Quote:
Originally posted by DrGuile@Nov 23 2004, 11:49 AM
Far from me to call myself an economist, but the article seems to make abstraction of insurance money and government relief money.
Wouldnt those be "new" money, that wouldnt have been spent in the Florida economy otherwise?
Im not saying hurricanes are a good thing, but that example seems a little simplistic...
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DrDeguille,
one thing about laws,
if they work and correct in the small samples,
they are correct in large samples as well.
If you and PD were correct,
natural disaster destroying 3/4 of Canadian infrastructure be concidred and excelelnt news for the Canadian economy.
don't you think?