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Richard Wellings
14 April 2011
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Despite the cuts, the coalition Government will raise our national debt by almost £500bn over this Parliament. This is just the official debt. When other liabilities such as pensions are...
Philip Booth
18 November 2010
3 comments

David Blanchflower has once again suggested that we would not need to worry about austerity if only we allowed price inflation of 5% for a few years. Let us ignore the moral issues of whether...
Nick Silver
8 September 2010
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Earlier this year I published a report estimating British government debt at  £4.8 trillion . However, over the summer the Office for National Statistics (ONS) ...
Oliver Marc Hartwich
15 October 2009
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The International Monetary Fund has just presented perhaps the gloomiest forecast for Britain’s public finances so far. It predicts that by next year, Britain’s debt will stand at...
Kristian Niemietz
17 September 2009
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What’s the easiest way for a government to push their country into the top ten in a worldwide ranking of economic freedom? Coupling unpopular reforms (such as spending cuts) with popular ones...
Richard Wellings
14 July 2009
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●  John Blundell on the need to guard think tanks against undue influence   ●  Roger Bate explains why Britain is sailing towards the icebergs    ●  Tim...
Richard Wellings
22 June 2009
22 comments

Britain now faces its worst ever peacetime fiscal crisis, yet our politicians seem incapable of grasping the seriousness of the situation. Indeed, when Andrew Lansley suggested recently...
IEA bloggers
21 April 2009
16 comments

As the sterile thinking of incumbent politicians will not be sufficiently radical to reverse the growth in the size of government over the coming years, we asked IEA bloggers how they thought the...
D. R. Myddelton
7 April 2009
10 comments

Anatole Kaletsky [The Times, April 6] says the G20 countries are right to borrow and spend even more than they have done already. But he seems to be living in a dream world. First he says this...
Richard Wellings
2 April 2009
4 comments

Gordon Brown may be advocating a further fiscal stimulus as a means to promote economic recovery at today’s G20 meeting, but, certainly in Britain’s case, implementing such a policy...
Kristian Niemietz
9 March 2009
6 comments

At a time when both public deficits and government spending are increasing (bank bailouts and stimulus packages), there is immense political pressure to address the issue of tax havens....
Richard Wellings
12 February 2009
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●  Philip Booth discusses the growing debt burden in the Yorkshire Post   ●  Eamonn Butler explains why political interference is creating a new banking crisis   ● ...
Nick Silver
26 January 2009
6 comments

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...
Kristian Niemietz
20 January 2009
8 comments

In a recent IEA discussion paper, Nick Silver argues that official figures display less than a fifth of the UK’s actual public debt. This is because pension entitlements constitute debt in all...
Nick Silver
6 January 2009
22 comments

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
4 comments

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....
Philip Booth
22 December 2008
6 comments

Maybe sterling has overshot a bit. Currencies do that sort of thing and we should not worry unduly. Maybe sterling has fallen because people have no confidence in the long-term ability of the UK...
Nick Silver
12 December 2008
6 comments

By continually blocking reforms to public sector pension schemes, the leaders of the public sector unions may be dooming their members to an old age spent in penury. In his excellent monograph, Sir...
Nick Silver
5 December 2008
2 comments

There is a general perception that the ageing population of developed countries will lead to some kind of crisis or demographic “time bomb”. The new IEA monograph Pension Provision:...
Nick Silver
26 November 2008
24 comments

If you are a company, you have to include pensions liabilities as a debt in your accounts. However, governments, while professing to follow private sector practices in their accounts, turn a blind...