Socialism – The Failed Idea that Never Dies

28 May 2020
Economic Theory

Socialism – The Failed Idea that Never Dies

Dr Kristian Niemietz talks to the New Zealand Taxpayers' Union

By many measures, socialist ideas are more popular than ever, with academics and increasingly hip activists unashamedly promoting the collective ownership of wealth and centralised government-led decision making. Dr Kristian Niemietz spoke to the New Zealand Taxpayer's Union about his book "Socialism – The Failed Idea that Never Dies", listen here.... Continue reading
28 May 2020
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Car firm bailouts could leave Government owning swathes of British industry

24 May 2020
Economic Theory

Car firm bailouts could leave Government owning swathes of British industry

Professor Philip Booth quoted in The Times

Britain may end up with  "government control of increasing chunks of the economy, as well as poor corporate governance as businesses end up being run by a mix of bureaucrats and politicians without clear rules and guidelines on how to operate" says Professor Philip Booth, IEA Senior Academic Fellow. Philip was quoted in The Times ... Continue reading
24 May 2020
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Economists should play vital role in easing the lockdown, says new IEA briefing

14 May 2020
Economic Theory

Economists should play vital role in easing the lockdown, says new IEA briefing

Economists have been conspicuously absent from the policy debate over easing the lockdown, says a new briefing paper from Paul Ormerod. Epidemiological models have provided the intellectual underpinning for the policy of lockdown – which has seen millions of Britons relinquish civil liberties and retreat from participation in wider society; But easing the lockdown – and ... Continue reading
14 May 2020
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Entrepreneurial ingenuity is flourishing in the face of adversity

13 May 2020
Economic Theory

Entrepreneurial ingenuity is flourishing in the face of adversity

Kristian Niemietz writes for Reaction

"There have been lots of rapid, innovative responses in the face of adversity" during the coronavirus outbreak, says Dr Kristian Niemietz, Head of Political Economy at the Institute of Economic Affairs. Writing for Reaction, Kristian adds that coronavirus is not a crisis of capitalism - "we should not judge an economic system, or a healthcare ... Continue reading
13 May 2020
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With Corbyn and Sanders defeated, has socialism had its day?

20 April 2020
Economic Theory

With Corbyn and Sanders defeated, has socialism had its day?

Dr Kristian Niemietz writes for CapX

After years of going from strength to strength, socialists in both Britain and the US have been going through a rough patch lately. But does this mean that our love affair with socialism is coming to an end? Writing for CapX, the IEA's Head of Political Economy, Dr Kristian Niemietz, argues that the political battle is ... Continue reading
20 April 2020
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Don’t be seduced by Big Government

6 April 2020
Economic Theory

Don’t be seduced by Big Government

Mark Littlewood writes for the Institute of Arts and Ideas

When once in a blue moon events such as coronavirus occur, it is right that government does all it can to protect lives, but our leaders "must ensure that any economic measures are put in place only to help their citizens and do not impede future economic activity" says the IEA's Director General Mark Littlewood. Writing ... Continue reading
6 April 2020
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We libertarians who back coronavirus lockdown are far from being hypocrites

10 March 2020
Economic Theory

We libertarians who back coronavirus lockdown are far from being hypocrites

Christopher Snowdon writes for the Telegraph

"Mass quarantines as a last resort are still perfectly consistent with a philosophy that prizes personal freedom", says the IEA's head of lifestyle economics Christopher Snowdon. Writing for the Telegraph, Christopher argued that while we want to keep both restrictions on liberty and economic damage to a minimum, we may have to accept a bit of ... Continue reading
10 March 2020
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The strange double life of the voter under socialism

21 February 2020
Economic Theory

The strange double life of the voter under socialism

Kirstian Niemietz writes for Free Market Conservatives

Modern socialists have a perception of voters that contradicts itself, says Dr Kristian Niemietz, Head of Political Economy at the Institute of Economic Affairs. Writing for the Free Market Conservatives website, Kristian notes that socialists simultaneously believe that a modern voter is "largely apolitical and disengaged" yet under their version of democratic socialism will engage ... Continue reading
21 February 2020
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The demise of the Bristol Pound shows the folly of local currencies

22 January 2020
Economic Theory

The demise of the Bristol Pound shows the folly of local currencies

Christopher Snowdon writes for CapX

Far from being a boost to the local economy, the Bristol Pound has more likely been a drain on it, says the IEA's Head of Lifestyle Economics Christopher Snowdon. Writing for CapX, Chris argues that the logic of local currencies rests on the economic fallacy of mercantilism and the assumption that the route to prosperity ... Continue reading
22 January 2020
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Renationalisation would “ignore the lessons of history”, finds new IEA report

9 December 2019
Economic Theory

Renationalisation would “ignore the lessons of history”, finds new IEA report

Calls to bring key utilities back under state control “ignore important lessons” from the post-war period, argues a new report from the Institute of Economic Affairs published today. Renationalisation: Back to the Future, written by IEA Economics Fellow Julian Jessop and IEA Editorial and Research Fellow Professor Len Shackleton, explores the case for restoring water, ... Continue reading
9 December 2019
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