Patrick Byrne: If you had $100 billion to give away, how would you spend it?

Patrick Byrne: First of all U.S. education. Education, we’re . . . we’re spending about four . . . or no. We’re spending about eight or nine percent of GDP and education, but I would give it to where . . . some of it towards educating disadvantaged people. We’re creating . . . We have created a class of undereducated people that it’s . . . We’ve given them a death sentence. I would probably put $40 billion into a Manhattan project of alternative energy. Don’t know if it’s fusion. Don’t . . . not . . . don’t know if it’s, you know, sun. I have . . . I have . . . ..., geothermal. Not sure wind is ever gonna get us where we think it’s gonna get us, but alternative energy. And then in the developing world, although there’s a lot of evidence that you can’t get rid of poverty by giving money away, lots of it ... pretty overwhelming evidence, you can get . . . there’s . . . There were some studies done where you . . . They would go into an Indian village, and you take the output variable to be the weight of children and a family. That’s a very good way to measure the well-being of a family – specifically increases in children’s weight. Well if you give money to men, you don’t get any increase in the weight of children. You get increase in their consumption of alcohol, tobacco and (01:02:14) hookers. You give money to women, you immediately see this dramatic increase in the weight of children. So I think that there’s . . . I’m really cynical about large . . . To be honest I’m cynical about Jeffery Sachs and Bono and that whole . . . that whole approach. I mean to me they’re just trying stuff that was tried 40 years ago. It didn’t work then. It’s not gonna work now. Recorded on: 10/29/07

We must spend more money on the well-being on the young

​There are two kinds of failure – but only one is honorable

Malcolm Gladwell teaches "Get over yourself and get to work" for Big Think Edge.

Big Think Edge
  • Learn to recognize failure and know the big difference between panicking and choking.
  • At Big Think Edge, Malcolm Gladwell teaches how to check your inner critic and get clear on what failure is.
  • Subscribe to Big Think Edge before we launch on March 30 to get 20% off monthly and annual memberships.
Keep reading Show less

In Switzerland, gun ownership is high but mass shootings are low. Why?

In the face of seemingly unstoppable gun violence, Americans could stand to gain by looking to the Swiss.

Politics & Current Affairs
  • According to a recent study, the U.S. had the second highest number of gun-related deaths in 2016 after Brazil.
  • Like the U.S., Switzerland has a high rate of gun ownership. However, it has a considerably lower rate of deaths from gun violence.
  • Though pro-gun advocates point to Switzerland as an example of how gun ownership doesn't have to correlate with mass shootings, Switzerland has very different regulations, practices, and policies related to guns than America.
Keep reading Show less

Is this why time speeds up as we age?

We take fewer mental pictures per second.

(MPH Photos/giphy/yShutterstock/Big Think)
Mind & Brain
  • Recent memories run in our brains like sped-up old movies.
  • In childhood, we capture images in our memory much more quickly.
  • The complexities of grownup neural pathways are no match for the direct routes of young brains.
Keep reading Show less