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10 November 2008
6 comments
The recent death of Norman Barry is a great loss to the cause of classical liberalism. For Norman was one of its most effective advocates. He was a rare example of a person who was a master of the...
6 November 2008
6 comments
The 1.5% interest rate cut came as a bit of a surprise to most people. However, we are in new territory and it is territory with which those economists who love their macroeconomic forecasting...
6 November 2008
6 comments
This Sunday will be the 19th anniversary of the fall of the Berlin Wall – one of the greatest victories for freedom in contemporary history, and a powerful reminder that huge advances in...
5 November 2008
6 comments
One of the commonest complaints about the NHS is: “I’ve paid in all my life, so why can’t I have…” Yet patients still have no power to command a necessarily personal,...
3 November 2008
4 comments
Today, in a response to a report suggesting that social mobility was improving, Chris Grayling, the Conservative Shadow Welfare minister said: “The truth is that Britain today is a country...
3 November 2008
2 comments
According to official figures, almost two million people are now unemployed in the UK. That number is rising rapidly as the economy shrinks.
This means extra expenditure on welfare benefits, putting...
29 October 2008
2 comments
A key issue in individual access to healthcare is who decides who shall get what, when and how. Which economic instruments and direct incentives can do most to deliver universal access, improved...
27 October 2008
4 comments
A new report by the OECD, Growing Unequal? Income Distribution and Poverty in OECD Countries, warns: “Poverty is rising in OECD countries. Over the past 20 years, it has risen from 9.3% to 10....
24 October 2008
6 comments
Alistair Darling’s proposed spending spree on bringing forward major capital projects suggests the government is prepared to sacrifice the economy’s long-term interests for short-term...
23 October 2008
2 comments
Sir – Marx’s theory of the crises of capitalism is little more than a melodramatic description of the business cycle — standard fare in economic analysis. Every original...
23 October 2008
4 comments
Men working full-time currently earn about 17% more per hour than women working full-time. This gender pay gap is widely held to reflect systematic bias against women in the labour market.
But when...
22 October 2008
comments
This is the best non-partisan short book on “Thatcherism” and the 1979-1990 era to have appeared to date. It is wide ranging, all encompassing, massively referenced with a great Bibliography and...
21 October 2008
10 comments
Today, the government of Argentina will announce the annulment of the country’s private pension system introduced in 1994. The savings funds of 12 million workers will be nationalised. With...
20 October 2008
2 comments
The present financial crisis illustrates clearly the fundamental importance of institutional structure to the satisfactory operation of a market economy. Looking at the present carnage it is hard...
16 October 2008
6 comments
Several bloggers, including Guido Fawkes, have rightly emphasised the relevance of Ludwig von Mises’ work to the current financial crisis. The writings of Mises’ pupil, Nobel...
15 October 2008
comments
How radical will the new Lord Mandelson be in seeking to reinvigorate the ‘New Labour’ brand?
With the regulatory levers in his fresh hands he has a key opportunity to free the...
14 October 2008
16 comments
In an interview with Spiegel Online, 2006 Nobel laureate Muhammad Yunus states that the current financial crisis is proof that capitalism has gone wild: “Adam Smith’s invisible hand,...
10 October 2008
2 comments
On 9th October, Anatole Kaletsky, Associate Editor of The Times, wrote “Banking crises have never been resolved purely by market forces. Once a financial panic starts, government intervention...
9 October 2008
10 comments
The British government unwisely entered the current slowdown with a sizeable budget deficit. Recent bank bailouts are likely to push the national accounts further into the red and increased...
8 October 2008
2 comments
In its latest monthly deliberations the IEA Shadow Monetary Policy Committee (SMPC) voted by seven votes to two to reduce UK Bank Rate on Thursday 9th October. Indeed, four members of the shadow...
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