Blog

Search

Richard Wellings
11 January 2012
7 comments

Housing minister Grant Shapps recently announced plans to make the unauthorised subletting of social housing a criminal offence, with offenders facing up to two years in prison. The...
Richard Wellings
21 December 2011
1 comment

As the economic slump persists, calls are growing for an increase in infrastructure spending as a means of boosting growth. Both David Cameron and Nick Clegg have announced plans for the delivery...
Richard Wellings
30 November 2011
2 comments

The Autumn Statement showed that George Osborne has failed to grasp the gravity of the economic crisis facing the UK. Urgent action was needed to brace the economy for double-dip recession and the...
Richard Wellings
27 October 2011
3 comments

European leaders are advocating greater fiscal integration in response to the ongoing euro crisis. Despite their professed euroscepticism, David Cameron and George Osborne have offered their...
Richard Wellings
20 July 2011
2 comments

Earlier this week, in a piece for ConservativeHome, Karen Lumley MP launched an astounding attack on the IEA’s latest research paper, High Speed 2: the next government project disaster? Her...
Richard Wellings
19 July 2011
6 comments

Britain’s transport sector is cursed by endless intervention by politicians. Investment has tended to be driven by political priorities rather than consumer demand. The emphasis has been on...
Richard Wellings
24 May 2011
8 comments

The recent history of Britain’s railways has undoubtedly brought the whole concept of privatisation into disrepute. But this is unfair. Rail privatisation was a pastiche of genuine...
Richard Wellings
14 April 2011
comments

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...
Richard Wellings
25 March 2011
comments

They were warned. In the late 1990s, eminent economists queued up to explain the flaws in the euro project. Chief among them was Nobel Prize winner Milton Friedman, who in 1999 – the year the...
Richard Wellings
23 March 2011
1 comment

In this year’s Budget, George Osborne had the opportunity to bolster economic recovery by removing barriers to growth. Alongside some welcome proposals, he unfortunately also...
Richard Wellings
31 January 2011
3 comments

Radio 4 has produced a documentary on F. A. Hayek and the Austrian school of economics. The programme, Radical Economics: Yo Hayek!, will be broadcast tonight (31st January) at 8:30. It...
Richard Wellings
13 January 2011
21 comments

Classical liberals can point to numerous examples of robust economic growth coinciding with low taxes and light-touch regulation: Britain in the 18th and 19th centuries; the US before the 1930s;...
Richard Wellings
4 January 2011
2 comments

In the context of Britain’s fiscal crisis, today's rise in VAT from 17.5% to 20% may be seen by some as a necessary evil. Moreover, indirect taxes such as VAT are often regarded as less...
Richard Wellings
1 December 2010
7 comments

When Transport Secretary Philip Hammond announced last week that the government would procede with three big rail projects – High Speed 2, Crossrail and Thameslink – it was a bit like a...
Richard Wellings
14 October 2010
8 comments

There are over 1,000 quangos in the UK. Today’s news that 192 of them are to be abolished appears to be concrete evidence that the coalition is taking radical action to reduce the role of...
Richard Wellings
6 October 2010
16 comments

David Cameron’s conference speech has arguably provided observers with important insights into the ideologies helping to drive coalition policy. Worryingly, there were strong elements of...
Richard Wellings
2 October 2010
9 comments

The Equality Act came into force yesterday. It strengthens anti-discrimination law and will make it easier for members of specified groups to win claims for discrimination, harassment and...
Richard Wellings
24 September 2010
1 comment

Public sector workers are understandably concerned about the outcome of the Comprehensive Spending Review (CSR). Trade union leaders have recently spoken of strikes and civil disobedience against...
Richard Wellings
21 September 2010
7 comments

Those of us who hope the Liberal Democrats will reject socialism and embrace true liberalism have many reasons to be disappointed by this year’s party conference. Nick Clegg, for example,...
Richard Wellings
26 July 2010
3 comments

A single claimant of Jobseeker’s Allowance or Income Support aged 18-24 receives £51.85 a week. This goes up to £65.45 for those aged 25 and over. Tax credit and child benefit...