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Issue Areas

The Daily Economy

The Founders Would Be Appalled by Trump’s Tariff Policy—Even Hamilton

  • By: Iain Murray
  • 08/14/2025

President Trump has, it is clear, upended the global trading system and America’s place in it through his aggressive use of tariffs as a tool…

Business and Government

The Daily Economy

The Founders Would Be Appalled by Trump’s Tariff Policy—Even Hamilton

  • By: Iain Murray
  • 08/14/2025

President Trump has, it is clear, upended the global trading system and America’s place in it through his aggressive use of tariffs as a tool…

Trade and International

The Daily Economy

The Resurgence of Do It Yourself Economics

  • By: Iain Murray
  • 06/12/2025

To listen to some people, you’d think that America had been run by economists — and specifically free-market economists — for the last fifty years…

Business and Government

WSJ Opinion

A Day of Defiance—and Donuts

  • By: Iain Murray, Sam Kazman
  • 06/05/2025

It’s time to double down on National Donut Day. As Secretary of Health and Human Services Robert F. Kennedy Jr. begins pushing his Make America Healthy Again…

Business and Government

Center Square Opinion

Why do so many countries have tariffs?

  • By: Iain Murray, Ryan Young
  • 05/05/2025

If tariffs are so bad, then why does nearly every country have them? It’s a fair question, and many Trump tariff defenders are asking it.

Business and Government

The Hill

Canada should call Trump’s bluff and drop all of its tariffs

  • By: Iain Murray
  • 03/20/2025

We now appear to be in a full-fledged trade war with our closest ally and neighbor.   Canada — so deeply integrated into…

Trade and International

The Economic Standard

The CFPB drops its misguided case against Zelle

  • By: Iain Murray
  • 03/10/2025

Seemingly as part of the general order to stop work by acting director Russ Vought, the Consumer Financial Protection Bureau (CFPB) has …

Business and Government

DC Journal

Point: Let Free Trade Work Its Magic

  • By: Iain Murray
  • 03/06/2025

Tariff advocates have three main arguments. One, they raise revenue. Two, they revive domestic industries. And three, they are a diplomatic negotiating tool. Not only do…

Trade and International

The Daily Economy

DOGE Gets Serious in Its War on the Administrative State

  • By: Iain Murray
  • 03/03/2025

I have argued for over a decade that America has a fourth, largely unaccountable branch of government in the administrative state. My 2012 book, Stealing…

Business and Government

National Review

The Federal Reserve’s New Debit Card Rule Threatens Consumers and Banks

  • By: Iain Murray, Patricia Patnode
  • 01/28/2025

While some lawmakers and regulators are targeting credit cards, the Federal Reserve has plans for your debit card. The likely result will be…

Banking and Finance

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

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

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 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

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

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,…

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

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

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

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

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

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

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

National Review

U.K. Laws Are Harming American Companies — U.S. Authorities Pleased

  • By: Iain Murray
  • 04/26/2023

America has made it almost 250 years independent of its colonial master, Great Britain. Now, in one area at least, you might as well tear…

Antitrust

National Review

The Free-Market Case Needs More Than Just Morality

  • By: Iain Murray
  • 04/25/2023

George Leef and Mike Munger are right (of course) that we need to make the moral case for capitalism. Yet I would…

Capitalism

Inside Sources

East Palestine Derailment Reveals a Lot of What Is Wrong With Our Politics

  • By: Iain Murray
  • 03/16/2023

The derailment of a Norfolk Southern train carrying hazardous material in East Palestine, Ohio, is a social and environmental disaster that can potentially ruin lives…

Transportation

Boston Herald

Murray: College credential snare should be bipartisan issue

  • By: Iain Murray
  • 02/06/2023

Pennsylvania Gov. Josh Shapiro, a Democrat, did all Pennsylvanians a favor in January by making 92% of state government jobs open to anyone without a…

Labor and Employment

National Review

Southwest’s Debacle Should Cost It Dearly

  • By: Iain Murray
  • 12/29/2022

It is by now clear that the airline chaos of the past week, which started during the punishing winter storm shortly before Christmas, is largely…

