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Kristian Niemietz
27 November 2008
10 comments

I have written on this blog about some of the logical flaws associated with ‘relative poverty’, arguing that even if we were to accept the premise that poverty was a relative concept, it...
Nick Silver
26 November 2008
24 comments

If you are a company, you have to include pensions liabilities as a debt in your accounts. However, governments, while professing to follow private sector practices in their accounts, turn a blind...
Richard Wellings
25 November 2008
14 comments

One of the most noteworthy elements of the 2008 Pre-Budget Report was the planned increase in income tax rates to 45% for those earning over £150,000. This measure is intended to...
Richard Wellings
21 November 2008
12 comments

Yesterday it was announced that the Greater London Authority (GLA) is to create 50,000 ‘affordable’ homes. But do such schemes actually increase the affordability of housing? When developers are...
Philip Booth
18 November 2008
4 comments

Without wishing to trivialise the former, there are eerie similarities between the tragic case of Baby P and the failure of Northern Rock. In the banking sector, the FSA, which has virtually...
Martin Ricketts
17 November 2008
6 comments

The newspapers have been full of reports recently about the Prime Minister and the Chancellor of the Exchequer summoning senior bankers and ‘ordering’ them to reduce the interest rates charged on...
Philip Booth
14 November 2008
10 comments

In each of the last two weeks the IEA has hosted panel discussions in front of packed houses. Last week the topic was public sector pensions and this week it was the Third Heathrow Runway....
Kristian Niemietz
13 November 2008
8 comments

On Monday this week, the New Policy Institute released a report called Monitoring Poverty and Social Exclusion in Scotland 2008, which appears to have encouraging findings. According to the report,...
Richard Wellings
11 November 2008
15 comments

The last century has seen a steady expansion of the ‘nanny state’, a process that has arguably accelerated in the last decade. A ‘banning culture’ has developed, with...
Martin Ricketts
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...
Philip Booth
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...
Kristian Niemietz
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...
John Spiers
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,...
Philip Booth
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...
Richard Wellings
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...
John Spiers
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...
Kristian Niemietz
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....
Richard Wellings
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...
John Meadowcroft
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...
J. R. Shackleton
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...