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The Daily Economy

Debunking the Three Best Arguments for Tariffs

  • By: Iain Murray
  • 01/07/2025

With President Trump’s return to office after the Biden interregnum, we can be sure of one thing: tariffs are going to be a major part…

Business and Government

Blog

CFPB Unfairly Targets Zelle

  • By: Iain Murray
  • 12/24/2024

As part of a last-gasp effort by the Biden administration to punish legal businesses it disapproves of, the Consumer Financial Protection Bureau has sued…

Banking and Finance

The Daily Economy

The Debanking Craze Reveals Everything Wrong with the Administrative State

  • By: Iain Murray
  • 12/05/2024

After an appearance by financier Marc Andreessen on the Joe Rogan Podcast, Elon Musk’s X exploded with indignation that tech entrepreneurs were being debanked owing to…

Business and Government

Blog

CEI has warned about debanking for 20+ Years – We were right

  • By: Iain Murray
  • 12/02/2024

Over the last week, millions of Americans were exposed to the idea that their government has been encouraging banks to withdraw financial services from American…

Banking and Finance

Law and Liberty

Milton Friedman’s Revenge

  • By: Iain Murray
  • 12/02/2024

It’s rapidly becoming the received wisdom that an important reason President Trump won the 2024 election was because inflation matters. Too many hard-working…

Business and Government

The Daily Economy

Why Fewer Are Trying to Climb the Corporate Ladder

  • By: Iain Murray
  • 11/15/2024

Someone once told me that my career fitted the dictionary definition of the word – a headlong rush, usually downhill. For most people, however, the…

Labor and Employment

The Daily Economy

The Bipartisan War on Credit Hurts the Poor

  • By: Iain Murray
  • 10/17/2024

Donald Trump is taking aim at the credit card industry. “While working Americans catch up, we’re going to put a temporary cap on credit card…

Financial Regulation

The-A-Word

People can be authoritarian about anything. That includes liberals and freelance busting. This Q&A with Luke Conway explains why.

  • By: Iain Murray
  • 09/12/2024

The-A-Word cited CEI’s expert on the rise of authoritarianism I was thinking about all this when Iain Murray of the Competitive Enterprise Institute, a libertarian…

Capitalism

The American Institute for Economic Research

Did the Bank of England Set Britain on the Road to Ruin? 

  • By: Iain Murray
  • 08/30/2024

“The Old Lady of Threadneedle Street” is the affectionate nickname of the Bank of England, as respected an institution as Britain ever had. Calling something…

Banking and Finance

Acton Institute

Invisible Logic: Boy, Do I Have a Conspiracy Theory for You

  • By: Iain Murray
  • 08/28/2024

At page 99 of their substance-free investigation into the effects of the doctrine they call “neoliberalism,” George Monbiot and Peter Hutchison start talking about “conspiracy…

Capitalism

RealClear Markets

Global Regulators Want To Hamstring AI Innovation

  • By: Iain Murray
  • 08/22/2024

RealClear Markets cited CEI on technological innovation Like many efforts at economic planning, subverting market forces — the forces that drive creative destruction — driving…

Tech and Telecom

National Review

AI Could Make the Google Court Decision Moot

  • By: Iain Murray
  • 08/05/2024

In a decision by the District Court of the U.S. District of Columbia, Google has been found guilty of monopolizing its leadership in…

Antitrust

National Review

AI Could Make the Google Court Decision Moot

  • By: Iain Murray
  • 08/05/2024

In a decision by the District Court of the U.S. District of Columbia, Google has been found guilty of monopolizing its leadership in…

Tech and Telecom

Op-Eds

Tariffs Don’t Protect Jobs

  • By: Iain Murray, Narupat Rattanakit
  • 07/25/2024

Many Americans, including it seems the presidential and vice presidential nominees of the Republican Party,  worry that trade costs jobs. This helps to explain why…

Business and Government

Capitol Matters

East Palestine Report: Congress Should Rethink Its Reaction

  • By: Iain Murray
  • 07/22/2024

In almost a decade working for the British Department for Transport, no officials impressed me as much as the accident investigators. They were dedicated experts who…

Transportation

News Release

Supreme Court Ends Chevron Doctrine that Favored Regulatory Agencies in Court 

  • Clyde Wayne Crews, Daren Bakst, Devin Watkins, Iain Murray, Stone Washington
  • 06/28/2024

The U.S. Supreme Court today overruled itself on a longstanding, controversial doctrine that gave regulatory agencies an unfair advantage in court – the so-called “Chevron…

Law and Litigation

The Hill

Biden clings to Trump’s trade policy, preventing the US from overtaking China

  • By: Iain Murray, Narupat Rattanakit
  • 06/24/2024

The U.S. has retreated from global trade leadership. China has taken its place as the foremost player in international trade.   As…

Trade and International

National Review

A respectable pro-trade proclamation would talk about market access, tariff reduction, and liberalized markets.


