Suppose the government redistributed to every adult Briton a basic, unconditional income of £10,000 from tax revenues. Would aggregate employment … Continue reading “A Universal Basic Income (UBI): a price worth paying to cut regulations?”

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”

The Labour Party used to be ‘intensely relaxed’ about people getting rich. Now it is ‘intensely relaxed’ about the ability … Continue reading “Miliband’s proposals would fundamentally change our wage-setting framework”

To deal with the problem of escalating rents, Ed Miliband plans to introduce what amounts to a variation of ‘second … Continue reading “Why Miliband’s rent control plan isn’t just some harmless gimmick”

Pay growth at 1.7 per cent, inflation at 1.6 per cent on the consumer price index (CPI), real wages increasing. … Continue reading “The cost of living crisis isn’t over – but Ed Miliband still won’t solve it”

Political leaders often struggle to find their ‘big idea’, their multi-purpose answer to tackle a range of problems at once. … Continue reading “Ed Miliband’s tuition fee cap proposal is wrong in principle and wrong in detail”

Today Ed Miliband made a speech on policy in UK banking. There is much wrong with that market and important reforms should … Continue reading “Memo to Ed Miliband – you cannot regulate your way to competition”

Ed Miliband is getting serious about shedding his Red Ed image. In an article in the Daily Telegraph, the Labour … Continue reading “Miliband’s middle class pitch fails to confront Labour’s statist legacy”

It is nearly seventy years since Friedrich Hayek dedicated The Road to Serfdom to ‘the socialists of all parties’. Sadly, … Continue reading “Socialists of all parties and the Miliband energy proposals”