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 […]
Category Archives: Business
Election 2024: The Decline of Economic Sensibility
Also posted in Environment, Global Warming, Government, Politics, Science
Tagged climate change, economy
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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 […]
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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 […]
Also posted in Agriculture, Education, Environment, freedom, Global Warming, Government, health and wellness, Politics, Science
Tagged climate change, economy
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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 […]
Also posted in Environment, Finance, Global Warming
Tagged climate change, real estate
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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 […]
Also posted in Agriculture, Education, Energy, Environment, freedom, Global Warming, Government, International, Politics, Science, taxes
Tagged climate change
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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 […]
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 […]
Also posted in Finance, Global Warming, Government, taxes
Tagged climate change, economy
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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 […]
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 […]
Also posted in Agriculture, Energy, Environment, Global Warming, Government, health and wellness, International, Science
Tagged climate change, economy
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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 […]
Also posted in Environment, Finance, freedom, Global Warming, Government
Tagged climate change, interest rates, real estate
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