Category Archives: Business

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 […]

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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 […]

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The Politics of Climate Change

By Daniel Brouse As a climate scientist, I have studied the impact of politics on the climate for decades, and the United States ranks among the least prepared countries globally. It also has one of the highest percentages of climate change deniers. Politicians exacerbate this issue by obstructing necessary efforts to combat climate change. The […]

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Economics: The Impact of Hate on Political Perspectives and Social Cohesion

By Daniel Brouse August 2, 2024 “Whereof one cannot speak, thereof one must be silent.” — Ludwig Wittgenstein For decades, I have been actively involved in promoting the education of world economics. In recent years, I’ve observed a troubling phenomenon: certain segments of the population appear resistant to educational outreach, a condition that seems to […]

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Wealth Taxes Are Illogical

By Daniel Brouse July 30, 2024 There are numerous reasons why a wealth tax can be a self-defeating fiasco, and the case of taxing someone like Elon Musk vividly illustrates this. A wealth tax on high-net-worth individuals could create a complex and problematic feedback loop involving the sale of Tesla stock and the associated capital […]

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The National Debt and the Printing of Money

The two most important components of US fiscal and monetary policy are the national debt and the Federal Reserve’s ‘Credit and Liquidity Programs and the Balance Sheet’. National Debt The national debt of the United States has increased significantly under both Republican and Democratic administrations, although the contributing factors have varied. Under Republican presidents, Ronald […]

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Drill, Baby, Drill (How Hate and Ignorance Distort Economic Perspectives)

“Perhaps most importantly is the repeated use of the phrase ‘Drill, Baby, Drill’.” Economic Update: If Trump wins, great news for the very few people whose primary income comes from government securities interest! Unfortunately, very, very bad news for everyone else. Tariffs, protectionism, lack of immigration, and nationalism are all detrimental to the economy. Tariffs […]

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The Federal Reserve and the Chevron Decision

by Daniel Brouse July 10, 2024 The Federal Reserve chairman was questioned in Congress today about the potential impacts of the ‘Chevron Decision’ on the Fed. Although he mentioned that it was too early to determine the full effects, he acknowledged that numerous frivolous lawsuits could become a significant hindrance. This uncertainty clearly poses challenges […]

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Looming Deadlines for Coastal Resilience: Rising Seas, Disruptive Tides, and Risks

Looming Deadlines for Coastal Resilience: Rising Seas, Disruptive Tides, and Risks to Coastal Infrastructure The report “Looming Deadlines for Coastal Resilience: Rising Seas, Disruptive Tides, and Risks to Coastal Infrastructure” highlights the critical challenges and timelines faced by coastal communities in addressing the impacts of climate change. Key points include: Rising Sea Levels: Coastal regions […]

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Disadvantages of High Income Taxes

By Daniel Brouse June 18, 2024 The most significant problem with high income tax rates is that government spending is often inefficient and non-productive. When the government collects more revenue through high taxes, it doesn’t necessarily lead to better outcomes. Instead, it can result in wasteful spending, bureaucratic inefficiencies, and poorly managed projects. For instance, […]

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