IEA Featured Labour Market
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17 October 2018
Labour Market
Following my piece about Mrs May’s proposals for ethnic pay monitoring, a correspondent has asked me how we can resolve issues of ‘illegitimate racial barriers to progression in workplaces’ without legal intervention. When the issue of racial discrimination was first discussed by economists, in the late 1950s and early 1960s, it was argued that such ...
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Len Shackleton
17 October 2018
12 October 2018
Labour Market
Theresa May’s intention to introduce monitoring of ethnic pay gaps is likely to add to the rancorous identity politics already stirred up by the gender pay debate. It is well established that there are big variations in hourly pay between different ethnic groups. Most are paid less than white British workers, with the exception of ...
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Len Shackleton
12 October 2018
12 October 2018
Labour Market
Len Shackleton comments in the Financial Times
Len Shackleton, Editorial Research Fellow at the Institute of Economic Affairs has commented in the Financial Times on the news that companies may be forced to reveal their ethnicity pay gap under plans unveiled by the prime minister. Forcing businesses to report on pay will result in meaningless statistics because the numbers for particular ethnicities ...
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12 October 2018
11 October 2018
Labour Market
Len Shackleton writes for CapX
Len Shackleton, Editorial Research Fellow at the Institute of Economic Affairs has written for CapX on the call for companies to publish their ethnicity pay gaps. This approach to improving social justice is no doubt conceived with the best intentions. But it will open up a Pandora’s Box where competing identities will demand action, demands ...
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11 October 2018
11 October 2018
Labour Market
Len Shackleton comments in the Daily Mail
Len Shackleton, Editorial Research Fellow at the Institute of Economic Affairs has commented in the Daily Mail today on the news that companies may be forced to reveal their ethnicity pay gap under plans unveiled by the prime minister. This is a Pandora’s Box. There are over 100 ethnicities in this country, most of which ...
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11 October 2018
Ben Ramanauskas and Dr Stephen Davies
8 October 2018
Economic Theory
Across the political spectrum, support is growing for the idea of a Universal Basic Income (UBI) - broadly defined as an unconditional payment from the state to its citizens, regardless of their wealth, employment or marital status. Yet UBI ‘divides the crowd’, often triggering strong and visceral reactions. For many, government funding to stimulate entrepreneurship ...
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Ben Ramanauskas and Dr Stephen Davies
8 October 2018
1 October 2018
Healthcare
IEA reacts to the Chancellor of the Exchequer's speech at Conservative Party Conference
Spokespeople from the Institute of Economic Affairs (IEA) respond to the Chancellor of the Exchequer's speech at Conservative Party Conference: On Philip Hammond's speech, IEA Director General Mark Littlewood said: “The rhetoric of the Chancellor's speech was encouraging - with talk of lowering taxes to boost growth, and action to reduce the budget deficit further. But ...
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1 October 2018
24 September 2018
Labour Market
Julian Jessop comments in Sky News
On the back of Shadow Chancellor John McDonnell's proposal to expand ownership, Chief Economist Julian Jessop offers his thoughts on Sky News. Mr McDonnell's plan demands that firms listed in the UK who employ over 250 people create inclusive ownership funds. Julian commented: "If it costs nothing to boost workers incomes by £500 in this ...
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24 September 2018
24 September 2018
Government and Institutions
In many ways the EU acts like a customs union when it comes to migration that leads to employment. It is very easy to come to the UK from other EU countries to get a job. Indeed, there are no government-imposed barriers at all. However, if you wish to come from outside the EU to ...
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Professor Philip Booth
24 September 2018
21 September 2018
Labour Market
Madeline Grant writes for Telegraph Refresh
Recalling her youth, Madeline Grant writes for Telegraph Refresh on how the teenage summer job has disappeared, and why we should mourn its passing. 'Like many young people, I did a number of part-time jobs in my late teens – some good, some bad, and some very ugly indeed. There were summers pulling pints at ...
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21 September 2018
