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Richard Wellings
20 January 2010
3 comments

The news that the UK has dropped out of the top-ten countries in the Index of Economic Freedom should act as a wake-up call to the politicians wishing to form the next government. The country’...
Philip Booth
15 January 2010
5 comments

It is good news, at least to some extent, that George Osborne has announced that some cuts will be made in government spending as soon as the Conservatives enter office. But, he should be careful....
Philip Booth
8 January 2010
9 comments

Just after Christmas a number of members of the IEA’s SMPC wrote to the Sunday Times about the dire need for a fiscal plan to deal with government borrowing. In this context, it is worth...
Dan Mitchell
5 January 2010
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Richard Wellings
16 November 2009
18 comments

Public spending dominates the economy of the North of England. In the North-East region, for example, it accounts for close to 70% of GDP. Many northern cities seemed to prosper in recent years. The...
Len Shackleton
6 November 2009
14 comments

It is widely agreed that state pension age (SPA) needs to rise to reflect the financial downside of the happy prospect of greater life expectancy. The current government is committed to this, albeit...
Alison Wolf
4 November 2009
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In this new video, Professor Alison Wolf discusses the disastrous impact of Soviet-style central planning on the UK’s adult education sector. Professor Wolf is launching her study, An Adult...
Peter King
27 October 2009
6 comments

Working in a university social science environment I find myself surrounded by those who take a leftist view of the world. One interesting trend amongst my colleagues of late has been to start to...
Richard Wellings
21 October 2009
4 comments

There is talk of recovery, but little reason for optimism. Government action may have cushioned the initial impact of the recession, but the long-term economic consequences of borrow and spend...
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...
Ruth Lea
29 September 2009
10 comments

The Prime Minister is, apparently, intending to introduce a “Fiscal Responsibility Act” to tackle Britain’s scandalously bad public sector finances. Well, I suppose, better late...
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...
Peter King
16 September 2009
4 comments

The debate on the future of public spending is a developing one, with Gordon Brown finally being forced to use the “c” word. However, there is still no real attempt to state what and how...
Philip Booth
14 September 2009
18 comments

The Institute of Directors and the Taxpayers’ Alliance have just produced a report on cutting public spending by £50billion. The report makes excellent reading and is possibly the first...
Richard Wellings
10 September 2009
13 comments

From China to California, the current slump has been marked by enthusiasm for high-speed rail. Projects typically form part of some kind of “Keynesian” stimulus package. Here in Britain...
Steven Kates
4 September 2009
6 comments

The word is getting out that Keynesian economics is worthless as a guide to policy. Criticisms of public spending are found more and more frequently and the immense deficits we now face are...
D. R. Myddelton
4 August 2009
40 comments

Vince Cable, the Liberal Democrat spokesman on finance, says he wouldn’t increase total taxes to help deal with huge projected government deficits. Instead he wants “fairer” taxes...
Kristian Niemietz
3 August 2009
8 comments

Nobody likes competition when it takes place in their own backyard. Tax-hungry government officials are by no means an exception. If their counterparts abroad, either by insight or by lack of...
Steven Kates
30 July 2009
15 comments

What we call “Keynesian” economics is not some minor sub-division of economic theory but is the very essence of macroeconomics itself. Keynes in 1936 had one central idea in writing his...
Helen Evans
28 July 2009
14 comments

Not a day goes by now without the UK press having story after story about necessary and impending public spending cuts to solve our problematic national debt. Although there is much speculation...