Society is cracking. Lurching from economic disaster to social decay, our modern-day life is plagued by sickness. Deepak Lal, world-renowned … Continue reading “Lost Causes: The Retreat from Classical Liberalism”

In this revised and expanded version of a classic IEA text, first published in 1983, but revised and expanded in … Continue reading “The Poverty of Development Economics”

Lal analyses the effects of minimum wages on unemployment and training, and concludes that they increase unemployment and reduce the … Continue reading “The Minimum Wage: No Way to Help the Poor”