David Henderson, a long-standing IEA supporter and member of our Academic Advisory Council, has died. He was 91. David had … Continue reading “In memoriam: David Henderson”

(The extensions are set below in square brackets, so that the original text, which the FT did not publish, can … Continue reading “Getting it wrong at the FT and in Downing Street”

This article is a sequel to ‘The continuing power of intuitive or do-it-yourself economics (DIYE)’. It draws on Chapter 3 … Continue reading “The continuing influence of unreflecting centralism”

This article is based on Chapter 7 of David Henderson’s 2004 book ‘The Role of Business in the Modern World,’ … Continue reading “The continuing power of intuitive or do-it-yourself economics (DIYE)”

The Chancellor of the Exchequer, George Osborne, is currently on an official visit to China. In today’s (21 September) Financial … Continue reading “High-level fantasy”

In two previous posts, I criticised a number of recent commentators in the Financial Times (FT) for routinely quoting figures … Continue reading “GDP figures – Part 2 post-script: Getting it wrong at BP”

Better days at the FT In an earlier piece (7 January), I criticised staffers at the Financial Times (FT) for … Continue reading “GDP figures (Part 2): Cross-country comparisons and a total for the world”

The Financial Times has long been a continuing source of misleading statements about the relative size of the economies of … Continue reading “GDP figures: How the Financial Times gets it wrong”