“But that wasn’t REAL socialism” (Part 1)

Kristian Niemietz
21 July 2017
Economic Theory

“But that wasn’t REAL socialism” (Part 1)

Between 3 – 8 July 2017, the Institute of Economic Affairs and the Adam Smith Institute jointly held Freedom Week, a series of seminars aimed at students with an interest in classical liberalism, at St Catharine's College, Cambridge. The IEA’s Dr Kristian Niemietz gave a talk on the ongoing appeal of socialism. The article below ... Continue reading
Kristian Niemietz
21 July 2017
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US edging towards the front of the queue for a trade deal with the UK

Julian Jessop and Madeline Grant
20 July 2017
Trade, Development, and Immigration

US edging towards the front of the queue for a trade deal with the UK

The launch of a US/UK Working Group to discuss the future economic relationships between the two countries marks another important step towards a revival of global trade. The US may still not be first in line to sign a new trade deal with the UK when it leaves the EU (for now the frontrunner here ... Continue reading
Julian Jessop and Madeline Grant
20 July 2017
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The new Taylorism misunderstands the changing nature of work

Diego Zuluaga
19 July 2017
Economic Theory

The new Taylorism misunderstands the changing nature of work

A little over 100 years ago, the American engineer Frederick Winslow Taylor outlined in his book Principles of Scientific Management the methods that a factory manager should use to maximise workforce efficiency on the production chain. Taylorism — the division of labour into ever more specialised tasks and the attempt at precise measurement of productivity — swiftly became synonymous ... Continue reading
Diego Zuluaga
19 July 2017
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Podcast: The Future of the ‘Gig Economy’

IEA Podcast
18 July 2017
Labour Market

Podcast: The Future of the ‘Gig Economy’

We're joined by the Institute of Economic Affairs's Research Director Dr Jamie Whyte to discuss the benefits of the gig economy and the consequences of state intervention and protectionism. Jamie explains how the gig economy has benefited both consumers and workers, who are able to further embrace technology and flexibility in their jobs. Listen here:... Continue reading
IEA Podcast
18 July 2017
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Economists – know your limits!

Philip Booth
17 July 2017
Economic Theory

Economists – know your limits!

It is important for any expert to know their limits. It could be argued that economists ‘oversell’ themselves and pretend that they can predict things which they really cannot predict. If economists had a proper professional body, this would be a serious matter. If an accountant or a lawyer, for example, practices outside their area ... Continue reading
Philip Booth
17 July 2017
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Fallout from Euratom scare stories shouldn’t be allowed to derail Brexit

Julian Jessop
13 July 2017
Government and Institutions

Fallout from Euratom scare stories shouldn’t be allowed to derail Brexit

Not many people would have heard of the European Atomic Energy Community (Euratom) until recently and even fewer will have had it in the front of their minds when voting on the UK’s membership of the EU. And yet the current furore over nuclear cooperation has the potential to cause a chain reaction that derails ... Continue reading
Julian Jessop
13 July 2017
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Matthew Taylor’s Seven Pillars of Employment Wisdom

Len Shackleton
11 July 2017
Labour Market

Matthew Taylor’s Seven Pillars of Employment Wisdom

The Taylor Review – introduced in the first chapter by ‘Matthew’, as our demotic times seem to require – is an interesting piece of work. He sets out ‘seven steps towards fair and decent work with realistic scope for development and fulfilment’. First, that the same basic principles should apply to all forms of employment: there ... Continue reading
Len Shackleton
11 July 2017
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New Podcast: Is a basic income a good idea?

IEA
10 July 2017
Welfare

New Podcast: Is a basic income a good idea?

The IEA's latest podcast features our Head of Education Dr Steve Davies to discuss: Is the basic income a good idea? Interviewed by the IEA’s News Editor Kate Andrews, the pair discuss this idea which is gaining traction across the political spectrum. Steve and Kate agree that a basic income could form a viable alternative to ... Continue reading
IEA
10 July 2017
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People have forgotten the perils of Big Government

Kate Andrews
7 July 2017
Government and Institutions

People have forgotten the perils of Big Government

The new mantra of the people is “tax more, spend more”, at least according to the British Social Attitudes 2017 findings, released yesterday. For the first time since 2004, more Brits (48 per cent) support government increasing the tax take than support keeping it around the same level (44 per cent). Many are hailing this ... Continue reading
Kate Andrews
7 July 2017
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Is Brexit a threat or an opportunity for UK higher education? (Part 2)

Len Shackleton
6 July 2017
Education

Is Brexit a threat or an opportunity for UK higher education? (Part 2)

Continued from Part 1   Like British businesses, British universities need to look outside Europe as they plan for the post-Brexit future. Remember that, in world terms, EU universities are not strong performers. If you look at the Times Higher Education World University Rankings, Oxford, Cambridge and Imperial are in the Top 10. UCL, LSE ... Continue reading
Len Shackleton
6 July 2017
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