A couple weeks ago, I presented a brief economic forecast to the Commercial Real Estate Women (CREW) organization in the Inland Empire of Southern California. If you’re interested to see what’s happening in the economy, what to expect, and what we can do about it, you can watch this 12-minute talk here:
My part of the session begins at 22:52, which is where the video above should start when you click play.
The recent earthquake in Haiti has focused attention on the area and especially on how shoddy construction and engineering of its buildings played a huge role in the scale of the disaster. Sights like the presidential palace collapsed like an accordion have been splashed all over the media.
Many have called for Haiti to be rebuilt earthquake-proof, and you might as well throw in hurricane and flood-proof as well, since the country sits in such a disaster-prone location. While this will probably be done for municipal buildings and other publicly funded buildings like hospitals, airports, schools and the like, the chances that the slums around Port-au-Prince will be rebuilt to withstand earthquakes are virtually nil. Most of them (most of the buildings in Haiti, probably) weren’t constructed to any building code, or even by an engineer or architect. Once the world’s attention gets distracted by some other crisis, most of the new buildings probably will be just as vulnerable. Continue reading “The Bigger They Are…”
My latest column is on the South Florida Sun-Sentinel site. It’s a few days old. I almost missed its publication, coming out of my book-writing haze. This column features an exclusive interview with Marsha Henry, an LSE lecturer who studied and visited Haiti prior to the earthquake. Consider it the first installment in a three-part Trading 8s series on the Haiti disaster. Tomorrow, Alex will give an engineering perspective on rebuilding Haiti, and I will conclude on Wednesday with an economics suggestion or two to fund Alex’s ideas. We hope you enjoy the whole series, beginning with this column.