The Surprising Benefits of Disasters

The lives of Hurricane Katrina survivors were turned upside down, but after three years, they were doing better than before due to better education and jobs/nSimilar patterns were found in both Iceland and New Orleans, where disaster victims unexpectedly benefited from forced moves to better schools and job opportunities/nDisasters can encourage investment in new ways of doing things, such as working from home, and can lead to useful solutions once the problem is solved/nDestruction can produce a competitive advantage by culling weaker companies and giving more space to the strong.