It is sad to report the death of Gordon Tullock. He was a friend, likeable and respected as a great … Continue reading “Gordon Tullock, R.I.P.”

A great deal of IEA work corroborates studies produced by the government in suggesting that we have a huge implicit … Continue reading “Is there a solution to the debt timebomb?”

Subscribe to Economic Affairs Contents: Introduction (Page 285) by J. R. Shackleton The 2013 Wincott Memorial Lecture: How the Financial Crisis … Continue reading “Economic Affairs (Vol 34.3)”

Commenting on the Employment Appeal Tribunal’s decision that holiday pay should be defined to include regular overtime, Prof Len Shackleton, … Continue reading “Employment Appeal Tribunal’s decision will harm businesses”

‘Never let a serious crisis go to waste’, concluded Rahm Emanuel, Barack Obama’s ex-chief of staff. For our political commentators, … Continue reading “Space travel economics: Don’t damn the rich for splurging on Virgin Galactic”

I always find it bemusing when some protest group seeks to prevent the opening of a supermarket, or a fast … Continue reading “Those who oppose ‘NHS privatisation’ are really opposed to patient choice”

Summary  Discussion of monetary policy tends to ignore entirely the behaviour of individuals and focuses instead on aggregate, or macro-economic, … Continue reading “Money and Micro-Economics”

A revival of Labour’s market-oriented healthcare reforms would dramatically improve NHS care, saving thousands of lives. The Blair government’s adoption … Continue reading “Revive Labour’s NHS reforms and introduce an opt-out to improve care”

Summary Since the early 2000s, the NHS has improved according to most measures of quality and performance. Survival rates for … Continue reading “Health Check: The NHS and Market Reforms”