From an inflation-fuelled state-run economy to an overregulated high-tax economy


What’s the easiest way for a government to push their country into the top ten in a worldwide ranking of economic freedom? Coupling unpopular reforms (such as spending cuts) with popular ones (such as tax cuts)? Starting the reform programme in a crisis, when the need for reform is widely accepted? Implementing reform at a rapid pace, so that opponents have to aim at a moving target?

Dr Kristian Niemietz is the IEA's Editorial Director, and Head of Political Economy. Kristian studied Economics at the Humboldt Universität zu Berlin and the Universidad de Salamanca, graduating in 2007 as Diplom-Volkswirt (≈MSc in Economics). During his studies, he interned at the Central Bank of Bolivia (2004), the National Statistics Office of Paraguay (2005), and at the IEA (2006). He also studied Political Economy at King's College London, graduating in 2013 with a PhD. Kristian previously worked as a Research Fellow at the Berlin-based Institute for Free Enterprise (IUF), and taught Economics at King's College London. He is the author of the books "Socialism: The Failed Idea That Never Dies" (2019), "Universal Healthcare Without The NHS" (2016), "Redefining The Poverty Debate" (2012) and "A New Understanding of Poverty" (2011).