●  Philip Booth discusses the growing debt burden in the Yorkshire Post ●  Eamonn Butler explains why political interference is … Continue reading “Economics on the web (12.2.09)”

Adam Smith’s ‘agency problem’, the separation of ownership from control, enables big-business executives and directors to pursue their own agenda. … Continue reading “Banking on corporatism”

●  Philip Booth discusses Barack Obama on American Public Radio   ●  Peter Boettke explains why politicians are making the … Continue reading “Economics on the web (29.01.09)”

Once the current recession is finally over, poverty researchers might well find themselves confronted with a puzzle. For it is … Continue reading “Will the economic crisis reduce poverty?”

In his excellent book, The Origin of Wealth, Eric Beinhocker argues that it is markets, not individual companies, which are … Continue reading “Let them eat debt”

Some people have suggested that the current crisis suggests that ‘free’ markets are dead. Given the high degree of regulatory … Continue reading “The financial crisis shows why we should admire Friedrich Hayek”

The Financial Times’ chief economics commentator, Martin Wolf, has put forward a convincing explanation for the ultimate cause of the … Continue reading “Demography and the financial crisis”

Should the UK government really be encouraging households to borrow money to buy houses in the current climate? And should … Continue reading “Should banks be lending to house buyers?”

●  John Blundell advocates the privatisation of Britain’s forests – and explains why Adam Smith must be rolling in his grave. … Continue reading “Economics on the web (13.1.08)”