Society and Culture
Treating people differently based on characteristics beyond their control is illiberal, divisive, and fails to help those who are genuinely … Continue reading “Strip back the Equality Act to better protect genuinely disadvantaged, says new IEA Report “
Tax and Fiscal Policy

Matthew Lesh writes for The Telegraph

IEA Director of Public Policy and Communications Matthew Lesh has written for The Daily Telegraph warning against reported plans to … Continue reading “Treasury Plots Tax Raid on ‘One of the Few Well-Functioning Parts of Britain’s Tax System’”
Government and Institutions

Andy Mayer quoted in The Telegraph

The IEA’s Chief Operating Officer and Energy Analyst, Andy Mayer questioned Mr Packham’s objectivity, saying: “Some will question whether Packham … Continue reading “Campaigners argue that film “Chris Packham Just Stop Oil” could undermine the impartiality of the BBC”
Regulation

Mark Littlewood appears on GB News

IEA Director General Mark Littlewood appeared on GB News. Appearing on Esther and Phil, Mark discussed a new report published … Continue reading “”
Lifestyle Economics

Christopher Snowdon quoted in The Express

IEA Head of Lifestyle Economics, Christopher Snowdonwas quoted by The Scottish Daily Express on SNP Government’s funding for anti-alcohol lobby … Continue reading “Taxpayer funding for nanny state groups “undemocratic and frankly corrupt”, says IEA expert”
Economics
As inflationary pressures bite, new research finds excessive taxation and intolerable administrative barriers across European countries are disproportionately hitting the poorest households. … Continue reading “Landmark European study finds high taxes and harsh regulation worsen cost-of-living crisis”
Energy and Environment

Andy Mayer quoted in The Mail

IEA Chief Operating Officer and Energy Analyst Andy Mayer has been quoted in The Daily Mail responding to reports that … Continue reading “Importing more U.S. gas while banning fracking would be yet another exercise in climate posing”
Government and Institutions

Neil Record writes in The Telegraph

IEA Chairman Neil Record has written for The Daily Telegraph advocating public sector pension reforms which could deliver value to … Continue reading “Public sector pension reforms should give civil servants more choice and flexibility”
Economics

Matthew Lesh quoted in the Sunday Express

The IEA’s Head of Public Policy Matthew Lesh has been quoted in the Sunday Express discussing the upcoming fiscal event. … Continue reading “Friday’s fiscal event must kickstart an “agenda to boost productivity and make work pay””
Lifestyle Economics

Christopher Snowdon writes for CapX

Christopher Snowdon, IEA Head of Lifestyle Economics, has written for CapX on the Mayor’s recent claims regarding obesity and junk … Continue reading “Claims that junk food ad bans reduce obesity are based on “shameless junk science””
Government and Institutions

Matthew Lesh quoted in iNews

Matthew Lesh, Head of Public Policy at the IEA, has been quoted in iNews commenting on the Conservative leadership race. … Continue reading “Tories worried party divisions arising from leadership contest will have long-term consequences”
Healthcare

Christopher Snowdon comments for The Telegraph

Christopher Snowdon, IEA Head of Lifestyle Economics, has commented for The Telegraph on reports that NHS Senior Managers’ pay has … Continue reading “Increased NHS salaries exhibits “entitlement and extravagance”, says IEA researcher”
Regulation

Matthew Lesh referenced in the Lancashire Times

‘In Harm’s Way: Why online safety legislation needs an Independent Reviewer’, a new paper on the Online Safety Bill by … Continue reading “The draft Online Safety Bill is a ‘drastic threat to freedom of expression’, warns IEA researcher”
Education

Emily Carver writes for Conservative Home

Emily Carver, IEA Media Manager, has written her column for Conservative Home on the government’s decision to introduce a mask … Continue reading “Masking our pupils should be a policy of last resort, not a visceral reaction to public pressure”
Society and Culture

Marc Glendenning writes for The Telegraph

Marc Glendenning, Head of Cultural Affairs at the IEA, has penned a letter in the Telegraph outlining the threats posed … Continue reading “The Online Safety Bill demonstrates the influence of the New Left in our public bodies”
Economic Theory

IEA research referenced in The Telegraph

In his article for the Telegraph on capitalism’s ability to encourage innovation and prosperity, Marc Sidwell referenced the research paper, … Continue reading “Two-thirds of younger people think they would like to live in a socialist economic system”
Tax and Fiscal Policy

IEA report discussed in the North East Post

In his new report on the cost of public sector pensions, Neil Record, Chairman of the IEA, points out that … Continue reading “The public have been misled over the cost of public sector pensions, finds new IEA research”
Government and Institutions

Victoria Hewson quoted in the Daily Express

The Labour Party have called for more more public contracts to be awarded to British businesses in an attempt to … Continue reading “Labour’s plan to award more public contracts to British businesses is ‘protectionist’”
Markets and Morality

Mark Littlewood comments on "The Inequality Virus" report

Responding to “The Inequality Virus,” a new report from Oxfam, Mark Littlewood, Director General at free market think tank the … Continue reading “Oxfam’s proposals demonstrate “misunderstanding of economics and poverty relief””
Society and Culture
Throughout the Covid-19 crisis, governments have relied heavily on the advice of epidemiologists and health professionals, yet the economics profession has been … Continue reading “Excluding economists from Covid policymaking a “serious mistake,” says new IEA briefing paper”
Lifestyle Economics

