Steven Kates
25 April 2013

I was given a copy of John Kenneth Galbraith's 1975 treatise which goes by the name of Money: Whence it Came, Where it Went. And there on pages 218-19 we find this: ‘Until Keynes, Say...
Christopher Snowdon
24 April 2013

More than fifty years have passed since bookmakers and casinos were legalised in Britain, but gambling remains at least partially taboo in some quarters. Few now remember the concerns raised about...
Philip Booth
23 April 2013

Today the Treasury has released a report on the potential currency arrangements for an independent Scotland. Here, I will leave aside the issues of who ‘owns’ the Bank of England and...
Eric Crampton
22 April 2013

New Zealand introduced deposit insurance in 2008, during the recent financial crisis. In the middle of an election campaign, and terrified that the failure of some finance companies could lead to...
Len Shackleton
19 April 2013

  It was interesting to read in The Times this week that many American companies which offer health insurance are fining employees who do not maintain their weight below a certain...
Kristian Niemietz
18 April 2013

The purpose of a think tank – the clue is in the name – is to think big and holistically. When others talk about the colour of the curtains, we are supposed to be talking about the...
Kristian Niemietz
17 April 2013

The conventional wisdom in the mainstream poverty literature is that Margaret Thatcher’s policies caused an explosion of poverty. As one standard work puts it: ‘During the 1960s, just...
Stephanie Lis
16 April 2013

In economically uncertain times, the government should strive to remove all blockages to employment, not create more. The national minimum wage is one such blockage. Whilst forced pay hikes may...
Philip Booth
12 April 2013

Today the IEA published a monograph, The Euro: the Beginning, the Middle and…the End? Given the meeting of EU finance ministers today, there is certainly some food for thought in the...
Kristian Niemietz
11 April 2013
1 comment

The Right-to-Buy programme, which enabled council tenants to buy the home they lived in at a discount price, was one of Margaret Thatcher’s less controversial policies during her time...
Philip Booth
10 April 2013

There is a myth gaining traction that Margaret Thatcher’s deregulation of the City through the Big Bang in 1986 ultimately led to the crash of 2008. This is part of the reductionist...
John Blundell
9 April 2013

There are so many popular myths about Lady Thatcher and the IEA it is hard to know where to start in unbundling them all. So let’s start with Lady T. herself. Her father Alf Roberts was a...
Nick Silver
8 April 2013

Last week two new financial regulatory bodies were launched, the Prudential Regulation Authority and the Financial Conduct Authority, to replace the last (failed) one – the Financial Services...
Kristian Niemietz
5 April 2013
1 comment

Critics of the NHS often find it frustrating how emotional many otherwise completely reasonable people become when it comes to the health service. True, healthcare is always and everywhere an...
Philip Booth
4 April 2013
1 comment

Nigel Lawson once said that the NHS is the closest thing the English have to a religion. Of course, we also have the established church. And, indeed, the established church seems to see the NHS as...
Kristian Niemietz
3 April 2013

These are frustrating times to be a Guardian journalist. The welfare cuts, which the paper has been fighting so hard, are now taking effect – and the public’s response does not remotely...
Stephen Davies
2 April 2013
1 comment

Given recent events and the continuing travails of the world economy, widely seen as having their origins in the financial sector and the troubles of the banks in many parts of the world, it is not...
Paul Withrington
29 March 2013

Today marks the fiftieth anniversary of the publication of The Reshaping of British Railways, better known as the Beeching Report. Dr Beeching pointed out that 30 per cent of route miles carried...
Wayne A. Leighton
28 March 2013
1 comment

In 1996, Guatemala adopted one of the most market-oriented telecom reforms in the world. The benefits to the country followed quickly as coverage expanded, competition surged, and prices plummeted...
Philip Booth
26 March 2013
1 comment

Countries often impose extreme “temporary” policies in emergencies. In Britain, emergency rent controls, passed in 1917, were not substantially amended until 1988. In the Second...