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Graeme Leach

17 July 2013

comments

A key part of EU policy over the last 20 years or so has been the completion of what is described as an ‘internal market’. This involves not just the removal of explicit trade barriers...

The Big Three

Razeen Sally

24 June 2013

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The US, EU and China are the Big Three in the world. Since the global financial crisis, the conventional wisdom is that the US and EU are in decline, while China races ahead. I would turn this...

The end of the euro - and the beginning of currency competition

Eduardo Belgrano

17 September 2012

1 comment

We are so accustomed to our present currency system that it is difficult to imagine a system of more than one currency circulating side by side. However such a monetary system has existed...

The ‘soft renationalisation’ of the energy sector

Carlo Stagnaro

25 May 2012

12 comments

The UK was the first European country to liberalise its electricity market. Will Britain now be the first European country to roll back the market and effectively renationalise the sector?...

Illiquid or bust?

Philip Booth

18 May 2012

1 comment

Working out who exactly owes what to whom in the eurozone is an increasingly difficult job. Money is pouring out of Greece and now, it would appear, Spain at a rapid rate. €700m apparently...

Italy is in a crisis of credibility

Alberto Mingardi

19 December 2011

1 comment

Unfortunately prime minister Mario Monti appears not to have read the insightful comment by Philip Booth, who suggested that ‘a radical programme of economic reform in Italy and elsewhere...

Ted Heath was right - the EU single market is not a free market

Philip Booth

28 November 2011

1 comment

Last week, the IEA held a discussion on the EU. There were some prominent euro enthusiasts there, together with a large number of sceptics. I was somewhat surprised by the enthusiasm of the free-...

Altmeier should have been stuffed by Paxo

Philip Booth

18 November 2011

4 comments

Newsnight this week had, for them, a reasonably balanced piece on the proposed EU transactions tax on Wednesday evening. There were some people in favour and some against before an...

Germany wrong on financial transaction tax

Philip Booth

1 November 2011

1 comment

In the midst of a eurozone sovereign debt crisis - caused largely by government profligacy - it is not surprising, but it is regrettable, that the German Finance Minister should call for more...

Bonfire of the quangos is mostly hot air

Richard Wellings

14 October 2010

8 comments

There are over 1,000 quangos in the UK. Today’s news that 192 of them are to be abolished appears to be concrete evidence that the coalition is taking radical action to reduce the role of...

Lessons from history show self-regulation to be the best kind of control

Philip Booth

9 August 2010

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In their election document, the country’s Catholic bishops – who are not known for their support of free market economics – pointed out: “A society that is held together just...

Abolishing agricultural subsidies in Western countries: the self-interested case

Kate Antrobus

21 July 2010

22 comments

The case for abolishing agricultural subsidies on the grounds that they are unjust and hugely damaging to developing countries is well documented. One can also make the case in environmental terms,...

Lower public spending leads to more jobs

Richard Teather

23 June 2010

comments

Over the next year or so the question of which countries best survived the bust is likely to be a major source of argument. Supporters of high taxes are already pointing to predictions...

Greece: the next ashes to be spread across Europe?

David Howden

26 April 2010

3 comments

Talks over what should happen about the Greek debt situation were recently delayed by the impromptu eruption of the Icelandic volcano Eyjafjallajökull. In the meantime, analysts and...

Don’t bail out Greece, part 2: markets unite, politics divides

Kristian Niemietz

5 March 2010

2 comments

In the 1960s, thousands of industrious Greek gastarbeiter came to work in West Germany. Immigration from Greece has been a success story of rapid integration and mutual economic benefit. With little...

Economics on the web (27.02.10)

Richard Wellings

27 February 2010

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" ● Philip Booth criticises bishops for supporting counterproductive welfare policies ● David Henderson argues Climategate is just the tip of the iceberg ● Oliver Marc...

Zero consistency in “Zero Poverty” campaign

Kristian Niemietz

8 February 2010

5 comments

“Today we invite you to come with us on a special journey; to open your eyes and look at poverty. Open your ears and listen to the voices of poor people! Open your heart and meet people! Open...

Latest recession news from Europe

D. R. Myddelton

14 August 2009

4 comments

The latest news from Europe on the progress of the recession is both good and bad. The good news is that in France and Germany the recession is over. The French and German economies both grew by 0.3...

Economics on the web (16.06.09)

Richard Wellings

16 June 2009

comments

● Philip Booth argues there is no real concept of a market in the British education system ● Gary Becker on Obama’s fatal conceit ● Samuel Brittan reviews...

Defending pay inequality

J. R. Shackleton

26 May 2009

6 comments

In the current febrile, even Jacobin, climate it may seem foolhardy to offer a defence of pay inequality. However, here goes. The classic explanation of how a free labour market allocates people to...

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