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The Economics of Disasters
Manage episode 481205786 series 3562920
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The Los Angeles wildfires were one of the costliest natural disasters in U.S. history, killing dozens of people and destroying thousands of homes and businesses. As catastrophes like this one become more common, we are joined by Research Professor Adam Rose, a leading expert in the economics of disasters. We discuss how these estimates are calculated and what can be done to make disasters less costly.
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