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RE: Why Americans aren't prepared for the next mega-disaster
We don't prepare because its not rational. American's understand well, intuitively even, competitive economics. Its the Invisible Hand. Compare the cost / benefit of everyone everywhere preparing and few disasters occur in a few places. Sure some more will die and be hurt but the greater good will be served in that limited resources are being spent on keeping others / more alive and feeling better.
Posted by ksweere
14th Jul 2010