Faculty News
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Prof. Paul Romer on the benefits of crises
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![](/sites/default/files/styles/192w_x_144h/public/assets/images/con_031604.jpg?h=cd55d432&itok=o5rX1eqB)
Excerpt from Rapid City Journal -- "'A crisis is a terrible thing to waste,' according to the famous quote by Stanford economist Paul Romer, pointing out that in a contentious democracy such as ours, competing interests suspend their differences only when they have to confront a common threat." Additional coverage appeared on DAWN.com and Business Insider.
Faculty News
—
![](/sites/default/files/styles/192w_x_144h/public/assets/images/con_031604.jpg?h=cd55d432&itok=o5rX1eqB)
Excerpt from Rapid City Journal -- "'A crisis is a terrible thing to waste,' according to the famous quote by Stanford economist Paul Romer, pointing out that in a contentious democracy such as ours, competing interests suspend their differences only when they have to confront a common threat." Additional coverage appeared on DAWN.com and Business Insider.