Brightline started train service between Orlando and Miami two years ago. Fast forward to today, and this venture has been unsuccessful. In 2017, the company told Congress it wouldn’t need subsidies.

A recent surge of politically-motivated violence, dramatically underscored by the shocking assassination of Charlie Kirk, has left many Americans wondering just how we got to a point where political activists are increasingly attempting to settle their disagreements, not by offering rational arguments, engaging in civil debates, casting ballots, or enforcing a rule of law; but instead by dishing out insults, canceling opposing speakers, firing bullets, and imposing executive authority in defiance of law. What has gone wrong?

The Institute for the Study of Free Enterprise announces a new workshop for PhD students and early-career faculty. From the workshop announcement:

We are once again hosting a Theory Development Workshop (TDW) here in Stillwater, OK. This year’s workshop will take place on Wednesday, November 12, and will, again, be specifically oriented toward free markets and market processes. And, once again, we wholeheartedly welcome submissions from an Austrian perspective.

According to the leader of the monetarist school, Milton Friedman, the key cause of business cycles are fluctuations in the growth rate of the money supply. Friedman held that in order to eliminate these cycles central bank policymakers should aim at a fixed growth rate of money supply. According to Friedman,

For decades, the Democrats and establishment Republicans have advocated for continuously expanding the role of the federal government, especially the authority of the “experts” in the executive agencies. The bargain suited these congressmen focused on retaining power: they passed vague laws, let agencies interpret them broadly under the White House’s direction, and shifted blame to the administration when public dissatisfaction grew.

President Trump caused a considerable stir in Washington when he fired Commissioner of Labor Statistics Erika McEntarfer back on August 1. The firing came in the wake of a weak jobs report for July, which Trump believes was inaccurate. “We need accurate Jobs Numbers,” he wrote on Truth Social in response to the report.