If you want to get on the front page of the BBC website and all over the news one morning … Continue reading “Stating the obvious to two decimal places”

●  Philip Booth argues there is no real concept of a market in the British education system ●  Gary Becker … Continue reading “Economics on the web (16.06.09)”

Ronald Reagan famously stated the perfect response that government should make to any crisis: “Don’t just do something, stand there!” … Continue reading “The virtues of benign neglect”

Britain now faces one of the most serious fiscal crises in its peacetime history. One reason is that the UK … Continue reading “Britain faces worst ever peacetime fiscal crisis”

Recently in The Times Anatole Kaletsky attacked the “many financiers [that] have been calling… for a ‘market solution’ based on … Continue reading “Austrian economics vs Keynesianism and Kaletsky”

I am not altogether clear at the moment what the Conservatives’ policy is at the broader fiscal level. In current circumstances they probably … Continue reading “Sharing the proceeds of shrinkage”

Benefit rates are set to rise substantially next month. State pensions will rise by 5%, while means-tested payments, such as … Continue reading “Are large benefit increases wise in a recession?”

This is not the first time this subject has been covered on the IEA blog – but the point needs … Continue reading “Time to suspend the minimum wage”

●  Philip Booth discusses Barack Obama on American Public Radio   ●  Peter Boettke explains why politicians are making the … Continue reading “Economics on the web (29.01.09)”