Blog

Search

Kristian Niemietz
31 March 2011
1 comment

In providing a pseudo-rationalisation for last Saturday’s march against mathematics, the Guardian has assembled a video documenting a variety of supposed ‘alternatives’. The ideas...
Mark Pennington
29 March 2011
6 comments

Classical liberals claim that theories of justice must be judged by their practical capacity to facilitate positive sum games in society and to eliminate scope for the exercise of inconsistent and...
Richard Wellings
25 March 2011
comments

They were warned. In the late 1990s, eminent economists queued up to explain the flaws in the euro project. Chief among them was Nobel Prize winner Milton Friedman, who in 1999 – the year the...
Nick Hayns
24 March 2011
comments

Next week sees the launch of the inaugural Liberty League conference, co-hosted by the IEA and the Freedom Association. The conference takes place from April 1 to 3 at the Birmingham and Midland...
Terry Arthur
22 March 2011
1 comment

Bribery and corruption are back in the news, with a new Bribery Act coming into force next month. But what exactly is bribery or corruption? In a recent article in the Daily Telegraph the head of...
Ruth Porter
17 March 2011
comments

During the Big Society discussions, the sight of some Conservatives running scared from the idea that the best way of responding to problems is a messy patchwork of responses has been deeply...
Mark Pennington
16 March 2011
comments

Events in the Middle East and concern over the likely impact of democratic change in the region on the prospects for peace with Israel, and beyond, raise important questions about the...
Kristian Niemietz
15 March 2011
5 comments

One of our recent guest speakers criticised the IEA for misrepresenting the message of the influential book The Spirit Level. He referred to an IEA invite which read: ‘many amongst the left...
Cliff Pratten
10 March 2011
comments

It is difficult to argue against the view that with assets about thirty times their capital in 2007, UK banks were under capitalised, but papers written at the Bank of England go far beyond making...
Tom Papworth
7 March 2011
9 comments

Over at the Adam Smith Institute, Dr. Eamonn Butler criticises Stephen Williams’ proposals to give away the Government’s shares in RBS and Lloyds to each and every person in the country...
Mark Pennington
7 March 2011
2 comments

Ronald Coase is one of my favourite living economists (he is now 100 years old). His work on the significance of transactions costs and dealing with problems that these costs raise is fundamental...
Steve Davies
6 March 2011
1 comment

A book by Tyler Cowen is certain to be thought provoking and original. His latest work is no exception and has very serious implications for the future of politics and political debate if his...
Mark Pennington
3 March 2011
comments

I tune in to Fox News occasionally to get some relief from the constant left of centre bias offered by the BBC – the latter is currently offering an incessant stream of reports on how public...
Mark Pennington
28 February 2011
2 comments

Joseph Stiglitz is, quite rightly in my view, one of the most respected economists of his generation. Whatever one thinks about the interventionist policy conclusions that he derives from the...
Kristian Niemietz
28 February 2011
32 comments

Anti-consumerists are sometimes criticised for not practicing what they preach. Buying stuff is sinful – as long as it’s the stuff that other people buy. Frequenting fancy art galleries...
Kristian Niemietz
10 February 2011
2 comments

The government’s catchphrase ‘Big Society’ has often been criticised for its vagueness. Critics claim that the phrase means everything and nothing, an attempt to conceal the...
Mark Littlewood
9 February 2011
42 comments

The furore over relatively modest reductions in public library provision shows the enormous challenge facing those seeking to reduce the size and cost of our bloated state. At an annual cost to...
Philip Booth
7 February 2011
1 comment

The three main themes of Nick Clegg's speech on Friday were as follows: 1. We should have investment-led growth and not debt-led growth. 2. We should have growth balanced around the regions...
Mark Pennington
29 January 2011
3 comments

Two of my posts earlier this month (here and here) focused on the institutional implications of limited rationality. My claim was that robust institutions are those that minimise the consequence of...
Philip Booth
27 January 2011
1 comment

The Government reportedly feels that its Big Society programme has stalled. It is not surprising. The coalition’s idea of the Big Society often seems to involve no more than getting a few...