Christopher Snowdon writes for CapX

The new tier system will "close or severely incapacitate pubs in the 99% of the country that will be in Tiers 2 and 3". This, despite the lack of evidence to suggest the virus is spreading in hospitality venues, writes the IEA's Head of Lifestyle Economics Christopher Snowdon. In an article for CapX, Chris questions ... Continue reading
Labour Market

Annabel Denham writes for City AM

A lot has changed since the nation last went to the ballot box, but in one area the narrative has remained the same: "levelling up", writes the IEA's Director of Communications Annabel Denham for City AM. This is the topic of this year's Richard Koch Breakthrough Prize, which is seeking pro-market, pro-enterprise policy ideas to ... Continue reading

Koch Prize featured in The Times

The Institute of Economic Affairs and entrepreneur Richard Koch are offering a £50,000 cash prize to the person who comes up with a plan to "supercharge" growth in Britain's poorer regions. The Times Business section wrote up details of the competition, which is looking for proposals that are "both politically possible and compatible with a ... Continue reading

Mark Littlewood writes for The Times

Beyond the campaign slogans to 'level up', it is not yet clear exactly which mixture of policies the government will pursue to boost wages and productivity in struggling areas, writes the IEA's Director General Mark Littlewood in his biweekly column for The Times. In order to find the right solution to the problems in poorer ... Continue reading

Julian Jessop quoted by The Telegraph

"The tiered system is less of a drag than the England-wide lockdown", IEA Economics Fellow Julian Jessop told The Telegraph, but putting the whole of the UK into tier 3 could cost the £1.2bn from the pubs and hotel sector alone. Julian added that "the limited evidence so far suggests that the economic costs of ... Continue reading

Christopher Snowdon writes for the Daily Mail

The additional £339 billion debt incurred to deal with Covid is "the equivalent of £6 million for every person who has died with the virus", says the IEA's Head of Lifestyle Economics Christopher Snowdon. In an article for the Daily Mail, Chris argues that the government has failed to balance the case for draconian restrictions ... Continue reading

Mark Littlewood quoted by the Daily Mail

The pandemic is "a black swan event" and the drop in tax receipts "shows what happens when a government locks down a whole economy and GDP falls 11 per cent", says the IEA's Director General Mark Littlewood. Responding to the Spending Review, the IEA's Director General Mark Littlewood told the Daily Mail that the Chancellor ... Continue reading

Mark Littlewood quoted by Conservative Home

IEA Director General Mark Littlewood's comments on the Spending Review were included by Conservative Home in a round-up of think tank responses. Mark said: “The Chancellor’s diagnosis was correct – and it is encouraging that he grasps the scale of the problem. The eye of the economic storm has yet to hit. The Covid contraction ... Continue reading

Christopher Snowdon quoted by the Daily Mail

Tier Two restrictions are, in effect, "a death sentence" for countless pubs and restaurants, says the IEA's Head of Lifestyle Economics Christopher Snowdon. Quoted by the Daily Mail, Chris argued that there is "no scientific basis" for the restrictions and that the government has decided to "lay waste" to thousands of pubs by requiring a ... Continue reading

Dr Kristian Niemietz writes for The Telegraph

Anti-capitalism is based on "an emotional, visceral dislike of the market economy, and anti-capitalist arguments are just a post-hoc attempt to rationalise that gut feeling", writes the IEA's Head of Political Economy Dr Kristian Niemietz. Because of this attitude, even when private enterprise saves the day  - such has been the case with Covid vaccines ... Continue reading