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 Wine and Commerce Symposium
The Western tradition’s great thinkers have long recognized wine as a symbol for the beguilement of reason. But if wine warps reason, they recognized how it can also enable reliable reason in our analysis of regimes.
.jpg)
.jpg)
.jpg)
Social Mobility Wins
When people live within an environment offering good jobs, good education, social networks, and a culture of self-improvement and hard work, they experience progress in a way that undercuts the philosophical rationale that socialists need to justify the policies they advocate.
Kevin Warsh and the Future of Fed Communication
Warsh is right that the Federal Reserve should not speak so loudly that it hears only its own echo.
