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College, Chaos, and Prigozhin
Plus: WTF is happening in Russia, with Alexander Vindman
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CHARLIE SYKES: The Furies of Mar-a-Lago
NEXT LEVEL 🎥: Trump World Goes Ballistic On Kevin McCarthy (w/Joe Perticone) Live at 7pm ET.
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BRENT ORRELL: Yes, College is Still a Good Investment.
ANOTHER GRADUATION SEASON is in the books. Some students have finished high school and are thinking about their next steps while others have just finished college and are wondering if it was worth it. They should rest easy: A new study by Harvard economist David Deming shows that college education remains a worthwhile investment for long-term economic returns.
Using data from the National Longitudinal Survey of Youth from the Bureau of Labor Statistics, Deming found that college graduates generally earn significantly higher wages throughout their careers compared to those without a degree. The “college wage premium” grows substantially with age and work experience, even when adjusted for cognitive skill levels. Those who have diverse work experiences and higher levels of education see compounding skill and wage growth across their working lifetimes.
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CATHY YOUNG: What Comes Next for Prigozhin?
FOLLOWING THE BIZARRE 24-hour armed rebellion launched by Russian mercenary chief Yevgeny Prigozhin, the hotly debated question both in the West and in the expatriate Russian media remains: “What the hell was that?”
Was the mutiny by the Wagner private military company, which brought tanks, armored vehicles, and anti-aircraft guns to Russian highways and cities, staged by Vladimir Putin for some still-inexplicable reason? (Very unlikely.)
Was Prigozhin, the restaurateur nicknamed “Putin’s chef” for his role as the Kremlin’s court caterer, out to depose and replace Putin himself? (Also extremely improbable.)
Happy Wednesday! The Canadian wildfire smoke has made its way back east, thankfully not nearly as bad as last time. My friends and family in the Great Lakes / Midwest are now understanding how bad we had it a few weeks ago. Not great! Luckily, I still have some masks from COVID to go outside. Here’s a map so you can see how good/bad it is where you live.
A free library card, just for you… Is waiting at the OpenLibrary.
360°, no-scope… Guardians rookie Bo Naylor is gonna be something.
“I tried to take down the MAGA Trump GOP as an independent….” It didn’t work, writes our friend Chris Vance.
Trump can’t decide… Free the drug dealers or… kill them?
RFK Jr. gives the game away… It’s about attention. (And ratfucking Biden, obviously.)
Meanwhile, in the “Free State of Florida™”… A DeSantis veto costs the state hundreds of millions of federal dollars.
…and outside D.C. Jail… The Trumpers protesting there are turning on each other. You hate to see it.
The obstacles Ukraine faces… In its counteroffensive against Russia, visualized by the NYT.
Russia’s mutiny… Shows Ukraine can win, argues Nicholas Grossman at The Daily Beast.
“Social Media Was Useful For Me, As An Ill, Nerdy Teenager”… Writes our friend and former colleague Shoshana Weissman at TechDirt.
A bunch of Canadian vintage computers have been liberated… From a barn in Massachusetts.
Tech support questions? Email firstname.lastname@example.org. Questions for me? Respond to this message.
Editorial photos provided by Getty Images. For full credits, please consult the article.