Michael Toth | A Coast-to-Coast Railroad for America
Steve welcomes Michael Toth, Director of Research at the Civitas Institute at the University of Texas at Austin, to discuss why America needs a modern transcontinental railroad. They break down how outdated regulations have fractured rail transport and driven up costs across the supply chain. Toth explains how a proposed coast-to-coast rail merger could reduce bottlenecks, improve efficiency, and lower prices, if Washington gets out of the way and lets the free market work.
Economic Dynamism
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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.
