Carlo Stagnaro
23 October 2013

The British government has just given the green light to the Hinkley Point C nuclear power station in Somerset. The £16 billion project will be undertaken by a consortium led by the French...
Keith Boyfield
15 October 2013

If you visit Equatorial Africa one of the first things you notice is the profusion of oil palm trees growing wild. The locals harvest the highly nutritious fruit for a variety of uses including the...
Roger Bate
10 October 2013
1 comment

Twenty years ago I established the Environment Unit at the IEA to present a free-market alternative to the general doom and gloom and socialist militancy of many greens. We pursued projects on the...
Kristian Niemietz
9 October 2013

Airport expansion is almost always unpopular among local residents. It is possible to build whole political careers on anti-airport sentiments, as the example of Zac Goldsmith, MP for Richmond Park...
Colin Robinson
25 September 2013

It is nearly seventy years since Friedrich Hayek dedicated The Road to Serfdom to ‘the socialists of all parties’. Sadly, socialism remains alive and well, and nowhere more so than in the...
Kristian Niemietz
20 September 2013
1 comment

Critics of mass tourism and mass air travel have won the debate. While there is no shortage of opinion leaders who support airport expansion, their arguments are almost always defensive and reactive...
David S. D’Amato
11 September 2013
1 comment

In the face of mounting doubts as to the merits of High Speed 2 (HS2), Transport Secretary Patrick McLoughlin continues to maintain that the advantages of the mammoth project are ‘absolutely...
Kristian Niemietz
9 September 2013

Climate change is a poor excuse for blocking airport expansion There are two standard arguments against airport expansion, whether at Heathrow or elsewhere: 1.    It would lead to...
John Burton
3 September 2013

The recent IEA evaluation of the High Speed 2 project has presaged much further criticism of this serious misadventure. A former Transport Secretary/Chancellor, Alistair Darling, has described the...
Kristian Niemietz
29 August 2013
1 comment

  The economic debate about airport expansion has become a proxy war, fought by both sides with proxy arguments. When somebody tells you that they are for/against airport expansion because of X...
Richard Wellings
19 August 2013

In a 1965 book, The Logic of Collective Action, the American economist Mancur Olson explores the impact of special interest groups on the political process. Olson’s hypotheses are derived from...
Peter Kain
30 July 2013

We are conditioned to accept that as projects such as High Speed 2 (HS2) are progressed, the cost estimates will rise. This, of course, invalidates a cost-benefit analysis – unless benefits are...
Kristian Niemietz
17 June 2013
1 comment

  Apparently unaware of Ed Miliband’s recent announcements that a Labour government would cut the Housing Benefit bill by building more homes, shadow community secretary Hilary Benn...
Gabriel Roth
14 June 2013
1 comment

Governments do not always support mobility. The Duke of Wellington objected to railways because they would "only encourage the lower classes to move about needlessly". United States...
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 only...
Martin Cassini
15 February 2013

Between 2000 and 2008 the number of traffic light installations in the UK rose by over 30%, boosted by an additional 1800 sets imposed on London’s streets under Ken Livingstone. There are now...
Richard Wellings
22 January 2013

Taxpayer subsidies to the rail sector have reached astronomical levels. At £6 billion per year (including Crossrail), they have roughly trebled in real terms over the last twenty years. But...
Mark Pennington
10 December 2012
1 comment

Throughout her career the late Elinor Ostrom was keen to avoid crude ideological labelling, and the title of her 2012 Hayek Lecture ‘beyond market failure and government...
Kristian Niemietz
30 November 2012

  With the benefit of hindsight, articles on inflation from pre-monetarist days can make a very amusing read. Back then, economic journalists were essentially arguing that inflation is...
Richard Wellings
23 November 2012

Today’s agreement on energy policy, ahead of the forthcoming introduction of the Energy Bill, shows the government remains committed to meeting ambitious targets on greenhouse gas...