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Kristian Niemietz
29 August 2013
1 comment

  The economic debate about airport expansion has become a proxy war, fought by both sides with proxy arguments. When somebody tells you that they are for/against airport expansion because of X...
Charles B. Blankart
28 August 2013
comments

Germany’s elections are just around the corner. But if Chancellor Merkel gets her way, there will not be much to vote on. Voters may be given a choice on issues like nursery places, but not on...
Christopher Snowdon
24 August 2013
4 comments

  Jamie Whyte’s superb new book Quack Policy, published by the IEA last week, has provoked some controversy on Twitter. The publication cast a sceptical eye over recent examples of...
Philip Booth
23 August 2013
2 comments

Once again, a major mis-selling scandal has broken out, with 13 high street banks and credit card issuers facing a £1.3bn redress bill for mis-sold card protection policies. No amount of...
Christopher Snowdon
22 August 2013
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A register of lobbyists would be an expensive bureaucratic folly that would serve no useful purpose. There may be a perception that lobbying in Britain is of scandalous proportions, but that does not...
Kristian Niemietz
21 August 2013
1 comment

Monday saw the release of a report by the Child Poverty Action Group (CPAG) showing what many already expected. In recent years, child-related expenses have risen considerably, with the cost of...
Steve Davies
20 August 2013
4 comments

There are some ideas that keep on coming back, even though they are foolish and have always had bad results whenever they are tried. Rent control is one of these. Whenever it has been tried it has...
Richard Wellings
19 August 2013
3 comments

In a 1965 book, The Logic of Collective Action, the American economist Mancur Olson explores the impact of special interest groups on the political process. Olson’s hypotheses are derived from...
Philip Booth
16 August 2013
12 comments

On becoming governor of the Bank of England, Mark Carney made some statements about women which were somewhat intriguing. He argued that: ‘It is anomalous, it’s striking. What we have to...
Kristian Niemietz
14 August 2013
22 comments

  Suppose a time-traveller from today could go back to the 1960s. His status as ‘the man who knows the future’ quickly earns him enormous political influence, which, being a right-on...
G. R. Steele and John Whittaker
13 August 2013
1 comment

Although macroeconomic policy has become largely confined to monetary-policy initiatives - that is, meddling with interest rates - the Keynesian propensity of central bankers and finance ministers...
Kristian Niemietz
12 August 2013
6 comments

The UK now has one of the fastest-growing populations in Europe, according to a new report by the Office for National Statistics. In just one year, the population grew by over 400,000 people (to a...
Philip Booth
8 August 2013
3 comments

Yesterday morning, in response to Mark Carney’s decision to issue forward guidance in relation to the Bank of England’s monetary policy decisions, I released a quotation to the press:...
Anthony J. Evans
7 August 2013
comments

I don’t view today’s announcement by the Bank of England as being a major change in monetary policy. The inflation target of 2% remains in place and the tools with which the Monetary...
Tom Miers
6 August 2013
1 comment

  The European Union’s Financial Transactions Tax (FTT) has been hounded by misfortune from the outset. Mooted as a way of making the bankers pay back some of the bailout money they...
Len Shackleton
6 August 2013
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One million people on zero hours contracts, scream the media - quoting figures released today by the Chartered Institute of Personnel and Development. This is at odds with recent ONS figures...
Len Shackleton
5 August 2013
2 comments

Last week, the National Minimum Wage (NMW) celebrated its fifteenth birthday. It has not been the disaster some feared – largely because the Low Pay Commission set rates conservatively, taking...
Len Shackleton
2 August 2013
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I wonder what those famously cynical private eyes Sam Spade and Philip Marlowe would have made of the new regulations which Theresa May is imposing on their British equivalents? It was announced this...
Kristian Niemietz
1 August 2013
2 comments

  Milton Friedman once observed that, “with some notable exceptions, businessmen favour free enterprise in general, but are opposed to it when it comes to themselves.” With this in...
Peter Kain
30 July 2013
4 comments

We are conditioned to accept that as projects such as High Speed 2 (HS2) are progressed, the cost estimates will rise. This, of course, invalidates a cost-benefit analysis – unless benefits are...