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Nick Silver
6 January 2009
22 comments

The UK has recently undergone a banking crisis, the reasons for which have been much analysed, but basically boil down to a mixture of liquidity problems (banks unwilling to lend to each other) and...
Richard Wellings
5 January 2009
4 comments

Will a green ‘New Deal’ help get Britain out of recession? The Liberal Democrats, for example, have proposed the reopening of disused railway lines as a means of boosting the economy....
Donald J. Boudreaux
27 December 2008
2 comments

Shopping-mall Santas remind me of politicians. No joke. Consider the similarities: each Santa sits upon a throne and receives from strangers demands for free goodies. Each child who asks for things...
Richard Wellings
16 December 2008
22 comments

Following the bailout of several banks, the government is now considering measures to ‘save’ the British car industry. Such a bailout would be wrong in itself but would also set a very...
Philip Booth
8 December 2008
7 comments

Pope Pius IX had everything modern in his sights when he wrote the Syllabus of Errors and related encyclicals. It was not just socialism that came in for a pasting and I am sure he would have been...
Nick Silver
26 November 2008
24 comments

If you are a company, you have to include pensions liabilities as a debt in your accounts. However, governments, while professing to follow private sector practices in their accounts, turn a blind...
Richard Wellings
25 November 2008
14 comments

One of the most noteworthy elements of the 2008 Pre-Budget Report was the planned increase in income tax rates to 45% for those earning over £150,000. This measure is intended to...
Philip Booth
14 November 2008
10 comments

In each of the last two weeks the IEA has hosted panel discussions in front of packed houses. Last week the topic was public sector pensions and this week it was the Third Heathrow Runway....
Richard Wellings
11 November 2008
15 comments

The last century has seen a steady expansion of the ‘nanny state’, a process that has arguably accelerated in the last decade. A ‘banning culture’ has developed, with...
Martin Ricketts
10 November 2008
6 comments

The recent death of Norman Barry is a great loss to the cause of classical liberalism. For Norman was one of its most effective advocates. He was a rare example of a person who was a master of the...
Philip Booth
6 November 2008
6 comments

The 1.5% interest rate cut came as a bit of a surprise to most people. However, we are in new territory and it is territory with which those economists who love their macroeconomic forecasting...
Kristian Niemietz
6 November 2008
6 comments

This Sunday will be the 19th anniversary of the fall of the Berlin Wall – one of the greatest victories for freedom in contemporary history, and a powerful reminder that huge advances in...
Richard Wellings
24 October 2008
6 comments

Alistair Darling’s proposed spending spree on bringing forward major capital projects suggests the government is prepared to sacrifice the economy’s long-term interests for short-term...
John Blundell
22 October 2008
comments

This is the best non-partisan short book on “Thatcherism” and the 1979-1990 era to have appeared to date. It is wide ranging, all encompassing, massively referenced with a great Bibliography and...
Richard Wellings
9 October 2008
10 comments

The British government unwisely entered the current slowdown with a sizeable budget deficit. Recent bank bailouts are likely to push the national accounts further into the red and increased...
Terry Arthur
2 October 2008
comments

David Cameron and George Osborne may be shifting on “sharing the proceeds of growth” but they can’t bring themselves to “come out” for wholesale tax reduction. Yet my...
Kristian Niemietz
1 October 2008
2 comments

In the introduction to The Revolution – A Manifesto, the Republican enfant terrible Ron Paul describes the limited set of choices presented to US voters in most elections: more public spending...
John Blundell
19 September 2008
4 comments

I once heard Sudha Shenoy described as the original pin-up model of the “Austrian” school of thought in economics. Whatever the merits of that description, she was certainly a...
Terry Arthur
16 September 2008
4 comments

Dr DeAnne Julius’s recent review of the UK Public Services Industry (PSI) tells us that the outsourcing of government services is an industry which has grown to £80 billion of annual...
John Meadowcroft
9 September 2008
6 comments

In a letter to The Times on 8 August 1980, the IEA’s founder Editorial Director Arthur Seldon made the following three predictions: The Soviet Union will not survive the century China will go...