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Richard Wellings
17 June 2010
comments

For perhaps only the second time in its history the IEA will feature in a comic book. The first instance was over a decade ago when Antony Fisher, IEA founder, appeared in such a publication along...
Richard Wellings
19 May 2010
7 comments

Even Margaret Thatcher didn’t manage to dismantle Britain’s disastrous welfare system. Judging by the policy plans of the Lib-Con coalition, there is little reason to be optimistic that...
Richard Wellings
12 May 2010
14 comments

The Conservatives have abandoned their manifesto commitment to raise the Inheritance Tax threshold as part of the coalition deal with the Liberal Democrats. This his highly regrettable....
Richard Wellings
6 May 2010
8 comments

With the opinion polls pointing to a close result and the prospect of a hung parliament, turnout is expected to be relatively high in today’s election. Yet for economists this presents a bit...
Richard Wellings
17 March 2010
6 comments

The heavily publicised deaths of two teenagers in Lincolnshire who took mephedrone (known as “meow meow”) has led to calls for the drug to be banned. Shadow Home Secretary Chris Grayling...
Richard Wellings
15 March 2010
2 comments

The cost of Housing Benefit (HB) has exploded over the last five years, rising from £13.5 billion in 2004/05 to £20 billion in 2009/10. This is a cause for deep concern, not just...
Philip Booth and Richard Wellings
1 March 2010
2 comments

On Friday the Office for National Statistics (ONS) released revised GDP figures for the last quarter of 2009. The BBC and other media outlets reported this as good news as Q4 growth was...
Philip Booth and Richard Wellings
19 February 2010
2 comments

Today’s letters by 60 economists to the Financial Times in support of the government’s policy of delaying cuts in public spending echo the arguments used by mainstream economists during...
Richard Wellings
20 January 2010
3 comments

The news that the UK has dropped out of the top-ten countries in the Index of Economic Freedom should act as a wake-up call to the politicians wishing to form the next government. The country’...
Richard Wellings
13 January 2010
6 comments

Around 235 million passengers passed through Britain’s airports in 2009. Most of those – both arriving and departing – will have experienced significant delays due to security...
Richard Wellings
7 January 2010
14 comments

The current cold snap has led to widespread disruption on Britain’s roads. Much of the network has been left untreated as local authorities have struggled to cope and many routes have been...
Richard Wellings
9 December 2009
6 comments

Alistair Darling is staring into the abyss. Unless he makes severe cuts to government spending there is a real risk he will plunge the UK into another economic crisis. Without a credible commitment...
Richard Wellings
1 December 2009
8 comments

Faced with ambitious climate change targets, the government has decided that nuclear power will play a leading role in supplying the UK’s future electricity needs. Ten new plants will be built...
Richard Wellings
16 November 2009
18 comments

Public spending dominates the economy of the North of England. In the North-East region, for example, it accounts for close to 70% of GDP. Many northern cities seemed to prosper in recent years. The...
Richard Wellings
21 October 2009
4 comments

There is talk of recovery, but little reason for optimism. Government action may have cushioned the initial impact of the recession, but the long-term economic consequences of borrow and spend...
Richard Wellings
24 September 2009
comments

Earlier this month, President Sarkozy announced plans to introduce a carbon tax in France. The UK could follow suit. A widely applied new tax, justified on environmental grounds, could prove popular...
Richard Wellings
10 September 2009
13 comments

From China to California, the current slump has been marked by enthusiasm for high-speed rail. Projects typically form part of some kind of “Keynesian” stimulus package. Here in Britain...
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...
Richard Wellings
29 July 2009
18 comments

The government recently announced a series of measures designed to make Britain a low-carbon economy, including a large expansion of renewable energy (primarily wind), grants for better home...
Richard Wellings
15 July 2009
13 comments

The development economist Peter Bauer famously observed that “Aid is the process by which poor people in rich countries subsidise rich people in poor countries.” Indeed there is a wealth...

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