Philip Booth
11 December 2012
The non-stop tide of new regulation from the government continues. It now appears to be preparing to accept an amendment to the Financial Services Bill, which will allow the Financial Conduct...
Stephen Littlechild
20 November 2012
‘The philosopher's stone is a legendary alchemical substance said to be capable of turning base metals into gold.… Efforts to discover the philosopher's stone were known as the...
Philip Booth
9 November 2012
Earlier this week, a group of leading academics called for a revolution in financial regulation. This call came after the publication of a group of papers examining regulation across every field of...
Kristian Niemietz
16 October 2012
‘If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it.’
This famous quote by Ronald Reagan was meant to be a summary of governments...
Len Shackleton
20 September 2012
Patrick McLoughlin and Michael Gove are competent and well-thought-of Secretaries of State. As Conservatives, they presumably assert from time to time generalities about the virtues of...
Christopher Snowdon
12 September 2012
They say that laws are like sausages, it is better not to see how they are made. If so, the 2005 Gambling Act was of the supermarket own-brand, ‘sixteen for a pound’ variety. It began...
Philip Booth
5 July 2012
The spotlight in the Libor rate-fixing scandal has moved. Questions are being asked about the culpability of the FSA, which may well have ignored repeated warnings about Libor calculations from...
Philip Booth
29 June 2012
This week a major scandal came to light with regard to the setting of LIBOR, which is the interest rate at which banks lend to each other. It would appear that this rate, which is a useful index of...
Chris Snowdon
11 June 2012
2008 represented something of a milestone for Britain’s charity sector as it was the year in which it received more money from government than from individuals. This was emblematic of the...
Kristian Niemietz
14 May 2012
There are lots of good arguments against positive discrimination, be it through female quotas for company boards, quota systems in political institutions, affirmative action or otherwise. For a...
Chris Snowdon
9 May 2012
On 23 January 1912, representatives from twelve nations signed the International Opium Convention, which contracted them to ‘use their best endeavours to control, or to cause to be controlled...
Kristian Niemietz
20 April 2012
I have received quite a bit of feedback for my recent paper, ‘Abundance of land, shortage of housing’, and would like to respond to those comments that were both critical and thoughtful...
Len Shackleton
14 February 2012
David Cameron’s trip to the Nordic-Baltic conference seems to have reinforced his view that companies should be pressurised into putting women on their boards. At present he favours Lord...
Amul Pandya
13 February 2012
The IEA’s 2010 monograph Does Britain Need a Financial Regulator? argued, amongst other things, that the Financial Services Authority (FSA) has been guilty of overreach and empire building....
Amul Pandya
9 February 2012
The Australian government recently decided to homogenise tobacco products by forcing them into uniform packaging. A key question is whether ‘public health’ provides sufficient grounds...
Terry Arthur
30 January 2012
In August 2010, the IEA published Does Britain Need a Financial Regulator? Written by Professor Philip Booth and myself, with a particular focus on stock exchanges around the world, our conclusion...
Len Shackleton
24 January 2012
Vince Cable’s proposals on executive pay do not really amount to a great deal, but it is worrying that the coalition now seems to have firmly accepted that top pay in the private sector is...
Philip Booth
12 January 2012
My last blog post was on recycling so I guess it is appropriate if I recycle some material from an old blog post to deal with Nick Clegg’s latest attack on the 'it’s not...
Len Shackleton
9 January 2012
The Prime Minister says that the government intends to act on what it sees as excessive executive pay. Apparently we “can’t tell people what they should be paid but (should act) where...
Philip Booth
5 January 2012
The Christmas-to-New Year holiday was a bad period for those of us who believe in deregulation. A minimum price for alcohol was proposed; a massive extension of state funding and regulation of...