Subsidizing Higher Education Is Not Creating Widespread External Benefits

NEW YORK (AP) — After the relative quiet of the pandemic, New York City has come roaring back. Just listen: Jackhammers. Honking cars and trucks. Rumbling subway trains. Sirens. Shouting.

Over the years, there have been numerous efforts to quiet the cacophony. One of the latest: traffic cameras equipped with sound meters capable of identifying souped-up cars and motorbikes emitting an illegal amount of street noise.

At least 71 drivers have gotten tickets so far for violating noise rules during a yearlong pilot program of the system. The city’s Department of Environmental Protection now has plans to expand the use of the roadside sound meters.

The purpose of this essay is not to convince the reader of the necessity for change. It is to present some commonsense policy changes to attempt to mitigate the economic harm that has been done to Western economies, especially to the United States and the United Kingdom, since the end of World War II. Please watch Godfrey Bloom and Alasdair Macleod’s recent interview with Sonia Poulton.

The video describes the current financial and reputational weaknesses of the West. For a more in-depth analysis of the financial threat to the West, please read any of Alasdair Macleod’s weekly essays from the past few months.

In the Poulton interview, Macleod ably describes the financial implications of the West’s deindustrialization policies and currency debasement. Bloom describes the reputational damage stemming from the West’s “sanctions” against Russia plus the consequences of deindustrialization due to the foolish pursuit of a Green New Deal.

A copy of the U.S. No Fly List has leaked after being stored on an unsecure server connected to a commercial airline. The No Fly List is an official list maintained by the U.S. government of people it has banned from traveling in or out of the United States on commercial flights.