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Mark Littlewood
6 July 2011
1 comment

Next week, Conservative MP Sajid Javid will put forward a ‘ten minute rule bill’ to attempt to introduce a legal cap on the size of the net national debt. Although the proposal has no...
Len Shackleton
5 July 2011
1 comment

The Office for National Statistics has published a new estimate of the size of the hourly pay gap between the public and private sectors. It shows that, after correcting for factors such as the...
Kristian Niemietz
4 July 2011
2 comments

A man comes in to his regular delicatessen shop and blurts out at the owner, ‘You need to help me out! The bank is cutting my credit line, just as a big instalment to my other bank comes due...
Mark Littlewood
1 July 2011
7 comments

The strikes and protests witnessed in Britain's cities this week may well signal the start of a phase of industrial disputes, as public sector employees fight to retain the rather substantial...
Mark Pennington
29 June 2011
comments

The economic historian Professor Sheilagh Ogilvie is an intellectual heroine of modern classical liberalism. Her work on the operation of proto-industries such as woollens manufacture in sixteenth...
Philipp Bagus
28 June 2011
2 comments

A second aid package to the Greek government hinges on severe austerity measures. Why doesn’t Greece simply default and leave the euro as so many Greek protestors demand on the streets...
Stephen Michael MacLean
27 June 2011
5 comments

Public choice theory - the application of economics to politics - is inspired by classical liberal principles of free markets and limited government. With its focus on government depredations on...
Kristian Niemietz
24 June 2011
comments

Energy Secretary Chris Huhne spoke of a ‘dark day’, and made clear he was ‘deeply disappointed’. EU plans to raise the target for carbon emission cuts in...
Philip Booth
23 June 2011
4 comments

Mechanisms to ensure the political acceptability of privatisations should not be rejected automatically, simply because they are inefficient and raise less money for the taxpayer. Political...
G. R. Steele
22 June 2011
comments

The condemnation of benefit fraud and tax avoidance obscures a difference. Benefit cheats make fraudulent claims upon the earnings of others. Tax avoiders use legitimate means to retain their own...
Kristian Niemietz
22 June 2011
9 comments

In the March issue of Economic Affairs, a paper by Karthik Reddy analysed the empirical literature on the employment effects of minimum wages. The paper shows that there was indeed a period in...
Mark Pennington
21 June 2011
1 comment

When advancing the case for ‘free markets ‘ classical liberals are often chided for failing to recognise the wisdom of Karl Polanyi. In The Great Transformation Polanyi claimed that the...
Alberto Mingardi
20 June 2011
3 comments

Late last year Philip Booth and I proposed a solution to the euro crisis in an article for the Wall Street Journal. This would not resolve all the problems - indeed one of the purposes of the...
John Blundell
17 June 2011
2 comments

I journeyed to Harare, Zimbabwe recently with some trepidation. After all IEA author Dr Roger Bate is banned and in The Beautiful Tree James Tooley tells of being arrested and questioned heavily...
G. R. Steele
16 June 2011
comments

State infrastructure projects may be funded by private capital through PFI (private finance initiative) contracts.This week, BBC Radio’s File on Four put great effort into addressing the...
Kristian Niemietz
15 June 2011
5 comments

Advocates of a denationalisation of healthcare frequently come across the objection that healthcare is not amenable to individual choice. People may be trusted to make sensible decisions when it...
Steven Kates
14 June 2011
3 comments

After writing ‘you cannot make an economy grow through public spending’ I received this touching statement of Keynesian faith in response: ‘In terms of a contribution to GDP...
Philip Booth
13 June 2011
3 comments

In his recent New Statesman editorial, Archbishop Rowan Williams criticised the re-emergence of the seductive language of the deserving and underserving poor. The job of a Bishop is to...
G. R. Steele
12 June 2011
4 comments

The decision to abandon nuclear power will increase Germany’s short-term dependency upon fossil fuel as it engages with long-term aspirations for politically correct (PC) alternatives. In...
Len Shackleton
10 June 2011
1 comment

One of the Coalition’s headline educational initiatives has been the introduction of the Pupil Premium, additional funding to schools for each ‘deprived’ child (the Department for...