California Gov. Gavin Newsom has a lot to say about the environment and also about government-funded high-speed rail in his state. As usual, he leaves out a lot of important context. In the third and final part of our look at Shawn Ryan’s marathon mid-July podcast with Newsom, we share what Newsom won’t. In the...
The Carrington Event literally shocked telegraph operators. A repeat could shock an entire civilization into the pre-industrial age. Imagine being a telegraph operator in September 1859. You’re sitting at your station, using cutting-edge technology to tap out messages hundreds and thousands of miles away. Suddenly, brilliant auroras light up the night sky from the tropics...
The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....