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D. R. Myddelton
14 August 2009
4 comments

The latest news from Europe on the progress of the recession is both good and bad. The good news is that in France and Germany the recession is over. The French and German economies both grew by 0.3...
Richard Wellings
16 June 2009
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●  Philip Booth argues there is no real concept of a market in the British education system   ●  Gary Becker on Obama’s fatal conceit   ●  Samuel Brittan reviews...
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
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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...