Here’s Ryan Young – and, here, David Theroux – taking on the imbecility of arguing that natural disasters are, or can be, good for the economy.
In the New York Times, Joshua Hammer reminds us of Japan’s 1923 Great Kanto earthquake.
Mike Munger links to Axel Leijonhufvud’s interview of F.A. Hayek. Thanks Mike (but I’ve always found the works of both of these scholars to be remarkably accessible…..)