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Milei Defends Capitalism and Austrian Economics at the WEF
This week, Bob walks through Javier Milei’s 2026 address to the World Economic Forum, explaining the Austrian and neoclassical ideas behind Milei’s defense of capitalism—from Rothbard and Kirzner to Pareto efficiency and the welfare theorems.
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Mar 14, 2026 / Tyler Durden
Meta Plans 20% Layoffs To Divert Capital To Data Centers
Meta Plans 20% Layoffs To Divert Capital To Data Centers
On Friday we noted that Meta has delayed the rollout of its latest AI model because it sucks - and may temporarily license superior models like Gemini to power the company's AI products.
Now, Meta is reportedly mulling a massive new round of layoffs that could affect more than 20% of its workforce as it accelerates spending on AI data center buildouts. The move comes as other hyperscalers consider similar workforce restructurings to redirect capital flows toward AI infrastructure.
Reuters cited people familiar...
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Feb 14, 2026 / Tyler Durden
3 Detained As SWAT Team Swarms Home Near Guthrie's House
3 Detained As SWAT Team Swarms Home Near Guthrie's House
In a dramatic Friday night development in a case that's garnered enormous public interest, three people were detained as a SWAT team executed search warrants connected to the abduction of the mother of NBC "Today" co-host Savannah Guthrie -- and a neighbor claims another person shot himself in the head. Action unfolded at two locations -- both of them only about two miles from Nancy Guthrie's Tucson residence. As this is written, police have yet to reveal details.
A Pima County sheriff's deputy...
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Apr 25, 2026 / Tyler Durden
DOJ Re-Adopts Executions By Firing Squad As It Strengthens Federal Death Penalty
DOJ Re-Adopts Executions By Firing Squad As It Strengthens Federal Death Penalty
The Department of Justice on Friday directed the Bureau of Prisons to expand death penalty protocols to include pentobarbital injections and firing squads as part of broader actions to strengthen the federal death penalty, Fox News reports.
"Today, the Department of Justice acted to restore its solemn duty to seek, obtain, and implement lawful capital sentences — clearing the way for the Department to carry out executions once death-sentenced inmates have exhausted their appeals," the DOJ memo obtained by...
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