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 […]
Tag Archives: economy
Inflation and the Fallacy of Price Gouging and Corporate Greed
Posted in Agriculture, Business, Energy, Environment, Finance, Global Warming, Government, International, Science
Also tagged climate change
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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 […]
Posted in Business, Environment, Global Warming, Government, Politics, Science
Also tagged climate change
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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 […]
Posted in Agriculture, Business, Education, Environment, freedom, Global Warming, Government, health and wellness, Politics, Science
Also 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 […]
Posted in Business, Education, Government, International, Science, taxes
Tagged economy
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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 […]
Posted in Business, Finance, Global Warming, Government, taxes
Also tagged climate change
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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 […]
Posted in Agriculture, Business, Energy, Environment, Global Warming, Government, health and wellness, International, Science
Also tagged climate change
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The True Costs (and Benefitlessness) of a Trump Economy
January 23, 2020 What are the costs and benefits to the United States under a Trump economy? Financial Analysis: Current State of Affairs First, start with a financial analysis — a snapshot of the current economic health of the nation. What would a financial analysis that is similar to an individual applying for a bank […]
Posted in Business, Energy, Environment, Finance, Global Warming, Government, International, Politics, Science
Also tagged flood insurance, real estate, tariffs, trade, Trump
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A Capitalist Growth Economy
International Economics 101 “On a finite planet, endless economic growth is impossible.” 1) The US is built on a “capitalist growth economy” 2) A capitalistic growth economy is dependent on population growth 3) Inbreeding of ignorant racists is not a growth economy strategy (such as Germany did through World War II) 4) Immigration (such as […]
Posted in Business, Education, Finance, freedom, Government, History, International
Also tagged capitalism, capitalist growth economy, Germany, population growth, USA
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Occupy Philly and Wall Street
KingArthur.com: Occupy Wall Street Protesters The “Occupy Wall Street” protests in Zuccotti Park by KingArthurCom YSCjZ1irxEk 1:02 Occupy Philly Rainy Day City Hall Philadelphia 2011 10 19 3 YSCjZ1irxEk 8bOAvsgzIYI Occupy Philly Rainy Day City Hall Philadelphia 2011 10 19 2 8bOAvsgzIYI gZWrnV1lzgM 0:15 Occupy Philly Rainy Day City Hall Philadelphia 2011 10 19 1 […]
Posted in Business, Government, Law, Politics, Society
Also tagged movement, Occupy Philly, Philadelphia, protesters, social network, Society, videos, Wall Street
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