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Prohibitions create black markets and cause violent crime

10 August 2016
Lifestyle Economics

Prohibitions create black markets and cause violent crime

Jay Stooksberry
10 August 2016
Every December 5th, American beer, wine, and spirit enthusiasts celebrate Repeal Day. It was on this day in 1933 that … Continue reading “Prohibitions create black markets and cause violent crime”

THINK – Economics of Prison Gangs

12 August 2015
Society and Culture

THINK – Economics of Prison Gangs

12 August 2015
Dr David Skarbek, lecturer in Political Economy at King’s College London and author of The Social Order of the Underworld, … Continue reading “THINK – Economics of Prison Gangs”

Gary Becker showed us the power of economics

9 May 2014
Economic Theory

Gary Becker showed us the power of economics

Alex Robson
9 May 2014
Gary Becker was one of the giants of economics. During his lifetime his contribution to the profession remained unsurpassed – … Continue reading “Gary Becker showed us the power of economics”

The Spirit Level and the imaginary £39 billion (part 1)

21 March 2014

The Spirit Level and the imaginary £39 billion (part 1)

Christopher Snowdon
21 March 2014
On Sunday, the Observer reported that ‘Inequality costs Britain £39bn a year’. This is based on the belief that ‘a … Continue reading “The Spirit Level and the imaginary £39 billion (part 1)”

Drugs: The War We Never Fought

16 May 2012
Lifestyle Economics

Drugs: The War We Never Fought

16 May 2012
The Institute of Economic Affairs held an exclusive head-to-head debate on Drugs: The War We Never Fought between Peter Hitchens … Continue reading “Drugs: The War We Never Fought”

What would Einstein say about the London riots?

10 November 2011

What would Einstein say about the London riots?

Kristian Niemietz
10 November 2011
It was Albert Einstein who once said: ‘The definition of insanity is doing the same thing over and over again … Continue reading “What would Einstein say about the London riots?”

John Meadowcroft – Prohibitions

4 March 2008

John Meadowcroft – Prohibitions

4 March 2008
The ‘nanny state’ has expanded in recent years. Politicians and bureaucrats have increasingly sought to restrict what individuals are permitted … Continue reading “John Meadowcroft – Prohibitions”

John Meadowcroft – Prohibitions

4 March 2008
Lifestyle Economics

John Meadowcroft – Prohibitions

4 March 2008
The ‘nanny state’ has expanded in recent years. Politicians and bureaucrats have increasingly sought to restrict what individuals are permitted … Continue reading “John Meadowcroft – Prohibitions”

Philip Booth discusses inequality on Radio 4

28 December 2009

Philip Booth discusses inequality on Radio 4

Philip Booth
28 December 2009
Yesterday I appeared on the Radio 4 Sunday Programme. The programme is available online on the BBC iplayer at http://www.bbc.co.uk/programmes/b006qnbd until 2 January. It begins … Continue reading “Philip Booth discusses inequality on Radio 4”

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The IEA is the UK's original free-market think-tank.

Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of the markets in solving economic and social problems. Given the current economic challenges facing Britain and the wider global environment, it is more vital than ever that we promote the intellectual case for a free economy, low taxes, freedom in education, health and welfare and lower levels of regulation.

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