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Kristian Niemietz
22 December 2014
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The 2004 film Saw was a fine horror movie, which immediately became a minor genre classic. In an ideal world, the makers of the movie would have left it there, and moved on to something else....
Ryan Bourne
20 December 2014
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No, I haven’t morphed into the Grinch. But given I work for an economics think-tank, this subject inevitably led to some heated debate among our colleagues at the staff Christmas party earlier...
Steven Kates
17 November 2014
2 comments

In my view, Say’s Law may be the single most important principle in economics. But it is a principle that was deliberately eliminated from within mainstream economic theory by John Maynard...
Eamonn Butler
6 November 2014
1 comment

It is sad to report the death of Gordon Tullock. He was a friend, likeable and respected as a great economist – even though he had no degree in economics. He came, rather, from a public...
Ryan Bourne
4 November 2014
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‘Never let a serious crisis go to waste’, concluded Rahm Emanuel, Barack Obama’s ex-chief of staff. For our political commentators, a more accurate phrase might be ‘never let...
Ryan Bourne
21 October 2014
2 comments

Forget political polls and voting intentions. The most important survey of recent months came from Pew Research on the attitudes of populations worldwide to capitalism and inequality. As many Western...
John H. Cochrane
13 October 2014
2 comments

The FT's Martin Wolf weighs in on ‘Why inequality is such a drag on economies’. This is the question that was bugging me last week. Why is inequality a problem in and of itself,...
Steven Kates
8 October 2014
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The text of the first edition of Free Market Economics: An Introduction for the General Reader was written in a kind of white heat over twelve weeks during the first months of the worldwide...
Christopher Snowdon
16 September 2014
1 comment

The economist Julian Simon once wrote that ‘the economic study of advertising is not deserving of great attention’, ruefully adding that ‘this is not a congenial point at which to...
Christopher Snowdon
8 September 2014
15 comments

Owen Jones’ new book, The Establishment, promises to be more than your average left-wing polemic against austerity, banksters, globalisation and ConDems. The blurb promotes it as an expos...
Roger Koppl
15 August 2014
4 comments

The recent economic crisis has destroyed some of the supposed ‘certainties’ of economic theory and policy. Both are in question as we try to understand the Great Recession and the long...
Mikko Arevuo
14 August 2014
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Randall Holcombe’s new textbook, Advanced Introduction to the Austrian School of Economics, is an important addition to the general Austrian economics literature. The book gives an erudite...
Deirdre McCloskey
6 August 2014
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Deirdre McCloskey, author of The Bourgeois Era series, speaks to ieaTV about inequality, the amazing growth in the wealth of the working class over the past three hundred years and how wealth and...
Stefan Kolev
14 July 2014
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Does liberty need a constitution? Or, what might at first glance sound even more paradoxical, does it need a framework of rules for a free society to be established and to flourish? F. A. Hayek...
Philip Booth
10 July 2014
5 comments

  Scott Sumner produced an excellent blog post on Piketty recently. It begins by quoting Piketty: ‘In my view, there is absolutely no doubt that the increase of inequality in United States...
Ryan Bourne
24 June 2014
1 comment

A lack of authenticity among politicians is a common lament. Conservative MP Sarah Wollaston expressed this conventional wisdom recently when she said: ‘I think the public dislike the cardboard...
Philip Booth
23 June 2014
3 comments

We seem to think that there is something special about manufacturing. Perhaps it is because its products are tangible. George Osborne has fallen into this trap more than once, most notably in his...
Philip Booth
20 June 2014
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There is no shortage of those on both sides of the political spectrum queuing up to excoriate big business. The CPS has recently joined the fray, suggesting that big business tramples on the people....
Philipp Bagus
6 June 2014
1 comment

Thomas Piketty´s book, Capital in the Twenty-First Century, on growing inequality in capitalism, has become a bestseller. Piketty offers much data claiming that inequality is rising and draws...
Lars Christensen
2 June 2014
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Allan Meltzer is one of the greatest economists of his generation. I have admired Meltzer since I started studying economics in the early 1990s, and his work on monetary theory has had a very...