Christopher Snowdon writes for CapX

Former Chief Medical Officer Professor Dame Sally Davies, dubbed the ‘nanny-in-chief’ by the press, is back in the media, blaming … Continue reading “If you’re looking for blame, try the public health establishment that was so unprepared for the pandemic”
Tax and Fiscal Policy

Julian Jessop responds to record GDP growth

Responding to data from the Office for National Statistics (ONS) showing gross domestic product (GDP) grew by a record 15.5% … Continue reading “It is vital government resists calls for tax increases to ‘pay for Covid’, says IEA expert”
Government and Institutions
In response to Boris Johnson’s announcement of further restrictions across England, Mark Littlewood, Director General at the Institute of Economic … Continue reading “We are “at a point where the cure is worse than the disease,” says IEA Director General”
Tax and Fiscal Policy
Responding to the Chancellor’s announcement of increased support for businesses and workers hit by Covid-19 restrictions, IEA Director General Mark Littlewood … Continue reading “IEA responds to Chancellor’s announcement of increased support for businesses and workers”
Government and Institutions

Emma Revell writes for Conservative Home

Responding to the news that the Chancellor will maintain the triple-lock on pensions, the IEA’s Head of Public Affairs Emma … Continue reading “Inter-generational inequality is one of the most pressing issues on the domestic policy agenda”
Tax and Fiscal Policy

Neil Record writes for Conservative Home

The first priority of the Chancellor must be “to stop the mountain of public debt growing any larger”, writes the … Continue reading “To revive the economy, the Chancellor should pursue policies with a proven track record of success”
Labour Market

Neil Record writes in Conservative Home

The first priority of the Chancellor must be “to stop the mountain of public debt growing any larger”, writes the … Continue reading “The Chancellor should ‘learn the lessons from the recent past’ to salvage the economy”
Tax and Fiscal Policy

Kristian Niemietz writes for CapX

A report last week by the High Pay Centre and Autonomy calling for the introduction of a national maximum wage received favourable … Continue reading “A maximum wage, just like all other eat-the-rich policies, will not help low earners”
Tax and Fiscal Policy
 New briefing paper and accompanying open letter from the Institute of Economic Affairs highlight the conditions that prevailed during recent periods of economic … Continue reading “Economists, politicians, academics and businesspeople sign open letter to the Chancellor”
Tax and Fiscal Policy

Mark Littlewood writes for The Daily Telegraph

The United Kingdom is facing “ever-worsening national debt over the long run and one which now poses a major threat … Continue reading “The Chancellor can’t afford to deepen the already growing hole in the public finances”
Lifestyle Economics

Christopher Snowdon quoted by The Telegraph

Public Health England’s plans to introduce new guidelines to shrink the calorie content of most food, “is the death rattle … Continue reading “PHE’s plans to shrink your chips are the “death rattle of a profoundly useless organisation””
Healthcare

IEA research quoted in the Daily Express

The Daily Express has run a news piece on the IEA’s recent briefing paper, You Had One Job. It described the report, … Continue reading “WHO and PHE were “distracted by their pet projects” and “dropped the ball” on Covid-19″
Government and Institutions

Mark Littlewood writes for the Daily Telegraph

The public sector and its quangos “needs to adopt the disciplines, risks and attitude to responsibility of the [private sector] … Continue reading “It time to revamp Britain’s quangocracy and spread free-market principles into the public sector”
Tax and Fiscal Policy

Julian Jessop quoted by City AM

According to British Chambers of Commerce (BCC) president Baroness Ruby McGregor-Smith, the government must sustain high levels of public spending … Continue reading “British Chambers of Commerce’s call for expansionary fiscal policy “reckless, not bold””
Tax and Fiscal Policy

IEA quoted in The Sunday Times

Responding to the Chancellor’s plans to increase public spending and borrowing, the IEA’s Director General Mark Littlewood warned that the … Continue reading “Chancellor “seems to think the only best way to boost growth is through public spending””
Lifestyle Economics

Christopher Snowdon quoted in the Daily Telegraph

Public health campaigners have proposed limiting the size of wine glasses in restaurants in a bid to limit binge drinking, … Continue reading “Public health campaigners “out of touch” as they bid to limit wine glass size”
Tax and Fiscal Policy

Prof Len Shackleton quoted in City AM

Reports that the government may relax its fiscal rules in favour of public spending hikes – most likely funded through … Continue reading “Relaxing fiscal rules risks “undermining the work done to rein in the country’s budget deficit””
Government and Institutions

IEA spokespeople respond to the Conservative Party's 'Brexit roadmap'

Commenting on the Conservative Party’s pledge to introduce a new state aid regime, Head of Regulatory Affairs at the Institute … Continue reading “IEA: Calls to expand state aid translate to “support for cronyism””
Tax and Fiscal Policy

Professor Syed Kamall responds to general election spending pledges

Responding to today’s campaign speeches from Chancellor Sajid Javid and Shadow Chancellor John McDonnell, the Institute of Economic Affair’s Academic and Research … Continue reading “IEA: Both parties have “abandoned fiscal restraint” in favour of more borrowing”
Tax and Fiscal Policy

Mark Littlewood responds to the Prime Minister's party conference speech

Commenting on Prime Minister Boris Johnson’s speech to Conservative Party Conference, Director General at the Institute of Economic Affairs Mark … Continue reading “IEA: Prime Minister must pay more than just “lip service” to free markets and fiscal responsibility”
Government and Institutions

