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G. R. Steele
19 November 2010
2 comments

As one set of economists warns that rapid debt reduction is likely to plunge the economy into deep recession, another set argues that debt reduction is essential to restore financial stability and...
Philip Booth
18 November 2010
3 comments

David Blanchflower has once again suggested that we would not need to worry about austerity if only we allowed price inflation of 5% for a few years. Let us ignore the moral issues of whether...
Kristian Niemietz
17 November 2010
1 comment

In a radio debate with Mark Littlewood, Adrian Sinfield, Professor Emeritus of Social Policy at the University of Edinburgh, was critical of IEA proposals to replace the...
Paul Ormerod
16 November 2010
5 comments

Economists have known for a long time that GDP is an imperfect measure of the overall well-being of a country. In fact, no-one has stated this more clearly than Simon Kuznets, the founding father of...
Philip Booth
15 November 2010
5 comments

Trade economics is a complex subject, especially when you bring in the capital flows side of things. Reflecting on his recent visit to China, David Cameron said that he believed strongly...
Mark Littlewood
14 November 2010
1 comment

Iain Duncan Smith deserves credit for fully understanding the nature and scale of the welfare problem. But that’s the easy bit. Finding a solution with the right balance of carrot and stick...
Amul Pandya
13 November 2010
8 comments

This week’s protests over a proposed rise in university tuition fees demonstrate the long term problem of how reliance on the state creates an unjustified sense of entitlement. Although...
Kristian Niemietz
12 November 2010
3 comments

Finally, with the release of the DWP White Paper, Iain Duncan Smith has let the cat out of the bag. In the future, jobseekers who reject a job offer, a short-term community work placement, or who...
Nick Hayns
11 November 2010
1 comment

Fair Trade is everywhere. All the big brands have bought into it and in some supermarkets certain products can only be purchased in their Fair Trade incarnation. We coffee-lovers get to enjoy our...
Peter King
11 November 2010
2 comments

Iain Duncan Smith has suggested that his proposals to introduce a Universal Credit to replace many of the current welfare benefits are the most important reforms to welfare provision for 70...
Ruth Porter
11 November 2010
10 comments

Britain’s Trillion Pound Horror Story airs tonight at 9pm on Channel 4. The film explains the full extent of the financial mess this country is in – an estimated £4.8 trillion of...
Kristian Niemietz
9 November 2010
8 comments

Even if the debate about Housing Benefit has gone wrong in many ways, it is a good thing that it is being held at all, if only to raise awareness about the issue. The HB bill is running at about...
Peter King
8 November 2010
14 comments

Despite the comments yesterday from the Archbishop of Canterbury, the coalition’s decision to introduce a limited form of workfare into the UK benefits system is a huge step forward....
Mark Littlewood
8 November 2010
3 comments

The decision by the coalition government to raise the cap on tuition fees to £9,000 per annum is a step in the right direction, but to be truly competitive in the global economy British higher...
Nick Hayns
5 November 2010
8 comments

Tonight is Bonfire Night. That night of the year where some people celebrate Guy Fawkes’ failure to blow up the Houses of Parliament by almost burning down their own and where the government...
Len Shackleton
4 November 2010
comments

Acas, (the Advisory, Conciliation and Arbitration Service) was originally tipped for abolition by the Coalition. It now appears that it has been spared the flames of the bonfire of Quangos. If it is...
Terry Arthur
3 November 2010
5 comments

Simon Heffer is one of the ever-dwindling number of journalists who really understand the difference between Corporatism (sometimes called State Capitalism) and genuine free markets. In The...
Kristian Niemietz
3 November 2010
1 comment

Foreign observers reading the British press may be forgiven if they expect death squads roaming the streets of London from next April on, expelling the capital’s poor. There has been no...
Fred Hansen
2 November 2010
5 comments

The term “progressive” has become the focus of a new struggle of rebranding at a time when the terms “liberal” and “conservative” are in tatters on both...
Philip Booth
1 November 2010
8 comments

I am coming to the conclusion that the true test of whether somebody is a socialist or not should be whether they believe in permanently turning the clocks forward an hour so that we have...