British Growth Driven by Liberal Institutions, Not Colonialism
2 May 2024
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Economics
IEA research featured in The Independent
1 May 2024
In the Media
Economic Theory
11 November 2024
IEA research featured in The Evening Standard & The Mirror
New research by IEA Editorial Director Kristian Niemietz on the costs and benefits of European colonialism has been featured in the London Evening Standard.
The article said:
“Niemietz has argued that colonialism made only a ‘minor contribution’ to Britain’s economic development, ‘and quite possibly none at all’, with the benefits outweighed by the military and administrative cost of running an empire.
The article said:
“Niemietz has argued that colonialism made only a ‘minor contribution’ to Britain’s economic development, ‘and quite possibly none at all’, with the benefits outweighed by the military and administrative cost of running an empire.
“He added that the trans-Atlantic slave trade was no more important to the British economy than sheep-farming or brewing, and most trade was with North America and Western Europe rather than the colonies, even if some individuals did become ‘very rich’ from ‘overseas engagement’.”
Read the full article here.
The research was also featured in The Daily Mirror, the Adam Smith Institute’s blog, The North East Post, AOL, MSN, and WIREDGOV.
Read a full copy of Imperial Measurement: A Cost–Benefit Analysis of Western Colonialism.
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