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Philip Booth
4 February 2016
4 comments

Before the financial crash of 2008, it was common for Conservatives to say: “the 1980s was when we put the economy right; now we have to maximise ‘national wellbeing’, reduce carbon...
Philip Booth
25 January 2016
3 comments

Recently, Ian King, in The Times, highlighted the lunacy of Transport for London’s statement about profits from London Underground: “We don’t make a profit because we reinvest all...
Philip Booth
22 January 2016
1 comment

Whenever something does not work properly, we demand a “fat controller” to sort it out – especially when it comes to trains. Sure, there are many aspects of our transport system...
Philip Booth
5 January 2016
3 comments

Whether you are a green activist or a poverty campaigner, energy policy under the Thatcher-Major-Blair governments was a striking success. Between 1990 and 1999, prices for domestic consumers fell by...
Philip Booth
18 December 2015
1 comment

Pope Francis has frequently described the present global financial system as an “economy that kills”. He often specifically criticises speculation on food prices. Addressing the UN this...
Philip Booth
15 December 2015
2 comments

The world often seems to be scared of deflation and, arguably, this creates an asymmetric bias towards inflation. For example, at the beginning of the 21st century, after the dotcom crash, there was...
Philip Booth
8 December 2015
comments

The Good Right’s Good Press Tim Montgomerie’s “The Good Right” certainly gets a good press. Like, for example, the fair trade movement, nobody can argue that they made a hash...
Philip Booth
5 November 2015
comments

Supra-national authorities, such as the EU, should do two things. They should restrain governments from over-stepping their natural authority. Second, they should provide ‘public goods’...
Philip Booth
4 November 2015
2 comments

From 4th to 7th October 2015, the IEA co-hosted the Think Tent event series at the Conservative Party conference in Manchester. The IEA’s Philip Booth took part in a panel entitled Should the...
Philip Booth
29 October 2015
4 comments

One of the most dangerous myths that pervades the political debate today is the idea that “neo-liberalism”, as the left describe it, has a stranglehold over economic policy. Certainly, if...
Philip Booth
26 October 2015
1 comment

The corporate tax system is currently under attack from the EU and the OECD. In principle, this is not a bad thing because the corporate tax system is flawed. However, the EU and the OECD do not wish...
Philip Booth
8 October 2015
1 comment

Nicky Morgan wrote an article on Conservative Home a week ago which revealed the true colours of modern feminism. The article is based on a great deal of economic ignorance and a hyper-materialistic...
Philip Booth
5 October 2015
1 comment

During the late 1990s and early 2000s, think tanks such as the IEA had a difficult time. We were told that the argument for the market economy had been won. A so-called neo-liberal hegemony had been...
Philip Booth
23 September 2015
comments

It is well-known that Churchill supported the concept of a union of nations on continental Europe. Less well-known is the fact that F. A. Hayek – the inspiration for many...
Philip Booth
21 September 2015
9 comments

Yesterday, in support of renationalising the operation of trains, Hilary Benn argued that the East Coast mainline was run perfectly satisfactorily whilst it was nationalised. This may be true. It is...
Christian Stadler and Lynne Kiesling
14 September 2015
2 comments

Do free markets help or oppress the poor? What, if anything, have free markets done for the poor worldwide? In this panel discussion at the IEA's THINK Conference, chaired by Ryan Bourne, this...
Philip Booth
7 September 2015
2 comments

A tax haven levies certain taxes at a zero or very low rate and combines this with limited information flows to other countries’ tax authorities and a lack of transparency in law making. By the...
Philip Booth
12 August 2015
3 comments

When the current government is not regulating prices by imposing floors, such as the minimum wage, it is regulating prices by imposing ceilings such as on consumer credit and pensions products. When...
Philip Booth
21 July 2015
1 comment

When the euro was adopted, British sceptics argued that it was impossible to have a single currency without a single country. They suggested that you need central control of fiscal policy to stop...
Carlo Stagnaro and Philip Booth
20 July 2015
1 comment

The British retail markets for electricity and gas are not delivering. But is the proposed cure better than the disease itself? The Competition & Markets Authority has recently released its...