Renowned author Matt Ridley gave 2018's Hayek Memorial Lecture. Matt’s books – which include The Rational Optimist and The Evolution of Everything – have sold over a million copies and been translated into 31 languages. His TED talk “When Ideas Have Sex” has been viewed more than two million times. During his distinguished career, he’s ... Continue reading
Education
On our podcast this week, we're joined by Sophie Sandor, an independent filmmaker and education expert, and Madeline Grant, Editorial Manager at the Institute of Economic Affairs. Interviewed by the IEA's Digital Manager Darren Grimes, Sophie and Madeline take a look at state education in Britain - which currently operates in a near monopoly for ... Continue reading
STREAM the full podcast here. DOWNLOAD the briefing for free here. This year, Saturday November 10th is Equal Pay Day - the day the Fawcett Society calculates that women, on average, essentially start working for free, because of the gender pay gap.  But Office for National Statistics calculated just a few weeks back that the pay ... Continue reading
Trade, Development, and Immigration
It was almost exactly 200 years ago that David Ricardo first outlined the principle of comparative advantage that helped lay the groundwork for repealing the corn laws here in Britain, and the free-trading consensus that later emerged. But free trade is coming under attack around the world - since the FC especially, tariffs and protectionism ... Continue reading
The idea of the “Entrepreneurial State” or the “state as investor” has taken off in recent years - following the release of an influential book by economist Mariana Mazzucato. This view that state investment weighs very heavily in economic growth, now forms the basis of contemporary public policy. Our government’s Industrial Strategy effectively proposes that ... Continue reading
Economic Theory
Socialists claim that previous versions of socialism went wrong because of external constraints, or because it happened in the wrong place, or because the wrong people took over, and so on. Fair enough. Let’s do a thought experiment, then, in which we just assume all those factors away. Let’s do a thought experiment of a ... Continue reading