Be prepared. Unless you are a politician.
Politicians who try to legislate to prepare for disasters are almost universally punished, while politicians who lobby for money to recover from disasters — which can be an exponentially larger amount of money — are rewarded.
Central Washington University economics professor Toni Sipic shared his research on this quirk of human nature vs. Mother Nature at a conference on seismic hazards at CWU Friday [April 4].
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Story by Andy Matarrese
April 8, 2014