Kate Andrews responds to the Leader's speech at Labour Party Conference

Commenting on Jeremy Corbyn’s speech to Labour Party Conference, the Institute of Economic Affairs’s Associate Director Kate Andrews said: “Jeremy … Continue reading “IEA: Labour leader’s patent overhaul “likely to worsen” NHS problems”
Government and Institutions

IEA responds to Shadow Chancellor's speech at Labour Party Conference

Commenting on John McDonnell’s speech to Labour Party Conference, the Institute of Economic Affairs’s Academic and Research Director Prof Syed … Continue reading “IEA: Shadow Chancellor rejects free enterprise, promotes “tried and failed socialist ideology””
Government and Institutions

Mark Littlewood responds to Jo Swinson's leader's speech

Commenting on Jo Swinson’s speech to Liberal Democrat Conference, Mark Littlewood, Director General at the Institute of Economic Affairs, said: … Continue reading “IEA: Lib Dems offer “illiberal concoction” of public spending and state intervention”
Tax and Fiscal Policy

Mark Littlewood comments on the Shadow Chancellor's pre-spending review speech

Commenting on Shadow Chancellor John McDonnell’s pre-spending review speech, Director General of the Institute of Economic Affairs Mark Littlewood said: … Continue reading “McDonnell’s criticism of PM’s spending splurge is the wrong one”
Lifestyle Economics

New report on food reformulation plans which seek to reduce the per capita consumption of sugar, salt, and calories

The government’s food reformulation agenda encourages companies to design recipes that please Public Health England (PHE) and ignore the tastes … Continue reading “Food reformulation by stealth designed to please Public Health England, not consumers, says new IEA report”
Housing and Planning

Reforms include reforms to the planning system and lower taxes

Today the Institute of Economic Affairs publishes a report, co-authored by Jacob Rees-Mogg MP, that proposes a programme of free-market … Continue reading “New IEA report, co-authored by Jacob Rees-Mogg MP, sets out proposals to fix the UK housing market”
Tax and Fiscal Policy

IEA responds to leadership candidate's pledge to review effectiveness of 'sin taxes'

Commenting on Boris Johnson’s pledge, if elected Leader of the Conservative Party, to launch a comprehensive review into the effectiveness … Continue reading “It’s encouraging to see Mr Johnson take a stand against sin taxes”
Trade, Development, and Immigration

IEA report sets out proposals for agriculture, post-Brexit

The UK’s withdrawal from the European Union and Common Agricultural Policy (CAP) provides an opportunity to develop a more productive … Continue reading “UK farming industry can prosper unshackled from the Common Agricultural Policy”
Energy and Environment

Kate Andrews comments on Labour plans

Commenting on the Labour Party’s energy nationalisation proposal, Associate Director at the Institute of Economic Affairs Kate Andrews said: “Nationalising … Continue reading “Nationalising the UKs’s energy grid would be a step back into the dark ages, says IEA”
Healthcare

IEA report encourages more competition in health & social care systems

Competition and markets should be introduced into the UK’s health and social care systems to find the best ways of … Continue reading “Market forces are the best way to successfully integrate health and social care, says new IEA report”
Lifestyle Economics

Christopher Snowdon comments on new study in The Lancet

Responding to a study in The Lancet which claims that harmful drinking is rising, and which endorses alcohol control policies … Continue reading “The Lancet’s support for repressive regimes’ alcohol control policies is worrying”
Lifestyle Economics

Findings from the Nanny State Index 2019

Only three EU countries are worse than Britain when it comes to nanny state interference, according to the latest research. … Continue reading “UK is the best country in the EU for vaping but one of the worst for interference in everything else”
Lifestyle Economics

Christopher Snowdon quoted in The Telegraph

Christopher Snowdon, head of Lifestyle Economics at the Institute of Economic Affairs, is quoted in The Telegraph, following news Wimbledon’s … Continue reading “Junk food ad ban: Strawberries and cream Wimbledon advert removed from TfL network”
Labour Market

Len Shackleton comments on the anniversary of the National Minimum Wage

Commenting on the 20th anniversary of the introduction of the National Minimum Wage, Professor Len Shackleton, Editorial Research Fellow at … Continue reading “Politicising the National Minimum Wage will not help those on low incomes”
Lifestyle Economics

IEA responds to Cancer Research UK calls to ban food promotions

Responding to Cancer Research’s call for restrictions on price promotions on food, Christopher Snowdon, Head of Lifestyle Economics at the … Continue reading “Banning discounts on food will hit the pockets of the poorest the hardest”
Government and Institutions

IEA releases the next in a series of research on use of public money to lobby government

Following on from research published between 2012 and 2014, a new report from the Institute of Economic Affairs finds that … Continue reading “Taxpayer-funded activism declines in England, but soars regionally & in the EU says new IEA report”
Economic Theory

IEA releases new, comprehensive book on socialism

Today the Institute of Economic Affairs unveils a new book from our Head of Political Economy Dr Kristian Niemietz: ‘Socialism: … Continue reading “IEA publish new comprehensive book, “Socialism: the failed idea that never dies””
Trade, Development, and Immigration

