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Comment: Why we fail to prepare for disasters

By Tim Harford
Financial Times·
20 mins to read

Catastrophes such as coronavirus are all too predictable. What makes us do nothing in the face of danger?

For years, people had warned that New Orleans was vulnerable. The Houston Chronicle reported that 250,000 people would be stranded if a major hurricane struck, with the low-lying city left 6 metres underwater.

New Orleans's Times-Picayune noted the inadequacy of the levees. In 2004, National Geographic vividly described a scenario in which 50,000 people drowned. The Red Cross feared a similar death

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