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Amy Letter's avatar

Reading about the Baltimore bridge disaster, I found myself very comforted to learn how quickly the sailors and bridge workers responded to stop traffic and keep the disaster from being even worse. I do think the world is mostly peopled by “Petrovs” — and that’s why we can live in this precarious sugar castle with only *occasional* disasters. ¯\_(ツ)_/¯

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Max More's avatar

There are major issues with the "billion dollar disaster" graph. See Roger Pielke analyses on The Honest Broker. In brief, damage is more expensive because we are wealthier. The physical impact (including on lives lost) is quite different.

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