authors of Verdict on the Crash
12 May 2009
In a statement published today in the Daily Telegraph and reproduced below, fourteen leading economists – authors of the comprehensive new IEA study, Verdict on the Crash - explain...
Philip Booth
30 April 2009
In the Financial Times earlier this week, Peter Mandelson wrote:
Sir, I was surprised by the unreconstructed tone of your editorial (”The umpire should not choose sides“, April 21...
Richard Wellings
9 April 2009
● Gary Becker has an antidote to federal activism
● Donald J. Boudreaux argues that stimulus plans destroy wealth
● Keith Boyfield responds to Adair Turner’...
David Moller
31 March 2009
There is a strange thing about this particular financial crisis. Though some have murmured about “a crisis of capitalism”, few have yet suggested a return to full-blooded, full-frontal...
Tim Congdon
30 March 2009
The current financial crisis raises fundamental questions about the relationship between the commercial banks and the Bank of England. Before 1997 Britain had a system in which the Bank of England...
Peter King
26 March 2009
A couple of weeks ago I took part in a debate on the housing opportunities for young people hosted by BBC Radio Leicester. The young people there were very aware of the issues of affordability and...
Philip Booth
16 March 2009
I now have to admit that I was unduly optimistic about the UK response to the crash regarding the future of financial regulation. Initially, there seemed to be some humility on behalf of the...
Philip Booth
6 March 2009
Surely Gordon Brown needs a new speech writer. Apparently the US Congress voted with their feet, with the empty seats being filled up with staffers but, had they stayed, what would they have...
Richard Wellings
13 February 2009
From a monetarist perspective, a strong case can be made in support of the Bank of England’s decision to engage in quantitative easing. A severe deflationary shock would cause big problems for...
Richard Wellings
12 February 2009
● Philip Booth discusses the growing debt burden in the Yorkshire Post
● Eamonn Butler explains why political interference is creating a new banking crisis
● ...
Philip Booth
4 February 2009
On Monday, George Osborne made an interesting speech. It would have been a good opening statement at a dinner party of economists. There was a lot to chew on but the ideas were ill defined. But they...
Terry Arthur
30 January 2009
Adam Smith’s ‘agency problem’, the separation of ownership from control, enables big-business executives and directors to pursue their own agenda. All too often this results in an...
Richard Wellings
29 January 2009
● Philip Booth discusses Barack Obama on American Public Radio
● Peter Boettke explains why politicians are making the recession worse
● Donald Boudreaux has...
Kristian Niemietz
28 January 2009
Once the current recession is finally over, poverty researchers might well find themselves confronted with a puzzle. For it is entirely possible that the downturn will actually help the government...
Nick Silver
26 January 2009
In his excellent book, The Origin of Wealth, Eric Beinhocker argues that it is markets, not individual companies, which are most effective at allocating resources. This apparently subtle distinction...
Philip Booth
22 January 2009
Some people have suggested that the current crisis suggests that ‘free’ markets are dead. Given the high degree of regulatory scrutiny in the financial sector that is not a point of view...
Nick Silver
21 January 2009
The Financial Times’ chief economics commentator, Martin Wolf, has put forward a convincing explanation for the ultimate cause of the current financial crisis. To briefly summarise, some...
Peter King
19 January 2009
Should the UK government really be encouraging households to borrow money to buy houses in the current climate? And should it be encouraging banks to lend to them as part of the latest bailout...
Nick Silver
6 January 2009
The UK has recently undergone a banking crisis, the reasons for which have been much analysed, but basically boil down to a mixture of liquidity problems (banks unwilling to lend to each other) and...
Richard Wellings
5 January 2009
Will a green ‘New Deal’ help get Britain out of recession? The Liberal Democrats, for example, have proposed the reopening of disused railway lines as a means of boosting the economy....