Jonathan Gruber on the broken American health-care system, Obamacare, the Trump administration's war on vaccines and science, and being on the wrong end of Republican outrage. Plus: David on Donald Trump's Ukraine 'peace plan,' recent scandals, and They Thought They Were Free, by Milton Mayer. On this week's episode of The David Frum Show, The Atlantic's David Frum opens with his thoughts on the shocking alleged corruption that has informed President Donald Trump's actions toward Ukraine and the scandal of the recently proposed 'peace plan' by the United States. He goes on to discuss how the many scandals of the Trump presidency make it hard to focus on just one, as it is quickly replaced in the news cycle by another. Then David is joined by Jonathan Gruber, an economics professor and the chairman of the economics department at MIT. Gruber discusses the backlash he faced as a key architect of the Affordable Care Act and why the American health-care system still feels so broken. David and Gruber also talk about the war on both vaccines and science that is being waged by the conservative right....

Research universities heavily depend on federal money to conduct research and carry out other areas of work. For example, after tuition, federal money allocated for research made up 40% of the total revenue for two major research universities ' Johns Hopkins University and Massachusetts Institute of Technology ' in the 2022-23 academic year. As scholars of public administration and economics and former university administrators, we think parents and college applicants need to understand this economic landscape to make smart choices about making such a major investment. Here are four key things to know. Most American private colleges and universities are nonprofits, but they still care about revenue. These schools aren't responsible to shareholders, but they may respond to pressure from alumni, students, employees, donors, boards, the federal government and, if the schools are public universities, state governments. And like businesses, nonprofit colleges and universities need money. As a result, despite what you might think, most colleges are not particularly selective. Though they don't advertise that fact, hundreds of schools will take any student who meets minimal academic requirements and can pay tuition....

House lawmakers released damning correspondence between economist Larry Summers and the late convicted sex offender Jeffrey Epstein on Nov. 12, 2025. The exchanges, which were among more than 20,000 newly released public documents, documented how Summers ' a former U.S. Treasury secretary and Harvard University president ' repeatedly sought Epstein's advice while pursuing an intimate relationship with a woman he was mentoring. The two men exchanged texts and emails until July 5, 2019, the day before Epstein was arrested on federal charges of the sex trafficking of minors. That was more than a decade after Epstein pleaded guilty to soliciting prostitution from a girl who was under 18. Epstein died by suicide that August, while in jail. 'As I have said before, my association with Jeffrey Epstein was a major error of judgement,' Summers wrote in a statement to The Crimson, Harvard's newspaper, after the documents came to light. 'I am deeply ashamed of my actions and recognize the pain they have caused,' he said in another statement....

Good morning & happy Tuesday! Today, we're looking into Revolut, whose recent operational milestone with OpenAI signals a new era of AI Economics in FinTech (what it's all about & what it indicates about how FinTechs will be using AI in the future + bonus deep dive into Revolut inside), and Sony, which is about to issue a USD stablecoin to reshape entertainment payments (what's the USP here & why it makes sense + bonus dive into Klarna & recently announced KlarnaUSD & the ultimate list of stables resources inside). So let's just jump straight into the good stuff '' Rather than celebrating the milestone, Nesterov publicly labeled the achievement a waste on LinkedIn, revealing that Revolut had actually burned through several trillion tokens. His message included a direct call to engineers: help us reduce our dependence on external AI vendors....