Steve Davies
30 March 2012

When I heard in 2009 that Elinor Ostrom had won the Nobel Prize for Economics I was delighted and thought it one of the best pieces of news that year, if not the best. My feelings were shared by...
Eamonn Butler
26 March 2012

Politicians are always exhorting us to take more interest in our community, in the government of our country, and the ongoing debates about schools or hospitals or roads. But few of us do. Politics...
Patricia Morgan
16 March 2012
1 comment

  What’s in a name? A hopeless factual and logical muddle. Call something a ‘benefit’ and who is it for? The ‘needy’, of course. Anyone else getting it?...
Kristian Niemietz
14 March 2012

  Suppose a government institution regularly orders its office stationery from a company which caters specifically to public sector clients. Suppose inquisitive journalists find out that...
Steven Kates
9 March 2012

There was a passage in the Wall Street Journal’s Notable & Quotable column the other day from an essay written by John Stuart Mill in 1844, which I suppose was included...
Christopher Snowdon
1 March 2012
1 comment

The early findings of the Office for National Statistics’ much-discussed survey of national well-being have confirmed what anybody who is familiar with the field of ‘happiness...
Tim Congdon
29 February 2012

Free market capitalism is the best system of economic organisation ever devised. The 20th century demonstrated that it is consistent with both material prosperity and personal freedom. However, the...
Philip Booth
20 February 2012

Recent US growth figures seem to have re-energised naive Keynesians who, lacking any real evidence or credible prior theory for their case, leap upon anything that can justify policies that involve...
Ruth Porter
16 February 2012
1 comment

To hear First Minister Alex Salmond tell it, gaining independence from the U.K. is the most pressing issue facing Scots. But a look at the state of the Scottish economy, with public spending...
Philip Booth
15 February 2012

The UK has been put on a credit-rating downgrade watch. This is not surprising, but one wonders whether Moody’s is focusing on the right issues. In particular, Moody’s cited the lack of...
Stephen Michael MacLean
6 February 2012

Who among us hasn’t wiled away a lazy hour with travel fantasies, courtesy of Google Maps? Not the French, apparently, who seem to have little appreciation for Google Maps’ indulgence...
Linda Whetstone
3 February 2012

Government spending and regulation come about through an alliance of interests both within and outside the government, and once established the incentives to either grow the intervention or to...
Mark Pennington
1 February 2012

The mention of public choice theory to those on ‘the left’ of politics can prompt a variety of reactions. Some are based on ignorance about the very existence of public choice economics...
Philip Booth
31 January 2012

Apparently, the World Economic Forum – a pre-skiing holiday talking shop for many of its attendees - exists as “an independent international organization committed to improving the...
Tom Papworth
26 January 2012

Over at the Adam Smith Institute blog, Jan Boucek has a typically pugnacious article slapping down the Prime Minister for relying on ‘market failure’ as an excuse to meddle in the...
John Blundell
18 January 2012

Why it took National Lottery funds to make this movie and what Americans make of the opening credit are questions I cannot answer. And this is a very hard movie to review by somebody such as myself...
Ruth Porter
16 January 2012

When it comes to happiness, myths abound. For centuries we have hotly debated what makes a good life, where satisfaction ultimately comes from and fundamentally how we can be happy. The...
Philip Booth
16 January 2012

A major policy plank in the re-branding of the Conservative Party has been the adoption of well-being economics – one of the favourite fads of the left. Six years ago, David Cameron made a...
Chris Snowdon
13 January 2012

  The New Economics Foundation recently revived its idea of restricting working hours to 21 hours per week as a means of creating full employment and achieving the work-life balance that is...
Len Shackleton
12 January 2012

Mark Blaug was the leading historian of economic thought of his generation, and the successive editions of his Economic Theory in Retrospect make the insights of the classical economists accessible...