IEA release report on the effect of a "No-Deal" Brexit on food supply

Today the Institute of Economic Affairs launches another briefing in its series of ‘no-deal’ Brexit Fear-Checkers to help separate theoretical risks from … Continue reading “Fears of empty supermarket shelves after no-deal Brexit are overblown, says new IEA briefing”
Lifestyle Economics

Christopher Snowdon comments in the Sunday Mirror

The IEA’s Head of Lifestyle Economics Christopher Snowdon has been quoted by the Sunday Mirror, in light of the Lancet … Continue reading “Bureaucrats and activist shouldn’t be allowed to decide what the public is allowed to eat”
Society and Culture

The IEA reacts to Oxfam's inequality report

Commenting on Oxfam’s Its Public Good or Private Wealth? report on inequality, Associate Director at the Institute of Economic Affairs Kate Andrews … Continue reading “Oxfam’s obsession with the rich distracts from their aim of tackling poverty”
Trade, Development, and Immigration

IEA releases report on immigration policy post-Brexit

The UK’s approach to immigration policy is economically damaging, too restrictive when it comes to high-skilled workers and does not … Continue reading “UK should scrap net migration target & introduce two-lane immigration system post-Brexit, says new report”
Labour Market

IEA reacts to High Pay Centre analysis of executive pay

Commenting on the High Pay Centre’s analysis of executive pay released today, Mark Littlewood, Director General at the Institute of … Continue reading “‘Fat Cat Friday’ is a gimmick that distracts from the real issue of low pay”
Education

IEA opens new education centre in collaboration with the University of Buckingham

The Institute of Economic Affairs, in collaboration with the University of Buckingham, today announces the opening of the Vinson Centre, … Continue reading “IEA opens the Vinson Centre in collaboration with the University of Buckingham”
Labour Market

IEA reacts to the Autumn Budget Announcements 2018

Commenting on the Chancellor of the Exchequer’s Autumn Budget announcements, the IEA’s Director General Mark Littlewood said: “From education to … Continue reading “Fiddly Budget has abandoned deficit elimination & leaves tax burden at near 50 year high”
Housing and Planning

IEA announces winner of the Richard Koch Breakthrough Prize

Ben Clements, an analyst based in London, will tonight be announced as the winner of the £50,000 IEA Breakthrough Prize. … Continue reading “£50,000 IEA Breakthrough Prize awarded to entry calling for public land to be freed up for housing”
Trade, Development, and Immigration

IEA releases a primer on free trade

Following the advent of the Internet, our systems of economic co-operation have become the most productive they have ever been. … Continue reading “Free trade is the foundation of modern economies & modern prosperity, says new IEA report”
Lifestyle Economics

IEA responds to Lancet report on alcohol control

Responding to an article in The Lancet* calling for a global movement of ‘alcohol control’, Christopher Snowdon, Head of Lifestyle … Continue reading “Move for more ‘alcohol control’ is paternalistic & ignores scientific evidence”
Trade, Development, and Immigration

IEA reacts to the Department of International Trade's new export strategy

Commenting on the Department for International Trade’s new export strategy, Julian Jessop, Chief Economist at the Institute of Economic Affairs … Continue reading “New export strategy right to encourage openness and prioritise growth”
Housing and Planning

The IEA comments on CPRE's Green Belt report

Commenting on the Campaign to Protect Rural England’s latest report, which finds almost half a million houses are planned to … Continue reading “Green Belt regulations stand in the way of young people getting on the housing ladder”
Government and Institutions

IEA releases extensive report on the importance of regulatory autonomy

An extensive new IEA report released today sets out an alternative roadmap to the Brexit White Paper that will deliver … Continue reading “IEA sets out alternative Brexit White Paper that could boost GDP by more than 7 per cent in 15 years”
Trade, Development, and Immigration

ITCU Advisory Council comes to the UK

The Advisory Council members of the recently launched IEA International Trade and Competition Unit will be in London and available … Continue reading “Sir Lockwood Smith & IEA Trade Unit Advisory Council available for interview next week”
Lifestyle Economics

IEA responds to World Health Organisation report on non-communicable diseases

Commenting on the World Health Organisation’s report ‘Time To Deliver’ on non-communicable diseases, Christopher Snowdon, Head of Lifestyle Economics at … Continue reading “IEA welcomes WHO decision to exclude taxes on food & drink from recommendations”
Lifestyle Economics

IEA reacts to Public Health England's sugar reduction progress report

Commenting on Public Health England’s progress report on the sugar reduction scheme, Christopher Snowdon, Head of Lifestyle Economics at the Institute … Continue reading “Public Health England sugar reduction scheme has led to ‘shrinkflation’ rip off”
Lifestyle Economics

IEA releases report on how much increased sin taxes could inflate the cost of food

A behind-closed-doors summit this weekend will agree a manifesto that will dramatically increase the price of food and groceries for … Continue reading “WHO proposals on sin taxes could increase a British family’s food bills by nearly £500 each year”
Labour Market

IEA releases report on the rise of robots & their potential impact on the labour market

The panic surrounding technological development and the expanding use of robots is largely overstated, based on speculation and limited facts. … Continue reading “Robot tax would damage UK investment & protect just 15 per cent of UK jobs”
Tax and Fiscal Policy

IEA reacts to proposal for Government to handout £10,000 to millennials to fix intergenerational unfairness

