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Philip Booth
18 September 2013
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Economists should be humbled by Friedrich Hayek’s famous plea: “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design...
Kristian Niemietz
6 September 2013
1 comment

Unemployment and underemployment in the UK are still far too high. But given the circumstances, the UK’s labour market is in a far better shape than we might have expected. In much of Europe,...
Philip Booth
23 August 2013
2 comments

Once again, a major mis-selling scandal has broken out, with 13 high street banks and credit card issuers facing a £1.3bn redress bill for mis-sold card protection policies. No amount of...
Christopher Snowdon
22 August 2013
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A register of lobbyists would be an expensive bureaucratic folly that would serve no useful purpose. There may be a perception that lobbying in Britain is of scandalous proportions, but that does not...
Kristian Niemietz
21 August 2013
1 comment

Monday saw the release of a report by the Child Poverty Action Group (CPAG) showing what many already expected. In recent years, child-related expenses have risen considerably, with the cost of...
Steve Davies
20 August 2013
4 comments

There are some ideas that keep on coming back, even though they are foolish and have always had bad results whenever they are tried. Rent control is one of these. Whenever it has been tried it has...
Len Shackleton
2 August 2013
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I wonder what those famously cynical private eyes Sam Spade and Philip Marlowe would have made of the new regulations which Theresa May is imposing on their British equivalents? It was announced this...
Kristian Niemietz
1 August 2013
2 comments

  Milton Friedman once observed that, “with some notable exceptions, businessmen favour free enterprise in general, but are opposed to it when it comes to themselves.” With this in...
Kristian Niemietz
25 July 2013
3 comments

The battle of the generations is raging. Did the Baby Boomers have an easier life? Or are the cosseted members of Generation Y – the demographic cohort born from the early 1980s onwards...
e-cigarettes, snus, harm reduction
Christopher Snowdon
11 July 2013
3 comments

Are free markets incompatible with good health? To hear some of the rhetoric that comes from the medical establishment, you might think so. If the solution to every problem involves banning...
Kristian Niemietz
8 July 2013
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Shadow Business Secretary Chuka Umunna is the latest politician to jump on the anti-retail-chain bandwagon, claiming that Britain is ‘in danger of sleepwalking towards monostreet’. Umunna...
Steve Davies
2 July 2013
4 comments

Payday loans and pawnbrokers are a common feature of the nation’s high streets today, as they have been for centuries.  Recently however they have experienced something of a boom. Now they...
Barrie M. Craven, Michael L. Marlow and Alden F. Shiers
27 June 2013
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Excessive alcohol consumption is associated with many deleterious effects on individual health.  Its negative impact on wider society includes crime (including domestic violence), drunk driving...
Christopher Snowdon
12 June 2013
1 comment

It is brave for a lobby group that has a long track record of using dodgy surveys, junk science and misleading press releases to release a report entitled Stick To The Facts, but that is what state...
Len Shackleton
10 May 2013
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  It may sound incredible given the current political debate, but the UK government now spends more as a percentage of GDP on childcare than all European countries except Denmark. Yet the...
Richard Wellings
9 May 2013
48 comments

If major roads were privately owned and freed of government regulation, the setting of speed limits would be a commercial decision. Entrepreneurs would seek to attract customers to their routes in...
Kristian Niemietz
2 May 2013
2 comments

Nobody quite remembers when and why this law originally came to pass, but at some point in the distant past, the government of Analogistan introduced a nationwide statutory limit on the amount of...
Philip Booth
1 May 2013
3 comments

In 2008 the United Kingdom's Treasury department, writing about the potential 'benefits' of Solvency II, said: "Solvency II is based on a three-pillar approach used in the Basel II...
Philip Booth
26 April 2013
3 comments

Of course, more regulation is just what the British economy needs. In particular, we need more regulation of those very small businesses that are struggling to get access to finance. Those routes...
Christopher Snowdon
24 April 2013
3 comments

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...