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Are there any economic benefits of snowstorms?

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We hear it every winter: pronouncements that a blizzard cost the U.S. economy hundreds of millions of dollars. But in an era when so much business can be done over the phone and online, these estimates leave some scratching their heads. Could a simple snowstorm really cost the U.S. read more

Society, being a metaphor and abstraction, receives no benefits from anything. People may receive economic and aesthetic benefits from changes. If my neighbor kills his weeds and plants a nice lawn, complete with sprinkler system, my little corner of the community is gentrified and I benefit, both economically and aesthetically. read more

There is a certain point at which a snowstorm can go from being a small economic obstacle to something a bit more pernicious. That’s what happened in the winter of 2013-2014, when a series of severe snowstorms across America helped the economy shrink by 2.1% in the first quarter of 2014. read more

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