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Steve Davies
25 October 2011
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Economists notoriously disagree about many things. Trade policy however is an exception. Famously, this is an area of agreement on both theoretical analysis and policy prescription. Such near...
Mark Pennington
24 October 2011
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Last week saw a violent confrontation between gypsies/travellers and the police as the former were evicted from an illegal camp site at Dale Farm, Essex. There is no doubt in my mind that the...
Mark Littlewood
21 October 2011
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  A year has now passed since the government published the results of its Comprehensive Spending Review. Brazenly, Danny Alexander, Chief Secretary to the Treasury, has marked the...
Philip Booth
20 October 2011
9 comments

The corporate tax systems of developed countries are a labyrinthine mess that often leads to double or even triple taxation of investors. Companies can pay corporation tax on their profits; if the...
Mark Pennington
19 October 2011
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Amartya Sen is a great economist and social philosopher whose willingness to recognise a central role for market institutions in securing economic development and individual freedom shows...
Kristian Niemietz
18 October 2011
13 comments

Successful political movements emerge when people with diverging aims can be persuaded that they are really on the same side, that their aims are just different aspects of the same broader cause....
Nima Sanandaji
17 October 2011
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Sweden is often regarded as a country whose policies should be emulated by those in other nations wishing to expand the size of their governments. The reason is that Sweden combines a large public...
Philip Booth
14 October 2011
2 comments

Earlier this week, two bits of bleak news were announced. The first was the huge rise in unemployment. The second – apparently technical and mundane – was the release of detailed...
Peter Urwin
13 October 2011
1 comment

The continued stagnation of the UK economy has led to calls for a less harsh programme of public spending cuts. This line of reasoning is flawed, as any gains from a loosening of the purse strings...
Kristian Niemietz
12 October 2011
1 comment

When measuring an abstract concept, occasional oddities are probably unavoidable. Take inequality, which was a hotly debated topic during the last election campaign. The opposition claimed...
Philip Booth
11 October 2011
10 comments

  Over the last few weeks, most economists have been trying to work out how we can deal with the crisis in the eurozone. Will the banks go bust if there is a sovereign default?...
Nick Silver
10 October 2011
14 comments

  The Treasury has recently published Whole of Government Accounts (WGAs), which for the first time include an estimate of the UK’s actual debt, including pension liabilities. Firstly...
Philip Booth
7 October 2011
2 comments

Recession in the eurozone could trigger widespread sovereign defaults The eurozone sovereign debt situation is on a cliff edge. This may sound like a statement of the obvious given the chaos...
Niggol Seo
6 October 2011
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A recent editorial in the New York Times entitled ‘End the Debt Limit’ calls for an end to the federal debt ceiling in the US and concludes that ‘The debt limit is not...
Tom Papworth
4 October 2011
1 comment

The Chancellor of the Exchequer has announced his latest strategy for rescuing the UK economy, in the form of ‘credit easing’. Credit easing is the equally evil twin of...
Holger Zemanek
3 October 2011
1 comment

Last week the European Commission presented its proposal for a financial transaction tax (FTT) for the EU27. The new tax is supposed to be on all kinds of financial transactions in regulated and...
Philip Booth
30 September 2011
2 comments

In responding to the riots, many prominent public figures have suggested that the problem is a simple one. With regard to the criminals whose despicable behaviour has destroyed livelihoods, they...
Kristian Niemietz
29 September 2011
3 comments

Imagine I conducted a qualitative, interview-based study enquiring into some social problem. Suppose upon reading my report, you realise that by an uncanny coincidence, my interviewees’...
Paul Withrington
27 September 2011
45 comments

The cost of reducing speed is of particular interest since ‘speed’ is said to be a factor in a high proportion (30%) of road accidents. Consequently motorists have been subjected to...
James Croft
26 September 2011
1 comment

In yet another setback to the implementation of the British Conservatives party's free school policy, the leader of their Liberal Democrat coalition partners, Deputy Prime Minister Nick Clegg,...