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Elon Musk’s Purchase of Twitter Stock Is an Important Reminder of How Capitalism Works
The tech world was shaken by the recent news that Elon Musk, the world’s richest man, had bought up nearly one of every 10…
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Deregulation is Key to Building a Broad-Based Economy
Critics of free market economic policy often point to declines in manufacturing employment or, worse, to the “hollowing-out” of the American middle class as evidence…
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Reciprocal Switching Is a Bad Idea at a Bad Time
The Surface Transportation Board has resurrected a bad idea it considered in 2012 and 2016—mandated reciprocal switching for freight railroads. For background, you can’t do…
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Britain’s Competition and Markets Authority Is Becoming a Global Problem
When British supporters of Brexit talked of “global Britain,” they probably didn’t have in mind British bureaucrats dictating to the world how businesses should be…
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Happy Constitution Day!
When I was a civil servant in the United Kingdom, I had a friend who worked at the Ministry of Defence. Part of his duties…
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UK’s Attempt to Block a Merger Between American Firms Could Cripple Innovation
As I explain in both an op-ed and regulatory comments submitted yesterday, the United Kingdom’s Competition and Markets Authority (CMA), the UK’s version…
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The Bipartisan Infrastructure Bill Shows Much of What’s Wrong with Congress
Although it now looks unlikely, Senate Majority Leader Chuck Schumer (D_NY) wants the Infrastructure Investments and Jobs Act, popularly known as the bipartisan infrastructure bill,…
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What Do We Want from Our Platforms?
Two recently introduced House bills seek to restructure antitrust law, supposedly to tackle purported abuses by “big tech” firms. They aim to change how the…
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Is the Biden Administration Socialist?
One of the points I make in The Socialist Temptation is that today’s “democratic socialists” don’t really know what they mean by socialism. Nor…
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Secretary Pete Scores an Own Goal
It should have been an open goal. Everyone agrees that the nation’s highways need more funding. Everyone agrees that the gas tax has passed its…
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Debate over Vaccination Passports Gathers Steam in Europe and United Kingdom
The concept of a “vaccination passport” was raised in the European Union (EU) early in the pandemic. EU documents show a timetable for discussion of…
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Adam Smith Slavery Controversy Can be Settled by his Writings
According to Britain’s Daily Telegraph, the grave of Adam Smith in his home city of Edinburgh has been included in a citywide review as…
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UK Court Ruling on Uber will Mean Fewer, More Expensive Rides, and Fewer Jobs
Today, the Supreme Court of the United Kingdom ruled on an important question as to whether certain drivers who work with Uber are entitled to…
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The New CFPB Leadership Should Avoid Rate Caps on Small Dollar Loans
With new leadership at the Consumer Financial Protection Bureau (CFPB), there is rising concern that there will be renewed attempts to cap effective interest rates…
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The Danger in Blurring the Private and Public Boundaries with Government Regulation
The recent decisions of many technology companies to remove users and customers from their platforms have deeply divided Americans. Many Americans feel censored and discriminated…
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Amazon’s Private Labels Don’t Threaten Competition
A recent Wall Street Journal article raises concerns about Amazon’s generics offerings and the online retailer’s business practices surrounding diaper sales. In evaluating…
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Some Frequently Asked Questions about Socialism
During my virtual “tour” for the release of my book, The Socialist Temptation, certain questions came up regularly. I have already set out my…
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Forty Years of Freedom: Rail Deregulation Worked
Forty years ago today, President Carter signed the Staggers Act, which deregulated the American freight rail industry. As CEI has long maintained, this…
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Court-Packing Isn’t the Left’s Only Threat to the Supreme Court
The Left’s threat to the pack the Court by expanding the number of justices seems to be unpopular. But they have proposed other policies that…
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All Levels of Government Need a Top-to-Bottom Review of Transportation Policy
Evidence is mounting that mass transit played a major role in spreading COVID-19. According to analytics firm TrendMacro, the only factor “that seems to make…
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Are Scandinavian Countries Socialist?
Are modern Scandinavian countries actually socialist? This question must be asked because it is a common rhetorical device of “democratic socialist” politicians to wave away…
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The Socialist Temptation: Why Don’t People Remember the Horrors of Socialism?
Why are people still attracted to socialism when its history is plain for all to see? One reason is that those who proclaimed the dawn…
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The Socialist Temptation: Socialism and American Values
The way to reach people is by making sure a policy accorded with their values. In his new book, The Socialist Temptation, Iain Murray argues…
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America’s Cultural Revolution
In his forthcoming book, The Socialist Temptation, Iain Murray talks about how socialism in China produced the Cultural Revolution. The text of the book was…
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Infrastructure Bill’s Non-Serious Nature Is a Serious Problem
America’s current surface transportation authorization, the FAST Act, expires at the end of September. Rather than reauthorizing it, however, House Democrats have introduced the INVEST…
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Emergencies and the Project Manager’s Dilemma
Government agencies’ initial responses to the COVID-19 crisis were notable for one particular characteristic: incompetence. From basic errors in data collection, through failed lab safety…
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Delivery Price Caps Threaten New Restaurant Lifeline
Tomorrow, the Washington, D.C. City Council votes on a bill that seeks to impose a price cap on the commission a third-party delivery platform can…
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The Economy after COVID-19 Will Be Different from Before, Part One
As governors begin to lift restrictions on economic activity, polling data show that Americans are generally still afraid of the virus and have changed their…
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Regulation, Not Offshoring, Is Hindering Industry from Ramping up Production
In his latest Bloomberg column, Noah Smith argues that offshoring production led to the current shortage of medical masks and equipment in the face of…
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Liberate to Stimulate 2020: Let’s Start with Trade
The past two weeks have seen a volatile market owing to concerns over coronavirus, which suggests an economic downturn could be on the cards. The…