The opinion polls were wrong again; Brexit has won (and as a Lancastrian I was delighted to see the North … Continue reading “Tax policy after Brexit”

The IEA was honoured to welcome Cato Institute Senior Fellow and well-known American libertarian scholar Dan Mitchell to London to … Continue reading “An interview with Dan Mitchell”

In the wake of the financial crisis, there are growing movements in the USA and the UK to abolish the … Continue reading “How independent are central banks?”

The government is to be applauded for its attempts to get the medium-term public finances under control. However, its enthusiasm … Continue reading “Britain’s long-term outlook is suffering as the coalition pursues medium-term gain”

Mainstream macroeconomics presents monetary and fiscal interventions as independent policy options, and this spills over to institutional structures. In the … Continue reading “Economic fundamentals and the eurozone”

To many people, this phrase is an oxymoron. How can fiscal contraction be expansionary? But the evidence suggests that this … Continue reading “Expansionary fiscal contraction”