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Mark Littlewood
1 July 2011
7 comments

The strikes and protests witnessed in Britain's cities this week may well signal the start of a phase of industrial disputes, as public sector employees fight to retain the rather substantial...
Nick Silver
26 April 2011
6 comments

A couple of years ago, in an IEA paper, I suggested that the UK’s public debt was many times larger than the official figure. Following the financial crisis, I recalculated my estimate ...
Neil Record
28 March 2011
1 comment

Hidden in last Wednesday’s Budget speech were three short sentences on public sector pensions which will have meant little to most listeners.  …“Today we publish the result...
Philip Booth
8 October 2010
2 comments

Yesterday we had the widely-trailed report on reforming public sector pensions. It has been put to me, including on Radio 5 Live, that now is not the time to reform these schemes. This is true. As...
Nick Silver
8 September 2010
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Earlier this year I published a report estimating British government debt at  £4.8 trillion . However, over the summer the Office for National Statistics (ONS) ...
Philip Booth
13 July 2010
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Audio podcast for The Economist:  
Richard Wellings
7 July 2010
1 comment

Today, the Public Sector Pensions Commission - which was established in autumn 2009 by the IEA, the Institute of Directors and other groups - has released its report, Reforming Public...
Anthony Bouselli
1 July 2010
8 comments

" The Emergency Budget included a proposal to raise the state pension age for males from 65 to 66 by 2016. This increases the retirement age significantly earlier than the original...
Philip Booth
15 June 2010
2 comments

Two things struck me about the OBR report published yesterday. I shall blog about the other later… The first was its treatment of public sector pensions. This is an area where the IEA has...
Nick Silver
14 June 2010
2 comments

As we have a new government and we also have a better idea about the effects of the financial crisis on the public finances, I thought it would be worthwhile to update my 2008 paper,...
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...
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...
Richard Wellings
8 May 2009
22 comments

The projections in last month’s Budget were terrifying. They suggest that net government borrowing is likely to reach unprecedented levels over the next three years:   ● 2009-10:...
Richard Wellings
25 March 2009
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●  Philip Booth lectures on “Catholicism and Capitalism” at Westminster Cathedral Hall (video)   ●  Gary Becker and Kevin Murphy argue that we must not let the ‘...
Kristian Niemietz
20 January 2009
8 comments

In a recent IEA discussion paper, Nick Silver argues that official figures display less than a fifth of the UK’s actual public debt. This is because pension entitlements constitute debt in all...
Nick Silver
12 December 2008
6 comments

By continually blocking reforms to public sector pension schemes, the leaders of the public sector unions may be dooming their members to an old age spent in penury. In his excellent monograph, Sir...
Nick Silver
5 December 2008
2 comments

There is a general perception that the ageing population of developed countries will lead to some kind of crisis or demographic “time bomb”. The new IEA monograph Pension Provision:...
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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