IEA Blog

It was interesting to see David Cameron’s library in the newspapers yesterday. There are some good choices there. Kynaston’s book … Continue reading “What Cameron is reading”

Economists often identify a dichotomy between people’s stated preferences and the preferences that are revealed when people are actually required … Continue reading “Emma Thompson, Heathrow expansion and revealed preferences”

I argued in a previous blog article that an ageing population is not necessarily problematic provided pay-as-you-go (PAYG) pension systems are scaled … Continue reading “China: the mother of all demographic time bombs”

●  John Blundell advocates the privatisation of Britain’s forests – and explains why Adam Smith must be rolling in his grave. … Continue reading “Economics on the web (13.1.08)”

Philip Booth’s blog article about Pope Pius IX reminded me of another historical figure who predicted, with an astonishing degree … Continue reading “Against the zeitgeist: Eugen Richter foresaw the true face of socialism”

State-dominated healthcare systems are failing the poor and chronically sick. And Britain’s National Health Service (NHS) is one of the worst … Continue reading “Government health services are failing patients”

Alan Walters was an inspiring teacher with a broad interest in a variety of economic problems. He was especially interested … Continue reading “Reflections on Alan Walters and the Hong Kong currency board”

I first met Alan at LSE when I was an MSc student. I was delighted by his clear, amusing and … Continue reading “A tribute to Sir Alan Walters”

Alan Walters was a great figure in economics. The obituaries today focus mainly on his contributions to macro-economics and as … Continue reading “Alan Walters’ enduring work on road pricing”