  • By: Iain Murray, Narupat Rattanakit
  • 05/31/2024

The White House proclaimed that May 19–25 is “World Trade Week.” Ironically, the administration’s announcement does not focus on trade, but rather on currying favor with labor unions,…

Study

Adam Smith’s guide to life, loveliness, and the modern economy

  • By: Christopher Culp, Fred L. Smith, Jr., Iain Murray, Jeremy Lott, John Berlau, Kent Lassman, Ryan Young, Stone Washington
  • 05/22/2024

Introduction: Going strong at 300 Ryan Young This essay collection celebrates Adam Smith’s 300th birthday. He is best known for being the first modern economist,…

Human Achievement Hour

Daily Caller

Supreme Court Slaps Down Challenge That Could Have Gutted Financial Regulatory Agency

  • By: Iain Murray
  • 05/16/2024

CEI’s Iain Murray was cited in Daily Caller on the recent Supreme Court CFPB ruling: Iain Murray, the director of the Competitive Enterprise Institute’s …

Law and Litigation

News Release

Supreme Court Disappoints on Funding/Powers Question in Ruling in CFPB Case

  • Iain Murray, John Berlau
  • 05/16/2024

The Supreme Court today issued a disappointing ruling in CFPB v. Community Financial Services Association of America, a lawsuit challenging the unchecked funding of…

Banking and Finance

Issues & Insights

Want Higher Air Fares? Overregulate Credit Cards

  • By: Iain Murray
  • 05/10/2024

Yesterday, the Consumer Financial Protection Bureau and the Department of Transportation held a joint hearing “investigating” airline and credit card reward programs. The Director and Secretary of…

Transportation

Money

How Much Are Airline Rewards Really Worth? Biden Admin Probes Credit Card Programs

  • By: Iain Murray
  • 05/09/2024

CEI’s Iain Murray’s blog posting was cited in Money about vacation miles: Iain Murray, vice president for strategy at the Competitive Enterprise Institute, wrote in…

Banking and Finance

Blog

Want higher air fares? Overregulate credit cards

  • By: Iain Murray
  • 05/09/2024

This morning, the Consumer Financial Protection Bureau and the Department of Transportation are holding a joint hearing “investigating” airline and credit card reward programs.

Business and Government

National Review

Administrative State Hits Warp Speed

  • By: Iain Murray
  • 04/26/2024

As my colleague Ryan Young noted on X, this week’s Federal Register is a bumper edition of new rules and regulations, almost triple the normal…

Deregulation

Blog

New UK report recommends ‘rules about rules’ for regulation

  • By: Iain Murray
  • 04/23/2024

In a new report, the Center for Policy Studies in the UK surveys that nation’s regulatory landscape – and doesn’t like what it sees.

Business and Government

Blog

More credit card competition? Not really

  • By: Iain Murray
  • 04/02/2024

Sen. Dick Durbin (D-IL) is worried about a lack of competition in payment card networks, so he’s planning to force the issue. His Credit…

Business and Government

Blog

What ails the working class?

  • By: Iain Murray
  • 02/26/2024

Late last month I was privileged to be asked to speak at a Heritage Foundation event on the subject of the continuing travails of…

Labor and Employment

Blog

I’ve got your ‘common good’ right here

  • By: Iain Murray
  • 02/23/2024

As a classical liberal, I believe in the value of free markets and individual liberty, but as a Freedom Conservative, I also feel that…

Deregulation

Marketplace Public Radio

The Economic Issues Expected to Come Up at CPAC 2024

  • By: Iain Murray
  • 02/19/2024

CEI’s Iain Murray was cited in Marketplace Public Radio concerning tariffs: “One of the things that I think we’ll see is actually an end to…

Trade and International

Forbes

Convincing Voters That Less Choice Means Stronger Democracy Isn’t Easy

  • By: Iain Murray
  • 02/08/2024

CEI’s Iain Murray is cited on Forbes on the Department of Labor’s new rule: In a January 26 column on the Department of Labor’s…

Labor and Employment

The Hill

East Palestine anniversary calls for careful attention, not rushed legislation

  • By: Iain Murray
  • 02/04/2024

One year ago today, there was a terrible rail accident in East Palestine, Ohio that shocked the nation. Thousands of gallons of hazardous materials were…

Rail and Mass Transit

Letters

Coalition Letter on DCA Perimeter Rule

  • By: Iain Murray
  • 01/29/2024

Dear Chairwoman Cantwell and Ranking Member Cruz: We write to inform you that we support expanding the number of flights permitted in and out of…

Transportation

The Center Square

Op-Ed: Labor Department stuck in 1930s with rule against independent contractors

  • By: Iain Murray
  • 01/23/2024

The Department of Labor is stuck in the 1930s. That’s the most likely explanation for its new rule that could lead to thousands of freelancers…

