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Richard Wellings
14 October 2010
8 comments

There are over 1,000 quangos in the UK. Today’s news that 192 of them are to be abolished appears to be concrete evidence that the coalition is taking radical action to reduce the role of...
Richard Wellings
2 October 2010
9 comments

The Equality Act came into force yesterday. It strengthens anti-discrimination law and will make it easier for members of specified groups to win claims for discrimination, harassment and...
Ruth Porter
29 September 2010
1 comment

The level of critique by self-righteous foodies on TV has reached new heights recently with Jamie’s American Food Revolution. The programme makes for astonishing viewing – school...
Tim Congdon
5 August 2010
1 comment

The central constraint on economic recovery in the leading economies since mid-2009 has been officialdom’s pressure on banks to raise their capital/asset ratios. Also relevant – but to a...
Patrick Basham
15 July 2010
24 comments

Public health regulations frequently serve exclusively to prevent legal capitalistic acts between consenting adults. But the fact that prohibition’s history is a history of failure never stops...
D. R. Myddelton
9 July 2010
4 comments

It is distressing to witness yet another piece of financial chicanery by the British government, which now proposes to substitute the Consumer Prices Index for the Retail Prices Index as the “...
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...
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...
Kristian Niemietz
6 April 2010
11 comments

“A free man must be able to endure it when his fellow men act and live otherwise than he considers proper. He must free himself from the habit, just as soon as something does not please him,...
Sam Collins
29 March 2010
7 comments

One part of Alastair Darling’s Budget that appears to have received little attention from the media is his plan for a “Credit Adjudication Service“. This new body, it appears, will...
Richard Wellings
20 January 2010
3 comments

The news that the UK has dropped out of the top-ten countries in the Index of Economic Freedom should act as a wake-up call to the politicians wishing to form the next government. The country’...
Tom Papworth
8 December 2009
3 comments

Countries trade on their reputations. It is not just the number of eager, materialistic consumers that causes businesses to invest in one country as opposed to another. The hospitality of the host...
Philip Booth
19 November 2009
6 comments

I welcome Vince Cable’s repudiation of the Tobin tax but, instead, he has proposed a tax on bank profits to help provide a sort of insurance premium to pay for the losses banks impose on...
David B. Smith
5 November 2009
6 comments

There seems to be near-lunatic policy inconsistency between the employment of the controversial and potentially dangerous policy of quantitative easing to boost broad money and credit, and the...
Philip Booth
26 October 2009
comments

It is difficult to know where to start in writing a blog post about George Osborne’s proposals to ban high-street bank bonuses in cash of more than £2,000. Let me, instead, raise a...
Len Shackleton
23 September 2009
comments

The papers and airwaves are full of Baroness Scotland’s difficulties over her Tongan housekeeper. I have no strong feelings about what her political fate should be, but I do think, as Oscar...
Kristian Niemietz
3 August 2009
8 comments

Nobody likes competition when it takes place in their own backyard. Tax-hungry government officials are by no means an exception. If their counterparts abroad, either by insight or by lack of...
Andrew Lilico
3 July 2009
2 comments

There has long been an important problem in the selling of and advising on retail financial products.  Large numbers of individuals and firms call themselves “financial advisors” or even “...
Nick Silver
3 July 2009
12 comments

I have written previously that it was a bad idea for the government to take over banks, but given that they have, they ought to be run in taxpayers’ interest. A good starting point is UKFI, the UK...
Laurence Copeland
12 June 2009
10 comments

We could see it coming, couldn’t we? Those gigantic over-leveraged hedge funds were bound to come crashing down, as their massive bets turned sour, forcing them to default on their bank loans...