I normally do not pay attention to implicit political messages in movies or TV series. I blank out a movie’s politics deliberately, because I already know in advance that I’ll disagree with it, that I’ll find it silly, and that concentrating on it would just ruin the movie for me. In recent weeks, however, lockdown-induced ... Continue reading
Markets and Morality

IEA research covered by The Times

The Times reported on the release today of new IEA briefing paper 'Model Behaviour: How economists can shape the post-lockdown world' by Paul Ormerod which argues "[e]conomists must play a bigger role in shaping public policy on how the lockdown should be lifted". The report goes on to say "[f]ears about a second wave of ... Continue reading
Healthcare
On the 70th anniversary of the foundation of the NHS, I took part in an episode of BBC Radio 4’s Moral Maze show. I expected it to be quite confrontational, but it ended up being more of talking past each other than anything. I argued that the NHS was not a particularly good healthcare system, ... Continue reading

Mark Littlewood writes for The Telegraph

While those attending Davos may be genuinely well-intentioned, but "those committed to free markets, enterprise and giving a fair crack of the whip to the little guy should treat the forum with extreme scepticism", says the IEA's Director General Mark Littlewood. Writing for The Telegraph, Mark argues that the summit is the standout example of ... Continue reading
Markets and Morality
At most universities - and above all in their humanities faculties - capitalism is a dirty word. It has very few supporters and many vehement critics. But why are so many intellectuals offended by the idea of free-market capitalism? Many of them fail to understand the nature of free-market capitalism as an economic order that ... Continue reading
Commenting on Oxfam’s latest report 'Time to Care', Mark Littlewood, Director General at the Institute of Economic Affairs said: “Oxfam’s obsession with the top one percent once again distracts from the real issue of poverty. “If the charity’s goal is to end world poverty, Oxfam should be making the case for ensuring the right institutional ... Continue reading

Prof Philip Booth writes for City AM

Adam Smith famously wrote that people of the same trade seldom meet together without the conversation ending in a conspiracy against the public — and Davos is no different. Taking part in a debate column for City AM, Prof Philip Booth, IEA senior academic fellow argues that the global elites participating in the "annual meeting ... Continue reading
Markets and Morality
The British Academy, an important scholarly body for the humanities and the social sciences, recently published a report entitled “Principles for Purposeful Business”. It builds on the Academy’s previous report, “Reforming business for the 21st century”, which set out the case for urgent reform of the business sector to address the social, political and environmental ... Continue reading

Dr Kristian Niemietz writes for The Spectator

Reflecting on the 30th anniversary of the fall of the Berlin Wall, Dr Kristian Niemietz reminds us that while socialists may never start out with the intention of building totalitarian societies, it still always turns out that way. Writing for the Spectator, Kristian argues that while "trendy milennial socialists" may dismiss the GDR as a ... Continue reading