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Richard Wellings
3 September 2009
16 comments

Fuel duty rose by 2p this week, the third increase in the last ten months. Governments tend to view petrol taxes as a convenient source of revenue when budget deficits are high. Indeed, the last...
Philip Booth
27 August 2009
8 comments

This little gem recently came to my attention:    The Pythagorean Theorem has 24 words. The ten commandments (English version) contain 138 words. US regulations about cabbages...
John Blundell
26 August 2009
comments

If you had told me that an absolute page-turner of a novel with a strong pro-market message had been published in 2005; that its theme could not be more topical today as Americans...
Kristian Niemietz
13 August 2009
16 comments

Machynlleth, a small town in Wales, is under attack from a vicious superpower. The Guardian’s local correspondent reports first hand from the heart of the combat zone:   “it...
Peter King
6 August 2009
2 comments

The Royal Institution of Chartered Surveyors (RICS) announced today that they had changed their forecast on house prices for 2009, and that instead of a fall they now foresee a...
D. R. Myddelton
4 August 2009
40 comments

Vince Cable, the Liberal Democrat spokesman on finance, says he wouldn’t increase total taxes to help deal with huge projected government deficits. Instead he wants “fairer” taxes...
Kristian Niemietz
3 August 2009
8 comments

Nobody likes competition when it takes place in their own backyard. Tax-hungry government officials are by no means an exception. If their counterparts abroad, either by insight or by lack of...
Philip Booth
24 July 2009
4 comments

It was recently reported that over 50 pubs a week were closing as a result of an increase in beer tax. There seems to be some surprise that private sector economic activity is reducing (ignoring the...
Philip Booth
23 July 2009
2 comments

If you want to get on the front page of the BBC website and all over the news one morning then run an economic forecasting model with all the spurious accuracy and doubtful assumptions about...
Len Shackleton
21 July 2009
8 comments

It was a disagreeable experience to hear Dame Suzi Leather, Chair of the Charity Commission, attempting to justify the Commission’s stance on the “public benefit” test for...
Peter King
13 July 2009
12 comments

One of the more troubling developments in politics over the last few years is the desire of those on the Right to be seen as “progressive” and to argue for “change”. Indeed...
Philip Vander Elst
10 July 2009
6 comments

Is there a strong connection between statism and supranationalism? At a time of rising taxation, increased state control over the banking system, and ever-closer European integration, it is a...
Terry Arthur
7 July 2009
6 comments

In the Daily Telegraph last month, Melissa Kite wrote an amusing article about Gordon Brown’s most recent Tsars – Martha Lane Fox as “champion for digital inclusion” and Sir...
Richard Wellings
22 June 2009
22 comments

Britain now faces its worst ever peacetime fiscal crisis, yet our politicians seem incapable of grasping the seriousness of the situation. Indeed, when Andrew Lansley suggested recently...
John Meadowcroft
18 June 2009
20 comments

Advocates of privatisation have often paid insufficient attention to one of the most important reasons why scholars like Friedman and Hayek argued in favour of privatisation: that people are the...
Peter King
15 June 2009
10 comments

Ronald Reagan famously stated the perfect response that government should make to any crisis: “Don’t just do something, stand there!” This, it seems to me, is still the best...
Richard Wellings
11 June 2009
26 comments

The RMT has once again brought London to a standstill with a 48-hour strike. This is a good example of public choice theory at work, in particular Mancur Olson’s logic of collective action. A...
David B. Smith
10 June 2009
2 comments

Britain now faces one of the most serious fiscal crises in its peacetime history. One reason is that the UK is now caught up in a sudden and severe international recession. However, the government...
Richard Wellings
8 June 2009
8 comments

For several decades the British economy has been hampered by the poor quality of its infrastructure. Whether in transport, education or health, investment has typically been low by international...
James Alexander
5 June 2009
12 comments

The threat of “systemic failure” has been used to justify recent government interventions in the financial sector. Essentially it is a “market-failure” type of argument...