“Disasters,” writes the bow-tied celebrity economist Peter Morici, “can give the ailing construction sector a boost, and unleash smart reinvestment that actually improves stricken areas and the lives of those that survive intact.” Oy… Hurricane Sandy appears to be having a number of perverse effects… Knight Capital — the outfit that sent more than 100 stocks on wild swings in August thanks to a “software glitch” — ran into generator problems at its New Jersey [...] Pyrrhic Stimulus appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .