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J. R. Shackleton
26 May 2009
6 comments

In the current febrile, even Jacobin, climate it may seem foolhardy to offer a defence of pay inequality. However, here goes. The classic explanation of how a free labour market allocates people to...
Richard Wellings
5 February 2009
2 comments

Recent unrest in Latvia and Bulgaria has emphasised the economic difficulties faced by the formerly communist countries in central and eastern Europe. Indeed a new IEA study, New Europe’s Old...
Richard A. Epstein
1 September 2008
comments

Competition law (which travels under the name antitrust in the United States) rests on the proposition that the most efficient allocation of goods and services takes place within the framework of a...

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