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Kristian Niemietz
10 December 2013
4 comments

The pre-Christmas period has begun, and with it, the hunt for Christmas presents. Do you find this irritating? Yes, you do. Trust Michael Sandel, the author of What Money Can't Buy: The Moral...
Philip Booth
9 December 2013
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Pope Francis had some dismissive things to say about the market economy and globalisation in his apostolic exhortation. Disappointingly, however, there was much use of the rhetorical tactic of...
Vlad Tarko
8 December 2013
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In the aftermath of the financial crisis, confidence in the long-term viability of Western-style capitalism seems to have plummeted. While opinions widely diverge about proposed solutions,...
Steve Davies
6 December 2013
1 comment

  The Chancellor's Autumn Statement certainly contained some good news - but not enough to justify the self-congratulation that we saw, given continued concerns about how well founded the...
Kristian Niemietz
5 December 2013
1 comment

George Osborne’s general approach to managing the nation’s finances could be described as chopping off bits and pieces here and there as he goes along, which would make him the Edward...
G. R. Steele
4 December 2013
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Keynesian demand management endures with the regular adjustment of short-term interest rates and the lowering of long-term interest rates, once short-term interest rates have been driven to their...
Peter Kain
3 December 2013
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The recent IEA study, Transport Infrastructure: Adding Value, discusses the concept of offering a number of standing-only carriages on commuter trains. Patrons using the carriages would pay a lower...
Len Shackleton
2 December 2013
4 comments

The issue of tax avoidance cannot be divorced from the nature of the tax system, and that in turn cannot sensibly be discussed without thinking about what governments spend. We have a hugely...
Daniel J. D'Amico
1 December 2013
2 comments

The title and cover art for Peter Boettke's latest book Living Economics: Yesterday, Today and Tomorrow are no doubt symbolic of economic theory as a field of study, and also the history of...
Philip Booth
29 November 2013
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In a recent conference held at the IEA, there was much discussion of the Great Recession. How can we interpret the recent recession and how can George Osborne’s Autumn Statement help us get out...
Philip Booth
28 November 2013
4 comments

In recent weeks, there has been much fuss created by a group of students – supported it would seem by the Guardian and by people such as Ha-Joon Chang – who are complaining about their...
Kristian Niemietz
27 November 2013
6 comments

When you watch or listen to a political debate programme, and you hear someone saying something like ‘I am not against all development, but…’ or ‘I don’t dispute the...
Christopher Snowdon
26 November 2013
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First, the good news. Poverty has been on the decline for several years. Since 2007, the proportion of the British population living below the poverty line has fallen from 19 per cent to 16 per cent...
Eamonn Butler
25 November 2013
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My new IEA monograph Foundations of a Free Society outlines – in simple language – the core principles by which free societies work. It was intended for people who definitely do not live...
Steve Davies
22 November 2013
2 comments

  The government’s ‘Help to Buy’ scheme, soon to enter its second phase, is one of the most misguided and short sighted initiatives ever. It may bring short term benefits to...
Kristian Niemietz
21 November 2013
1 comment

These are not great times to graduate from university. Against the backdrop of a declining graduate premium (the difference between the earnings of graduates and non-graduates), university fees have...
Philip Booth and Richard Wellings
19 November 2013
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If we look at the performance of high-tax Western countries – which includes, amongst others, every EU country, plus the US – it is grim. These are the countries which, despite their high...
John Burton
18 November 2013
2 comments

One of the so-called ‘Big Beasts’ of UK politics and government, Lord Heseltine - formerly cast as ‘Tarzan’ by much of the media - has recently swung (again!) through the tree...
Kristian Niemietz
15 November 2013
5 comments

  The term ‘heterodox economist’ has a great ring to it. It seems to announce a daring and original thinker. Here’s somebody who defies conventional wisdom, the term suggests,...
Kristian Niemietz
14 November 2013
11 comments

Poverty campaign groups in the UK are heavily fixated on increasing welfare transfers and expanding social services. To organisations like the Child Poverty Action Group and Oxfam, tackling poverty...