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Nick Silver

26 February 2010

3 comments

" Whilst it might be presumptuous of me to disagree with the sixty eminent economists who wrote to the Financial Times last week, I would like to refer them and the reader to my paper A...

We can’t go on like this…but who is going to stop us?

Philip Booth

8 January 2010

9 comments

Just after Christmas a number of members of the IEA’s SMPC wrote to the Sunday Times about the dire need for a fiscal plan to deal with government borrowing. In this context, it is worth...

Raising the pension age by easier stages could minimise political hostility

Len Shackleton

6 November 2009

14 comments

It is widely agreed that state pension age (SPA) needs to rise to reflect the financial downside of the happy prospect of greater life expectancy. The current government is committed to this, albeit...

An alternative Labour Day: Chile’s private pension system turns 28

Kristian Niemietz

1 May 2009

2 comments

Today is International Labour Day, a day to celebrate “the social achievements of the workers”. Or so they say. Unfortunately, in much of the Western world, 1 May is simply an...

IEA Bloggers’ Budget

IEA bloggers

21 April 2009

16 comments

As the sterile thinking of incumbent politicians will not be sufficiently radical to reverse the growth in the size of government over the coming years, we asked IEA bloggers how they thought the...

Demography and the financial crisis

Nick Silver

21 January 2009

12 comments

The Financial Times’ chief economics commentator, Martin Wolf, has put forward a convincing explanation for the ultimate cause of the current financial crisis. To briefly summarise, some...

China: the mother of all demographic time bombs

Nick Silver

12 January 2009

6 comments

I argued in a previous blog article that an ageing population is not necessarily problematic provided pay-as-you-go (PAYG) pension systems are scaled back. However, there is always an...

Are Western governments heading for bankruptcy?

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...

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