Subsidizing Higher Education Is Not Creating Widespread External Benefits

Schiff: "Real Rates Are Going To Collapse"; Dollar Confidence Crisis Gold or Bitcoin: which can anchor the next reserve system?  Last night, in a ZH debate hosted by Real Vision's Ash Bennington, Peter Schiff argued for gold’s role as the future global reserve currency, while Mark Moss made the case for Bitcoin, arguing that it is gaining traction on sovereign balance sheets as of 2025. They covered America's dwindling reserve status, fundamental monetary properties, and the nature of governments. Here were some highlights for those short on time: Gold: Tried and True Schiff argued that...

What AI Doesn't Know - And Why It Matters Authored by Richard Porter via RealClearPolitics, Artificial intelligence has taken the wired world by storm, but the backlash came almost as fast. Progressives complain of job losses, environmentalists question the ecological impacts of huge data centers, and local activists are clamoring for assurances that household utility bills won’t skyrocket because of the centers’ voracious electricity requirements. Others simply worry that the technology will overwhelm humans’ ability to control it. At least in part, these reactions stem from the overselling of AI. AI is super...