blog > Lifestyle Economics
Earlier this week, Hong Kong’s government decided to impose a full ban on the sale, manufacture and import of e-cigarettes. This is just the latest instalment in a worldwide regulatory clampdown on vaping. From Thailand to Turkey, more than 20 countries currently impose outright bans on the products, while many others, like Finland and New … Continue reading “The rise of e-cigarettes – a parable of the free market”
blog > Regulation
The technological breakthrough of e-cigarettes has placed the medical establishment and taxpayer-funded public health advocates in a bit of a quandary. The agreed strategy to date has been to advise smokers that, in broad terms, they must “quit or die”. But a colossal range of weird and wonderful new smokeless nicotine delivery products has inclined … Continue reading “Don’t turn e-cigarettes into another tool of the state health nannies”
blog > Lifestyle Economics
I ordered 200 millilitres of e-cigarette fluid from my online retailer this week. Not a large quantity – it is barely a third of a pint – and yet it came in twenty separate bottles, as it always does. Why? Because the EU has decided that 10 millilitres is quite large enough for a bottle … Continue reading “Flawed EU regulations on e-cigarettes have set the market back”
events > Uncategorized

Will the Tobacco Products Directive kill off vaping?

In recent years e-cigarettes have flourished in Britain under a free market. Light touch regulation, low barriers to entry and strong competition have resulted in choice, value and innovation. That could all change from May 20th when new EU regulations are introduced. Under Article 20 of the Tobacco Products Directive, most forms of advertising will … Continue reading “Discussion: E-cigarettes – Will regulation ruin a free market?”
blog > Lifestyle Economics
The e-cigarette market in Britain has the closest thing to perfect competition that you will see in the real world. Perfect competition is a theoretical economic model but, like most economic models, it is a useful one. In a market with perfect competition there are a large number of sellers, no barriers to entry, and … Continue reading “Why every e-cigarette user should be a free market libertarian”
media > Lifestyle Economics

E-cigarettes should be allowed to flourish in a free market

Commenting on the announcement of new regulations for e-cigarettes, Christopher Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs, said: “There is no more reason to treat e-cigarettes as medical products than there is to treat alcohol-free beer or chewing gum as pharmaceuticals. They are emphatically not medicines and they make no claim … Continue reading “IEA criticises MHRA decision to regulate e-cigarettes as medical products”
media > Lifestyle Economics

Christopher Snowdon reacts to MPs e-cigarette report

Responding to the publication of the House of Commons Science and Technology Committee report on e-cigarettes, Christopher Snowdon of the Institute of Economic Affairs said: “Let’s hope the government acts on the sensible recommendations in this excellent report. The growth of vaping in Britain has been a fantastic example of how free markets work for the … Continue reading “E-cigarette report full of sensible recommendations”
media > Lifestyle Economics

IEA releases new report on tobacco substitutes

Smoking, along with other tobacco and nicotine use, is often discussed as if it were a disease rather than an individual consumption decision. This disconnect creates confusion and bad government policies, especially in the context of the “tobacco harm reduction” approach of substituting low-risk products, including e-cigarettes and snus, for cigarettes. A new report from … Continue reading “Abolish excise duties on e-cigarettes to reduce harm, argues new report”
publications > Research

Below is the draft of a lecture given on Tuesday 31st October as part of the 'The Beesley Lectures: Lectures On Regulation Series X 2000' organised by Professor David Currie of the London Business School and Professor Colin Robinson of the IEA. This is reproduced with the kind permission of Professor Yarrow

The Beesley Lectures: Lectures on Regulation Introduction The new gas trading arrangements (NGTA) is the name given to a package of reforms in the gas industry, the first elements of which were introduced in October 1999. The subsequent process tends now to be referred to as the reform of gas trading arrangements (RGTA) programme. The … Continue reading “New Gas Trading Arrangements”
blog > Lifestyle Economics
E-cigarettes have become by far the most popular smoking cessation aid in the UK, helping hundreds of thousands of people – in Britain and further afield – to ditch cigarettes for good. But surprisingly, when we look around the world – we see countless examples of health authorities doing their best to obstruct the manufacture … Continue reading “When it comes to e-cigs, harm reduction must be the order of the day”