Commenting on the Resolution Foundation’s proposal that every person in Britain should receive £10,000 when they turn 25, Kate Andrews, News … Continue reading “Resolution Foundation identify problem but fail in their solution”
Regulation

IEA releases report on the need to reduce non-tariff barriers post-Brexit

Growing protectionism via the increase in non-tariff barriers to trade, such as local regulations or subsidies, has led to weaker … Continue reading “Non-tariff barriers must be reduced to tackle unusually weak growth in global trade”
Trade, Development, and Immigration

IEA releases briefing on customs arrangements post-Brexit

The UK Government should be taking practical steps now to reap the benefits of an independent trade policy when we … Continue reading “Government must set up new customs processes urgently to make a success of an independent trade policy post-Brexit”
Trade, Development, and Immigration

IEA releases report ahead of the Commonwealth Heads of Government Meeting

Today, ahead of the meeting of Commonwealth Heads of Government, the Institute of Economic Affairs is calling for Commonwealth countries … Continue reading “Commonwealth countries must work together to remove barriers to economic growth”
Trade, Development, and Immigration

IEA announces new International Trade and Competition Unit

The Institute of Economic Affairs, the UK’s leading free-market think tank, today announces the launch of its new International Trade … Continue reading “Shanker Singham to head up new Trade Unit at Institute of Economic Affairs”
Lifestyle Economics

IEA reacts to Public Health England’s plans to cut calorie consumption

Commenting on Public Health England’s plans to cut calorie consumption, Christopher Snowdon, Head of Lifestyle Economics at the Institute of … Continue reading “Public Health England is taking one-size-fits-all health policy to new depths”
Government and Institutions

IEA reacts to the Prime Minister's 'Road to Brexit' speech

Commenting on Theresa May’s ‘Road to Brexit’ speech, Julian Jessop, Chief Economist at the Institute of Economic Affairs said: “The … Continue reading “Prime Minister’s Brexit speech promising, but close regulatory alignment a concern”
Government and Institutions

IEA releases analysis revealing Brexit bias on flagship political programmes

A new analysis of nearly 600 panellists on two key BBC programmes has found that Leave supporters have been badly … Continue reading “IEA analysis shows systemic bias against ‘Leave’ supporters on flagship BBC political programmes”
Lifestyle Economics

IEA reacts to call for mandatory health warnings on alcohol

Commenting on the Royal Society for Public Health’s call for mandatory health warnings on alcohol, Christopher Snowdon, Head of Lifestyle … Continue reading “Don’t force alcohol companies to put false information on their products”
Labour Market

IEA releases report on occupational licensing in the UK

The proportion of UK employees needing a licence to work has doubled in the last fifteen years. But with advances … Continue reading “Proportion of UK employees needing a licence to work has doubled in the last 15 years”
Lifestyle Economics

IEA reacts to Supreme Court ruling on minimum alcohol pricing in Scotland

Commenting on the Supreme Court’s decision to back Scottish minimum alcohol pricing, Chris Snowdon, Head of Lifestyle Economics at the … Continue reading “Decision on minimum alcohol pricing disappointing & will hit poorest the hardest”
Education

IEA releases report on education in post-conflict countries

Low-cost private schools in post-conflict countries have a positive social impact and provide a superior standard of education compared to … Continue reading “Embrace private sector education in post-conflict states to improve standards”
Education

IEA reacts to Government plans to intervene in university vice chancellors' pay

Commenting on the Government’s plans to crack down on university vice-chancellor pay, Len Shackleton, Editorial Research Fellow at the Institute … Continue reading “Government intervention in vice-chancellor pay will drive talent away from UK universities”
Labour Market

New IEA report released on the problems with overzealous employment regulation

Whichever party wins the General Election this week, UK workers are almost certain to face increasing employment regulation. Whether it’s … Continue reading “Political consensus to increase employment regulation risks undermining the economy”
Tax and Fiscal Policy

Reaction to Conservative Party manifesto

Commenting on the Conservative Party manifesto, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “This manifesto contains … Continue reading “Interventionist manifesto does go some way to improve intergenerational fairness”
Tax and Fiscal Policy

Reaction to the Liberal Democrat Party's manifesto

Commenting on the Liberal Democrat Party’s manifesto, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “The Liberal Democrats’ manifesto is … Continue reading “Unambitious Liberal Democrat manifesto hamstrung by tax and spending commitments”
Tax and Fiscal Policy

Reaction to official Labour Party manifesto launch

Commenting on the Labour Party’s manifesto, Julian Jessop, Chief Economist at the Institute of Economic Affairs, said: “Advocating more government spending, more … Continue reading “Labour Party manifesto pledges would impose largest tax burden since the 1940s”
Tax and Fiscal Policy

Reaction to Labour's leaked manifesto

Commenting on the Labour Party’s leaked manifesto, Julian Jessop, Chief Economist at the Institute of Economic Affairs, said: “The Labour Party’s manifesto includes delusional … Continue reading “Labour’s manifesto pledges would add at least £40bn to public spending”
Regulation

Reaction to Labour's plans to restrict advertising further

Commenting on the Labour Party’s plan to introduce stricter regulations on advertising of junk food, Christopher Snowdon, Head of Lifestyle … Continue reading “Labour’s advertising restrictions will do nothing to tackle childhood obesity”
Energy and Environment

