Author: Virginia Washington
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The Fragile Foundations of the AI Economy
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In the 1840s, Britain experienced one of the largest investment booms in modern economic history. Suddenly, an emerging, epochally transformative technology emerged, promising faster transport, lower costs, and national market integration. Railway mania was born, and capital poured in. At its peak, railway investment reached roughly seven percent of British…
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Inside Trump’s Ukraine Gambit
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In the last few months, President Trump has gone from labeling Ukrainian President Zelensky a “dictator,” to shouting at him in front of an open forum in the Oval Office, to pausing all U.S. military assistance to Ukraine, to granting Golden Visas to Russian Oligarchs. Commentators have offered convoluted theories…
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How Political Retaliation Led to the Waste of $50 Billion in Taxpayer Funds
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In 2021, President Biden signed the Infrastructure Investment and Jobs Act (IIJA), a $1.2 trillion initiative aimed at overhauling the nation’s infrastructure. The bill was historic not just in scale but for its inclusion of a climate change mandate. This mandate demonstrates Biden’s commitment to environmental sustainability. The bipartisan legislation…