Kristian Niemietz
18 July 2013

As economists, we are used to looking at summary indicators of living standards – income, expenditure, consumption etc. – and comparing them over time. Such measures are indispensable for...
Graeme Leach
17 July 2013

A key part of EU policy over the last 20 years or so has been the completion of what is described as an ‘internal market’. This involves not just the removal of explicit trade barriers...
Philip Booth
16 July 2013

Within two years of entering the European Economic Community (EEC) in 1973, there was strong public support for Britain’s membership. In the 1975 referendum on the issue, 67 per cent voted to...
Pete Comley
15 July 2013

If you look at UK inflation over the last few centuries, you are immediately struck by the change that occurred after 1945. Until then, inflation took place mainly during major wars and then periods...
Philip Booth
12 July 2013
1 comment

The aspect of the tax avoidance debate which most exercises organisations such as Christian Aid is the issue of the taxation of companies with subsidiaries in poor countries. Christian Aid links tax...
e-cigarettes, snus, harm reduction
Christopher Snowdon
11 July 2013

Are free markets incompatible with good health? To hear some of the rhetoric that comes from the medical establishment, you might think so. If the solution to every problem involves banning...
John Blundell
10 July 2013

This week marks the 25th anniversary of the death of Sir Antony Fisher, founder of the Institute of Economic Affairs and the Atlas Economic Research Foundation. Antony Fisher was a very charming man...
Kristian Niemietz
8 July 2013

Shadow Business Secretary Chuka Umunna is the latest politician to jump on the anti-retail-chain bandwagon, claiming that Britain is ‘in danger of sleepwalking towards monostreet’. Umunna...
John Burton
5 July 2013
1 comment

During a briefing on 5 November 2008 - conducted with big wall-chart graphs - about the ongoing financial ‘crunch’, the Queen dropped a (bombshell) question on the assembled throng of...
Alberto Mingardi
4 July 2013

Although he was used to dining with friends every Sunday, on one occasion Adam Smith ‘retired to bed before supper; and, as he went away, took leave of his friends by saying “I believe we...
Philip Booth
3 July 2013
1 comment

Google Cameron global race and you get a depressing 33,000,000 responses. Google Osborne global race and you get a depressing 2,650,000 responses. Apparently, the ‘global race’ is going...
Steve Davies
2 July 2013

Payday loans and pawnbrokers are a common feature of the nation’s high streets today, as they have been for centuries.  Recently however they have experienced something of a boom. Now they...
Kyn Aizlewood
1 July 2013

Every winter, the demand for local A&E services rises, reflecting a range of underlying epidemiological factors as well as choices that we make in order to access healthcare. The press has widely...
Kristian Niemietz
28 June 2013

Most people who have had to adjust their spending behaviour after a substantial loss of income probably observed two things. Firstly, the 'lawnmower method' – cutting expenditure across...
Barrie M. Craven, Michael L. Marlow and Alden F. Shiers
27 June 2013

Excessive alcohol consumption is associated with many deleterious effects on individual health.  Its negative impact on wider society includes crime (including domestic violence), drunk driving...
Kristian Niemietz
26 June 2013

Would you like to receive something for free? Or would you prefer to pay for it, out of your own pocket? Phrased in those terms, the issue of top-up payments for medical treatments appear to be a no-...
Kristian Niemietz
25 June 2013

Contributory welfare has become the latest fad in Westminster village. Labour politicians are in favour of it, Conservative politicians are in favour of it, think tanks are in favour of it, and they...
Razeen Sally
24 June 2013

The US, EU and China are the Big Three in the world. Since the global financial crisis, the conventional wisdom is that the US and EU are in decline, while China races ahead. I would turn this...
Philip Booth
21 June 2013

  When it comes to the debate on tax avoidance, the coalition seems to struggle in two respects. The first problem is that the government seems unable to articulate the idea that the main...
J. R. Sargent
20 June 2013

There was a time when it was normal for the productivity of labour in the UK to be rising year by year, and for money wages increases to reflect this by forging ahead of price increases. The last...

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