Blog

Search

Mark Pennington
1 February 2012
comments

The mention of public choice theory to those on ‘the left’ of politics can prompt a variety of reactions. Some are based on ignorance about the very existence of public choice economics...
Philip Booth
31 January 2012
3 comments

Apparently, the World Economic Forum – a pre-skiing holiday talking shop for many of its attendees - exists as “an independent international organization committed to improving the...
Tom Papworth
26 January 2012
2 comments

Over at the Adam Smith Institute blog, Jan Boucek has a typically pugnacious article slapping down the Prime Minister for relying on ‘market failure’ as an excuse to meddle in the...
John Blundell
18 January 2012
4 comments

Why it took National Lottery funds to make this movie and what Americans make of the opening credit are questions I cannot answer. And this is a very hard movie to review by somebody such as myself...
Ruth Porter
16 January 2012
comments

When it comes to happiness, myths abound. For centuries we have hotly debated what makes a good life, where satisfaction ultimately comes from and fundamentally how we can be happy. The...
Philip Booth
16 January 2012
comments

A major policy plank in the re-branding of the Conservative Party has been the adoption of well-being economics – one of the favourite fads of the left. Six years ago, David Cameron made a...
Chris Snowdon
13 January 2012
20 comments

  The New Economics Foundation recently revived its idea of restricting working hours to 21 hours per week as a means of creating full employment and achieving the work-life balance that is...
Len Shackleton
12 January 2012
comments

Mark Blaug was the leading historian of economic thought of his generation, and the successive editions of his Economic Theory in Retrospect make the insights of the classical economists accessible...
Steve Davies
3 January 2012
4 comments

  A lot of people are looking to economic history for help in understanding the current economic situation. Most attention is being paid to the Great Depression of the 1930s, with a slew of...
Nick Hayns
13 December 2011
comments

It seems to be something of a truism in politics that if an untruth is repeated loud enough and with enough frequency it becomes imbued with a de-facto plausibility. 'It must be a good idea if...
Ángel Martín Oro
12 December 2011
1 comment

Almost everyone expected the Socialist Party to lose the recent Spanish elections by a wide margin. Their mismanagement of the economic crisis destroyed their credibility with the Spanish people,...
Kristian Niemietz
8 December 2011
2 comments

In very cautious terms, Deputy Prime Minister Nick Clegg has questioned the current set of universal benefits for the elderly. This is a major deviation from what has thus far been the coalition...
Philip Booth
7 December 2011
3 comments

The BBC’s coverage of the National Social Survey shows the BBC at its very worst. It has completely misrepresented the survey to promote its own political worldview that we are becoming more...
Philip Booth
6 December 2011
1 comment

Thirty years ago, the economics profession was dominated by naive Keynesians. The author of the standard textbook at the time, used by the majority of A-level students and first-year undergraduates...
Len Shackleton
2 December 2011
1 comment

Despite the increasingly worrying position of the public finances, the urge to spend more appears to be hardwired into politicians and can be resisted only with the greatest of exertions. One area...
Kristian Niemietz
1 December 2011
1 comment

‘Britain’s poorest families have been abandoned today and left to face the worst’, goes the opening line of the Child Poverty Action Group’s (CPAG) response to the...
Richard Wellings
30 November 2011
2 comments

The Autumn Statement showed that George Osborne has failed to grasp the gravity of the economic crisis facing the UK. Urgent action was needed to brace the economy for double-dip recession and the...
Stephen Michael MacLean
25 November 2011
2 comments

Students of public choice theory will recognise the rationale behind the Canadian government’s recent effort to cut waste. In response to an access-to-information request, the Treasury...
Paul Ormerod
9 November 2011
comments

To many people, this phrase is an oxymoron. How can fiscal contraction be expansionary? But the evidence suggests that this is exactly what has been happening in the United States. In terms of...
Kristian Niemietz
7 November 2011
2 comments

A group of American conservatives have set up an initiative called 'We are the 53%', echoing the Occupy movement's 'We are the 99%' slogan. The name is an allusion to the fact...