Category Archives: Government

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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Economic Facts on Immigration, Budget Deficits and Inflation

The two major contributors to today’s inflation that a President can influence are insufficient immigration and federal budget deficits. Both Trump and Biden administrations have played significant roles in these issues. Through May of 2024, average hourly wage growth has exceeded inflation for 12 straight months. Economic Facts on Inflation and Wage Inflation Current Impacts […]

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Politicians in Conservative, Rural USA Hinder Freedom

by Daniel Brouse Politicians in conservative, rural parts of the USA have often hindered progress in the fight against climate change due to several reasons: 1. Denial of Climate Science Many conservative politicians in rural areas deny the existence or severity of climate change, dismissing it as a hoax or exaggerated. This denial stems from […]

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Survey of Experts: Climate Crisis Going Past 2.5 Degrees

by Daniel Brouse The Guardian reports, “Many of the scientists envisage a ‘semi-dystopian’ future, with famines, conflicts and mass migration, driven by heatwaves, wildfires, floods and storms of an intensity and frequency far beyond those that have already struck.” In a recent survey of climate scientists, the consensus suggests that global warming is on track […]

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Climate Change: Ruled Against UK

Litigation seeking compensation for loss and damage caused by the actions of oil companies and governments has the potential to reshape global economics. In the past year, several legal rulings have held governments accountable for their role in exacerbating the climate crisis, signaling a shift in legal accountability and prompting broader discussions on environmental responsibility. […]

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9 Climate Change Tipping Points Crossed

By Daniel Brouse March 28, 2024 Tipping points are Critical Milestones that directly impact the rate of acceleration in climate change by multiplying the number and intensity of feedback loops. Identifying and understanding these tipping points is crucial for climate science and policymaking. Crossing multiple tipping points could lead to a domino effect, resulting in […]

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