Blog

Search

Nick Silver
12 January 2009
6 comments

I argued in a previous blog article that an ageing population is not necessarily problematic provided pay-as-you-go (PAYG) pension systems are scaled back. However, there is always an...
Kristian Niemietz
9 January 2009
6 comments

Philip Booth’s blog article about Pope Pius IX reminded me of another historical figure who predicted, with an astonishing degree of accuracy, what life would be like in a socialist state....
Richard Wellings
8 January 2009
comments

State-dominated healthcare systems are failing the poor and chronically sick. And Britain’s National Health Service (NHS) is one of the worst examples. It is plagued by waste,...
Patrick Minford
7 January 2009
comments

I first met Alan at LSE when I was an MSc student. I was delighted by his clear, amusing and succinct exposition of microeconomics – it was vintage Alan as I later discovered, straight to the...
John Greenwood
7 January 2009
comments

Alan Walters was an inspiring teacher with a broad interest in a variety of economic problems. He was especially interested in applying theoretical ideas to practical problems. I first met him in...
Philip Booth
6 January 2009
8 comments

Alan Walters was a great figure in economics. The obituaries today focus mainly on his contributions to macro-economics and as an advisor to Mrs Thatcher. I would like to make a brief comment about...
Nick Silver
6 January 2009
22 comments

The UK has recently undergone a banking crisis, the reasons for which have been much analysed, but basically boil down to a mixture of liquidity problems (banks unwilling to lend to each other) and...
Richard Wellings
5 January 2009
4 comments

Will a green ‘New Deal’ help get Britain out of recession? The Liberal Democrats, for example, have proposed the reopening of disused railway lines as a means of boosting the economy....
John Blundell
1 January 2009
2 comments

An update to An economic Christmas-present puzzle: buying books on Amazon: After my three letters to Amazon (going back two months now) were ignored, the IEA blog seems to have done the trick as...
Colin Robinson
29 December 2008
2 comments

Politicians and ‘opinion leaders’ claim that damaging climate change is in prospect unless drastic centralised action is taken. The prevailing view about climate change action is part of...
Donald J. Boudreaux
27 December 2008
2 comments

Shopping-mall Santas remind me of politicians. No joke. Consider the similarities: each Santa sits upon a throne and receives from strangers demands for free goodies. Each child who asks for things...
John Blundell
25 December 2008
6 comments

I recently wrote a book explaining Thatcherism to America. It is available in paperback, published in New York City in October 2008 by Algora as Margaret Thatcher: A Portrait of the Iron Lady. It...
Philip Booth
23 December 2008
6 comments

This week we have had two news reports – one an individual case and the other based on thorough research. The individual case shows a woman losing thousands of pounds in benefits as a...
Philip Booth
22 December 2008
6 comments

Maybe sterling has overshot a bit. Currencies do that sort of thing and we should not worry unduly. Maybe sterling has fallen because people have no confidence in the long-term ability of the UK...
Richard Wellings
18 December 2008
4 comments

The Madoff scandal is yet more bad news for the financial sector. Several major banks may have lost hundreds of millions of dollars in the alleged scam. An important question is whether this would...
Peter King
17 December 2008
14 comments

The government would have us believe that one way to help households struggling to gain access to the housing market is to build more social housing. This will also have the benefit, our Keynesian...
Richard Wellings
16 December 2008
22 comments

Following the bailout of several banks, the government is now considering measures to ‘save’ the British car industry. Such a bailout would be wrong in itself but would also set a very...
Nick Silver
12 December 2008
6 comments

By continually blocking reforms to public sector pension schemes, the leaders of the public sector unions may be dooming their members to an old age spent in penury. In his excellent monograph, Sir...
Kristian Niemietz
11 December 2008
16 comments

The online edition of the Handelsblatt, a major German business newspaper, recently featured an op-ed blaming government-created ’fiat money’ for the current financial crisis. It...
Philip Booth
8 December 2008
4 comments

Deflation means that the pound in your pocket is worth more each year. In an earlier age, deflation was regarded as benign at worst. For a couple of hundred years before 1946, moderate deflation...