The 2005 hurricane season ends today. Twenty-six named storms and four hurricanes hit the U.S., making this season the worst, and most expensive, on record. As preparation turns to rebuilding, host Melinda Penkava looks at the economic realities of hurricanes. Guests include: Jamie Kruse, director of the Center for Natural Hazard Research at East Carolina University; Ashley London, reporter with the Charlotte Business Journal; Jim Kleckley, professor of finance at E.C.U; Barbara Barrett, reporter with the News & Observer of Raleigh; and Michael Madonna, homeowner on Topsail Island. Listener Call-In. (59:00)
This program was produced in cooperation with the students of Professor Patrick Conway’s first-year seminar class at UNC-Chapel Hill entitled “The Economics of North Carolina.” For more information on this topic, click here.