Labor and Employment

Letters

NTU Coalition Letter on Important Needed Tax Reforms

  • By: Iain Murray
  • 01/08/2024

Dear Majority Leader Schumer, Speaker Johnson, Minority Leader McConnell and Minority Leader Jeffries, On behalf of the undersigned organizations who represent the interests of taxpayers,…

Regulatory Reform

The Center Square

New Mexico governor seeks to create ‘strategic’ brackish water reservoir

  • By: Iain Murray
  • 12/05/2023

CEI’s Iain Murray is cited in The Center Square regarding strategic water resevoirs: “It is good to see Governor Lujan has realized the value of…

Energy and Environment

DC Journal

Senate Credit Card Bills Will Cost Working Class Consumers

  • By: Iain Murray
  • 11/03/2023

Senators from both sides of the aisle claim they are taking on big banks to help the working class by regulating credit cards. Sen. Josh…

Banking and Finance

Blog

What we’re not seeing here: Why policy debates need Bastiat

  • By: Iain Murray
  • 10/27/2023

I was honored to give a presentation this week to the George Mason University Economics Society. The title of my presentation was “Unseen Consequences: Frederic…

Capitalism and Free Enterprise

Blog

The way the Consumer Financial Protection Bureau is funded is unconstitutional

  • By: Iain Murray
  • 10/03/2023

Today the Supreme Court hears oral arguments in the case CFPB v. Community Financial Services Association. The appellee correctly complains that…

Law and Litigation

Blog

Wall Street Journal agrees with CEI, opposes Railway Safety Act

  • By: Iain Murray
  • 09/22/2023

In an editorial today, the Wall Street Journal joined with many other voices, including Bloomberg, National Review, and a coalition led…

Rail and Mass Transit

News Release

Leftwing conspiracy theories about 1971 “Powell memo” debunked in new CEI report

  • Iain Murray, Richard Morrison
  • 09/06/2023

A new Competitive Enterprise Institute report debunks a leftwing conspiracy theory that free market interests seek a “corporate domination of America” (as Greenpeace put…

Capitalism and Free Enterprise

Study

Threats Then and Threats Now

  • By: Iain Murray, Richard Morrison
  • 09/06/2023

Executive summary In 1971 Lewis Powell, a prominent Republican lawyer who would go on to serve on the Supreme Court, wrote a memo warning about…

Capitalism and Free Enterprise

National Review

How to Help Discouraged Working-Age Men

  • By: Iain Murray, Samuel Peterson
  • 08/21/2023

More blue-collar American men aged 25–54 than ever are no longer employed and seeking work. That sad trend started in the late 1960s, coinciding…

Labor and Employment

Law and Liberty

The Moral Foundations of Freedom Conservatism

  • By: Iain Murray
  • 08/21/2023

The Freedom Conservatism Statement of Principles, which several of us launched in July, is a simple restatement of the principles that have…

Capitalism and Free Enterprise

DC Journal

Railway Safety Act Will Drive Up Prices Without Adding Safety, Critics Say

  • By: Iain Murray
  • 08/15/2023

DC Journal cites CEI’s Iain Murry on the Railway Safety Act: Competitive Enterprise Institute’s vice president for strategy and senior fellow, Iain Murray, agreed, arguing…

Transportation

Blog

Congress should vote no on the Railway Safety Act, says coalition

  • By: Iain Murray
  • 07/13/2023

The Competitive Enterprise Institute and the Rio Grande Foundation today sent a coalition letter to Congress expressing serious concerns with the Senate’s Railway Safety…

Rail and Mass Transit

National Review

Protectionism without Sugarcoating

  • By: Iain Murray
  • 06/21/2023

National Review cites CEI’s Iain Murray about protectionism: Iain Murray of the Competitive Enterprise Institute describes the U.S. sugar quotas as the “platonic form of…

Food and Beverage Regulation

Blog

Here comes state capitalism. There go our liberties.

  • By: Iain Murray
  • 06/16/2023

CEI’s own Wayne Crews told the Washington Examiner recently, “Everything from local tap water to space commercialization is being turned into a government project.”…

Capitalism and Free Enterprise

Blog

Adam Smith’s ‘tolerable administration’ vs. America’s increasingly intolerable one

  • By: Iain Murray
  • 06/14/2023

2023 is the 300th anniversary of Adam Smith’s birth. This post is part of a series highlighting aspects of Smith’s thought that continue to influence…

Business and Government

National Review

Global Britain Is Closed for Business

  • By: Iain Murray
  • 06/06/2023

One of the supposed benefits of Brexit was that Britain would once again become “Global Britain,” able to adjust its regulatory approaches to one more…

Business and Government

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