At the Journal of 9/11 Studies, we've gotten somewhat behind in publishing papers. But to begin a new round of articles and letters, we've just published an interesting look at the financial implications of 9/11. This paper from Professor Olivia Jackson examines typical perspectives about the impact of the attacks on the US economy, and comes to what may be a surprising conclusion..

Here is an excerpt.

"In summary, this paper highlights the United States’ ability to continue to persevere in the wake of crisis. As highlighted, instead of weakening the economy, 9/11 played no significantly direct role in altering the direction in which the economy was headed, given that the United States was already enveloped in a recession before the attacks occurred. If anything, such a tragedy as 9/11 brought about more challenges for the country, consequently, resulting in a more heightened US awareness and increasing stamina to meet these challenges"

More at the following link.

The Impact of the 9/11 Terrorist Attacks on the US Economy
http://www.journalof911studies.com/volume/2008/OliviaJackson911andUS-Economy.pdf

Comments are expected, of course. But while many see the US economy in the beginning a free-fall collapse, it seems important for us to remember that any "terrorist event" that occurs is not the sole reason for such a collapse.