Research

Equal Pay Day calculation is fundamentally misleading

Summary:  While the official gender pay gap figure is 9.1% for full-time workers, the pay gap between men and women aged 22-39 is negligible. The gap widens later in life, often as a result of women taking time out of the workplace to raise children, and returning to work in a part-time capacity, reducing future ... Continue reading
Research

New book from the IEA is a comprehensive challenge to paternalism

If you would like a copy of 'Killjoys' please donate £10 to the IEA here and a copy will be sent to you. *Offer ends 18th December 2017. Delivery to the UK and Ireland only.* Summary:  Eating sugary food, drinking alcohol and smoking cigarettes are legal activities. But politicians still use the law to discourage them. ... Continue reading
Research

The Dubious Case for Free School Breakfasts

Summary:  The Conservative Party’s manifesto for the June 2017 general election included a policy to replace free school lunches with free school breakfasts for all school children. After the election, the policy was abandoned. The Conservative manifesto justified the policy by appealing to research into the educational effects of free school breakfasts conducted by the ... Continue reading
Research

Lift EU regulations to let vaping flourish after Brexit

Summary:  The UK and Sweden have the lowest smoking rates in the European Union as a result of consumers switching from cigarettes to low risk nicotine products: specifically, e-cigarettes and snus, respectively. Public Health England and other health organisations have concluded that the health risks of vaping are unlikely to exceed five per cent of ... Continue reading
Research

UK has nothing to fear from a 'bare bones' Brexit deal

Much of the discussion of a ‘no deal’ Brexit has focussed on a chaotic outcome where talks break up without any agreements on the future relationship. However, this outcome would be so bad for all parties that it is highly unlikely. A more credible scenario would involve the UK leaving the Single Market and the Customs ... Continue reading
Research

Embrace private sector education in post-conflict states to improve standards

Summary:  Low-cost private schools are ubiquitous across the developing world. This book explores their nature and extent in some of the world’s most difficult places, three conflictaffected states in sub-Saharan Africa: Liberia, Sierra Leone and South Sudan. The accepted wisdom of international agencies on education in conflict-affected states acknowledges that some kinds of low-cost private ... Continue reading
Economic Affairs
Subscribe to Economic Affairs Contents Introduction (pages 341–342) by J.R. Shackleton Central Bank or Monetary Authority? Three Views on Money and Monetary Reform (pages 343–356) by Frank Decker Indirect Convertibility, Equity-Based Banking and Financial Stability (pages 357–364) by David Cronin How Functional is the Eurozone? An Index of European Economic Integration Through the Single Currency ... Continue reading
Research

Response to possibility of 'no deal' scenario

Summary:  A 'no deal' scenario, in which the UK simply leaves the Single Market and Customs Union in 2019, does not have to be the 'catastrophe' that many fear. There would be some new barriers to trade with the EU, but these should be manageable.  On the upside, the UK would be able to crack ... Continue reading