Society and Culture
Media pluralism in Europe is under threat. Far from exhibiting a rich diversity of opinions, content, ownership and structures, Europe’s media sector faces considerable and rising risks to market competition and editorial independence. So concluded the 2017 annual report of the Centre for Media Pluralism and Media Freedom (CMPF), a research centre co-financed by the ... Continue reading
In this week’s podcast, the IEA’s Digital Manager Darren Grimes is joined by the IEA’s Head of Political Economy Kristian Niemietz and Economics Fellow Julian Jessop. The discussion is centred around the recent decision by Prime Minister Boris Johnson's £1.8bn granted funding for the NHS. Whilst cash injections may help in the short term, Dr Kristian Niemietz argues they will ... Continue reading
A while ago, I got an e-mail from someone who had recently finished reading my book Universal Healthcare Without The NHS, which makes the case for replacing the NHS with a Social Health Insurance (SHI) system similar to the Swiss and the Dutch model. That reader offered mixed feedback. They liked parts of the book, ... Continue reading
In this week's podcast, the IEA’s Digital Manager Darren Grimes and Dr Kristian Niemietz discuss two new books in which the authors claim to lay out their socialist alternatives. The first book is Fully Automated Luxury Communism by Aaron Bastani, which explores everything from the route to communism through socialism to Universal Basic Services, but ... Continue reading
Trade, Development, and Immigration
The gains in economic activity derived from free trade are well established. Adam Smith and David Ricardo, who respectively discussed the importance of specialisation and comparative advantage, are often cited as the first to have formally illustrated the benefits of trade. However, the benefits of specialisation have long been well-understood: writing in the 1st century ... Continue reading
Given the manifold problems with both the implementation and the design of Universal Credit (UC), as well as similar problems in other welfare systems, one feels tempted to take a step back, and ask: is all this really necessary? Has the state created an overly complicated system where private initiative would have sufficed? Or more ... Continue reading
Housing and Planning
On Monday, Jacob Rees-Mogg and I released Raising the Roof: How to solve the United Kingdom’s housing crisis. This new IEA paper will feature in a book of the same title, including the winning essays for the Koch Prize 2018. The prize asked entrants to offer free market solutions to the UK’s housing crisis. This ... Continue reading
Society and Culture
Der heimliche Aufmarsch (“The Secret Deployment”) is an old socialist revolutionary song from the Weimar Republic. It calls upon the workers and peasants to arm themselves, rise up, and smash the system. Thirty years later, a modified version of the song was re-released in the GDR. It was now called Der offene Aufmarsch (“The Open ... Continue reading
On Sunday evening, Twitter exploded with rage. That, admittedly, doesn’t mean much. If you have ever been on Twitter, you will be aware that that medium explodes with rage at least every other day. But this time, the rage explosion was about an issue that I happen to know a little bit about, so I ... Continue reading
Is there any end to the growth of government financial regulation? What good does it do? Does the endless quest to solve problems by writing more rules actually achieve the objectives that financial regulation is supposed to achieve? Why, when regulation clearly made aspects of the financial crash more likely and exacerbated their effects, was ... Continue reading