“Unfortunately, history suggests the economic damage will endure long after the wreckage in Minneapolis is cleared. Economic research and basic economic theory indicate that local residents will suffer from myriad cascading consequences ranging from business flight, reduced capital investment, higher insurance costs, and lower property values. All of these effects will be especially hard on underprivileged communities. There is not an abundance of data on the costs of riots, but the evidence that does exist points in one direction.”
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