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Len Shackleton
15 July 2015
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Many British critics of the EU have argued for making significant repatriation of government powers over employment regulation a key element in David Cameron’s renegotiation of the relationship...
Ryan Bourne
14 July 2015
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George Osborne’s desired message was clear. He claimed last week’s Budget was a new settlement for a “higher wage, lower tax, lower welfare country”. The Tory media duly...
Steve Davies
13 July 2015
3 comments

As things stand it seems the saga of negotiations between the Greek government and its creditors has arrived at a denouement. But this is almost certainly not a conclusion. We can expect this show to...
Kristian Niemietz
10 July 2015
1 comment

“Strikes have the added benefit that they give people a nice opportunity to signal their ideology to others”, a friend of mine tweeted yesterday. At least as far as my timelines on...
Ryan Bourne
9 July 2015
2 comments

I had a Telegraph blog published this morning detailing my initial reaction to George Osborne’s new ‘National Living Wage’ (NLW) for over-25s announced yesterday. In it, I...
Kristian Niemietz
9 July 2015
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Hinchingbrooke hospital has had a history of ups and downs. In the 2000s, it lost control of its finances, running up debt of £40m. It also slipped in the hospital rankings of clinical outcomes...
Christopher J. Coyne and Rachel L. Coyne
8 July 2015
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Advertisements pervade our daily lives. Businesses invest a significant amount of resources in attempting to attract customers. Consider Figure 1 which shows the advertising spending per person...
Ryan Bourne
7 July 2015
2 comments

With £12bn of working age welfare cuts expected in this Budget, Conservative voices are clamouring for the “Living Wage” to be used as a means of reducing in-work poverty. In the...
Steven Horwitz
6 July 2015
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One thing that has always struck me about behavioural economics are the parallels to arguments about market failure (such as externalities). Much of behavioural economics shows us that economic...
Peter Ainsworth
3 July 2015
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Writing in The Times on Wednesday, Jo Johnson, the new Universities Minister, noted the disappointing statistic that almost half of students feel they do not get value for money from university...
Diego Zuluaga Laguna
3 July 2015
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A new study about supposed anti-competitive practices in the online search market, co-authored by net neutrality guru Tim Wu, has made headlines in recent days. The study contains a number of claims...
Kristian Niemietz
2 July 2015
2 comments

What I admire about the anti-capitalist left is their ability to present their ideas as somehow "unorthodox" and "anti-mainstream", when they are clearly nothing of the sort. Go...
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...
Ryan Bourne
30 June 2015
23 comments

Nothing is certain in life but death and the annual claim that the poorest fifth of households pay the highest proportion of their incomes in taxes. Each year, when the ONS publishes its ‘...
Jesús Huerta de Soto and Philipp Bagus
29 June 2015
2 comments

The ECB has finally launched its own open-ended Quantitative Easing (QE) planning to buy securities worth of €1.1tr euros. This unprecedented move requires a convincing justification. One...
Kristian Niemietz
26 June 2015
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As an undergraduate student, I spent an Erasmus semester in a small town in Spain. During a flat viewing, the landlady who showed me around pointed at the microwave in the kitchen, and said: ‘...
Ryan Bourne
25 June 2015
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Child poverty (measured as children living in a household below 60 per cent of median income) has remained unchanged. But in recent days, as it was expected to have risen, it has been said the...
Christopher Snowdon
25 June 2015
1 comment

In a classic Beyond the Fringe sketch, Peter Cook is a cult leader sat atop a mountain awaiting the end of the world. When the predicted apocalypse fails to arrive, he turns to his followers and says...
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...
Ryan Bourne
23 June 2015
3 comments

Bruce Springsteen may have been “Born in the USA”, but he says he’d prefer the US to be more like Sweden. With its generous welfare state, many hold up the Swedes, and other...