Effect of political riots

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Wasow 2020 analyzed data from black-led protests between 1960 and 1972, and concluded that protester-initiated violence increases right leaning views

https://www.wsj.com/articles/looting-is-second-blow-for-reeling-businesses-especially-in-minority-neighborhoods-11591214595?shareToken=stda64a8b6df4040718e013878bc6dac3a

This, completely unsurprisingly, is what riots do. In a pair of studies released in the mid 2000s, William J. Collins and Robert A. Margo found that the race riots of the 1960s did lasting damage in several ways. They found that the riots “depressed the median value of black-owned property between 1960 and 1970, with little or no rebound in the 1970s.” And they found suggestive evidence that the riots “had negative effects on blacks’ income and employment that were economically significant and that may have been larger in the long run (1960-1980) than in the short run (1960-1970).”

In another paper, Victor A. Matheson and Robert A. Baade found that the 1992 Rodney King riots “not only reduced taxable sales in the city immediately following the unrest, but that this social catastrophe has had a lasting impact on the economic performance” of Los Angeles.