On this Day:
The bonfire of the vanities occurs when supporters of Girolamo Savonarola burn thousands of objects like cosmetics, art, and books in Florence, Italy.
1898
Émile Zola is brought to trial for libel for publishing J'Accuse.
1900
Second Boer War: British troops fail in their third attempt to lift the Siege of Ladysmith.
1986
Twenty-eight years of one-family rule ends in Haiti when President Jean-Claude Duvalier flees the Caribbean nation.
1990
Dissolution of the Soviet Union: The Central Committee of the Soviet Communist Party agrees to give up its monopoly on power.
***
"Talent hits a target no one else can hit; genius hits a target no one else can see."--Arthur Schopenhauer
***
The Olympics promises respect we don't always see in popular competitive sports. Or competitive ideas.
***
Vonn is said to have a plateau fracture, the support of the femur. Unbelievable risk at skiing force of up to 6 Gs.
***
Benghazi's been avenged. Any plans for The Liberty?
***
SatStats
Over the past century, the length of Oscar speeches has ballooned, peaking in the 2010s at almost 300 words per speech.
*
Mammals and non-human primates follow a clear scaling of body mass to brain mass. Humanoids break that trend.
*
People know whether or not they want to buy a house in just 27 minutes, but it takes 88 minutes to decide on a couch
*
At Berkeley, as recently as 2015, white male hires accounted for 52.7 percent of new tenure-track faculty; in 2023, they accounted for 21.5 percent. UC Irvine has hired 64 tenure-track assistant professors in the humanities and social sciences since 2020. Just three (4.7 percent) are white men. Of the 59 Assistant Professors in Arts, Humanities and Social Science appointed at UC Santa Cruz between 2020-2024, only two were white men (3 percent).
*
National Debt
A recent report from the Committee for a Responsible Federal Budget projects that interest payments on America’s national debt will surpass $1.5 trillion in 2032 and reach $1.8 trillion by 2035.
According to the Treasury Department, U.S. national debt now stands at $38.56 trillion — and it continues to grow as federal spending outpaces revenue.
So far in fiscal year 2026, the government has already spent about $602 billion more than it has collected.
The interest payments on the national debt exceed the military budget, which is $1 trillion.
*
100 South Koreans will have an estimated 15 grandchildren
*
Overall, our findings challenge popular narratives and suggest that pet ownership may support, rather than displace, fertility.---a paper
*
Planning assistance caused municipalities to build 20% fewer housing units per decade over the 50 years that followed.
*
At the end of 2025. Berkshire Hathaway's marketable equity portfolio was valued at about $320 billion, and the business has about $354 billion of cash to deploy on top of that.
*
This is the toughest market for PhD economists in recent memory. JOE listings are down 20% from last year. Worse: they are 19% below COVID levels.