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Kristian Niemietz
2 October 2012
1 comment

Inequality worries a lot of people. According to the British Social Attitudes Survey, nearly four out of five respondents think the gap between the top and the bottom is too large. 57% believe the...
Len Shackleton
1 October 2012
2 comments

It is very difficult to deregulate the labour market. Here is a timely case in point – the continuing existence of the Agricultural Wages Board, which sets the new rates of pay for various...
Kevin Dowd
28 September 2012
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  I am very grateful to the IEA for making Private Money available as a free download on the web. On looking back over it – it was written and published in 1988 - I am struck by how...
Kristian Niemietz
27 September 2012
6 comments

You have probably seen this video here, where Paul Krugman explains why the threat of an alien invasion could be a good thing. It would lead to the kind of stimulus package he wants: politicians...
Philip Booth
26 September 2012
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It is difficult to think of a policy that is as ill-conceived on so many levels as the coalition's announcement on Sunday to encourage parents to guarantee their children's mortgages....
Philip Booth
25 September 2012
4 comments

  Last night’s BBC programme on F. A. Hayek was interesting and, like the Keynes programme, gave the subject a fair crack of the whip. It is not by way of criticism that I write this...
Christopher Snowdon
24 September 2012
1 comment

  The pressure group Hope Not Hate is celebrating the news that the British National Party will be denied €100,000 of European Union funding. After lobbying from the organisation, the...
Philip Booth
21 September 2012
26 comments

I was surprised to see The Times run a front page, a three page feature and a leader on tax avoidance yesterday. The arguments used by The Times, and the specific examples highlighted were...
Len Shackleton
20 September 2012
4 comments

  Patrick McLoughlin and Michael Gove are competent and well-thought-of Secretaries of State. As Conservatives, they presumably assert from time to time generalities about the virtues of...
James Croft
19 September 2012
4 comments

Michael Gove is one of those reforming politicians who galvanises support by polarising opinion. In the media frenzy surrounding the announcement of the government’s reforms to Key...
Philip Booth
19 September 2012
5 comments

  Monday night's BBC documentary Keynes in the Masters of Money series will be followed by two others on Hayek and Marx. The first programme was brilliantly presented by Stephanie...
G. R. Steele
18 September 2012
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  President Obama’s 2009 stimulus has been a disappointment: the Keynesian response is that it failed because it was not big enough. So, now we have Ben Bernanke’s rescue act:...
Eduardo Belgrano
17 September 2012
2 comments

  We are so accustomed to our present currency system that it is difficult to imagine a system of more than one currency circulating side by side. However such a monetary system has existed...
Juan Ramón Rallo
14 September 2012
1 comment

  Living on debt is a Western disease which has been fuelled by the universalisation of inconvertible paper money. Obviously, Spain has not been immune, as anyone can clearly check by...
Kristian Niemietz
13 September 2012
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  In 1997, I knew next to nothing about politics, and even less about British politics. But I remember the debates about the ‘Third Way’ quite vividly. For some, the Third Way...
Christopher Snowdon
12 September 2012
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They say that laws are like sausages, it is better not to see how they are made. If so, the 2005 Gambling Act was of the supermarket own-brand, ‘sixteen for a pound’ variety. It began...
Len Shackleton
11 September 2012
2 comments

Last week Ed Miliband suggested that a new Labour government could introduce a requirement for all government contractors to pay a ‘living wage’ well in excess of the national minimum...
John Meadowcroft
10 September 2012
comments

One of the most important contemporary debates in political economy concerns the impact of the market on culture and the allegation that unfettered market forces will supply ‘dumbed-down...
Kristian Niemietz
7 September 2012
4 comments

There is a game, in the style of Trivial Pursuit, where one card reads something like: ‘Paul extinguished the flames by pouring champagne over them. That was efficient. Right or wrong...
John Blundell
6 September 2012
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Up until prohibition, Guatemala, China, and Russia were the last three remaining countries with a well-developed legal market in international adoptions. All other nations that had once allowed...