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Kristian Niemietz
30 September 2015
3 comments

Last Saturday, several hundred anti-gentrification protesters attacked a ‘hipster’ café in Shoreditch, throwing paint bombs against the windows, and trying to throw a smoke bomb...
Ryan Bourne
29 September 2015
1 comment

Jeremy Corbyn’s Labour Party has a new economic committee, made up of high-profile names such as Danny Blanchflower, Simon Wren-Lewis, Thomas Piketty, Joseph Stiglitz and Mariana Mazzucato. As...
Kristian Niemietz
18 September 2015
3 comments

“Nobody advocates socialism anymore. It is now all just about reforming capitalism.” I must have heard this lazy cliché in hundreds of variations. I've never had much time for...
Christopher Snowdon
11 September 2015
2 comments

The general secretary of the Trade Union Congress, Frances O’Grady, said last year that Britain is a country in which ‘inequality soars’ and ‘social mobility has hit reverse...
Steve Davies
9 September 2015
comments

Dr Steve Davies, Educational Director at the IEA, looks at organised sport, and how they have overcome economic and social issues with innovative private regulation, rather than requiring government...
Ryan Bourne
4 September 2015
1 comment

In recent times the government has chosen to jump on the bandwagon of supposed ‘scandals’ regarding business practices. A couple of weeks ago it was the furore surrounding boarding passes...
Ryan Bourne
1 September 2015
comments

Unlike many other advocates of free markets, I quite like Channel 4 News economics editor Paul Mason. His journalistic approach, informative yet editorialised towards his own opinions, is...
Matthew McCaffrey
28 August 2015
comments

House Greyjoy in Game of Thrones is the ultimate symbol of statist economics. Their family motto 'We de not sow' (meaning 'We do not produce wealth, we plunder it'), their contempt...
Ryan Bourne
27 August 2015
1 comment

We live in a world where big ideas are disdained. The term ‘ideologue’ is hurled as abuse, and mainstream politicians embrace ‘pragmatism’ and tell us they are not interested...
Ryan Bourne
25 August 2015
6 comments

"Jeremy Corbyn wins economists’ backing for radical plan” thundered the Observer’s front page on Sunday. As I meandered around the supermarket, I did a double-take. Would...
Ryan Bourne
12 August 2015
6 comments

Labour leadership contender Jeremy Corbyn has called for a “public debate” about renationalisation, in particular of the railways but even of energy firms. As with others occupying the...
Joshua Woods
30 July 2015
5 comments

When economists talk about the UK economy, the discussion tends to be framed in terms of the ongoing recovery from the financial crisis and its associated recession. That crisis and the vivid images...
Ryan Bourne
28 July 2015
2 comments

The Republican Party must be tearing its hair out. For years, visitors from the US have extolled the strength of the party’s potential Presidential candidates for 2016. The pack is certainly...
Steve Davies
13 July 2015
3 comments

As things stand it seems the saga of negotiations between the Greek government and its creditors has arrived at a denouement. But this is almost certainly not a conclusion. We can expect this show to...
Kristian Niemietz
10 July 2015
1 comment

“Strikes have the added benefit that they give people a nice opportunity to signal their ideology to others”, a friend of mine tweeted yesterday. At least as far as my timelines on...
Christopher J. Coyne and Rachel L. Coyne
8 July 2015
comments

Advertisements pervade our daily lives. Businesses invest a significant amount of resources in attempting to attract customers. Consider Figure 1 which shows the advertising spending per person...
Steven Horwitz
6 July 2015
comments

One thing that has always struck me about behavioural economics are the parallels to arguments about market failure (such as externalities). Much of behavioural economics shows us that economic...
Christopher Snowdon
25 June 2015
1 comment

In a classic Beyond the Fringe sketch, Peter Cook is a cult leader sat atop a mountain awaiting the end of the world. When the predicted apocalypse fails to arrive, he turns to his followers and says...
Ryan Bourne
22 June 2015
3 comments

History doesn’t repeat itself, but it does rhyme. On 12 June, 79 economists wrote to the Guardian condemning George Osborne’s plans to run budget surpluses “in good times...
Philip Booth
15 June 2015
2 comments

On 12th June, the Guardian published a letter from 79 economists, including David Blanchflower, Thomas Piketty, Mariana Mazzucato and Ha-Joon Chang. The 79 argue that George Osborne’s proposals...