Continued from part 1 (here).  In 1789 France was a rural country with 55% of the population dependent directly or … Continue reading “Assessing the economic legacy of the French Revolution (Part 2)”

It’s no secret that ambitious public infrastructure projects often end up running monumentally over budget. Recent transport history is littered with … Continue reading “HS2 is a classic case of the “sunk costs” fallacy”

There is an old and often very useful adage that “if it sounds too good to be true, then it … Continue reading “Why there really aren’t any magic money trees”

It is odds on that Philip Hammond will announce in the Autumn Statement that government spending constraints will be relaxed … Continue reading “Road pricing: to build the infrastructure we really need without government borrowing”

Recently, Ian King, in The Times, highlighted the lunacy of Transport for London’s statement about profits from London Underground: “We … Continue reading “End the strikes by privatising the Tube”

Dr Stephen Davies, Educational Director at the IEA, discusses the changing technological landscape and how this might affect society and … Continue reading “THINK – The Economics of Change”

Government spending on infrastructure is a subject on which Keynesians and Neoclassicists tend to agree. The former are interested in … Continue reading “Infrastructure investment and economic growth”

There are not many things that economists are agreed upon. However, to slightly corrupt a quip attributed to George Bernard … Continue reading “Pricing roads – why are we waiting?”

At Freedom Forum this year, IEA Educational Director Dr Stephen Davies engages with the biggest challenge that is often raised … Continue reading “But who will build the roads?”