Peter King
5 September 2011
1 comment

  One of the arguments used by the pro-AV campaign in the early spring was that a positive vote to change the electoral system would signal that there was a progressive majority in the...
Paul Withrington
2 September 2011

Over the past decade vast sums have been spent on public transport despite the fact that nearly 90% of passenger miles are by car and to places that are difficult or impossible to serve by bus, let...
Ruth Porter
1 September 2011

The latest gender pay statistics have provoked the usual storm of nonsense. Apparently, the Government should increase regulatory burdens on businesses, at a time when our economy is seriously...
Terry Arthur
31 August 2011

‘The fundamental principles of mercantilism and neo-mercantilism are: direction of economic life by the authorities; the belief that money is wealth; exports are better than imports (thus...
Mark Pennington
31 August 2011

Many government interventions in markets though they are often justified in terms of the ‘public interest’ work to the disproportionate benefit of organised interests – often the...
Kristian Niemietz
30 August 2011

Being too busy torching, looting and vandalising, the London rioters and their offshoots in other cities could not be bothered to prepare banners expressing their ‘political demands’,...
Mark Littlewood
26 August 2011
1 comment

The Taxpayers’ Alliance has released some interesting research coming out of its 2020 Tax Commission. HMRC is simply failing to collect tax revenues – to the tune of about £25...
G. R. Steele
24 August 2011

Lord Robert Skidelsky is unlikely to have understood the anecdote in his opening remarks in the LSE Hayek/Keynes debate. He related that, after addressing an audience of Cambridge economists in...
Paul Withrington
23 August 2011

The last government’s Ten Year Plan envisaged that congestion could be greatly reduced by increasing rail use by 50% and bus use by 10%. Consequently vast sums have been spent on public...
Tom Papworth
22 August 2011

The IEA has recently published articles by Mark Pennington on the subject of Ha Joon Chang’s 23 Things They Don’t Tell You About Capitalism. As Pennington addresses each of his...
G. R. Steele
18 August 2011

Keynes gave little thought to generalities. He acknowledged that his prescriptions were limited to the special circumstances of the 1930s. With Bolshevism in mind, any fiscal deficit spending was...
Mark Pennington
17 August 2011

In this third and final of the series on Ha Joon Chang’s critique of ‘free market economics’ I examine his account of ‘bounded rationality’ and the case for greater...
Karthik Reddy
16 August 2011

‘Hundreds of thousands [of workers] should not have to stand to attention late into the night for the mere convenience of a few yuppies!’ These passionate words, uttered by German union...
Len Shackleton
15 August 2011

In many ways it is too early to draw conclusions for public policy from the riots which the country has experienced in the last week or so. But this does not seem to have deterred our ever-active...
Kristian Niemietz
12 August 2011

Gerhart Hauptmann´s 1911 novel „Die Ratten“ (Engl. „The Rats“), set in a deprived borough of Berlin, was a powerful critique of a concept of morality that ignored the...
Keith Boyfield and Brian Sturgess
11 August 2011
1 comment

Most voters would never have heard of the Basel-based Bank for International Settlements (BIS). However, the BIS performs a crucial role as the central banks' banker. In establishing rules on...
Philip Booth
10 August 2011

Politicians cannot stop trying to design the economy. In this respect they have a hugely over-inflated sense of their own abilities. Gordon Brown, of course, was an impulsive meddler – he...
D. R. Myddelton
9 August 2011

It is in times like these that one appreciates the advice the Irishman gave the tourist seeking directions: ‘If I were you, I wouldn’t start from here.’  In recent days...
Kristian Niemietz
5 August 2011

Objections to large material inequalities are probably as old as mankind itself. In numerous ancient legends and folk tales, the downfall of a key character is related to possessions and greed. So...
Jamie Whyte
4 August 2011

Jamie Whyte is the Head of Research and Publications at Oliver Wyman, a strategy consulting firm specialising in the financial services industry. This is his opening statement from the Keynes vs...