Why Illegal Drug Money Doesn’t Promote Economic Development

Original post date: August 21, 2013 Article by: Sam Staley Sandra Avila Beltran, the woman he reached the pinnacle of the Colombian-Mexican drug cartel as the "Queen of the Pacific," has been extradited back to Mexico. Her tale is a complicated one, and is a fascinating allegory for the travails of the modern drug war. … Continue reading Why Illegal Drug Money Doesn’t Promote Economic Development

Will Elon Musk’s Hyperloop Doom High-Speed Rail?

Original post date: August 15, 2013 Article by: Sam Staley Elon Musk unveiled his pneumatic tube inspired Hyperloop, a “fifth mode” of transportation that he hopes will revolutionize intercity travel on Monday. His “technical paper” sketches out the engineering and technical plausibility of the concept, and the proposal seems surprisingly robust as I point out … Continue reading Will Elon Musk’s Hyperloop Doom High-Speed Rail?