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Mark Pennington
14 January 2011
9 comments

Last month I attended a speech by Richard Thaler, of ‘Nudge’ fame. Professor Thaler is an engaging speaker. His assertion that ‘libertarian paternalism’ is merely an...
Philip Booth
14 January 2011
comments

Another nail was hammered in the coffin of freedom of contract today when the Government confirmed that it was scrapping what it calls the "default retirement age". The "default...
Richard Wellings
13 January 2011
21 comments

Classical liberals can point to numerous examples of robust economic growth coinciding with low taxes and light-touch regulation: Britain in the 18th and 19th centuries; the US before the 1930s;...
Ruth Porter
12 January 2011
comments

The latest edition of the Index of Economic Freedom has just been published, and for the second year in a row the UK has slipped down the rankings. Now with a score of only 74.5, two points...
Kristian Niemietz
12 January 2011
35 comments

Imagine Jean-Jacques Rousseau, Thomas Malthus, Karl Marx and Saddam Hussein were meeting somewhere in the afterlife, deciding to write a joint policy paper. Difficult to imagine? Not at all. The...
Philip Booth
11 January 2011
5 comments

Nick Clegg today said that he understood bonus anger. I think that any sane person also understands bonus anger. It is therefore incumbent upon politicians to explain patiently, and with sensitivity...
Mark Pennington
10 January 2011
7 comments

At the core of my new book, Robust Political Economy: Classical Liberalism and the Future of Public Policy, is a very basic but oft neglected idea – ‘failure’ is endemic to all...
Steven Kates
7 January 2011
8 comments

The recent decisions to retain the ‘Bush tax cuts’ in the United States and to withdraw the trillion-dollar-plus expenditure bill from the American Senate before it was even put to a...
David Campbell
6 January 2011
2 comments

After the failure even to reach an agreement through proper UN negotiating procedures at Copenhagen, expectations for the Cancun conference were so managed down that merely producing the ‘...
Ruth Porter
5 January 2011
2 comments

Today the Prime Minister announced a New Enterprise Allowance to give grants, loans and mentoring to unemployed people trying to start up new businesses. While the focus on the problems facing...
Oliver Knipping
4 January 2011
2 comments

Every year the same thing happens... We all look forward to the upcoming festive season with our families, or even to a well-deserved Christmas break. The festive mood may evaporate rather quickly,...
Philip Booth
4 January 2011
3 comments

It is very clear that the government cannot carry on borrowing at current rates and the coalition’s proposals for reducing government borrowing are prudent. However, today’s VAT rise is...
Richard Wellings
4 January 2011
2 comments

In the context of Britain’s fiscal crisis, today's rise in VAT from 17.5% to 20% may be seen by some as a necessary evil. Moreover, indirect taxes such as VAT are often regarded as less...
Tim Congdon
3 January 2011
1 comment

Since the financial crisis began in autumn 2007 with the Northern Rock fiasco, a consensus narrative has developed. The central theme is that the crisis is to be blamed not on monetary mismanagement...
Philip Booth
23 December 2010
comments

Some economists wonder whether we should give Christmas presents. They argue that having other people deciding what we want is not really efficient. There are several counter arguments to this, of...
Gabriel H. Sahlgren
22 December 2010
comments

This is a response to Mr Francis Gilbert at the Local Schools Network who has questioned my research on Swedish for-profit schools with some relatively surprising arguments. As the author...
Steven Kates
21 December 2010
comments

The Social Network is a wonderfully entertaining film. It may also be – and if it is, it will only have been by accident – the most pro-market film ever produced. The film tells the...
Mark Littlewood
20 December 2010
2 comments

The so-called ‘cuts’ have dominated the political agenda since the coalition government was formed in May. In totality, the cuts are extraordinarily modest, amounting to a real terms...
Philip Booth
17 December 2010
comments

The Government is pressing ahead with another reorganisation of the National Health Service. It is unlikely this reordering of our essentially bureaucrat-driven model will set the world alight....
Steve Davies
16 December 2010
4 comments

A common observation, usually made with a sneer, is that economists know the price of everything and the value of nothing. Thus is anyone who brings economic thinking to bear damned as a heartless...

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