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OpenMarket: Iain Murray

  • Infrastructure Bill’s Non-Serious Nature Is a Serious Problem

    June 30, 2020
    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 in America Act (H.R. 2). While this bill stands no chance of becoming law, it exemplifies several problems with the current approach to lawmaking from the House.
  • Emergencies and the Project Manager’s Dilemma

    June 17, 2020
    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 precautions, to contradictory messaging about the effectiveness of masks, the record of agencies like the CDC and FDA has been distinctly subpar. Americans are entitled to ask why.
  • Delivery Price Caps Threaten New Restaurant Lifeline

    May 4, 2020
    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 charge restaurants for bringing them custom. Seattle and other cities are doing something similar. This is a classic case of an action that seems reasonable but would in fact be disastrous.
  • The Economy after COVID-19 Will Be Different from Before, Part One

    May 1, 2020
    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 economic behavior. Whole sectors of the economy have had their parameters changed. This will also likely mean a change in regulations will be necessary too.
  • Regulation, Not Offshoring, Is Hindering Industry from Ramping up Production

    March 25, 2020
    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 the coronavirus. The real question is: Why can’t we suddenly switch production and churn out millions of masks a day in the face of an unanticipated calamity? The answer to that is not offshoring, but regulation.
  • Liberate to Stimulate 2020: Let’s Start with Trade

    March 5, 2020
    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 administration can go some way toward heading this off with liberalization of trade.
  • Joint Employer Rule Gives Much-Needed Certainty to Franchises

    March 3, 2020
    The National Labor Relations Board finalized a rule last week that will bring much needed relief and certainty to the franchise industry and other industries that follow a certain business model. In 2015, the NLRB unilaterally changed the definition of “joint employer,” a change that opened the franchise business model to liability -- and posed an existential threat to the franchise business model.
  • Best Books of 2019: The Anarchy by William Dalrymple

    December 20, 2019
    How did a joint stock company founded in Elizabethan England come to replace the glorious Mughal Empire of India, ruling that great land for a hundred years? William Dalrymple’s splendid history, The Anarchy, tells that story—and purports to warn us about the perils of corporate power.
  • Competitive Enterprise Institute Opposes USMCA Trade Agreement

    December 12, 2019
    The Competitive Enterprise Institute (CEI) today announced its opposition to the USMCA trade agreement between the United States, Mexico, and Canada because the updated agreement sets dangerous precedents for future policy. 
  • Growth Slows as Tariffs Bite

    July 26, 2019
    Economic growth slowed in the second quarter of 2019, according to the Bureau of Economic Analysis. It remained above 2% thanks to a combination of personal consumption and federal and state government spending. Business investment, however, contracted. This suggests that tariffs are beginning to harm the economy, exactly as free market economics suggested they would.

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