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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...
John Blundell
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...
Kristian Niemietz
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...
Martin Ricketts
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...
Richard Wellings
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...
John Spiers
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...
Kristian Niemietz
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,...
Terry Arthur
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...
Richard Wellings
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...