Mark Littlewood writes for The Times

Once the pandemic is over, "the inquest will be an arduous and probably an unpleasant process", writes the IEA's Director General Mark Littlewood. In his biweekly column for The Times, Mark argues that we must avoid falling into the trap of "peddling simple, grand theories to explain successes and failures". Mark concludes that if we ... Continue reading

Emma Revell writes for the Yorkshire Post

"Money alone won’t fill the deep ravines that separate Kingston upon Hull from Kensington, Blackpool from Buckinghamshire" and level-up the country, writes the IEA's Head of Public Affairs Emma Revell in a column for the Yorkshire Post. Instead of relying on "top-down mandates from Whitehall departments",  readers have the opportunity to put forward their ideas ... Continue reading
The IEA is delighted to announce the launch of the fourth Richard Koch Breakthrough Prize, with Dehenna Davison, Member of Parliament for Bishop Auckland, on the judging panel. In economic terms, the UK is two countries. On the one hand we have a prosperous enclave in London and the South East, with a high performing ... Continue reading
Economic Theory
YES – says Andy Mayer Unusually, as an elected local Councillor I am directly involved in these decisions. Back in spring, at the height of lockdown misery, my authority decided it would ditch a one-year inflationary pay deal… …and instead, impose a three-year inflationary pay deal. I was one of very few voices against this. ... Continue reading
Economic Theory
The Government has appointed a panel to review the future of public service broadcasting. We can be wholly confident that they will report that little should change. The panel is made up largely of industry insiders and ex-insiders, and they tend to revere the status quo. The licence fee stops the BBC competing effectively for ... Continue reading
Economic Theory
John Mills’ new book, The Elephant in the Room (published by Civitas and the John Mills Institute for Prosperity), leads with a dire warning that UK living standards may be lower in 2030 than in 2019, but counters this with the bold claim that the economy could grow sustainably by 3% to 4% a year ... Continue reading
Economic Theory
Coronavirus has resulted in a major economic crisis and caused immense damage to both the economy and people’s lives. This damage is both a result of voluntary social distancing and the draconian measures most Western governments have put in place in an effort to limit the spread of the virus. In the UK, GDP fell ... Continue reading
Economic Theory
According to The Times, Rishi Sunak is considering a proposal for a UK-wide carbon tax. The Chancellor can see two advantages to such a scheme. It would help towards the goal of zero net emissions by 2050 while also raising substantial revenue (a figure of £27 billion by 2030 is quoted), thus reducing the amount by ... Continue reading
The BBC has come under severe criticism recently for the way in which some of its senior figures seem to be keen to ditch the nation’s history, apparently because many of the party pieces at the Last Night of the Proms are anachronistic. As many people who understand the origin of the words of “Rule, ... Continue reading
Economic Theory
The reactions of much of the commentariat in the UK and elsewhere to the policy challenge represented by the coronavirus seem to reflect the polarised state of contemporary political discourse. Some maintain that governments were too slow in responding to the pandemic and that lockdowns when they came should have been more rigorously enforced. Then ... Continue reading