by Daniel Brouse November 29, 2024 / Black Friday The exact cost of climate change is challenging to calculate due to the sheer complexity of the issue and the myriad variables that are difficult to quantify. However, specific climate-related events provide tangible examples of its economic and societal impacts. Climate Disasters For instance, the 2019 […]
Tag Archives: economy
The Hidden Price of Progress: Unraveling the Economic, Environmental, and Human Costs of Climate Change
Posted in Agriculture, Business, children, Education, Energy, Environment, Finance, Global Warming, Government, health and wellness, International, Science
Also tagged climate change, Economics
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U.S.-Canada Softwood Lumber Tariffs: Rising Rates and Their Impact on Housing Costs
The rise in lumber prices, exacerbated by the existing tariffs on Canadian lumber, is directly contributing to a decline in the supply of affordable housing. These tariffs increase the cost of importing essential materials, driving up construction expenses for builders. As a result, developers are less inclined to invest in affordable housing projects, which often […]
Trump’s Proposed Tariffs on Mexico and Canada: A Policy Analysis
Former President Donald Trump recently announced that on the first day of a potential second term, he would impose 25% tariffs on both Mexico and Canada in response to issues surrounding fentanyl and migration. However, this approach is riddled with economic, legal, and diplomatic flaws. Violation of Existing Trade Agreements One of the most glaring […]
Posted in Business, Finance, freedom, Government, International, Law
Also tagged free trade, tariffs
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Inflation and the Fallacy of Price Gouging and Corporate Greed
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 […]
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)
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 […]
Posted in Agriculture, Business, Energy, Environment, Global Warming, Government, health and wellness, International, Science
Also tagged climate change
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