Clayton-Matthews predicts short-run economic impact from the Boston Lockdown is similar to a snowstorm

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Clayton-Matthews predicts short-run economic impact from the Boston Lockdown is similar to a snowstorm



What the Boston Lockdown Might Cost



By YUVAL ROSENBERG | The Fiscal Times | April 19, 2013



The most significant long-run economic impact, if there is any, may come from increased security costs, both in Boston and nationally, particularly for open-air events. “More resources will need to be put into making events secure,” Clayton-Matthews says, “and that takes away resources from other uses that might have led to higher growth in the future.”

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