Subsidizing Higher Education Is Not Creating Widespread External Benefits

It Was All A Mirage: 2.5 Million Native-Born US Workers Were Just Revised Away One of Donald Trump's core pre-election promises (along with cracking down on immigration and no more foreign wars) was to boost employment for local-born Americans at the expense of the record employment for foreign-born, mostly illegal, workers. And for a while it worked: four months ago, when discussing the September jobs report, we said that while the broader report was generally mixed, it was "indisputably strong when it comes to one thing: the rotation from foreign...

The Iranians are sending their cheapest and oldest missiles first, to deplete the US' stock of interceptor missiles. Then Iran will send its newer, better missiles.

Systemic Risk: A 12-Order Cascading Analysis Of A Zero-Flow Strait Of Hormuz Closure Authored by Craig Tindale via X: Executive Summary The modern world order, having organized itself around efficiency, cost minimization, and logistical precision, has created a machinery of dependence so extreme that the interruption of one narrow corridor can propagate outward into a general crisis of civilization. What appears at first as a maritime blockade is in fact the exposure of the entire global system as a hierarchy of brittle interdependencies. Oil and LNG fail as inputs into electricity, fertilizer, shipping, chemicals,...