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Ostrich Syndrome
Ostrich Syndrome
Yes, Academia, Winter Is Still Coming

The business model for PhDs is functionally off. Graduate schools are minting far more PhDs than the market can absorb. The problem is that the post-World War 2 university system was built on the assumption of an ever expanding population of students needing more and more higher ed. Therefore there was a need for each generation to produce more professors than the last. This is not unlike what plagues other blue mode constructs such as Medicaid and the various defined-benefit pension schemes.

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Walter Russell Mead & Staff
Trouble in Brussels

After threatening Putin with new sanctions over Syria, European leaders discover they lack the political will to deliver.

The United States is now going to have to figure out how to help Venezuela avoid completely melting down, with the Venezuelan strongman still at the helm.

Fear the Airpocalypse

Companies are defying orders to cut back on air pollution.

Asia's Game of Thrones

Philippine officials sought to clarify Duterte’s comments on separating from the U.S., but the situation is still murky.

Reefer Madness

Is it Gary Johnson’s world? Not necessarily.


Rosneft CEO Igor Sechin thinks Moscow can add 4 million barrels per day in the coming years.

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