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Kristian Niemietz
20 November 2014
3 comments

In August, BBC News launched an online calculator which enabled people to work out whether their house was earning more than they did. On the basis of the postcode and some basic information about...
Ryan Bourne
18 November 2014
7 comments

‘The rich keep getting richer’. If you’ve been watching Channel 4 over recent weeks, you will likely have been subjected to unsubstantiated claims such as this. Viewers of last week...
Steven Kates
17 November 2014
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In my view, Say’s Law may be the single most important principle in economics. But it is a principle that was deliberately eliminated from within mainstream economic theory by John Maynard...
Ryan Bourne
14 November 2014
2 comments

On Monday, I appeared on Channel 4’s ‘How Rich Are You’ programme to discuss solutions to the ‘problem’ of inequality. As I outlined in the previous blog post, the show...
Ryan Bourne
13 November 2014
6 comments

On Monday I appeared on a (recorded) Channel 4 ‘infotainment’ programme called ‘How Rich Are You?’ The appearance was sold to me as a serious attempt to discuss inequality:...
Philip Booth
12 November 2014
6 comments

It has long been one of my personal gripes that the UK spends a large amount of money on energy market interventions to reduce carbon emissions whilst simultaneously providing domestic consumers with...
Ryan Bourne
11 November 2014
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Important voices are softening up the public for significant tax rises after next year’s election. Last week, the Institute for Fiscal Studies’s Paul Johnson wrote an article ...
Christopher Snowdon
10 November 2014
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Few economic issues are discussed in the media with such gloom and inaccuracy as social mobility. There is a pervasive belief that, as Alan Milburn claims, 'if you're born poor, you die poor...
Kristian Niemietz
7 November 2014
1 comment

When I first heard about Sushi in the early 2000s, like many others, I found the idea of eating raw fish very strange. When a friend urged me to give it a try, I flatly refused. - ‘Why on earth...
Eamonn Butler
6 November 2014
1 comment

It is sad to report the death of Gordon Tullock. He was a friend, likeable and respected as a great economist – even though he had no degree in economics. He came, rather, from a public...
Philip Booth
5 November 2014
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A great deal of IEA work corroborates studies produced by the government in suggesting that we have a huge implicit government debt. We can do the fancy maths to try to quantify this government debt...
Ryan Bourne
4 November 2014
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‘Never let a serious crisis go to waste’, concluded Rahm Emanuel, Barack Obama’s ex-chief of staff. For our political commentators, a more accurate phrase might be ‘never let...
Kristian Niemietz
3 November 2014
1 comment

I always find it bemusing when some protest group seeks to prevent the opening of a supermarket, or a fast food outlet, on the grounds that ‘the local community’ does not want it. If that...
Len Shackleton
30 October 2014
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Despite a remarkable reduction in employment tribunal claims, the system continues to throw up major problems for employers, with potentially disastrous consequences for business. First, the...
Ryan Bourne
29 October 2014
2 comments

Last week’s public-finance statistics were truly dreadful. They showed that despite a year of fairly robust economic growth, UK government borrowing since the start of the financial year 2014...
Ryan Bourne
28 October 2014
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McDonald's has been a major target for US protestors advocating a significant minimum wage hike. A multi-billion dollar company with a recognisable global brand, it has faced a high-profile...
Glynn Brailsford
27 October 2014
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Government borrowing is currently running 10 per cent higher than last year – exemplifying the already parlous state of the UK’s public finances. However, the long-term implications of...
Len Shackleton
24 October 2014
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Earlier this week the Institute for Fiscal Studies published the results of two related research projects evaluating the effects of providing 15 hours a week of ‘free’ childcare to three-...
Peter Ainsworth
23 October 2014
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As the father of four children who graduated in the last few years, I understood and sympathised with their concern about tuition fee debts and the difficulties of finding a rewarding occupation....