Economic Theory

Economics on the web (06.06.09)

● Kevin Dowd on moral hazard and the financial crisis (pdf)

● David Friedman sets out the problems of cap and trade

● Oliver Hartwich explains why big government is not so smart

● Mark Koyama joins the fight over Adam Smith

● Razeen Sally argues that economic reform is the key to peace in Sri Lanka

● Tim Congdon and Ruth Lea discuss quantitative easing on CNBC (video)

Deputy Research Director & Head of Transport

Richard Wellings was formerly Deputy Research Director at the Institute of Economic Affairs. He was educated at Oxford and the London School of Economics, completing a PhD on transport and environmental policy at the latter in 2004. He joined the Institute in 2006 as Deputy Editorial Director. Richard is the author, co-author or editor of several papers, books and reports, including Towards Better Transport (Policy Exchange, 2008), A Beginner’s Guide to Liberty (Adam Smith Institute, 2009), High Speed 2: The Next Government Project Disaster? (IEA , 2011) and Which Road Ahead - Government or Market? (IEA, 2012). He is a Senior Fellow of the Cobden Centre and the Economic Policy Centre.