
The Economics of Disasters
Economics Explained
Exploring Economic Impacts of Natural Disasters and the Parable of the Broken Window
Exploring how natural disasters impact economies and GDP measurements by illustrating the deceptive increase in economic activity post-disaster, delving into the Parable of the Broken Window to distinguish between genuine economic progress and temporary boosts, while shedding light on the media's role and the human factor in economic scenarios.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.