The New Wild West: Texas Experiments With Raw Capitalism

ow more than ever, the global economy runs through Texas. The boom is happening down at the state’s southern tip, where SpaceX launches rockets from a beach just miles from the Mexico border. It’s in full swing in the east, where ports in Houston and elsewhere are shipping a record amount of oil and natural gas to the world. There’s a gold rush in the north, too, as Dallas transforms a banking backwater into a bona fide financial hub, and in the west, where tech companies are building their biggest artificial-intelligence data centers yet. Read Full Article »