Deck chairs on the Titanic
While it’s noble that people the world over are horrified by the human toll of the tsunami (Mozambique just donated $100,000 for tsunami relief), this outpouring of sympathy is not altogether logical. As Nicholas Kristof pointed out in the New York Times, malaria, AIDS, and diarrhea each cause as many deaths each month as the tsunami did in December. If it was the actual toll of human suffering that got to us (and not just the theatrics of destruction), maybe we as a species would be more concerned about climate change. But for now, we can at least read about why investing in infrastructure in low-lying coastal areas may not be such a smart idea. Here’s an interesting analysis by The Australia Institute.