Reaction to Conservative party plans to place a cap on household energy bills

Commenting on the Conservative Party’s plan to cap household energy bills, Julian Jessop, Chief Economist at the Institute of Economic … Continue reading “Arbitrarily capping prices on energy bills would be counterproductive”
Tax and Fiscal Policy

IEA announces Richard Koch Breakthrough Prize winner

Two recent Cambridge graduates, Mark Feldner and Mathew Bonnon, will tonight be announced as winners of the £50,000 IEA Breakthrough … Continue reading “£50,000 IEA Breakthrough Prize awarded to entry calling for local tax competition”
Education

IEA releases report on government intervention in the childcare sector

Childcare provision in the UK is amongst the most expensive in the developed world. This is despite the government pouring more than … Continue reading “Many families now spend a third of their net income on childcare, finds new report”
Lifestyle Economics

Reaction to calls for the government to increase duty on 'cheap' alcohol

Commenting on the Alcohol Health Alliance’s call on government to increase duty on cheap, high strength alcohol, Christopher Snowdon, Head … Continue reading “IEA Response to the Alcohol Health Alliance: Tax all alcohol at the same rate”
Trade, Development, and Immigration

IEA releases report on the costs & consequences of restrictions on migration

Political posturing, anti-immigration campaigns and the media have, for too long, perpetuated the myth that immigration is inherently bad for … Continue reading “Keep freedom of movement regardless of single market membership, IEA report says”
Government and Institutions

IEA report says EU unification of financial regulation provides little benefit to member states

The EU has been trying to unify all aspects of non-bank financial regulation for many years, with very little benefit … Continue reading “EU harmonisation of financial services regulation unnecessary & undesirable”
Government and Institutions

An outline of Britain’s 13 biggest economic policy mistakes of the last century

Future UK governments have much to learn from the destructive economic policies implemented during the 20th century. Repeated attempts to … Continue reading “Support for ‘Corbynomics’ could see damaging policy mistakes repeated”
Government and Institutions

European Commission's Capital Markets Union proposal needs to steer clear of standardisation and centralisation

Commenting on the unveiling of the European Commission’s Capital Markets Union proposal, Diego Zuluaga Laguna, Deputy Director of EPICENTER, said:  “The European … Continue reading “The key to achieving well-functioning capital markets in Europe”
Tax and Fiscal Policy

Long-term prosperity will not be secured through higher taxes, higher spending and more regulation

Commenting on Shadow Chancellor John McDonnell’s speech to Labour Party Conference, Mark Littlewood, Director General at the Institute of Economic … Continue reading “Labour’s approach to deficit reduction is pure fantasy”
Trade, Development, and Immigration

The latest edition of the annual Economic Freedom of the World Report outlines where the UK ranks on economic freedom

The United Kingdom ranks 10th out of 157 countries and territories included in the Economic Freedom of the World: 2015 … Continue reading “UK ranks 10th among 157 jurisdictions on economic freedom”
Welfare

New report debunks the myth that positive social and economic outcomes in Scandinavia are a result of a generous welfare state and high taxes

Free-market policies and pre-existing cultural norms were responsible for the economic and social success of Scandinavian countries. Contrary to popular … Continue reading “Scandinavian success is not due to high taxes and welfare spending”
Welfare

Mark Littlewood calls for politicians to be bold, but fair when it comes to welfare reform

Commenting on David Cameron’s speech on welfare reform, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “With … Continue reading “The focus of welfare reform must be broader for substantial savings”
Welfare

Universal benefits to pensioners shouldn't be protected

Commenting on David Cameron’s pledge to protect universal benefits for pensioners, Director General at the IEA, Mark Littlewood, said: “Politicians … Continue reading “Pensioner benefits shouldn’t be protected at the expense of the taxpayer”
Tax and Fiscal Policy

Reducing the UK's deficit requires a serious review of government spending

Commenting on David Cameron’s speech on the deficit, Ryan Bourne, Head of Public Policy at the Institute of Economic Affairs, … Continue reading “Politicians must be honest about the scale of the UK’s debt challenge”
Lifestyle Economics

The Children’s Food Campaign’s own figures suggest that the cost of a sugary drinks tax to London taxpayers will be £2.6 billion over twenty years.

The Children’s Food Campaign claims that a 20% tax on sugary drinks will save London taxpayers £39 million over twenty … Continue reading “Tax on sugary drinks would cost Londoners £2.6 billion”
Welfare

Reviving contracting-out of the state pension will benefit millions in retirement

The current state pension system risks under-delivering for future generations and overstretching the public purse. Reviving the option of contracting-out … Continue reading “Reviving contracting out of pensions will boost financial security in retirement”
Government and Institutions

Mark Littlewood comments on the recommendations of the London Health Commission report

Commenting on recommendations from the London Health Commission report, such as smoke-free parks and mandatory traffic-light labelling on restaurant menus, Mark … Continue reading “IEA slams London Health Commission’s calls on public health”
Government and Institutions

Reaction to the Chancellor's speech

Commenting on George Osborne’s speech, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “The Chancellor should be … Continue reading “Spending restraint rather than tax rises shows Osborne serious about deficit reduction”
Society and Culture

Don't overregulate the advertising industry, as it brings great benefits to the consumer

Banning and restricting advertising has little to no effect on overall consumption, but it does create negative consequences for consumers. … Continue reading “Drop the opposition: Advertising benefits us all”
Economic Theory

