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 […]
Tag Archives: economy
Election 2024: The Decline of Economic Sensibility
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 […]
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 […]
Drill, Baby, Drill (How Hate and Ignorance Distort Economic Perspectives)
By Daniel Brouse July 19, 2024 “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 […]
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 […]
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 […]
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 […]
Market Economics
Slavery never went away. It just evolved into more efficient slavery: wage servitude. Men As Beasts of Burden