Economic Freedom of the World – 2021 Annual Report

14 September 2021
Research

Economic Freedom of the World – 2021 Annual Report

The index published in Economic Freedom of the World measures the degree to which the policies and institutions of countries are supportive of economic freedom. The cornerstones of economic freedom are personal choice, voluntary exchange, freedom to enter markets and compete, and security of the person and privately owned property. Forty-two data points are used ... Continue reading
14 September 2021
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Vaping Works

Christopher Snowdon
9 September 2021
Research

Vaping Works

There is currently a global debate about the efficacy of vaping in reducing smoking prevalence. While the debate is ongoing, there are imminent events at which vaping will be discussed, including the WHO’s Framework Convention on Tobacco Control, meeting in November (COP9). This paper explores the experience of four countries – France, the UK, New ... Continue reading
Christopher Snowdon
9 September 2021
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Wizards of Oz? What the UK can learn from Australia’s healthcare system

Dr Kristian Niemietz
5 August 2021
Research

Wizards of Oz? What the UK can learn from Australia’s healthcare system

Summary Australia and the UK had very similar healthcare systems until the end of the 1940s, when they diverged. The UK created the National Health Service, while Australia opted for more gradual reforms within its existing system. We can see the Australian system as a plausible counterfactual for how healthcare in Britain might have evolved ... Continue reading
Dr Kristian Niemietz
5 August 2021
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Shadow Monetary Policy Committee votes 7 to 2 to raise Bank Rate in July

29 July 2021
Research

Shadow Monetary Policy Committee votes 7 to 2 to raise Bank Rate in July

At the July video conferencing meeting of the IEA’s Shadow Monetary Policy Committee (SMPC), the vote was seven to two to raise the bank rate. Six members wanted it increased to 0.25% immediately and one to 0.5%. Two members, however, voted to leave it at its current level of 0.1% for the time being. All ... Continue reading
29 July 2021
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Removing the barriers to enterprise

Sir Mark Boleat, Jon Moynihan OBE, and Victoria Hewson
21 July 2021
Research

Removing the barriers to enterprise

Submission to the government's Taskforce on Innovation, Growth and Regulatory Reform

Submission to the government's Taskforce on Innovation, Growth and Regulatory Reform The prime minister established a Taskforce on Innovation, Growth and Regulatory Reform (‘TIGRR’) in February 2021. Led by MPs Sir Iain Duncan Smith, Theresa Villiers and George Freeman, its remit was to ‘to scope out and propose options for how the UK can take ... Continue reading
Sir Mark Boleat, Jon Moynihan OBE, and Victoria Hewson
21 July 2021
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The importance of imports

Julian Jessop
9 July 2021
Research

The importance of imports

Summary The UK government promotes international trade under the banner ‘Exporting is GREAT’. This is laudable, but the economic benefits of free trade come mainly from what countries import, rather than from what they sell overseas. This may seem counter-intuitive. Many still argue that imports are ‘bad’, that import substitution is ‘good’, and that we ... Continue reading
Julian Jessop
9 July 2021
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Left turn ahead: Surveying attitudes of young people towards capitalism and socialism

Dr Kristian Niemietz
6 July 2021
Research

Left turn ahead: Surveying attitudes of young people towards capitalism and socialism

Summary Millennials have long been portrayed as a politically disengaged and apathetic generation. In recent years, however, that portrayal has changed drastically. The rise of mass movements such as Black Lives Matter, Extinction Rebellion, the ‘Greta Thunberg movement’ and Momentum, together with the ‘campus culture wars’, have turned perceptions upside down. Today, Millennials are much ... Continue reading
Dr Kristian Niemietz
6 July 2021
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PRESS RELEASE

The new trade route: The story of the IEA, Brexit and the UK’s new approach to global trade

Dr Radomir Tylecote
23 June 2021
Research

The new trade route: The story of the IEA, Brexit and the UK’s new approach to global trade

Foreword The colossal impact of the Covid-19 pandemic has somewhat eclipsed the memories of a Britain divided by the Brexit vote. But the years running up to the Brexit referendum – and the prolonged arguments that followed in its wake – created an atmosphere that was uniquely febrile and divisive. In September 2018, in the ... Continue reading
Dr Radomir Tylecote
23 June 2021
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Having your say: Threats to free speech in the 21st century

Edited by J. R. Shackleton
20 June 2021
Research

Having your say: Threats to free speech in the 21st century

SUMMARY Free speech is, with free trade, freedom of enterprise and security of property, one of the key features of classical liberalism. It is currently being undermined, for a variety of plausible reasons, by government, social and mainstream media companies, and the behaviour of individuals, firms and non-profit organisations. Having thrown off the obvious shackles ... Continue reading
Edited by J. R. Shackleton
20 June 2021
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The impact of COP9 on vapers

Christopher Snowdon
17 June 2021
Research

The impact of COP9 on vapers

The Framework Convention on Tobacco Control (FCTC) is a World Health Organisation (WHO) treaty that has a Secretariat which holds a biennial Conference of the Parties (COP) to discuss tobacco control issues. Despite the treaty’s commitment to tobacco harm reduction, the WHO and FCTC secretariat have never embraced e-cigarettes but have instead called for excessive ... Continue reading
Christopher Snowdon
17 June 2021
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