July 20, 2015

The Strength of the Human Spirit Was The Greatest Winner from Hurricane Katrina

Virgil Storr

Vice President, Academic & Student Programs

Laura Grube

Assistant Professor of Economics, Beloit College

In recent months a number of natural disasters have struck individuals and communities around the world. In April, for instance, a devastating 7.8 magnitude earthquake in Nepal killed as many as 7,000 and injured tens of thousands. In May, heavy rains caused flooding throughout the south central United States, claiming the lives of two dozen people in Texas. Early estimates of damage to public property alone is more than $80 million. The extent of the damage will become more apparent as homeowners return and begin cleaning up and rebuilding.

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