In the heyday of state interventionism that followed World War II, it fell to a relatively small group of economists … Continue reading “Sir Alan Peacock (1922-2014)”

The newspapers have been full of reports recently about the Prime Minister and the Chancellor of the Exchequer summoning senior … Continue reading “Does competition law really do much good?”

The recent death of Norman Barry is a great loss to the cause of classical liberalism. For Norman was one … Continue reading “Norman Barry (1944-2008)”

The present financial crisis illustrates clearly the fundamental importance of institutional structure to the satisfactory operation of a market economy. … Continue reading “The financial crisis and the economics of institutions”