Reacting to the latest inflation figures, Julian Jessop, Economics Fellow at the Institute of Economic Affairs said: “The news that inflation is falling more quickly than expected is mostly welcome, ...

“The further contraction in the UK economy in October confirms that Budget speculation has killed growth. Indeed, the latest business surveys suggest that November was even worse. “The burst of growth ...

The overview highlights the academic consensus on harmful consequences. Most studies (56 out of 65) find that rent controls succeed in lowering rents for controlled units, as intended. However, 14 out ...

Introductory Remarks In recent decades, economics and related policy sciences have taken what might be called a ‘behavioural turn’. Once-dominant theories of rationality and human behaviour have been ...

When this blog was launched over a decade ago, most of my articles were rebuttals of the latest nonsense I had read in the Guardian or the Independent. Those publications are, unfortunately, still ...

This discussion paper provides the first estimate of the net effect of smoking on UK taxpayers per annum. Up until now, estimates have used a methodology that typically includes intangible costs, ...

This article was first published on the Institute of Economic Affairs Substack. Official figures recently published by HMRC indicate a huge rise in illicit tobacco sales in the UK since 2021. The ...

While the official gender pay gap figure is 9.1% for full-time workers, the pay gap between men and women aged 22-39 is negligible. The gap widens later in life, often as a result of women taking time ...

Colonialism and the slave trade were, at best, minor factors in Britain’s prosperity and may have been net lossmakers. An increasingly prominent anti-capitalist narrative claims that empire and ...

‘Market failure’ is a term widely used by politicians, journalists and university and A-level economics students and teachers. However, those who use the term often lack any sense of proportion about ...

Each year, the Government publishes international energy price comparisons. The data is sourced from the IEA and covers industrial and domestic gas and electricity prices. The latest data for 2023 was ...

April 19 2016, Free Republic, Bernie’s right – America should be more like Sweden; But not in the way he thinks April 19 2016, Reason, Bernie’s right – America should be more like Sweden; But not in ...