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10 April 2013
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There is a myth gaining traction that Margaret Thatcher’s deregulation of the City through the Big Bang in 1986 ultimately led to the crash of 2008. This is part of the reductionist...
9 April 2013
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There are so many popular myths about Lady Thatcher and the IEA it is hard to know where to start in unbundling them all.
So let’s start with Lady T. herself.
Her father Alf Roberts was a...
8 April 2013
5 comments
Last week two new financial regulatory bodies were launched, the Prudential Regulation Authority and the Financial Conduct Authority, to replace the last (failed) one – the Financial Services...
5 April 2013
1 comment
Critics of the NHS often find it frustrating how emotional many otherwise completely reasonable people become when it comes to the health service. True, healthcare is always and everywhere an...
4 April 2013
1 comment
Nigel Lawson once said that the NHS is the closest thing the English have to a religion. Of course, we also have the established church. And, indeed, the established church seems to see the NHS as...
3 April 2013
8 comments
These are frustrating times to be a Guardian journalist. The welfare cuts, which the paper has been fighting so hard, are now taking effect – and the public’s response does not remotely...
2 April 2013
1 comment
Given recent events and the continuing travails of the world economy, widely seen as having their origins in the financial sector and the troubles of the banks in many parts of the world, it is not...
29 March 2013
21 comments
Today marks the fiftieth anniversary of the publication of The Reshaping of British Railways, better known as the Beeching Report. Dr Beeching pointed out that 30 per cent of route miles carried...
28 March 2013
1 comment
In 1996, Guatemala adopted one of the most market-oriented telecom reforms in the world. The benefits to the country followed quickly as coverage expanded, competition surged, and prices plummeted...
26 March 2013
1 comment
Countries often impose extreme “temporary” policies in emergencies. In Britain, emergency rent controls, passed in 1917, were not substantially amended until 1988. In the Second...
26 March 2013
1 comment
The announcement that households with income up to £300,000 will be entitled to financial assistance with childcare under the government’s plans has raised a few eyebrows. But this...
25 March 2013
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In March 2009 an EU directive increased the value of the protection afforded by a deposit guarantee scheme (DGS) to a uniform ceiling of €100,000. Events involving Cyprus have undermined the...
24 March 2013
5 comments
Since 1979, the consumption level of the poorest tenth of British society has increased by about 60 per cent in real terms. Among this group, 24 per cent have a car, 32 per cent own the home they...
22 March 2013
1 comment
When a high-growth economy is compared with the UK’s sluggish performance, apologists often point at the unique characteristics of the former. It is said that it enjoys cheap labour...
21 March 2013
5 comments
At first sight, the 2013 Budget seems to mean good news for prospective homebuyers and working parents. Under the new Help-to-Buy programme, the government will act as a guarantor for mortgages...
20 March 2013
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George Osborne continues to make the same error he made in previous budgets. He is assuming the British economy will return to robust growth from 2014 onwards and that this will deliver the higher...
19 March 2013
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While it may be true that richer nations have a moral obligation to assist those less fortunate than themselves, the extent to which foreign aid does actually help its recipients is questionable....
18 March 2013
2 comments
The chancellor should announce that this will be the last annual budget of its type. Unfortunately, the budget is now used to make announcements that have nothing to do with Treasury...
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