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

Kate Andrews writes for City AM

Kate Andrews, News Editor at the Institute of Economic Affairs has written for City AM on how the policy announcements made at Conservative Party conference will do nothing for young voters. In her article Kate makes the point that the promises made by the Conservative leadership show they are still out of touch with the ... Continue reading

Reaction to Theresa May's speech

Commenting on the Prime Minister’s speech at Conservative Party Conference, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “The Prime Minister's encouraging rhetoric was followed up with the wrong policies. Saying that house prices necessitate government building is as wrongheaded as saying increased food prices require new state-run farms.  It is government ... Continue reading
Education
The IEA’s Head of Education Dr Steve Davies and News Editor Kate Andrews discuss how farming technology is revolutionising our world. Although current discussions of the future of tech tend to focus on AI, automation and robotics, Steve explains how recent advancements in farming offer solutions some of the key crises of our time – ... Continue reading
Energy and Environment
Archbishop Justin Welby recently wrote an article in the Financial Times on the back of a report by left-of-centre think tank IPPR, to which he had put his name. The article was widely reported as an attack on capitalism. In fact, it is rather difficult to say what his policy prescriptions were. He called for more housing ... Continue reading