A book about the prospects for reducing the size of the state

The government should transfer responsibilities for spending and taxation to local authorities in order to increase long-term economic growth. The … Continue reading “Fiscal decentralisation should be pursued to ensure long-term economic prosperity”
Economic Theory

New IEA research shows that free-market reforms insulate countries from the worst effects of economic crises

There is no need for a government to choose between reforming the economy and remaining popular, according to new research … Continue reading “Free-market reforms insulate against economic crises and electoral defeat”
Welfare

New IEA research sets out ten policy recommendations to ease the state pension time bomb

Recent government commitments to continue to increase state pension expenditure in real terms are both unaffordable and irresponsible. Instead, the … Continue reading “Government reforms to state pension age must go further and faster, argues new report”
Transport

New report calls for a market mechanism to solve airport capacity issues

Government involvement in the debate on airport capacity is both unnecessary and undesirable. Ahead of the Airports Commission’s findings this … Continue reading “Airport expansion must be wrestled from government’s hands, argues new report”
Transport

New report argues for standing only economy class rail carriages

Rail commuters should be given more choice regarding the quality of service and the cost of fares. An additional high-density, … Continue reading “Introduce ‘economy class’ rail travel to reduce need for investment, new report argues”
Economic Theory

Mark Littlewood discusses a stronger economy for the UK

Thanks so much for inviting me to speak today. And particular thanks for holding your conference this year in Westminster … Continue reading “Speech to UKIP conference: Mark Littlewood, Director General, Institute of Economic Affairs”
Tax and Fiscal Policy

New research argues poor recovery is due to a major productivity crisis

Leading economists are warning that the long-term, sustainable growth rate in the UK may be only 1% (compared with the … Continue reading “Leading economists warn 1% growth could become the UK’s new norm”
Markets and Morality

IEA research finds shadow economy is equivalent to 10% of GDP

New research published today by the Institute of Economic Affairs reveals that high tax rates have resulted in a shadow … Continue reading “High tax rates have led to shadow economy worth over £150 billion, new research shows”
Regulation

IEA reacts to New Zealand's government decision bring forward plain packaging

Commenting on the New Zealand government’s decision to put forward legislation on the plain packaging of tobacco, Christopher Snowdon, research … Continue reading “UK should wait before leaping in on the plain packaging of cigarettes”
Trade, Development, and Immigration

Proliferation of western regulations are damaging developing countries

Developing countries need to focus urgently on the removal of non-tariff barriers if they are to promote trade and growth … Continue reading “Removing non-tariff barriers essential to help developing countries, new research shows”
Transport

New research argues that the government should go denationalise the entire road network

The government has outlined plans to allow road pricing on new infrastructure. They should go further and denationalise the entire … Continue reading “Denationalising Britain’s roads would raise more than £150bn, new research shows”
Labour Market

Unemployment figures promising yet regional disparities prevail

Commenting on today’s figures, Professor Len Shackleton, fellow at the Institute of Economic Affairs, said: “These figures show the UK … Continue reading “Today’s unemployment figures, though improving, boost case for regional public sector pay and a regional minimum wage”
Regulation

Mark Littlewood's recommendations for the government's Red Tape Challenge

Embargoed until 00.01 Thursday 20 September 2012  To unleash growth for start-ups the government must create exemptions in employment law … Continue reading “Employment law exemptions are key to unlocking growth for Challenger Businesses”
Energy and Environment

New IEA research released

New research released today, Liberating farming from the CAP, shows that by abolishing direct EU subsidies to farmers the level … Continue reading “EU should abolish agricultural subsidies to hold down the price of food – new research shows”
Regulation

Mark Littlewood comments on Australia's recent tobacco advertising legislation

Commenting on the Australian Parliament effectively passing a bill for plain packaging of tobacco products, Mark Littlewood, Director General of … Continue reading “Australians become global guinea pigs for plain packaging for tobacco”
Labour Market

Mark Littlewood comments on the latest growth figures

Commenting on the latest economic growth figures released today, Mark Littlewood, Director General at the Institute of Economic Affairs, said: … Continue reading “Growth figures show government must do more to control the deficit and more to help business”
Society and Culture

Mark Littlewood comments on NewsCorp's bid for BSkyB

Responding to the publication of Ofcom’s report on NewsCorp’s bid for BSkyB, Mark Littlewood, Director-General of the IEA, said that … Continue reading “BSkyB saga must not be clouded by the politics of personality, but should focus on the reality of business”
Healthcare

Mark Littlewood reacts to David Cameron's speech on reform

Responding to the Prime Minister’s speech on public service reform today, Mark Littlewood, Director General at the IEA, said that … Continue reading “PM’s reforms will never be achieved while excessive spending on state monopolies remains”
Government and Institutions

Mark Littlewood calls for a radical restructure

A radical restructure of public service delivery is required. Introducing state-funded co-operatives will make little difference to the actual quality … Continue reading “Privatisation, rather than public sector co-operatives, will see services run better and cheaper”
Welfare

The IEA proposes a solution that would simplify the benefits system much further

In a new report released today, Transforming welfare – incentives, localisation and non-discrimination, the IEA endorses the general direction of … Continue reading “A new report from the IEA argues for the introduction of a Negative Income Tax”
Tax and Fiscal Policy

