Economic Theory

Economics on the web (29.8.09)

●  Gary Becker argues the Cash for Clunkers scheme is a bad idea at the wrong time

●  Ruth Lea looks at the prospects for economic recovery

●  John Redwood explains why the government cannot be trusted to run our roads

●  Joseph T. Salerno examines auction markets and optimally sticky prices

●  Jerzy Strzelecki on the School of Salamanca, central planning and the Federal Reserve

●  Valentin Zahrnt asks whether the Common Agricultural Policy is consistent with the ideals of a free society

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.