Economic Theory
Most Western countries today offer extensive pension and healthcare entitlements which are predicated on inter-generational transfers: those of working age pay the benefits of the old in exchange for the promise to receive payments and public services commensurate with their lifetime contributions in retirement. Yet increasingly lavish benefits, rising life expectancy with which the statutory ... Continue reading
Trade, Development, and Immigration

Kate Andrews comments in City AM

Kate Andrews, News Editor at the Institute of Economic Affairs has commented in City AM on the latest net migration figures and the government's migration target. In the article Kate argues that the government's arbitrary target completely discounts the changing economy that we live in. Read the full article here.... Continue reading

Diego Zuluaga writes for Conservative Home

Diego Zuluaga, Financial Services Research Fellow has written for Conservative Home proposing reforms to a more rational welfare state. In the article Diego argues that increasingly lavish benefits, rising life expectancy and the imminence of demographic decline all jeopardise our current pay-as-you-go welfare system. He suggests a modest reform proposal: to create an Office for ... Continue reading
There is a strong case to be made that the most important pre-requisite for a sustainable environment is a society that has a sophisticated, comprehensive and respected set of institutions based on private property. This will not necessarily solve all problems, but it is a good start. As Thomas Aquinas put it, in one of ... Continue reading

The IEA's Nanny State Index features in the Financial Times

The Institute of Economic Affair's Nanny State Index has featured in the Financial Times and Chris Snowdon, Head of Lifestyle Economics at the IEA has commented on what the index shows. In the article it is explained that the index has been compiled using a weighted scoring system to rate the EU's "most meddling" states ... Continue reading

IEA is quoted in the Financial Times

The Institute of Economic Affairs has been quoted in the Financial Times on upcoming new health levies including the sugar tax. On the incoming tax on sugary drinks, the IEA is quoted asserting that there is no guarantee that the substitute products with less or no sugar will have fewer calories or be better for ... Continue reading
Economic Theory
Consider this thought experiment. You have been transported back to 1912 and have the power to change the course of history. You foresee a century ravaged by the effects of two catastrophic World Wars, with a resulting 100m casualties. You also know the effects of violent communist revolution and rule, with a death toll almost ... Continue reading
Trade, Development, and Immigration

Kate Andrews appears on the Daily Politics Show

Kate Andrews, News Editor at the Institute of Economic Affairs has appeared on the Daily Politics to discuss President Trump's upcoming visit to the United Kingdom. In the interview Kate argues that while Trump's travel ban has been hugely problematic and is deeply illiberal, this is an issue that is already being dealt with in ... Continue reading
Anything can happen when faith comes under fire. Take the classic tale of Peter the Apostle, who denied Christ three times before the rooster crowed; and in a more modern twist, take Prime Minister May, who this week managed to dodge stating her support for West Cumberland Hospital’s maternity services four times over the course ... Continue reading

Kate Andrews writes for City AM

Kate Andrews, News Editor at the Institute of Economic Affairs has written for City AM today on how the unreformed NHS is crumbling around the Prime Minister. In her article Kate that the PM's problem is that Britain's healthcare structure has been deteriorating for a long time, and now the pillars are starting to fall around ... Continue reading