Research

IEA Brexit Unit reacts to the Prime Minister's speech in Florence

Summary: In narrow terms, the Prime Minister's Brexit speech in Florence can be judged against two tests. First, will the offers on the financial settlement and citizens' rights represent 'sufficient progress' to allow talks on the future relationship to begin at last? And second, will the plan for a two-year transition period be enough to ... Continue reading
Transport for London’s decision to cancel Uber’s license could have been based on a sophisticated economic analysis of the total costs and benefits of app-based transport platforms such as this one. If it had been, one might believe that TfL was pursuing its mission to protect passengers and promote affordable and efficient transport for Londoners. ... Continue reading
Government and Institutions
Mrs. May’s latest Brexit speech provided some welcome clarity on the UK’s preferred transitional arrangements and puts the ball back firmly in the EU’s court. The speech was also refreshingly upbeat about the future relationship. However, the result of the match remains in doubt. Forgetting the politics and personalities for a moment, the Brexit talks ... Continue reading
Government and Institutions

The IEA's Brexit Unit comments on the Prime Minister's Florence Speech

Commenting on the Prime Minister's Florence Speech, Julian Jessop, Chief Economist at the Institute of Economic Affairs, said: “Mrs. May’s upbeat Brexit speech provided some welcome clarity on the UK’s preferred transitional arrangements and puts the ball back firmly in the EU’s court. “The offer to pay the UK's EU contributions until the end of ... Continue reading

Julian Jessop writes for the Times Red Box

The IEA's Chief Economist Julian Jessop has written for the Times Red Box on his predictions for the Prime Minister's Florence speech. Julian notes that an offer to continue the UK’s contributions until the end of the current EU budget period in 2020 would be consistent with the €20bn being mooted in the press. The EU ... Continue reading
Government and Institutions

Kate Andrews writes for CityAM

The IEA's News Editor Kate Andrews has written for CityAM, arguing that Brexit 'tunnel vision' has turned it from being the main agenda item to the only agenda item. Kate argues that issues affecting people’s day-to-day lives are not being given the attention they deserve. Whether it be the Liberal Democrats (whose party conference earlier this ... Continue reading
Government and Institutions
The Rt Hon Priti Patel, Secretary of State for International Development and member of the Free Enterprise Group, discusses the role of capitalism in improving peoples' lives around the world, and the future of free markets in British politics. SUBSCRIBE to our YouTubechannel: https://www.youtube.com/user/iealondon FOLLOW US on Twitter: https://twitter.com/iealondon LIKE US on Facebook: https://www.facebook.com/ieauk/ LEARN ... Continue reading
Economic Theory
My report A Trade Policy for a Brexited Britain, published by the Institute of Economic Affairs last month, had a short section on EU tariffs. I gave the example of how in October last year EU tariffs on orange imports were quintupled from 3.2 percent to 16 percent. This example has been challenged by some on the Remain side, ... Continue reading
Government and Institutions
Last week, I spoke on Sky News about the cap on public sector pay rises. The Guardian columnist Owen Jones was on the segment with me. When I asked him how he thought the government’s deficit should be reduced, he replied that high earners should be asked to pay more tax. I objected to his ... Continue reading
The left has a problem with public choice economics. The basis of public choice economics is that we should not assume that there are two types of human person. That is, we should not assume that people can act in their own self-interest in markets but that they always act in the general public interest ... Continue reading