The Economics of Disasters

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  Afficher plus

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  Afficher plus

Lying atop a network of fault lines, where the Indian and Eurasian tectonic plates meet, Afghanistan is prone to earthquakes. However, the Herat area has not seen an event for almost 1000 years. As such, it was the least likely area to experience the series of devastating earthqu ...  Afficher plus

Floods, earthquakes, tsunamis, tornados, explosions, hurricanes, oil spills, bombings, BAD THINGS: Why do they happen? What can we do to prepare? What is a disaster vs. a catastrophe? Who makes it their life's work to go help? Professional Disasterologist and Emergency Managem ...

The Tohoku earthquake which led to the Fukushima accident was the 4th most powerful earthquake in the world since modern measurement and record keeping began in 1900. This earthquake was so powerful that it redistributed earth’s mass sufficiently to shift the earth’s f ...

<div>Hi friends, happy Wednesday! 

Do you guys remember earthquake drills? I grew up in California… So earthquake drills were just part of my life growing up.

It seemed like we did earthquake drills nonstop. And despite that, I can never seem to remember what to ...  Afficher plus