Transportation

National Review

Antitrust’s Cloudy Crystal Ball

  • By: Iain Murray, Jessica Melugin
  • 12/05/2022

Even in the wake of Meta’s biggest mass layoff ever and a $71 billion loss this year, antitrust regulators around the world are peering into crystal…

Eye on FTC

American Liberty

What the FTX Collapse Tells Us About Regulators and ESG

  • By: Iain Murray
  • 11/18/2022

First, regulators often can’t stop investors from fraud. Second, companies that work closely with regulators often do so for their own benefit. Third, and perhaps…

Tech and Telecom

The Hayride

Prepare To Pay More For, And Get Less From, Your Credit Cards

  • By: Iain Murray
  • 09/30/2022

Seven in 10 Americans have credit cards these days, and a third have three or more. Many of those cards are co-branded with an airline…

Banking and Finance

The Hill

Isolating China through decoupling would be a mistake

  • By: Iain Murray, Kent Lassman
  • 07/25/2022

What should be the goal of America’s trade policy with China? The simple answer would be mutually beneficial exchange of goods, services and payments. However,…

Deregulation

National Review

U.K. Regulator Deservedly Loses Case against Meta

  • By: Iain Murray, Jessica Melugin
  • 07/11/2022

The recent announcement of the final verdict in the U.K.’s case to block Meta’s acquisition of GIF library Giphy is a partial victory for…

Antitrust

Fox News

Supreme Court ruling limits EPA power, returns it to Congress where it belongs

  • By: Iain Murray
  • 06/30/2022

For some time, the Environmental Protection Agency has wanted to destroy the American coal industry and has issued regulations with that end in mind. Today,…

Energy and Environment

City AM

Before giving the CMA more teeth, we should look at its Meta shaped bite marks

  • By: Iain Murray
  • 06/16/2022

The Competition and Markets Authority (CMA) has been flexing its muscles like a growing schoolboy recently. On Tuesday, it finally got a well-deserved admonishment from…

Innovation

Issues & Insights

Militarizing The Baby Formula Crisis Is Infantile

  • By: Iain Murray, Michelle Minton
  • 05/27/2022

A military cargo plane lands filled with vitally needed baby formula to be greeted by a top government official. A relief flight to…

Deregulation

National Review

Free Enterprise Is the Basis of Prosperity

  • By: Iain Murray
  • 05/16/2022

Free enterprise is under attack from across the political spectrum. Socialists and their allies regard it a source of corruption and as antithetical to democracy. Some…

Capitalism

Action Institute

Do Libertarians Have a Political Home Anymore?

  • By: Iain Murray
  • 04/25/2022

For many years, libertarians and economic conservatives lived in harmony. The philosophy of fusionism said that the conservative party, when it governed, would seek to…

Media, Speech and Internet Freedoms

Law & Liberty

Dismantling the Regulatory State

  • By: Iain Murray
  • 03/30/2022

Samuel Gregg’s lead article adroitly sketches the opportunities and obstacles to America building a broad-based economy, but I want to focus on one particular…

Regulatory Reform

Inside Sources

The America COMPETES Act Seeks to Counter China by Imitating It

  • By: Iain Murray
  • 02/06/2022

Public approval of Congress stands at 18 percent. If you wonder why, just look at the America COMPETES Act, which passed the House of Representatives…

Trade and International

The Dispatch

Classical Liberals Aren’t Naive About Big Business

  • By: Iain Murray
  • 12/28/2021

Big business has become a point of friction between conservatives and classical liberals, especially social media and other internet companies that fall under the heading…

Antitrust

Real Clear Policy

DOJ’s Antitrust Case Against Publishers is an Overreach

  • By: Iain Murray
  • 11/24/2021

The U.S. Department of Justice’s (DOJ) antitrust suit to stop the merger of publishers Penguin Random House and Simon & Schuster has not gained as…

Antitrust

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