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My new book, The Socialist Temptation, is out today! Get your copy at Amazon or all fine booksellers.
Iain Murray
33.3K posts
Iain Murray
@ismurray
British-American expat, author, political economist of the free market variety. Former classicist. Economic Freedom at @ceidotorg. Commanders and SAFC fan.
- It only takes a couple of people to break a norm and all of a sudden life is less good for everyone else, forever.Apparently this awful security queue for the National Gallery is now permanent. I used to just walk up the steps and in. Just Stop Oil madness means this is just the future we are a living in. Wonders of no longer living in a high trust society.
- Great to see @RandPaul standing up for our constitutional liberties in opposing the awful RESTRICT Act.
- It appears to have been confirmed that an audience member died. An ordinary citizen, participating in the political process by attending a rally of his favored candidate (presumably) has been murdered for it. That’s what an attack on democracy looks like.
- An assertion I hear a lot is that free trade has failed. If you think free trade failed wait till you see what protectionism does.
- Post-liberal theorists: Tariffs will bring back manufacturing. Economists: No they won’t, in aggregate they’ll hurt manufacturing jobs alongside consumers Reality: 78,000 manufacturing jobs lost this year
- This will be a paradoxical election in the UK. The people will vote out a government they despise, in order to put in place a government that will double down on the most despised policies.A Labour govt won't have much money to spend and every social and cultural conservative should brace themselves for a leftist-appeasing barrage of changes on liberty, free speech, 'white privilege', trans, Hospice care/ euthanasia etc
- I think I’m going to start calling this Critical Trade Theory.
- Odd how everything in a poorer country seems so affordable when you take your American salary there. I wonder if anyone's ever studied why that is?Tucker says after visiting a Russian grocery store he is “radicalized against our leaders” because Russians have it so much better than Americans.
00:00Readers added contextOver 60% of Russians spend half of their salary on food, according to Russia's state-owned news agency TASS. tass.com/society/1314425 The average wage in Russia is 73,383 RUB per month (which is $791 with today's exchange rate). tradingeconomics.com/russia/wages - Two policies studied intensely and the almost unanimous conclusion of the research is that they are extremely damaging: 1. High tariffs - policy of the GOP candidate 2. Rent control - policy of the Dem candidate The age of unreason is truly upon us.Scoop: Biden WILL announce plan to cap rents at 5% nationwide, sources say Would strip tax benefit from corporate landlords who dont comply Plan, which likely requires D control of Congress, comes as Biden emphasizes populist econ ideas after debate W/ @rachsieg
- Back when Senators knew their history.Senator Daniel Patrick Moynihan on the danger of high tariffs.
00:00 - "Cheap" is a negative way of saying "affordable." Now, try this: "Access to affordable goods is not the American dream." That's how ludicrous this statement is.Treasury’s Scott Bessent says ‘access to cheap goods’ is not the ‘American dream’ trib.al/qcIzjFU
- He's literally walked the Road to Serfdom.Tucker Carlson: “Feudalism is so much better than what we have now.”
- It’s remarkable how many laws could be improved by simply updating fixed dollar amounts for inflation.Congress could dramatically improve the H-1B program with a simple, one-sentence change that could likely pass in a reconciliation bill. Here’s the case… 1. High-skilled immigration is critical if you want America to win. 2. Our immigration system should be a meritocracy that
