A: When it's done voluntarily.
That's just one project near me. I just want to highlight the fact that although I only think disasters can offer gross benefits and not net benefits, it's not like there's anything wrong with the idea that destroying existing wealth can provide net benefits.
The problem is hurricanes don't just target the buildings we had plans to demolish - they target everything.
Hopefully everybody should accept that we've got both a gross and net benefit here as a result of the destruction of wealth in this case. So let's please not demagogue the hurricane.
Procrastinating on April 30, 2017
6 hours ago