Monetary Policy

Committee recommends a 0.25% reduction

At its latest meeting, the IEA’s Shadow Monetary Policy Committee (SMPC), a group of leading monetary economists that monitors developments … Continue reading “SMPC votes by five votes to four to cut interest rates – 4th February 2008”
Society and Culture

A greater degree of local accountability is needed to cut crime

A new IEA study, released today, shows that despite increased levels of spending and the recruitment of extra officers, Britain’s … Continue reading “Our policing system is broken centralised, target-based policies should go, argues new study.”
Trade, Development, and Immigration

Reforms are more likely to succeed when they are tailored to local norms and values

An Institute of Economic Affairs research report published today argues that the creation of a sound framework of property rights, … Continue reading “Property and not aid is the key to economic development in Africa”