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Philip Booth
5 November 2015
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Supra-national authorities, such as the EU, should do two things. They should restrain governments from over-stepping their natural authority. Second, they should provide ‘public goods’...
Philip Booth
4 November 2015
2 comments

From 4th to 7th October 2015, the IEA co-hosted the Think Tent event series at the Conservative Party conference in Manchester. The IEA’s Philip Booth took part in a panel entitled Should the...
Philip Booth
29 October 2015
4 comments

One of the most dangerous myths that pervades the political debate today is the idea that “neo-liberalism”, as the left describe it, has a stranglehold over economic policy. Certainly, if...
Philip Booth
26 October 2015
1 comment

The corporate tax system is currently under attack from the EU and the OECD. In principle, this is not a bad thing because the corporate tax system is flawed. However, the EU and the OECD do not wish...
Philip Booth
8 October 2015
1 comment

Nicky Morgan wrote an article on Conservative Home a week ago which revealed the true colours of modern feminism. The article is based on a great deal of economic ignorance and a hyper-materialistic...
Philip Booth
5 October 2015
1 comment

During the late 1990s and early 2000s, think tanks such as the IEA had a difficult time. We were told that the argument for the market economy had been won. A so-called neo-liberal hegemony had been...
Philip Booth
23 September 2015
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It is well-known that Churchill supported the concept of a union of nations on continental Europe. Less well-known is the fact that F. A. Hayek – the inspiration for many...
Philip Booth
21 September 2015
10 comments

Yesterday, in support of renationalising the operation of trains, Hilary Benn argued that the East Coast mainline was run perfectly satisfactorily whilst it was nationalised. This may be true. It is...
Christian Stadler and Lynne Kiesling
14 September 2015
2 comments

Do free markets help or oppress the poor? What, if anything, have free markets done for the poor worldwide? In this panel discussion at the IEA's THINK Conference, chaired by Ryan Bourne, this...
Philip Booth
7 September 2015
3 comments

A tax haven levies certain taxes at a zero or very low rate and combines this with limited information flows to other countries’ tax authorities and a lack of transparency in law making. By the...
Philip Booth
12 August 2015
3 comments

When the current government is not regulating prices by imposing floors, such as the minimum wage, it is regulating prices by imposing ceilings such as on consumer credit and pensions products. When...
Philip Booth
21 July 2015
1 comment

When the euro was adopted, British sceptics argued that it was impossible to have a single currency without a single country. They suggested that you need central control of fiscal policy to stop...
Carlo Stagnaro and Philip Booth
20 July 2015
1 comment

The British retail markets for electricity and gas are not delivering. But is the proposed cure better than the disease itself? The Competition & Markets Authority has recently released its...
Philip Booth
15 July 2015
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Iain Martin argues not just that George Osborne was right to raise the minimum wage but that: “It must feel good to be pure. While others make messy compromises, the hardened...
Philip Booth
1 July 2015
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In Part 1 of this post, I looked at the way international financial regulation encouraged complexity and regulatory capture. In this part, I look at the problems of herd behaviour and the making of...
Philip Booth
24 June 2015
1 comment

In the last 30 years there has been a huge movement towards the internationalisation of financial regulation. This manifests itself at the EU level but also more widely. If you were to use a random...
Philip Booth
19 June 2015
4 comments

Pope Francis’ encyclical, ‘Laudato si’, is an important contribution to the theology and morality of the earth’s ecology in the context of a holistic conception of the human...
Philip Booth
15 June 2015
2 comments

On 12th June, the Guardian published a letter from 79 economists, including David Blanchflower, Thomas Piketty, Mariana Mazzucato and Ha-Joon Chang. The 79 argue that George Osborne’s proposals...
Philip Booth
2 June 2015
4 comments

Would anybody ever be brave enough to oppose “corporate social responsibility” (CSR)? Certainly, it is a good marketing strapline. And CSR proponents have been very successful...
Philip Booth
28 May 2015
2 comments

In a recent article on CapX, Adam Memon made the case for the minimum wage to be increased to the living wage. In other words, he wishes to see the Green Party’s policies on this matter to be...