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Ryan Bourne
18 January 2016
1 comment

The media is running with Oxfam’s annual ‘shocking’ statistic on wealth. This year “the richest 62 people have the same wealth as poorest 3.6 bn”. But all is not what it...
David Henderson
15 January 2016
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This article is a sequel to ‘The continuing power of intuitive or do-it-yourself economics (DIYE)’. It draws on Chapter 3 of David Henderson’s ‘Innocence and Design: The...
David Henderson
14 January 2016
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This article is based on Chapter 7 of David Henderson’s 2004 book ‘The Role of Business in the Modern World,’ published in Wellington (by the New Zealand Business Roundtable),...
Kristian Niemietz
13 January 2016
6 comments

The NHS funding crisis The NHS is ‘at breaking point’, ‘starved of resources’, ‘on the verge of collapse’, overstretched, underfunded, and everybody knows it....
Ryan Bourne
12 January 2016
1 comment

Rumours abound that the government is secretly quite keen on imposing a new tax on sugary drinks, to attempt to combat obesity. There are strong arguments against such a proposal. These taxes hit the...
Christopher Snowdon
12 January 2016
2 comments

Stephen Bubb, chairman of the Association of Chief Executives of Voluntary Organisations (ACEVO), has written an article for the Telegraph opposing government proposals to extend the Freedom of...
Tim Congdon
11 January 2016
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The Great Recession is now being mentioned in the past tense, which is progress of a kind. During its course critics of capitalism directed their polemics particularly against the US, long seen as...
Diego Zuluaga
8 January 2016
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In many ways, Spain is the EU’s poster child. The country’s determination to be part of the European project was a major driver of political consensus in its successful transition to...
Christopher Snowdon
7 January 2016
6 comments

‘If advertising doesn’t work, why do companies spend so much money on it?’ This is the zinger that is supposed to end all argument about whether marketing increases the consumption...
Len Shackleton
6 January 2016
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‘Fat Cat Tuesday’ has come and gone. This is the day on which, according to the High Pay Centre ‘Britain’s top bosses will have made more money in 2016 than the average UK...
Philip Booth
5 January 2016
3 comments

Whether you are a green activist or a poverty campaigner, energy policy under the Thatcher-Major-Blair governments was a striking success. Between 1990 and 1999, prices for domestic consumers fell by...
Kristian Niemietz
24 December 2015
2 comments

As a teenager, I used to read a magazine which had a rubric called “Whatever happened to…”, which was dedicated to the forgotten pop stars of yesteryear. These were usually artists...
Ryan Bourne
23 December 2015
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As the referendum gets closer, we will hear lots about whether Britain could flourish economically outside the EU. On the face of it, the answer is obviously yes. Countries inside and outside show...
Ryan Bourne
22 December 2015
3 comments

News outlets regularly report evidence of ‘gender pay gaps’ or figures showing women or people of certain ethnic origins are ‘under-represented’ in certain industries. Earlier...
Len Shackleton
21 December 2015
4 comments

The House of Commons Women and Equalities Committee is conducting an investigation into the Gender Pay Gap (GPG). Among the proposals it is considering are an extension of mandatory reporting of...
Philip Booth
18 December 2015
1 comment

Pope Francis has frequently described the present global financial system as an “economy that kills”. He often specifically criticises speculation on food prices. Addressing the UN this...
Christopher Snowdon
17 December 2015
10 comments

George Orwell defined ‘doublethink’ as the ability to hold two contradictory beliefs at the same time and to believe that both are true. For example, most of us are at least vaguely aware...
Ryan Bourne
16 December 2015
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If markets are so great, why do firms exist at all? To a non-economist, that might seem like a bizarre thing to ask. Yet the growth of the misleadingly named “sharing economy” is making...
Philip Booth
15 December 2015
2 comments

The world often seems to be scared of deflation and, arguably, this creates an asymmetric bias towards inflation. For example, at the beginning of the 21st century, after the dotcom crash, there was...
Steve Davies
14 December 2015
2 comments

Many think that the work of academic economists has little or no relevance to real world problems. Yet the insights of economics can show us how to resolve problems that otherwise seem intractable. A...