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Daran Sarma
24 March 2016
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There are a myriad of reasons for merging National Insurance (NI) with income tax in a revenue neutral manner. It is an obvious and a much discussed way to simplifying the tax regime yet no...
Ryan Bourne
23 March 2016
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It's all about fairness, that slippery, subjective term which dominates so much of our political discourse. Following his resignation from the Cabinet on Friday, Iain Duncan Smith spent much of...
Philip Booth
22 March 2016
2 comments

Mariana Mazzucato is a well-known Professor of the Economics of Innovation at the University of Sussex. She advises the Labour Party and can be seen here, close to Dilma Rousseff, after having been...
Philip Booth
21 March 2016
2 comments

I have nothing to say either in support of or in opposition to the resignation of Iain Duncan Smith. There are so many issues tied up in the debate about this decision that it seems perfectly...
Ryan Bourne
18 March 2016
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At our IEA Brexit debate, my opponent and colleague Diego Zuluaga appealed to the authority of Friedrich Hayek’s advocacy of a European economic federation as evidence that the EU should be...
Diego Zuluaga
17 March 2016
12 comments

To conjecture what Hayek’s stance might have been on Britain’s EU referendum and the current state of the European project more generally, it is instructive to consider his biography. The...
Ryan Bourne
16 March 2016
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It's what the great economist Milton Friedman described as “the tyranny of the status quo”. Every Budget week, we hear lots about the so-called “losers” of expected...
Vicky Pryce
15 March 2016
3 comments

Economics teaches us that prisons do not work. Crime costs the UK economy hundreds of millions of pounds every year and prisons have a minimal impact on crime. Prisons do not act as a deterrent to...
David Skarbek
14 March 2016
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With the exception of Vicky Pryce, few economists will ever step foot in prison. Most will never study crime and punishment in any form. Instead, the vast amount of research on the topic is conducted...
Len Shackleton
11 March 2016
3 comments

That grandly Dickensian-sounding outfit, the Office of Tax Simplification, has recommended merging national insurance and income tax. This proposal, first mooted as long ago as 1943, has been...
Kristian Niemietz
10 March 2016
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Imagine we had no land use planning system at all. Landowners and developers could do as they please. Anyone could build whatever they want, wherever they want, on their own land. Suppose that this...
Ryan Bourne
9 March 2016
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On 8 March 2016, the IEA hosted the event ‘Should supporters of free markets support Britain’s continuing membership of the EU?’. The article below is based on Ryan Bourne’s...
Diego Zuluaga
9 March 2016
12 comments

On 8 March 2016, the IEA hosted the event ‘Should supporters of free markets support Britain’s continuing membership of the EU?’. The article below is based on Diego Zuluaga...
Philip Booth
9 March 2016
2 comments

So far, the Brexit debate has hardly been inspiring. The Remain side has struggled to come out with facts that resonate with the public and that are also accurate. The Brexit side is split: some...
Ryan Bourne
7 March 2016
1 comment

The actor Norman Reedus once said that “the dog with the loudest bark is the most afraid”. Last week, George Osborne showed how true this is, offering up warnings of the “profound...
David Campbell
4 March 2016
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The Government has drawn an extremely positive picture of a "historic global climate deal [by which] the whole world has signed up to play its part in halting climate change" in the account...
Kristian Niemietz
3 March 2016
2 comments

Housing costs in the UK – both house prices and rents – are among the highest in the world. Since 1970, average house prices in the UK have gone up four and a half fold after inflation....
Richard Wellings
2 March 2016
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Transport for London spends vast sums increasing the capacity of overcrowded Tube stations. The King’s Cross and Victoria upgrades, for example, will have cost in total approximately £2...
Diego Zuluaga
1 March 2016
5 comments

As the debate on British membership of the European Union gathers steam, the Eurozone is getting a fair amount of bashing from Brexiteers. This is of course to be expected. Monetary union was sold by...
Philip Booth and Diego Zuluaga
29 February 2016
2 comments

The subsidiary principle is a well-established notion in Catholic social teaching. It was also intended to be a core principle of the 1992 Maastricht Treaty. Subsidiarity is commonly taken to mean...