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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
comments

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
comments

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
comments

  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...
Eric Crampton
22 April 2013
comments

New Zealand introduced deposit insurance in 2008, during the recent financial crisis. In the middle of an election campaign, and terrified that the failure of some finance companies could lead to...
Philip Booth
10 April 2013
comments

There is a myth gaining traction that Margaret Thatcher’s deregulation of the City through the Big Bang in 1986 ultimately led to the crash of 2008. This is part of the reductionist...
John Blundell
9 April 2013
comments

There are so many popular myths about Lady Thatcher and the IEA it is hard to know where to start in unbundling them all. So let’s start with Lady T. herself. Her father Alf Roberts was a...
Nick Silver
8 April 2013
5 comments

Last week two new financial regulatory bodies were launched, the Prudential Regulation Authority and the Financial Conduct Authority, to replace the last (failed) one – the Financial Services...
Stephen Davies
2 April 2013
1 comment

Given recent events and the continuing travails of the world economy, widely seen as having their origins in the financial sector and the troubles of the banks in many parts of the world, it is not...
Philip Booth
26 March 2013
1 comment

Countries often impose extreme “temporary” policies in emergencies. In Britain, emergency rent controls, passed in 1917, were not substantially amended until 1988. In the Second...
Steve Davies
7 March 2013
3 comments

The government yesterday announced major plans to clamp down on the practices of payday loan companies like Wonga. Although sensibly deciding against a cap on interest rates, restrictions on...