by Daniel Brouse January 9, 2025 The Los Angeles wildfires are shaping up to be the most expensive climate disaster in history. Just days into the crisis, with most fires still raging out of control, early damage estimates have already reached a staggering $57 billion. As these fires continue to spread, that figure is expected […]
Category Archives: Environment
The Los Angeles Wildfires: A Record-Breaking Climate Disaster
Climate Change Superfund Act
by Daniel Brouse New York State has enacted the Climate Change Superfund Act, a pioneering law that mandates large fossil fuel companies to contribute financially toward mitigating climate change impacts. Signed by Governor Kathy Hochul, this legislation requires major oil, gas, and coal companies to pay a total of $75 billion over 25 years, equating […]
Avian Influenza: Lessons from History and the Looming Public Health Threat
by Daniel Brouse Bird flu, or avian influenza, has been known and circulating for over a century. The first documented outbreak in poultry was in Italy in 1878, described as a “fowl plague.” It wasn’t until the mid-20th century that the disease was recognized as being caused by influenza A viruses. Over time, the virus […]
Heaven, the Soul, and the Meaning of Life
by Daniel Brouse The questions “How do I get to go to heaven?” and “What is a soul?” have intrigued humans for millennia. These concepts touch on the deepest aspects of human existence, offering not only spiritual and philosophical contemplation but also a search for purpose in the cosmos. Our understanding of these concepts has […]
How Risk Management Turns to Crisis Management
by Daniel Brouse December 23, 2024 I have spent my life in the study and implementation of risk management. I obtained degrees with honors and academic accolades in economics, philosophy, and logic, including becoming the youngest subscriber to the Federal Reserve’s “Beige Book,” the country’s youngest university-level statistics tutor, and an inductee into both the […]
The Golden Rule of Sustainability: Applying Game Theory to the Climate Crisis
Hypothesis: Q: Do unto others, as you would have them do unto you. Or, what? A: Or, the elimination of all players is possible. PROOF Introduction A proof of The Golden Rule. The Golden Rule can be applied to economics similarly to Nash’s Equilibrium (or Le Chatelier’s Principle in chemistry): “The best responses of all […]
The Hidden Price of Progress: Unraveling the Economic, Environmental, and Human Costs of Climate Change
by Daniel Brouse November 29, 2024 / Black Friday The exact cost of climate change is challenging to calculate due to the sheer complexity of the issue and the myriad variables that are difficult to quantify. However, specific climate-related events provide tangible examples of its economic and societal impacts. Climate Disasters For instance, the 2019 […]
U.S.-Canada Softwood Lumber Tariffs: Rising Rates and Their Impact on Housing Costs
The rise in lumber prices, exacerbated by the existing tariffs on Canadian lumber, is directly contributing to a decline in the supply of affordable housing. These tariffs increase the cost of importing essential materials, driving up construction expenses for builders. As a result, developers are less inclined to invest in affordable housing projects, which often […]
Why is Bitcoin so Expensive, and How Long Will it Last?
Have you ever wondered why Bitcoin is so expensive or how long Bitcoin will last? Bitcoin transactions are recorded and validated by a decentralized network of miners. Miners use computational power to solve complex mathematical puzzles, ensuring the integrity and security of the blockchain. In return, they are rewarded with newly minted bitcoins (block rewards) […]
Inflation and the Fallacy of Price Gouging and Corporate Greed
Question: Can you actually prove there was “no widespread corporate price gouging”? I’m having trouble wrapping my head around like, Kellogg’s, grocery prices quadrupling in some cases. Overview There wasn’t widespread corporate price gouging, which is illegal and has been prosecuted in isolated cases, mainly among small companies. Price rises primarily stemmed from supply and […]