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James Croft
19 September 2012
4 comments

Michael Gove is one of those reforming politicians who galvanises support by polarising opinion. In the media frenzy surrounding the announcement of the government’s reforms to Key...
Philip Booth
19 September 2012
5 comments

  Monday night's BBC documentary Keynes in the Masters of Money series will be followed by two others on Hayek and Marx. The first programme was brilliantly presented by Stephanie...
G. R. Steele
18 September 2012
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  President Obama’s 2009 stimulus has been a disappointment: the Keynesian response is that it failed because it was not big enough. So, now we have Ben Bernanke’s rescue act:...
Eduardo Belgrano
17 September 2012
2 comments

  We are so accustomed to our present currency system that it is difficult to imagine a system of more than one currency circulating side by side. However such a monetary system has existed...
Juan Ramón Rallo
14 September 2012
1 comment

  Living on debt is a Western disease which has been fuelled by the universalisation of inconvertible paper money. Obviously, Spain has not been immune, as anyone can clearly check by...
Kristian Niemietz
13 September 2012
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  In 1997, I knew next to nothing about politics, and even less about British politics. But I remember the debates about the ‘Third Way’ quite vividly. For some, the Third Way...
Christopher Snowdon
12 September 2012
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They say that laws are like sausages, it is better not to see how they are made. If so, the 2005 Gambling Act was of the supermarket own-brand, ‘sixteen for a pound’ variety. It began...
Len Shackleton
11 September 2012
2 comments

Last week Ed Miliband suggested that a new Labour government could introduce a requirement for all government contractors to pay a ‘living wage’ well in excess of the national minimum...
John Meadowcroft
10 September 2012
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One of the most important contemporary debates in political economy concerns the impact of the market on culture and the allegation that unfettered market forces will supply ‘dumbed-down...
Kristian Niemietz
7 September 2012
4 comments

There is a game, in the style of Trivial Pursuit, where one card reads something like: ‘Paul extinguished the flames by pouring champagne over them. That was efficient. Right or wrong...
John Blundell
6 September 2012
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Up until prohibition, Guatemala, China, and Russia were the last three remaining countries with a well-developed legal market in international adoptions. All other nations that had once allowed...
Duncan Stoddard
4 September 2012
79 comments

  ‘Buy land, they're not making it anymore.’ - Mark Twain The UK economy is beset by three compounding problems: no growth, a high deficit and a constricting...
Len Shackleton
3 September 2012
4 comments

  I hold no brief for London Metropolitan University (LMU), which has been poorly managed for a long time. Nevertheless I feel that the UK Border Agency’s decision to remove its Highly...
Philip Booth
31 August 2012
2 comments

Once again, we hear calls for a wealth tax not just from Nick Clegg and Simon Hughes, but also from Tim Montgomerie. These calls cannot go unchallenged. A wealth tax is a pernicious tax because...
Prerna Aswani
29 August 2012
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Under the Reagan Presidency (1980-1988), income tax was cut across the board and the top rate of income tax reduced from 70% to 28%. The dramatic nature of the change in tax policy makes this a...
Nima Sanandaji
28 August 2012
2 comments

  Sweden and other Nordic nations are often regarded as role models whose policies should be copied by others. The reason is simply that these countries are characterised by good social...
Tom Papworth
24 August 2012
1 comment

George Monbiot has set out his cartoonish manifesto on the Guardian website. He paints a picture of ‘what the world will look like after capitalism’, beginning with this very helpful...
Alexander de Ville
23 August 2012
1 comment

In June, the European Commission drew attention to the increase in protectionist tendencies worldwide. It claimed that over the previous eight months 123 new trade restrictions had been put in...
Richard Wellings
22 August 2012
4 comments

Relying on growth was always going to be a risky strategy. Yet a healthy recovery, with robust GDP increases of 2%-plus, formed the core of the government’s deficit reduction plan. In this...
James Stanfield
21 August 2012
9 comments

Consider the following from an editorial in a national newspaper: ‘Educating children should not be for profit - learning has always been separate from the forces of the free market. And that...