Richard Wellings
31 January 2011
Radio 4 has produced a documentary on F. A. Hayek and the Austrian school of economics. The programme, Radical Economics: Yo Hayek!, will be broadcast tonight (31st January) at 8:30. It...
Andre Johnston Phijuntjitr
6 July 2010
It has become increasingly clear that interventionism played a significant role in precipitating the 2008 financial crisis. The Austrian School is more than capable of providing the...
Laurence Copeland
12 June 2009
We could see it coming, couldn’t we? Those gigantic over-leveraged hedge funds were bound to come crashing down, as their massive bets turned sour, forcing them to default on their bank loans...
Philip Booth
1 June 2009
In every walk of life there are people who are greedy, selfish and sometimes those who downright cheat. Some MPs stretched their expenses to the limit, some people have cheated on social security...
authors of Verdict on the Crash
12 May 2009
In a statement published today in the Daily Telegraph and reproduced below, fourteen leading economists – authors of the comprehensive new IEA study, Verdict on the Crash - explain...
Tim Congdon
30 March 2009
The current financial crisis raises fundamental questions about the relationship between the commercial banks and the Bank of England. Before 1997 Britain had a system in which the Bank of England...
Philip Booth
6 March 2009
Surely Gordon Brown needs a new speech writer. Apparently the US Congress voted with their feet, with the empty seats being filled up with staffers but, had they stayed, what would they have...
Richard Wellings
13 February 2009
From a monetarist perspective, a strong case can be made in support of the Bank of England’s decision to engage in quantitative easing. A severe deflationary shock would cause big problems for...
Richard Wellings
12 February 2009
● Philip Booth discusses the growing debt burden in the Yorkshire Post
● Eamonn Butler explains why political interference is creating a new banking crisis
● ...
Terry Arthur
30 January 2009
Adam Smith’s ‘agency problem’, the separation of ownership from control, enables big-business executives and directors to pursue their own agenda. All too often this results in an...
Richard Wellings
29 January 2009
● Philip Booth discusses Barack Obama on American Public Radio
● Peter Boettke explains why politicians are making the recession worse
● Donald Boudreaux has...
Kristian Niemietz
28 January 2009
Once the current recession is finally over, poverty researchers might well find themselves confronted with a puzzle. For it is entirely possible that the downturn will actually help the government...
Nick Silver
26 January 2009
In his excellent book, The Origin of Wealth, Eric Beinhocker argues that it is markets, not individual companies, which are most effective at allocating resources. This apparently subtle distinction...
Philip Booth
22 January 2009
Some people have suggested that the current crisis suggests that ‘free’ markets are dead. Given the high degree of regulatory scrutiny in the financial sector that is not a point of view...
Nick Silver
21 January 2009
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...
Peter King
19 January 2009
Should the UK government really be encouraging households to borrow money to buy houses in the current climate? And should it be encouraging banks to lend to them as part of the latest bailout...
Richard Wellings
13 January 2009
● John Blundell advocates the privatisation of Britain’s forests – and explains why Adam Smith must be rolling in his grave.
● Eamonn Butler argues that...
Nick Silver
6 January 2009
The UK has recently undergone a banking crisis, the reasons for which have been much analysed, but basically boil down to a mixture of liquidity problems (banks unwilling to lend to each other) and...
Richard Wellings
5 January 2009
Will a green ‘New Deal’ help get Britain out of recession? The Liberal Democrats, for example, have proposed the reopening of disused railway lines as a means of boosting the economy....
Richard Wellings
18 December 2008
The Madoff scandal is yet more bad news for the financial sector. Several major banks may have lost hundreds of millions of dollars in the alleged scam.
An important question is whether this would...