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In Ann Arbor, Michigan, there’s a psychiatry practice called Mind Work that doesn’t take Medicare. It doesn’t take Medicaid or Blue Cross or any other insurance either. Patients pay cash. The practice belongs to Dr. Sarah Jukaku, who used to be co-chief of psychiatry at University of Michigan Health— a hospital system that
On Tuesday, New York Governor Kathy Hochul signed the nation’s first statewide ban on new AI data centers. Data center development, she explained, “threatens to hike up utility bills, deplete our natural resources, and create uncertainty for New Yorkers.” Officially it’s a one-year moratorium while Albany designs a “regulatory framework.” She’s not wrong
Hollywood is synonymous with California. It’s where the entire industry of motion pictures was born and raised for a century. The sign in the hills above Los Angeles might be the most famous advertisement on earth, and the industry built the state’s fame, its mythology, and a good part of its fortune. That
The lights went on at approximately 3pm on September 4, 1882 in New York City. Thomas Edison (with major funding from JP Morgan) had spent roughly two years building the first-ever commercial power plant, located in Manhattan’s financial district. Its total capacity was about 600 kilowatts… barely enough to power a single rack
[Editor’s note: This letter was written by Schiff Sovereign’s CEO, Viktorija] Picture the kind of life that, in the West, only the genuinely rich can afford: a full-time housekeeper who cooks and cleans, a concierge doctor you text with directly whenever you need, dinner out with friends several times each week without even
On the afternoon of September 6, 1901, President William McKinley stood in a receiving line at the Pan-American Exposition in Buffalo, New York, shaking hands with a crowd of well-wishers. One of the people in the crowd was a young man named Leon Czolgosz… who was patiently waiting with a revolver wrapped in
Yao Tongbin was one of the most important scientists in Maoist China. He had earned a doctorate in metallurgy in England, spent three years at a research institute in West Germany, and left it all to return to China in 1957. He spent the next 11 years building China’s first-ever modern missile program,
In December 1916, with German and Austro-Hungarian armies closing in on Bucharest, the Romanian government made a decision that must have felt entirely sensible at the time. Romania had gambled its way into the Great War a few months earlier, sending its army across the Carpathian Mountains to grab Austro-Hungarian Transylvania, believing that
There’s a reason why your next iPhone is about to get a lot more expensive: the northern long-eared bat. This species of bat is federally recognized as endangered, and it nests in a stretch of forest in upstate New York. And it’s the reason why tech companies can’t build a $100 billion memory
[Editor’s note: This letter was written by Schiff Sovereign’s CEO, Viktorija, who is originally from Lithuania but splits her time between Mexico and Panama.] The first time I came to Panama was about 16 years ago, and I felt like someone was always yelling… either yelling at me, towards me, through me, about
20 years ago, if you recognized how deep America’s problems were, it was easy to feel like you were the crazy one. Banks were handing out mortgages to people who plainly couldn’t afford them. Wall Street bundled those mortgages by the millions and sold them on as some of the safest investments around.
Every morning until eight, you can walk straight down the middle of this palm-lined beach avenue, and feel like the whole coast was built for people, because there isn’t a single car in sight. That’s because this city clears its main beach road of traffic every morning from 5 to 8am, and it
On April 3, 1973, a Motorola engineer named Martin Cooper stood on a sidewalk in Manhattan, raised a two-and-a-half-pound prototype to his ear, and placed the world’s first handheld cellular phone call. The man he dialed was his chief rival at Bell Labs. Cooper wanted him to hear the news firsthand: that Motorola
There are things that a free market will never do, and it’s usually for very good reasons. Running fiber-optic cable down a twelve-mile dirt road costs a fortune, and the handful of households scattered along that road will never pay enough in monthly bills to justify the cost of laying the cable. That’s
Late Monday night on a quiet residential street in north Belfast in Northern Ireland, a man pinned his neighbor to the pavement and literally tried to cut off his head with a kitchen knife. Bystanders screamed that he was trying to decapitate the man before someone intervened. The victim survived, though he lost
