Iain Murray

4 days ago | thedailyeconomy.org | Iain Murray

Some years ago, the singer and activist Bono shocked many of his supporters when he told them, “Aid is just a stopgap…Commerce [and] entrepreneurial capitalism take more people out of poverty than aid. We need Africa to become an economic powerhouse.” Trade is a vital part of that entrepreneurial application of commerce as it connects entrepreneurs to global markets, dramatically increasing their reach and allowing for specialization and economies of scale.

1 week ago | cei.org | Iain Murray

As I write this, we are awaiting the announcement of the US-UK trade deal from the White House, with reaction from UK Prime Minister Sir Keir Starmer.

1 week ago | logandaily.com | Ryan Young |Iain Murray

(The Center Square) — 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. The answers have more to say about politics and human nature than about tariffs’ economic benefits. kAm~?6 @7 E96 A@=:E:42= 2?DH6CD :D 2? @=5 DE@CJ[ 7@F?5 E:>6 2?5 E:>6 282:? :?

1 week ago | perrytribune.com | Ryan Young |Iain Murray

(The Center Square) — 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. The answers have more to say about politics and human nature than about tariffs’ economic benefits. One of the political answers is an old story, found time and time again in politics. Government gives out blatant favors to a favored few and ignores costs dispersed among the many. Economists call this concentrated benefits and diffused costs.

1 month ago | cei.org | Iain Murray

Amidst the ongoing tariff drama, Vice President J.D. Vance said this week that the United States and the United Kingdom could strike a trade deal. But CEI’s Iain Murray points to some barriers in the way:“A US-UK trade deal has the potential to set the new model for what President Trump wants from a trade deal. The two countries have a lot to offer each other, and a deal should lower trade barriers on both sides.