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Len Shackleton
30 November 2015
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Real apprenticeships provide skills which workers can take to other employers and obtain a wage higher than they would have earned otherwise. Historically, they were paid for by binding young...
Kristian Niemietz
27 November 2015
1 comment

This article was first published by The Independent.   One of the good ideas in yesterday’s Autumn Statement was the scrapping of a previously announced bad idea, namely the tax credit...
Ryan Bourne
26 November 2015
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There have been four budget or budget-like statements in less than a year now. That’s four opportunities for the Chancellor to engage in a big-bang of announcements to improve economic policy...
Diego Zuluaga
25 November 2015
1 comment

The European Commission has released its plan for an EU-wide deposit insurance scheme that will, at first, back up and complement existing national deposit guarantee schemes (DGS), and, from 2024,...
Ryan Bourne
24 November 2015
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For the third time in a year, tomorrow, George Osborne will take to the despatch box to deliver a budget or budget-like statement. We will be treated to a feast of announcements as the Treasury...
Kristian Niemietz
23 November 2015
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According to the Commonwealth Fund, the NHS is the best healthcare system in the world. But according to the OECD, it is one of the worst. Who is right? Is the NHS failing, or is it just underfunded...
Kristian Niemietz
20 November 2015
1 comment

What is the future of the NHS? As part of our Paragon Initiative, the IEA hosted a panel discussion to look at: The NHS’ ability to adapt to an ageing population with different health needs...
Mike Norton-Griffiths
19 November 2015
2 comments

The international furor following the recent killing of Cecil the lion[1] in Zimbabwe has inflamed the debate on the contribution to wildlife conservation of consumptive utilisation in general and of...
Len Shackleton
18 November 2015
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Nobel-Prize-winning economist Ronald Coase died in 2013 at the grand age of 102. The two contributions for which he is best-remembered – his 1937 analysis of the significance of transactions...
Ryan Bourne
17 November 2015
2 comments

Many people have taken to social media to ask why the terrorist massacres in Paris have been given so much Western media attention, while similar atrocities in Beirut received scant coverage. One...
Ryan Bourne
16 November 2015
2 comments

It is common for Living Wage campaigners to say that adoption of the Living Wage “would benefit staff and businesses”. Why? By increasing pay, it is claimed, firms can reduce turnover,...
Kristian Niemietz
13 November 2015
4 comments

This article was first published by The Independent.   I have long been toying with a business idea, but never had the time, patience, know-how and, above all, the resolve to do anything with it...
Declan French
12 November 2015
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In the Millennium Declaration in 2000, the UN General Assembly resolved to reduce under-five child mortality by two thirds of their existing rates by the year 2015. The most recent Millennium...
Ryan Bourne
11 November 2015
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On 11 November, the UBS European Conference 2015 hosted a panel discussion entitled ‘Income Inequality: Consequences and Solutions’. The IEA’s Ryan Bourne was one of the panellists...
Ryan Bourne
11 November 2015
1 comment

How large were cuts to government spending during the last parliament? The answer may surprise you. Overall real expenditure fell by just 2.9 per cent between 2010-11 and 2014-15. Later in the month...
Peter Ainsworth
10 November 2015
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You don’t have to be a Marxist to believe in historical materialism. The idea that changes in the economic environment drive institutional change is hardly revolutionary. Just as the invention...
Diego Zuluaga
9 November 2015
3 comments

Prime Minister David Cameron announced that fast broadband access - at speeds of at least 10 megabytes per second - will become a legal right of all residents in the United Kingdom by 2020....
Kristian Niemietz
6 November 2015
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The law of diminishing marginal utility is one of the most basic concepts in economics. What it means is that the more you have of something, the less you enjoy getting more of it. Among other things...
Diego Zuluaga
5 November 2015
3 comments

Britons are all too aware of the problems of political and economic centralisation. Indeed, the trend for more and more legislative and regulatory power to move from London to Brussels is one of the...
Philip Booth
5 November 2015
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Supra-national authorities, such as the EU, should do two things. They should restrain governments from over-stepping their natural authority. Second, they should provide ‘public goods’...