Blog

Search

Philip Booth
22 January 2009
16 comments

Some people have suggested that the current crisis suggests that ‘free’ markets are dead. Given the high degree of regulatory scrutiny in the financial sector that is not a point of view...
Nick Silver
21 January 2009
12 comments

The Financial Times’ chief economics commentator, Martin Wolf, has put forward a convincing explanation for the ultimate cause of the current financial crisis. To briefly summarise, some...
Kristian Niemietz
20 January 2009
8 comments

In a recent IEA discussion paper, Nick Silver argues that official figures display less than a fifth of the UK’s actual public debt. This is because pension entitlements constitute debt in all...
Peter King
19 January 2009
18 comments

Should the UK government really be encouraging households to borrow money to buy houses in the current climate? And should it be encouraging banks to lend to them as part of the latest bailout...
Kristian Niemietz
16 January 2009
6 comments

There is a country in Europe where it is estimated that 20% of households have to live on less than half the average income. Among the working population, the bottom 30% receives just 7% of total...
John Meadowcroft
15 January 2009
12 comments

Economists often identify a dichotomy between people’s stated preferences and the preferences that are revealed when people are actually required to choose between scarce uses of their...
Philip Booth
13 January 2009
26 comments

It was interesting to see David Cameron’s library in the newspapers yesterday. There are some good choices there. Kynaston’s book on the austerity years after the war is excellent, for...
Richard Wellings
13 January 2009
4 comments

●  John Blundell advocates the privatisation of Britain’s forests – and explains why Adam Smith must be rolling in his grave.   ●  Eamonn Butler argues that...
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...