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 National Health Service enjoys strong support among the public, making it almost impossible to introduce radical reforms, even if the performance of the NHS is relatively poor compared with ...

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 ...

The policy reaction to the Covid-19 pandemic will increase budget deficits massively in all the world’s leading countries. The deficits will to a significant extent be monetised, with heavy state ...

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 ...

‘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 ...

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 ...

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 ...

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 ...

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 ...

· In the past 50 years, labour market participation among older people has declined significantly, though the trend has reversed a little in recent years. In the EU, about 70 per cent of people aged ...

Research from the Institute of Economic Affairs (IEA) confirms younger people are hostile to capitalism and hold positive views of socialist alternatives. The new paper should act as a “wake up call” ...