http://blog.principal.com/2012/10/31/quantifying-the-devastation/ Investment management insights and commentary Tue, 21 May 2013 19:55:14 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://blog.principal.com/2012/10/31/quantifying-the-devastation/comment-page-1/#comment-12 Jason Fri, 09 Nov 2012 20:40:30 +0000 http://blog.principal.com/?p=1114#comment-12 Robin, I’m not sure what type of economists they have writing at “The Atlantic” but they need to read up on Bastiat’s “Parable of the broken window”. The wealth that must go into the rebuilding effort is lost, how could an economist ignore the opportunity costs of such destruction?

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