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David Starkie
13 March 2015
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Government spending on infrastructure is a subject on which Keynesians and Neoclassicists tend to agree. The former are interested in the short-term stimulus effect, while the latter see it as a way...
Kristian Niemietz
12 March 2015
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Economists are a notoriously quarrelsome bunch, who disagree on almost everything. Ask three economists, and you’ll get four opinions. The reason is that in economics, empirical literature is...
Eamonn Butler
11 March 2015
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Policy people from across the political spectrum, and from public and private sectors, are mourning the death of Matthew Young, former Press Secretary to two Labour Prime Ministers, project leader...
Ryan Bourne
11 March 2015
1 comment

We should have called 2010 ‘The Phoney Election’. Right up until polling day, our wannabe political leaders were debating the desirability of £6 billion worth of ‘efficiency...
Ryan Bourne
10 March 2015
1 comment

The battle for the soul of the Conservative party post-election has already begun. This week, commentator and conservative activist Tim Montgomerie will officially launch his new agenda –...
David S. D'Amato
9 March 2015
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Earlier this month American Banker’s Mayra Rodríguez Valladares reported on what she regarded as “a bleak winter for financial reformers in the United States.” Hopeful for...
David Henderson
6 March 2015
1 comment

In two previous posts, I criticised a number of recent commentators in the Financial Times (FT) for routinely quoting figures that were much too low for the GDP of poorer countries. I made the point...
Mikko Arevuo
5 March 2015
4 comments

Conventional economics has it that businesses adjust their investment spending decisions according to changes in the cost of capital.  At low interest rates, more investment projects are...
Ryan Bourne
4 March 2015
10 comments

BBC director-general Lord Hall must have thought all his Christmases had come at once. For years, the corporation has been on the defensive about the future of the TV licence fee. Campaigners had...
Frank Hollenbeck
4 March 2015
2 comments

Greece shed its shackles only to realize that it was still in prison. Nothing has been resolved, and the can has been kicked down the road for another four months. Europe will continue the illusion...
Kristian Niemietz
3 March 2015
5 comments

Most of the time, the role of think tanks is to engage in holistic, ‘big picture’ thinking. Think tank work is often about taking a few steps back, and looking beyond the specifics of the...
D.R. Myddelton
2 March 2015
3 comments

Most people in this country have probably never heard of The Forgotten Depression, the title of a new book by James Grant. Unlike the Great Depression which started in 1929 and lasted until 1941 (in...
Philip Booth
27 February 2015
5 comments

The Greens have a radical policy agenda which would, if implemented, probably involve a huge transfer of power from the people to the state. The Greens must, however, be given credit for clearly...
David Henderson
26 February 2015
1 comment

Better days at the FT In an earlier piece (7 January), I criticised staffers at the Financial Times (FT) for persistently quoting misleading figures for the GDP of a range of developing countries. In...
Steve Davies
25 February 2015
7 comments

One of the recurring features of what we may call ‘popular economics’ in this country is the hostility to ticket touts. For most of the public they rank close to the bottom of social...
Ryan Bourne
25 February 2015
1 comment

Aside from the much-expected arms race to win the pensioner vote with a host of taxpayer-funded goodies, all parties (bar maybe UKIP) seem to agree that ‘childcare’ is something deserving...
Ryan Bourne
24 February 2015
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In an age of big challenges, the general election campaign seems to be throwing up a host of small ideas. The Labour Party is currently quibbling internally over how to finance a policy of cutting...
Christopher Snowdon
24 February 2015
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As Secretary of State for Communities and Local Government, Eric Pickles has long taken a principled stand against what he calls 'government lobbying government' and 'lobbying on the...
Kristian Niemietz
23 February 2015
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Among the more reasonable supporters of the single-payer model of healthcare, a common argument is that while the NHS may not literally be the ‘envy of the world’, at least it is better...
Matt Zwolinski
20 February 2015
4 comments

Some of the currently most popular forms of libertarian thought are defined by a commitment to the “non-aggression principle” – a principle which holds that it is always wrong to...