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Economic Freedom Helps Chile Survive Earthquake

Tim Padgett has an item at Time titled “Chile and Haiti: A Tale of Two Earthquakes” that notes:

The 8.8-magnitude earthquake that hit Chile early on Feb. 27 was 500 times stronger than the 7.0 quake that killed an estimated 200,000 Haitians last month. And yet the number of casualties in Chile appears to be exponentially smaller, with the official death toll still in the hundreds. Far fewer people were rendered homeless than in Haiti, and much of the telephone service in Santiago and parts of central Chile had been restored within five hours.

Both Chile and Haiti sit atop large,

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