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What’s the point of foreign aid?

2 September 2024

What’s the point of foreign aid?

Daniel Freeman
2 September 2024
When compared to any other point in history the world, we are astonishingly rich. Thanks to the interlinked miracles of … Continue reading “What’s the point of foreign aid?”

Pensioner bonds policy is naked political opportunism

12 February 2015
Tax and Fiscal Policy

Pensioner bonds policy is naked political opportunism

Ryan Bourne
12 February 2015
‘Dear chief secretary, I’m afraid to tell you there’s no money left’. That twelve-word note left in the Treasury from … Continue reading “Pensioner bonds policy is naked political opportunism”

Granny bonds: Politicians must stop buying votes with subsidies for the old and rich

20 January 2015
Welfare

Granny bonds: Politicians must stop buying votes with subsidies for the old and rich

Ryan Bourne
20 January 2015
One of the insights of the Public Choice School of economics is that voting groups with more homogenous interests will … Continue reading “Granny bonds: Politicians must stop buying votes with subsidies for the old and rich”

The politics of greed

5 January 2015
Economic Theory

The politics of greed

Christopher J. Coyne and Rachel L. Coyne
5 January 2015
Many associate markets with self-interest and greed whilst associating politics with other-regarding, publicly-interested behaviour. Perhaps nowhere is this view more … Continue reading “The politics of greed”

Scottish independence and the sterling-zone controversy

2 September 2014
Monetary Policy

Scottish independence and the sterling-zone controversy

John Burton
2 September 2014
One of the most important controversies generated by the Scottish independence debate relates to the continuation (or not) of the … Continue reading “Scottish independence and the sterling-zone controversy”

Gary Becker showed us the power of economics

9 May 2014
Economic Theory

Gary Becker showed us the power of economics

Alex Robson
9 May 2014
Gary Becker was one of the giants of economics. During his lifetime his contribution to the profession remained unsurpassed – … Continue reading “Gary Becker showed us the power of economics”

Median voter theorem: why mainstream parties adopt similar policies

8 November 2013

Median voter theorem: why mainstream parties adopt similar policies

Stephen Michael MacLean
8 November 2013
Telegraph blogger Tom Chivers has no qualms that ‘the three “mainstream” parties… are all essentially the same.’ As he writes, ‘The mainstream … Continue reading “Median voter theorem: why mainstream parties adopt similar policies”

How many types of human being? – Mid Staffs and public choice

7 February 2013

How many types of human being? – Mid Staffs and public choice

Philip Booth
7 February 2013
James Buchanan pointed out that the problem with much policy-related economics is that it assumes one type of human person … Continue reading “How many types of human being? – Mid Staffs and public choice”

Why do the worst get on top? An answer from Public Choice

21 January 2013

Why do the worst get on top? An answer from Public Choice

John Meadowcroft
21 January 2013
An important component of the argument of F. A. Hayek’s The Road to Serfdom is that those people likely to … Continue reading “Why do the worst get on top? An answer from Public Choice”

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