The Price of Adaptation: Who Pays to Protect the Economy?
Imagine two identical coastal towns. Both know that flooding is becoming more dangerous. Both have roads, homes, businesses, power lines, and water systems wort…
Imagine two identical coastal towns. Both know that flooding is becoming more dangerous. Both have roads, homes, businesses, power lines, and water systems wort…
When people hear the words *global warming*, they usually imagine melting glaciers, rising seas, wildfires, or perhaps a polar bear standing on a shrinking piec…
Most people have heard the phrase **"Bolivar can't carry double."** Even if they have never read the O. Henry story where it came from, they understand its mean…
Imagine trying to transport a giant cloud across an ocean. That sounds impossible. For most of human history, moving natural gas over long distances was almost …
Most people think of natural gas as simply another fossil fuel. It heats homes, powers factories, generates electricity, and cooks dinner. It sits beside oil an…
Spain left North America with the trophy. FIFA left with record revenues. Millions of fans left with photographs, credit-card bills, and stories they will proba…
Imagine your car suddenly needs a $900 repair. Your next paycheck arrives in ten days. Your credit card is already close to its limit. The bank cannot approve a…
Most people think pawn shops make money by lending cash. They don't. What they really sell is **certainty**. And what they really buy is **risk**. Understandi…