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Christopher Snowdon
7 February 2014
18 comments

The following letter has been written in response to ‘Under the influence’, an article by Jonathan Gornall which appeared in the British Medical Journal in January 2014. It is addressed...
Christopher Snowdon
5 February 2014
1 comment

In June 2012, the IEA published Sock Puppets, a report which looked at the evidence, and implications, of taxpayer funding for the large and growing element of ‘civil society’ that is...
Philip Booth
17 January 2014
3 comments

Today Ed Miliband made a speech on policy in UK banking. There is much wrong with that market and important reforms should involve ensuring that the providers of capital to banks always...
Kristian Niemietz
15 January 2014
4 comments

Ed Miliband is getting serious about shedding his Red Ed image. In an article in the Daily Telegraph, the Labour leader tried to rebrand himself as a champion of the aspirational middle classes. This...
Christopher Snowdon
7 January 2014
1 comment

Ed Miliband’s pledge to crack down on the ‘crack cocaine of gambling’ is a significant moment in the extraordinary moral panic over fixed-odds betting terminals (FOBTs). Last...
Philip Booth
6 January 2014
comments

Next year, the Office of Fair Trading (OFT) and the former Competition Commission (CC) will be unified. The old joke ‘why is there only one monopolies commission?’ will ring true from...
G. R. Steele
3 January 2014
comments

The public at large takes a very dim view of banking. When the pre-fix ‘shadow’ is added, matters only get worse. Although ‘shadow’ refers to credit intermediation occurring...
Philip Booth
18 December 2013
comments

  Mutuals and co-operatives have been promoted as the acceptable side of business by both arms of the coalition. Nick Clegg has lauded the Waitrose and John Lewis model. Advisers to David...
Louise Bennetts
11 December 2013
comments

A protectionist push is underway in the world’s two leading financial services economies. This threatens to undermine not only the already-weak recovery, but perhaps more importantly the...
Kristian Niemietz
27 November 2013
6 comments

When you watch or listen to a political debate programme, and you hear someone saying something like ‘I am not against all development, but…’ or ‘I don’t dispute the...
Len Shackleton
5 November 2013
1 comment

It’s Living Wage week, and many are endorsing the principle of raising low pay, whether by boosting the minimum wage, or by forcing local authorities and pressuring other private employers to...
David S. D’Amato
4 November 2013
comments

The peculiarities of the United States’ recurrent debt ceiling disputes stem from the Great War, when Congress resolved to allow the Department of the Treasury to issue bonds up to a certain...
Philip Booth
31 October 2013
2 comments

Barely a day goes by without a government attack on the private sector. Yesterday saw the publication of a report proposing charge capping for pension funds. Management fees levied by pension...
Stephen Littlechild
29 October 2013
1 comment

Energy prices keep rising. Prime Ministers and energy ministers, past and present, all propose their own solutions, although there is little agreement on the cause of the problem. The latest proposal...
Philip Booth
28 October 2013
comments

The British energy industry has gone from nationalisation to privatisation and back to government control in the space of 25 years. Although the energy industry is nominally in private hands, we...
Philip Booth
17 October 2013
3 comments

It is always pleasing to publish an IEA monograph and find that the subject is being talked about for months or years after publication. Very often, of course, the true measure of success is that the...
Philip Booth
11 October 2013
1 comment

I am currently attending a conference on the future of financial regulation being held by the Irish central bank in Dublin. We are hearing from the regulators about the importance of global...
Richard Wellings
4 October 2013
3 comments

The government’s deregulation programme doesn’t seem to be progressing very well. Indeed during the recent party conference season numerous additional regulatory burdens were proposed....
Philip Booth
18 September 2013
comments

Economists should be humbled by Friedrich Hayek’s famous plea: “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design...
Kristian Niemietz
6 September 2013
1 comment

Unemployment and underemployment in the UK are still far too high. But given the circumstances, the UK’s labour market is in a far better shape than we might have expected. In much of Europe,...