Regulation

Deregulation and tax cuts are crucial to boost prosperity


SUGGESTED ARTICLES

Economic Theory

The debunking of myths surrounding inequality, social mobility, wages and more

Lifestyle Economics

New polling shows attitudes towards the nanny state

Tax and Fiscal Policy

Philip Booth comments on the revised figures for economic growth in the UK

Commenting on the announcement that economic growth in the UK has been revised down to 2.6%, Professor Philip Booth, Editorial and Programme Director at the IEA said:

“The downward revision to national income figures demonstrates the importance of redoubling efforts to reduce government spending and regulation.

“During its post-crisis phase, terrible productivity performance has been a key feature of the UK economy. More radical deregulation of planning; an end to the ratcheting up of regulation on the financial sector; and considerable tax cuts, financed by reductions in government spending, are essential if the economy is going to begin growing at rates which will facilitate increased prosperity for all.”

To arrange an interview please contact Camilla Goodwin, Communications Officer: 07821 971 443

Notes to editors:

The mission of the Institute of Economic Affairs is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems.

The IEA is a registered educational charity and independent of all political parties.



SIGN UP FOR IEA EMAILS