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 They break down how outdated regulations have fractured rail transport and driven up costs across the supply chain.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
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.
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Is Economics a Failure?
Rather than ending with “economics is broken,” Alexander Rosenberg’s deliberately provocative book 'Blunt Instrument' argues that “economics is useful for a different reason than economists often say.” That is a serious and worthwhile thesis.
Locke, Meet Claude
The concern is not regulation per se. It is a regulation that outruns its justification by arriving before the evidence, foreclosing the technology before its benefits are understood, and insulating the powerful from competition that would otherwise discipline them. That is the pattern worth resisting.
