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Kristian Niemietz
28 May 2010
7 comments

“The purpose of my life here is to improve the quality of life of the worst off in society.” Such ambitious rhetoric is not unusual for new incumbents at the Department for Work and...
Tim Congdon
26 May 2010
7 comments

In the 15 years to 2007, the British economy had on average faster growth (by about 0.5% to 0.75% a year) than its large European neighbours. A similarly benign context of rising trend output and...
Anthony J. Evans
25 May 2010
38 comments

Last month the FT’s Martin Wolf asked a simple question, “Does Austrian economics understand financial crises better than other schools of thought?” After admitting that neo-...
Adam Lyons
25 May 2010
8 comments

“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.” This is the...
Laurence Copeland
24 May 2010
2 comments

You might have thought that, with the Eurozone in turmoil, the EU would have no time to pursue its vendetta against hedge funds. Far from it, the latest proposals are even more wide-ranging than...
Adam Lyons
24 May 2010
8 comments

It appears that the new coalition government remains committed to increasing the rate of Capital Gains Tax (CGT) to a level in line with income tax. There are many reasons why...
Kristian Niemietz
21 May 2010
7 comments

Once upon a time, an old Nordic legend tells, there lived a princess in Burgundy who owned a huge treasure of gold. One night the treacherous Hagen von Tronje, an advisor to the king, broke into the...
Holger Zemanek
20 May 2010
4 comments

The EU, national governments, academics and media are discussing how to rebuild the shattered EMU stability framework, after the Stability and Growth Pact failed to prevent the current crisis. In...
Richard Wellings
19 May 2010
7 comments

Even Margaret Thatcher didn’t manage to dismantle Britain’s disastrous welfare system. Judging by the policy plans of the Lib-Con coalition, there is little reason to be optimistic that...
Philip Booth
19 May 2010
1 comment

Organising a coalition agreement is never easy. There has to be give and take on both sides. However, the Conservatives have made a big mistake in accepting some aspects of Lib Dem tax policy...
D. R. Myddelton
18 May 2010
comments

The new Chancellor of the Exchequer’s proposal to set up an independent Office for Budget Responsibility sounds like a good idea. But how sad that government ministers cannot be trusted...
Len Shackleton
17 May 2010
6 comments

This year I have been in a rather unusual demographic – both entitled (I didn’t claim it) to a winter fuel allowance of £250 as an over-60 and receiving a Child Trust Fund payment...
Kristian Niemietz
14 May 2010
5 comments

It is easy to be pessimistic about Britain’s future economic prospects. The Lib-Con coalition agreement contains policies which are troubling. Indeed, there is a danger the...
Daniel J. Mitchell
13 May 2010
2 comments

[Editor's note: the draft coalition agreement between the Conservatives and the Liberal Democrats includes a commitment to increase Capital Gains Tax on "non-business assets".]...
Richard Wellings
12 May 2010
14 comments

The Conservatives have abandoned their manifesto commitment to raise the Inheritance Tax threshold as part of the coalition deal with the Liberal Democrats. This his highly regrettable....
André Azevedo Alves
11 May 2010
6 comments

After years of continuous growth in public spending and public debt, the Portuguese economy finds itself in a bleak situation in the context of the ongoing international crisis. Internal and...
Holger Zemanek
10 May 2010
6 comments

This weekend the EU finance ministers, the EU and the IMF agreed a huge bailout package for the troubled eurozone countries and the single currency. The emergency package comes after...
Malte Tobias Kähler
10 May 2010
4 comments

The Austrian Business Cycle Theory (ABCT), developed largely by Ludwig von Mises and F. A. Hayek, predicted the present crisis and explained its causes in advance. Many commentators aware of...
Charles K. Rowley
8 May 2010
7 comments

Indecisive outcomes are periodic features of the Westminster model, even though the plurality (first-past-the-post) system is custom-made to secure a single-party majority. Hung parliaments occurred...
Mark Littlewood
6 May 2010
3 comments

The next government of the United Kingdom will have to depart wildly from its manifesto commitments in order to rebuild the nation’s finances. In the closing stages of the election campaign,...