Subsidizing Higher Education Is Not Creating Widespread External Benefits

Iran's New Supreme Leader To Be Chosen Within 24 Hours: State Media Iran could be hours away from installing a new supreme leader, with state Fars News reporting early Saturday that a successor may be selected within the next 24 hours, but there are signs of a potential factional power struggle - somewhat expected given the complex history of reform vs. hardline Islamic interpretations inside Iran. The outlet cited sources within the Assembly of Experts, which is the 88-member body of Islamic jurists elected every eight years and tasked with choosing...

Former Iraqi Prime Minister Nouri al-Maliki’s candidacy to return to the position was meant to have been vetoed last month by President Trump, who denounced Maliki as “insane” and threatened to withhold all US support if he returned to office. There was talk of a Sunday ultimatum for him to step down. Monday morning, Maliki […]

Stablecoins And The Rebasement Of The Dollar Authored by Lance Roberts via RealInvestmentAdvice.com, The “fiat is dying” argument has become a catchphrase narrative among digital asset bulls, gold bugs, and cryptocurrency advocates. That narrative’s core is that central banks have printed vast amounts of money. The “money printing” has led to currency debasement and rendered the U.S. dollar obsolete. We discussed this “debasement” narrative previously. The narrative is seductive: inflation is out of control, the government is printing money, and the dollar is on its last legs. But while there are real risks to watch, most headlines sell fear...