Following Donald Trump’s victory in the US presidential election, the European press has been presenting him as an isolationist. Under … Continue reading “There’s one international system that President Trump should withdraw from”

Summary: Immigration is perhaps the most controversial political issue in Britain today. It is a key reason why 52 per … Continue reading “Free to Move”

Political posturing, anti-immigration campaigns and the media have, for too long, perpetuated the myth that immigration is inherently bad for … Continue reading “Keep freedom of movement regardless of single market membership, IEA report says”

Economic theory suggests that derestricting and deregulating the taxi trade would produce substantial welfare gains. The empirical evidence broadly bears … Continue reading “Deregulating the taxi sector: empirical evidence”

To a man with a hammer, everything looks like a nail. Or when it comes to the UK economy: to … Continue reading “The Trump-Hammond-Keynesian consensus is wrong: Higher infrastructure spending does not equal higher growth”

In 1850, the merchants, bankers and traders of the City of London held a crisis meeting. The original private contract … Continue reading “How crowdfunding could make public finance more democratic”

It is a constant struggle to persuade people that the market is not an arena of battle where one side … Continue reading “The double thank you of the market”

It is sometimes claimed that helicopter money (HM) is “free” money but it is not. In this posting I would … Continue reading “There ain’t no such thing as “free” helicopter money”

There has been much debate over the past six years about the supposedly deep cuts in government spending—with comparisons ranging … Continue reading “To create growth, taxes and government spending must be radically cut”