Julian Jessop writes for Conservative Home

Julian Jessop, Chief Economist at the Institute of Economic Affairs has written for Conservative Home on Michael Gove's achievements so far as Secretary of State for the Department of Environment, Food and Rural Affairs. The benefits can already be seen in at least two areas of DEFRA’s work. The first is Gove’s drive to replace ... Continue reading

Jamie Whyte writes for The Telegraph

Jamie Whyte, Research Director at the Institute of Economic Affairs has written for The Telegraph on the proposal for plastic straws to be banned. In the article Jamie argues that many people care about the environment enough to forgo the pleasure of drinking from a plastic straw in order to protect the biosphere. Others, let’s ... Continue reading
Energy and Environment
Wednesday’s news that 16,000 first-time buyers have saved thousands of pounds thanks to their exemption from stamp duty is, on the surface, a great thing. Non-homeowners deserve the opportunity to get on the housing ladder in a reasonable and affordable way, and these 16,000 buyers caught a break they deserved. And sometime this year, I’m ... Continue reading
Energy and Environment
On 1 December, I participated in a panel discussion at the Indian Embassy. Is there a third way between socialism and capitalism? That was the question. The third way was represented by Dattatreya Hosabale, an advocate of “integral humanism”, a political philosophy originally developed by Deen Dayal Upadhyaya in the mid-20th century. I represented capitalism. ... Continue reading

Dr Richard Wellings is quoted on the BBC News website

Richard Wellings, Head of Transport at the Institute of Economic Affairs has been quoted on the BBC News website following calls for the OBR to begin climate modelling. In the article Richard argues that the OBR has a poor record on conventional economic forecasting and this proposal would risk compounding the resulting policy errors. Moreover, ... Continue reading

Diego Zuluaga writes for The Telegraph

Diego Zuluaga, Financial Services Research Fellow at the Institute of Economic Affairs has written for The Telegraph on energy prices. In his article Diego argues that it is possible to have cheaper energy and a clean environment. We don't have to accept lower living standards to meet our climate goals. The Helm report argues for ... Continue reading
Energy and Environment

Kate Andrews appears on BBC News

Kate Andrews, News Editor at the Institute of Economic Affairs has appeared on BBC News to review the papers. On the proposal that the NHS should take up a proposal to rent rooms to ease the huge demand it is facing, Kate applauds the entrepreneurial spirit of this proposal and given the NHS is in ... Continue reading
Energy and Environment
The UK government has published its proposed legislation to implement a temporary cap on domestic energy prices. Those encouraged by the temporary aspect should remember Milton Friedman’s warning that “nothing is so permanent as a temporary government program”. Unwinding a price cap that had distorted and obfuscated market signals, and quite probably affected the structure ... Continue reading
Energy and Environment

Julian Jessop comments in the Daily Mail

Julian Jessop, Chief Economist at the Institute of Economic Affairs has commented in the Daily Mail today following the government's announcement on an energy price cap. In the article Julian argues that the introduction of such a cap risks consumers ending up paying more than they would otherwise have done. Given the cap is unlikely ... Continue reading

Reaction to the announcement on proposed cap on energy prices

Commenting on the announcement that the government will introduce an energy price cap, Julian Jessop, Chief Economist at the Institute of Economic Affairs, said: "The announcement that the government will impose an absolute cap on energy prices makes little economic sense. It is almost impossible for the regulator Ofgem to find the right price that ... Continue reading