Fourth on the Fifth

The letter John Adams wrote on the 3rd, plus the reason why I'm not really writing about student loans after all. Also, 7 other things worth your time.

We’ve had a lot of new subscribers over the last few days. Thank you and welcome! You’re starting off with an unusual holiday edition of Understandably, but we think it’s a good one. And hey, there’s a lot of other great stuff coming up soon. Stick around!

Also, congratulations to Colt Alton of Denver, Colorado, who was the first reader to reply with the…