Behind every natural disaster, there is a silver lining -- or at least that's what some experts would have you believe. Boston Globe reporter Drake Bennett makes the case for creative destruction economics.
The Johnstown disaster also made the community quite a generous one. The Jewish community for years was the top per capita giver in the US for disaster relief as measured by national and international Jewish organizations. After 1889, the tight multi-ethnic Johnstown community really did build a world class community by the 1920s with state-of-the-art schools, civic institutions, and some of the first electrified street car transportation. Eventually, teams from that company went on to transfer skills and technology to newer cities like Miami in the 1910s-20s, my family included.
This sounds like a good book just like another one I saw about how stock market crashes are good for innovation. I am sure a lucky few who have the current hottest state-of-the-art skills, stamina, hope, clear head, young age, connections, money in the bank, and agile mindset (what did I leave out?) can definitely make that lemonaid.
Aug. 11 2008 12:09 PM
Score: 0/0
Owen
from Rochester
Please ask your guest what he thinks of Naomi Klein's "Shock Doctrine." Thanks.
Aug. 11 2008 11:08 AM
Score: 0/0
O
from Forest Hills
If you are an optomist and believe in the Secret, yes I can see this.
Aug. 11 2008 11:02 AM
Score: 0/0
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Comments [3]
The Johnstown disaster also made the community quite a generous one. The Jewish community for years was the top per capita giver in the US for disaster relief as measured by national and international Jewish organizations. After 1889, the tight multi-ethnic Johnstown community really did build a world class community by the 1920s with state-of-the-art schools, civic institutions, and some of the first electrified street car transportation. Eventually, teams from that company went on to transfer skills and technology to newer cities like Miami in the 1910s-20s, my family included.
This sounds like a good book just like another one I saw about how stock market crashes are good for innovation. I am sure a lucky few who have the current hottest state-of-the-art skills, stamina, hope, clear head, young age, connections, money in the bank, and agile mindset (what did I leave out?) can definitely make that lemonaid.
Please ask your guest what he thinks of Naomi Klein's "Shock Doctrine." Thanks.
If you are an optomist and believe in the Secret, yes I can see this.
Leave a Comment
Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.