By Daniel Brouse October 1, 2024 There is growing evidence that raindrops are increasing in size due to climate change and rising temperatures. Several studies suggest that global warming is influencing precipitation patterns, including the size and intensity of raindrops. Here’s a summary of the key points: 1. Increased Water Vapor in the Atmosphere Warmer […]
Category Archives: Business
Raindrops Are Increasing in Size Due to Climate Change
Violent Rain: Helene Update
By Daniel Brouse September 30, 2024 If you’re wondering why rain-related severe weather events are becoming more frequent and intense, it’s due to climate change. Rising temperatures increase the amount of humidity in the atmosphere, as warmer air holds more moisture. The Clausius-Clapeyron equation shows that for every 1°C (1.8°F) increase in temperature, the air […]
Political Overview of Economics
The latest economic analysis of the presidential candidates suggests that Trump’s fiscal policies could increase the federal deficit by an estimated $7-10 trillion over the next decade, primarily due to his proposed tax cuts and spending plans. Trump’s approach centers on lowering taxes, particularly for high-income earners and corporations, while increasing defense and infrastructure spending. […]
South Korea: Climate Law Fails to Protect Basic Rights
South Korea’s top court ruled in August of 2024 that the country’s climate change law does not adequately protect basic human rights and lacks sufficient targets to safeguard future generations. This landmark decision comes after activists accused the government of failing to effectively address the climate crisis. Since 2020, more than 200 plaintiffs, including young […]
Canadian Wildfires: Over the Tipping Point
by Daniel Brouse August 28, 2024 A study published in the Journal Nature found Canada’s 2023 wildfires released more carbon into the atmosphere than the annual emissions of all but three countries, underscoring a troubling trend. A new study raises serious concerns that Canada’s forests, long considered crucial carbon sinks, may no longer reliably absorb […]
Long-COVID Persistent Virus With Long-Term Costs
By Daniel Brouse August 20, 2024 A new study in Australia has found about $9.6 billion was lost in economic productivity due to long COVID in 2022. Researchers say that represented about a quarter of Australia’s real gross domestic product growth for that year. With the U.S. having about 90 million more cases than Australia, […]
Election 2024: The Decline of Economic Sensibility
I began writing this after listening to Harris’ recent speeches — first on drug prices and then on the broader economic policy of her campaign. My concerns arise from a general disappointment with the direction of the campaign’s economic strategy. Unfortunately, the “deal to cut Medicare prices on popular drugs” is misleading. The claim of […]
Why Cash is Not King
There are plenty of false and misleading memes circulating about using cash. There’s no direct harm to others in using cash, but it does come with greater risks, such as theft, the inability to track spending easily, and poor financial returns. That said, cash isn’t going away anytime soon. The real issue lies in the […]
Climate Science: Love and Hate
by Daniel Brouse August 9 ,2024 As an economist, I have spent my career studying risk management, and in the process, I have also become a climate scientist—because climate change is the greatest risk to humanity. Climate science is closely tied to our emotions, particularly hate and love. The hatred of scientists and intelligence is […]
Real Estate Market Update
By Daniel Brouse August 5, 2024 Short sellers in the real estate market are currently anticipating a significant downturn, driven by a combination of factors. The recent trend of private investment groups purchasing large quantities of real estate has led to concerns about a potential future liquidation of these assets. As these investment groups may […]