The Northern Powerhouse Rail (NPR) project, previously known as HS3, was first promised by the Coalition Government in 2014 as an extension to HS2. It was originally intended to be a phased set of links between London, Birmingham, Manchester and Leeds, due for delivery between 2029-2033 (and delayed from 2026 for the first phase). NPR ... Continue reading
Richard Wellings, who leaves us on 15 November with our very best wishes, has been with the IEA for 15 years. He was initially Deputy Editorial Director and later Deputy Research Director, and twice Acting Research Director. He was also, for many years, editor of this blog. By the time of my arrival he was ... Continue reading
Summary Politicians and activists seek to further limit the right to free speech by extending hate speech laws and placing new legal constraints on the speech that can be posted on social media platforms. The Online Safety Bill is now before the UK parliament and several American politicians, including President Biden and former President Trump, ... Continue reading
Society and Culture
Facebook users are currently being deluged with warnings on their timelines about exposure to extremist content. They are invited to access specialist support to cleanse them of harm and refer recently red-pilled friends for intervention. This is not an unlikely phishing scam, it is Facebook HQ’s attempt to address the political class’s monster of the ... Continue reading
Summary India is at a crossroads. As the UK’s Prime Minister prepares to meet Indian leaders virtually, he promises an Enhanced Trade Partnership, possibly leading to a full Free Trade Agreement (FTA). There are important commercial reasons for this agreement, but perhaps more importantly, there are powerful geopolitical reasons. India could be brought into an ... Continue reading
Summary The government has launched a review into British gambling law ‘to make sure it is fit for the digital age’. A coalition of activists has proposed a range of anti-gambling measures, including an advertising ban, low stake limits, a monthly spending cap, slower gameplay and a ban on VIP schemes, bonuses and inducements. Despite ... Continue reading
Since becoming the head of the Catholic Church in 2013, Pope Francis has not shied away from the political domain. On Sunday, the religious leader used the COVID-19 pandemic to renew his criticisms of free-market capitalism. “The fragility of world systems in the face of the pandemic has demonstrated that not everything can be resolved by market freedom,” ... Continue reading
Last week, the Fraser Institute, a Canadian think tank, confirmed what many of us already know - property rights in South Africa are in serious trouble. Of the 42 indices that the Economic Freedom of the World report measures, South Africa's score has quickly declined in the area that is arguably the most important for a functioning ... Continue reading
The publication of Carl Menger’s book Principles of Economics in Vienna in 1871 is usually seen as the birth of the Austrian School of Economics. But the focus of Janek Wasserman’s book The Marginal Revolutionaries. How Austrian Economists fought the War of Ideas lies elsewhere. He points out that it is debatable whether Menger’s book ... Continue reading
Was it really only last Monday that the ‘rule of six’ came into force? From tomorrow, pubs and restaurants will be table service only and have to close by 10pm. Retail staff will have to wear masks. Tentative efforts to get a few fans back into sports stadia have been cancelled. Perhaps the most charitable ... Continue reading