On the more market-oriented wing of UK politics, there is a widespread view that the energy packages announced by Chancellors … Continue reading “Was there a market-oriented alternative to the UK’s energy crisis response?”

The 2020s will see the introduction of one of the most profoundly transformative technologies for decades: the driverless car. In … Continue reading “What policy questions will be created by driverless cars?”

One of the larger benefits those of a liberal economics bent often ascribe to trade deals is that they provide … Continue reading “What trade deals do and do not mean for domestic laws”

In the run-up to the EU referendum, a number of the most high-profile companies, institutes and departments went out on … Continue reading “Of experts and ‘experts’: economists and Brexit”

A classical conservative believes private property exists in a moral, not merely political sense.  We could truly own things even … Continue reading “Wealth taxes are not the way to go”

Simon Wren-Lewis, a professor at Oxford and an active blogger, is a long-standing opponent of the Coalition’s economic strategy.  He … Continue reading “Would any amount of government borrowing count as ‘enough’ for Simon Wren-Lewis?”

We start with a world in which firms in high-status sectors such as the arts, media, finance and law provide … Continue reading “Banning unpaid internships will harm, not help, the disadvantaged”

An interesting comment was made recently by Andrew Lilico at a meeting of the IEA’s Shadow Monetary Policy Committee. He … Continue reading “Has the Bank of England abandoned inflation targeting?”

Does cutting the Bank Rate (the Bank of England policy rate) cut the real-terms cost of capital for investors? Most … Continue reading “Holding Bank Rate at 0.5 per cent indefinitely will damage investment, not stimulate it”