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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...
Richard Wellings
11 June 2009
26 comments

The RMT has once again brought London to a standstill with a 48-hour strike. This is a good example of public choice theory at work, in particular Mancur Olson’s logic of collective action. A...
David B. Smith
10 June 2009
2 comments

Britain now faces one of the most serious fiscal crises in its peacetime history. One reason is that the UK is now caught up in a sudden and severe international recession. However, the government...
Kristian Niemietz
9 June 2009
8 comments

Whether you read a conservative or a left-wing newspaper, a tabloid or the business press, you have probably read many times in the last few days that “Eurosceptic” parties had recorded...
Richard Wellings
8 June 2009
8 comments

For several decades the British economy has been hampered by the poor quality of its infrastructure. Whether in transport, education or health, investment has typically been low by international...
Richard Wellings
6 June 2009
comments

● Kevin Dowd on moral hazard and the financial crisis (pdf) ● David Friedman sets out the problems of cap and trade ● Oliver Hartwich explains why big government is not so smart ● Mark Koyama...
James Alexander
5 June 2009
12 comments

The threat of “systemic failure” has been used to justify recent government interventions in the financial sector. Essentially it is a “market-failure” type of argument...
Ian Senior
4 June 2009
1 comment

The public has a right to be angry – very angry – about the various ways that many MPs have fiddled expenses. And we are all heartily sick of the standard excuse: “I have done...
Roland Vaubel
3 June 2009
comments

Europeans go to the polls this week, yet despite the appearance of democracy it is clear that EU institutions are not representative of the people. Indeed, no matter how citizens vote, these...
Philip Booth
1 June 2009
2 comments

In every walk of life there are people who are greedy, selfish and sometimes those who downright cheat. Some MPs stretched their expenses to the limit, some people have cheated on social security...
Terry Arthur
28 May 2009
10 comments

In the past few weeks UK politics has rightly been dominated by The Telegraph’s revelations about MPs’ expense claims. Meanwhile other issues have taken a back seat – for example...
Kristian Niemietz
27 May 2009
2 comments

Last week it was revealed that at least £7 billion has been paid out wrongly on tax credits over the last five years. Indeed, the tax credit scheme has been accompanied by administrative...
J. R. Shackleton
26 May 2009
6 comments

In the current febrile, even Jacobin, climate it may seem foolhardy to offer a defence of pay inequality. However, here goes. The classic explanation of how a free labour market allocates people to...
Razeen Sally
22 May 2009
5 comments

It is widely believed that India is forging a separate successful path to development, in contrast to the traditional comparative-advantage based development of China and the other east-Asian Tigers...
Philip Booth
21 May 2009
2 comments

A couple of days ago the bogus Consumer Price Index registered a dip to an annual rise of 2.3%. The RPI fell further into negative territory. Perhaps the best measure of inflation, RPIX (the...
James Stanfield
19 May 2009
6 comments

In September 2007, BPP Professional Education made history by becoming the first for-profit private company in the UK to be awarded degree-granting powers by the Privy Council. While this is clearly...
Richard Wellings
18 May 2009
comments

●  Philip Booth explains how regulation contributed to the financial crisis   ●  Theodore Bromund reviews Verdict on the Crash   ●  Tom Clougherty on Tax Freedom Day...
Kristian Niemietz
15 May 2009
10 comments

Understatement is perhaps not Phillip Blond’s forte. The director of the “progressive conservatism” project aims at nothing less than ushering in a new era in British post-war...
Richard A. Epstein
14 May 2009
8 comments

In my recent article on monopolization cases under Article 82 of the European Union treaty, I criticized Neelie Kroes and the European Commission for the aggressive application of competition law in...
authors of Verdict on the Crash
12 May 2009
10 comments

In a statement published today in the Daily Telegraph and reproduced below, fourteen leading economists – authors of the comprehensive new IEA study, Verdict on the Crash - explain...

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