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Mark Pennington
11 November 2011
5 comments

Recently I looked at some data on the changes in top division/Premier League footballers (soccer players for Americans) pay between 1985 and 2010 here in the UK. According to figures compiled by...
Kristian Niemietz
10 November 2011
4 comments

It was Albert Einstein who once said: ‘The definition of insanity is doing the same thing over and over again and expecting different results each time.’ He did not have social policies...
Paul Ormerod
9 November 2011
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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...
Philip Booth
8 November 2011
1 comment

It is widely expected that the Prime Minister is going to start calling for a more moral form of capitalism. I have a simple test of whether a politician is trying to debate, or avoid, tough policy...
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...
Alberto Mingardi
4 November 2011
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The European debt crisis is bringing Italy into uncharted waters. With an over-400 basis point spread between Italian bonds and German bunds, a 1,900 billion euro public debt, and zero growth...
James Stanfield
3 November 2011
2 comments

The recent call to cap the number of charity shops on Britain's high streets sheds light on some of the hidden costs and unintended consequences of charitable giving and the fact that too much...
Terry Arthur
2 November 2011
4 comments

‘Britain is today experiencing the longest period of sustained economic growth since records began in 1701.’ Gordon Brown, Budget Speech, 16th March 2005 Economic growth, or just...
Philip Booth
1 November 2011
1 comment

In the midst of a eurozone sovereign debt crisis - caused largely by government profligacy - it is not surprising, but it is regrettable, that the German Finance Minister should call for more...
Kristian Niemietz
31 October 2011
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The New Economics Foundation (NEF) has earned itself a reputation as the sworn enemy of economic growth and consumption. In blending neo-Malthusian resource alarmism with relentless nagging about...
Len Shackleton
28 October 2011
1 comment

  The Coalition is already planning to lengthen the qualifying period of employment before people can claim they have been unfairly dismissed from one year to two years. It is also proposing...
Richard Wellings
27 October 2011
3 comments

European leaders are advocating greater fiscal integration in response to the ongoing euro crisis. Despite their professed euroscepticism, David Cameron and George Osborne have offered their...
Philip Booth
26 October 2011
9 comments

Since fox-hunting became illegal, banker bashing has become a new blood sport. Not only is the typical banker portrayed as being greedy, much of what he produces is said to be ‘socially...
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...