Co-author of new IEA report Jacob Rees-Mogg MP writes for the Sunday Telegraph

Jacob Rees-Mogg MP, co-author of new IEA report 'Raising the Roof', has written for the Sunday Telegraph to highlight the report's proposals, including reclassifying select green belt land and devolving tax power to local areas. "Once Brexit is complete, Britain’s housing crisis will become the great challenge of our time. Our nation is uniquely short ... Continue reading

IEA report previewed in the Sunday Telegraph

A new IEA report on how to tackle the housing crisis has been previewed exclusively by the Sunday Telegraph. "Large sections of the green belt would be declassified and VAT on property restorations slashed as part of a radical package of free-market reforms set out by Jacob Rees-Mogg to urgently tackle the housing crisis. "The ... Continue reading

Kate Andrews writes for the Telegraph

The IEA's Associate Director Kate Andrews has written for the Telegraph on Trump's 'go home' tweets and how they are out of kilter with the Republican party's traditional perspective on immigration. "The surge of anti-immigration sentiment in the Republican Party is ugly and frightening - and completely out of kilter with long-standing tradition. A few years ... Continue reading

Philip Booth writes for City A.M.

Governments need to move away from monopoly regulators and allow financial market self-regulators to compete, says Professor Philip Booth, Senior Academic Fellow at the IEA. Writing in City A.M., Philip notes that the growth of financial regulation seems "inexorable", in 1980 there was one UK regulator for every 11,000 people employed in finance, compared to ... Continue reading
Is there any end to the growth of government financial regulation? What good does it do? Does the endless quest to solve problems by writing more rules actually achieve the objectives that financial regulation is supposed to achieve? Why, when regulation clearly made aspects of the financial crash more likely and exacerbated their effects, was ... Continue reading

The example of financial services

There are frequent calls for financial markets to be more actively regulated. In nearly all cases it is assumed that regulation must come from state agencies such as the Financial Conduct Authority or the Prudential Regulation Authority. This analysis arises from neo-classical, market-failure approaches to economics which suggest that the market does not maximise welfare ... Continue reading
The financial crash triggered a new age of increased regulation and state intervention in financial services. This was a knee-jerk reaction that assumed all regulation must come from the state, ignoring hundreds of years of successful self-regulation in the market, according to a new report from the Institute of Economic Affairs. The report, ‘Regulation without the ... Continue reading
Trade, Development, and Immigration

Liam Fox quotes IEA research in The Times

Supporting UK businesses to export goods and services could help generate £32bn in revenue for the exchequer, says Dr Liam Fox MP, Secretary of State for Trade. Quoting research from the Institute of Economic Affairs, Dr Fox sets out plans to support UK businesses, enabling them to take advantage of growing overseas markets and sell ... Continue reading

Blythe Edwards writes for CapX

As both contenders for the Conservative leadership pledge to consider lifting the £30,000 earning requirement for migrants to the UK, Blythe Edwards writes for CapX arguing against the cap. Blythe, Communications Assistant at the IEA, notes that the cap means junior doctors, healthcare assistants, and nurses at the start of their careers would all be ... Continue reading

IEA research quoted in the Daily Telegraph

Taxpayers money should be spent wisely, not on the "breathtakingly expensive" HS2, argues Bob Seely MP. Writing in the Daily Telegraph, Bob makes the case against HS2, setting out the reasons why he resigned to oppose the plans, including quoting IEA research which estimated the eventually cost of the project could top £80bn - well ... Continue reading