Tag: climate change
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Disaster Capitalism
The incentives of capitalism are increasingly tied to disasters. We’ve built a system to respond to disaster which benefits the organizers of relief efforts rather than aiding those who are victims of the actual disaster. Advocates of a free market system argue that hard work should be rewarded. The exchange of goods at fair market…
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The Climate Change Conspiracy and How to Position Your Investment Account in 2019
President Trump tweeted the following on Nov 6, 2012: US manufacturing is not competitive even without regard to climate change! It’s common economic sense. Chinese production costs are lower than the United States. Chinese manufacturing yearly wages amounted to $9,207 in 2017. The Federal Reserve Bank of Saint Louis Economic Research division estimates the average hourly…
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