Winning essay for the IEA Richard Koch Breakthrough Prize

Winner of £50,000 prize: Ben Clements For more information about the IEA Breakthrough Prize please visit www.breakthroughprize.org.uk Summary:  Free market ideals should not be limited to esoteric debates about what could be achieved in theory. Indeed, competition, decentralisation, accountability and choice can solve the biggest challenges of our time. The cost and inaccessibility of housing are ... Continue reading

IEA announces winner of the Richard Koch Breakthrough Prize

Ben Clements, an analyst based in London, will tonight be announced as the winner of the £50,000 IEA Breakthrough Prize. The prize, supported by entrepreneur Richard Koch, sought to find the best and boldest entry outlining a ‘free market breakthrough’ policy to solve the UK housing crisis. It was judged by a panel including Jacob ... Continue reading
Energy and Environment
With the Commission and Parliament both starting their last legislative year, one of the last challenges left on the political agenda is what to do about single-use plastics. The proposal currently making its way through Parliament is to ban the sale of products made from single-use plastics, from cotton buds to plastic straws. Member States ... Continue reading

Chris Snowdon has been quoted by the Huffington Post

Chris Snowdon, Head of Lifestyle Economics at the IEA, has been quoted in the Huffington Post in relation to his report on the Cannabis market in June. Chris said; “It’s high time for reform of cannabis policy in the UK. Canada and the USA are showing the way. Done properly, the legalisation of cannabis is ... Continue reading

Mark Littlewood writes for the Times

Mark Littlewood, Director General of the Institute of Economic Affairs, has written an article for the Times about UK housing. If it weren’t for the interminable Brexit negotiations, there can be little doubt that the issue of housing would be dominating the political agenda. The eye-watering costs of buying a property have gone untackled for ... Continue reading

Mark Littlewood has been quoted by the Mail Online

Mark Littlewood, director general at the Institute for Economic Affairs, has been quoted by the Mail Online in an article about Stamp Duty. Mark said; "Stamp duty is a bad tax that clogs up the market, and makes it even more expensive for people to move house – whether that be for a new job, ... Continue reading
Welfare
Were it not for for Brexit, the furore over the roll-out of Universal Credit would surely be dominating the headlines on a daily basis. The planned changes will eventually determine the benefits received by around 7 million households, including many of the most vulnerable in society, and affect more than £60 billion a year in ... Continue reading
Lifestyle Economics

Kate Andrews reviews the Papers on BBC News

Kate Andrews does the paper review on BBC News Kate Andrews, News Editor at the Institute of Economic Affairs appeared on BBC News this morning to review the papers. On the meeting of May and Juncker. Kate argues that little movement has been made in negotiations between the pair, and argues that there is little evidence to suggest ... Continue reading
Education
New research findings provide yet more evidence in favour of the low-cost private school revolution currently sweeping the developing world. The implications for international aid, however, may be less positive. A survey from Lagos State, Nigeria, funded by the Department for International Development (DFID), set out to compare government schools with low-cost private schools, including ... Continue reading