Peter Tompkins and Prof. Philip Booth comment on Lord Hutton's interim report

Following the publication of Lord Hutton’s interim report, members of the Public Sector Pensions Commission – which reported in July … Continue reading “Pension report higher contributions a good start, but not nearly enough”
Economic Theory

Prof Philip Booth comments on the Economic Freedom of the World: 2010 Annual Report

The latest Economic Freedom of the World: 2010 Annual Report, released today by the Fraser Institute in association with the … Continue reading “Recession caused global decrease in economic freedom; Britain rated 10th overall”
Economic Theory

Tooley's work demonstrates powerfully the importance of the free market in education

The Atlas Economic Research Foundation has just announced Prof. James Tooley (IEA author and member of the IEA Advisory Council) … Continue reading “The IEA is delighted that Prof. James Tooley has won the 2010 Fisher Prize”
Regulation

The IEA responds to plans in Labour's manifesto

In response to Labour’s manifesto plans, Mark Littlewood, Director General of the Institute of Economic Affairs, said: “Labour’s plans announced … Continue reading “Better public services requires devolving power, not more targets and guarantees”
Tax and Fiscal Policy

Mark Littlewood and Philip Booth on the 2009 Pre-Budget Report

Alistair Darling, the Chancellor of the Exchequer, has failed to take the tough decisions to tackle the country’s enormous budget … Continue reading “Chancellor is wrong on bankers’ bonuses and has ducked the tough decisions”
Education

Universities should be freed from bureaucratic state control to create a British 'Ivy League'

At the IEA today, Sir Cyril Taylor*, Chancellor of Richmond University, will launch his new report** on British higher education … Continue reading “How English universities could learn from the American higher education system”
Society and Culture

A greater degree of local accountability is needed to cut crime

A new IEA study, released today, shows that despite increased levels of spending and the recruitment of extra officers, Britain’s … Continue reading “Our policing system is broken centralised, target-based policies should go, argues new study.”
Tax and Fiscal Policy

An IEA monograph reveals the negative economic impact of current taxation levels

In a major study of public spending and taxation, published by the Institute of Economic Affairs*, David B. Smith** argues … Continue reading “Political Consensus on Public Spending is Damaging Economic Growth and Welfare”
Economic Theory

The condensed version of Hayek's classic The Road to Serdom is reissued by the IEA

On its 50th Anniversary the IEA has reprinted the condensed Reader’s Digest version of The Road to Serfdom with Hayek’s … Continue reading “The Road to Serfdom – the book that inspired the foundation of the IEA – is reissued”
Welfare

Leading economist Tim Congdon has attacked the notion that there is a savings gap in the UK pensions system in an article published today in Economic Affairs

Commentators and trade bodies, from Adair Turner to the Association of British Insurers (ABI), have argued that the British people … Continue reading “Leading Economist Argues: ‘There is no pensions savings gap’”
Monetary Policy

The IEA's Shadow Monetary Policy Committee (a group of leading economists that meets to monitor monetary policy and comment on other monetary matters) voted narrowly by five votes to four to hold interest rates at its October meeting.

One of the four members who did not want rates to increase would have preferred a 0.25% cut. A majority … Continue reading “SMPC Votes to Hold Interest Rates”
Monetary Policy

Increase interest rates!' voted the IEA's Shadow Monetary Policy Committee (a group of leading economists that meets to monitor monetary policy and comment on other monetary matters) at its July meeting.

The SMPC voted overwhelmingly to increase base rates by 0.25% expressing a view that the tightening of monetary policy by … Continue reading “SMPC Votes to Raise Interest Rates”
Trade, Development, and Immigration

Embargoed for 00.01 hours, 19th December. "There are serious difficulties with the current approach to helping less developed countries", said Dr. Razeen Sally of the LSE, the editor of a multi-authored study out today from the iea.

“There are serious difficulties with the current approach to helping less developed countries”, said Dr. Razeen Sally of the LSE, … Continue reading “Foreign Aid Spells an Unhappy Christmas for World’s Poor”
Tax and Fiscal Policy

Prof Philip Booth writes on the CSR for the Spectator Coffee House blog

George Osborne has “probably done enough to ensure that the public finances are back on track and that the national … Continue reading “Chancellor has taken only “the first step on the road to reducing the size of the state””
Tax and Fiscal Policy

The Sunday Telegraph writes about a new report from the IEA on government spending

Edmund Conway writes about the IEA’s latest report in The Sunday Telegraph: “Labour and the Conservatives both stand guilty of … Continue reading “Labour and Conservatives’ economic plans fail to address the state of the public finances”
Department Head, Operations

Chief Operating Officer

Andy Mayer is Chief Operating Officer, Company Secretary and Energy Analyst at the IEA. Andy is responsible for developing our … Continue reading “Andy Mayer”
Economic Theory, Government and Institutions, Markets and Morality, Society and Culture
For most of this week, my social media feed has been more or less evenly divided between apologists of Fidel … Continue reading “Cuba after Castro: Democratisation as the next stage of the revolution? Not happening, Comrade Jones”
International

Director of International Outreach & EPICENTER

As Director of International Outreach, Adam oversees the IEA’s collaboration with our global partners to spread our publications in over … Continue reading “Adam Bartha”

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Research
Contents Summary The rationale for import prohibitions or restrictions is normally protectionism, e., protecting domestic industry from foreign competitors. The … Continue reading “Elephant in the Room: Why a trophy hunting ban would hurt conservation and development”