
America Needs a Transcontinental Railroad
The dream of a transcontinental railway dates back to the Civil War. In 1862 President Abraham Lincoln signed the Pacific Railway Act, authorizing two railroad companies to lay tracks from the Missouri River to the Pacific Ocean. Seven years later, the project was completed when Leland Stanford joined the rails with a golden spike at Promontory Summit, Utah.
Economic Dynamism

The Price of Stagnation: Britain’s Retreat from Dynamism
We face a basic issue: we do not let cities or communities grow or die.
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London and the Architecture of Creative Growth
Preserving London's creative dynamism will require humility from policymakers and a commitment to keeping the city liveable.

The Beginning of the Warsh Fed Era
The Warsh Fed likely will not resemble the activist Bernanke-Yellen-Powell central bank of the recent past.

Proxy Advisors Vote “No” on Texas
The problem for the proxy advisory firms is that the corporate march to the Lone Star State won’t end with Exxon.

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