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Mark Littlewood
5 September 2013
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Ronald Coase, who has died aged 102, won the Nobel prize for economic sciences in 1991 for his work in discovering and clarifying the importance of transaction costs in the functioning of the economy...
Stephen Michael MacLean
4 September 2013
4 comments

The Institute for Public Policy Research (IPPR) is obviously no student of Aquinas in matters of politics. ‘Man is not ordained to the body politic, according to all that he is and has,’...
John Burton
3 September 2013
6 comments

The recent IEA evaluation of the High Speed 2 project has presaged much further criticism of this serious misadventure. A former Transport Secretary/Chancellor, Alistair Darling, has described the...
Philip Booth
2 September 2013
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  Earlier this month, the OECD published some research on all-round education excellence. Specifically, this is the proportion of people who excel in all three of reading, maths and science. The...
Philip Booth
30 August 2013
1 comment

  If Catholic campaigners, charities and politicians were to read the signs of the times in Britain before coming up with their continual stream of commentary on welfare, what would those signs...
Kristian Niemietz
29 August 2013
1 comment

  The economic debate about airport expansion has become a proxy war, fought by both sides with proxy arguments. When somebody tells you that they are for/against airport expansion because of X...
Charles B. Blankart
28 August 2013
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Germany’s elections are just around the corner. But if Chancellor Merkel gets her way, there will not be much to vote on. Voters may be given a choice on issues like nursery places, but not on...
Christopher Snowdon
24 August 2013
4 comments

  Jamie Whyte’s superb new book Quack Policy, published by the IEA last week, has provoked some controversy on Twitter. The publication cast a sceptical eye over recent examples of...
Philip Booth
23 August 2013
2 comments

Once again, a major mis-selling scandal has broken out, with 13 high street banks and credit card issuers facing a £1.3bn redress bill for mis-sold card protection policies. No amount of...
Christopher Snowdon
22 August 2013
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A register of lobbyists would be an expensive bureaucratic folly that would serve no useful purpose. There may be a perception that lobbying in Britain is of scandalous proportions, but that does not...
Kristian Niemietz
21 August 2013
1 comment

Monday saw the release of a report by the Child Poverty Action Group (CPAG) showing what many already expected. In recent years, child-related expenses have risen considerably, with the cost of...
Steve Davies
20 August 2013
4 comments

There are some ideas that keep on coming back, even though they are foolish and have always had bad results whenever they are tried. Rent control is one of these. Whenever it has been tried it has...
Richard Wellings
19 August 2013
3 comments

In a 1965 book, The Logic of Collective Action, the American economist Mancur Olson explores the impact of special interest groups on the political process. Olson’s hypotheses are derived from...
Philip Booth
16 August 2013
12 comments

On becoming governor of the Bank of England, Mark Carney made some statements about women which were somewhat intriguing. He argued that: ‘It is anomalous, it’s striking. What we have to...
Kristian Niemietz
14 August 2013
22 comments

  Suppose a time-traveller from today could go back to the 1960s. His status as ‘the man who knows the future’ quickly earns him enormous political influence, which, being a right-on...
G. R. Steele and John Whittaker
13 August 2013
1 comment

Although macroeconomic policy has become largely confined to monetary-policy initiatives - that is, meddling with interest rates - the Keynesian propensity of central bankers and finance ministers...
Kristian Niemietz
12 August 2013
6 comments

The UK now has one of the fastest-growing populations in Europe, according to a new report by the Office for National Statistics. In just one year, the population grew by over 400,000 people (to a...
Philip Booth
8 August 2013
3 comments

Yesterday morning, in response to Mark Carney’s decision to issue forward guidance in relation to the Bank of England’s monetary policy decisions, I released a quotation to the press:...
Anthony J. Evans
7 August 2013
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I don’t view today’s announcement by the Bank of England as being a major change in monetary policy. The inflation target of 2% remains in place and the tools with which the Monetary...
Tom Miers
6 August 2013
1 comment

  The European Union’s Financial Transactions Tax (FTT) has been hounded by misfortune from the outset. Mooted as a way of making the bankers pay back some of the bailout money they...