Steven Yates

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Mises Daily Steven Yates
To listen to mainstream economists, including Wall Street analysts, what destruction Isabel wrought is really a bonanza for the economy. Maybe, if we are really desperate to improve the local economies of our cities and towns, what all of us ought to do is bulldoze our property to the ground. Think of all the jobs that will be created when it becomes necessary to rebuild our houses, workplaces, downtowns, shopping malls and other centers of commerce from scratch.