Last year, I wrote on this blog about the government’s proposed 5p plastic bag levy (set to come into force … Continue reading “The plastic bag levy illustrates the difficulty of Pigouvian taxation”

How does your garden variety Malthusian react if a resource he has predicted to run out manifestly refuses to do … Continue reading “George Monbiot horrified: industrial civilisation will survive”

In each of the last two weeks the IEA has hosted panel discussions in front of packed houses. Last week the … Continue reading “Today’s big problems can only be solved with free-market economics”