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When market failure attracts rent-seekers

28 January 2022
Energy and Environment

When market failure attracts rent-seekers

Bruno Prior
28 January 2022
Market failures are not simply outcomes you do not like. They are institutional inefficiencies such as externalities (where a proportion … Continue reading “When market failure attracts rent-seekers”

The market as a learning process

26 January 2022
Energy and Environment

The market as a learning process

Bruno Prior
26 January 2022
A long time ago – when people were more worried about global cooling than warming, but were just as worried … Continue reading “The market as a learning process”

The importance of free trade – and how to derive its full benefits

31 July 2019
Trade, Development, and Immigration

The importance of free trade – and how to derive its full benefits

Shanker Singham
31 July 2019
The gains in economic activity derived from free trade are well established. Adam Smith and David Ricardo, who respectively discussed … Continue reading “The importance of free trade – and how to derive its full benefits”

Public choice theory – the economics of government failure

13 September 2018
Economic Theory

Public choice theory – the economics of government failure

EAMONN BUTLER
13 September 2018
Will the view from the next hill be worth the effort of climbing it? Should you spend time learning the … Continue reading “Public choice theory – the economics of government failure”

Review: ‘Adam Smith: What He Thought, and Why It Matters’ by Jesse Norman

2 August 2018
Economic Theory

Review: ‘Adam Smith: What He Thought, and Why It Matters’ by Jesse Norman

Zachary Spiro
2 August 2018
Almost two centuries ago, an angry man sat down to write an essay expressing deeply-held thoughts and prejudices. His subject … Continue reading “Review: ‘Adam Smith: What He Thought, and Why It Matters’ by Jesse Norman”

Most occupational licensing is a racket that exploits consumers

16 February 2018
Economic Theory

Most occupational licensing is a racket that exploits consumers

Len Shackleton
16 February 2018
The Solicitors Regulation Authority (SRA) published figures this week highlighting efforts to increase the numbers of female and minority ethnic … Continue reading “Most occupational licensing is a racket that exploits consumers”

Greece – the conundrum of currency and institutions (Part 1)

19 January 2017
Government and Institutions

Greece – the conundrum of currency and institutions (Part 1)

Nikos Miserlis
19 January 2017
It appears to many that Greece is a lost cause and a country that can maybe only survive outside the … Continue reading “Greece – the conundrum of currency and institutions (Part 1)”

8 thoughts on Nissan, ‘support and assurances’ and industrial strategy

28 October 2016
Trade, Development, and Immigration

8 thoughts on Nissan, ‘support and assurances’ and industrial strategy

Ryan Bourne
28 October 2016
It is unclear that the ‘support and assurances’ the government has supposedly given to Nissan (which the company said were … Continue reading “8 thoughts on Nissan, ‘support and assurances’ and industrial strategy”

Does regulation serve the public interest?

21 January 2016
Regulation

Does regulation serve the public interest?

Christopher J. Coyne and Rachel L. Coyne
21 January 2016
As Uber, an app which connects riders with private drivers, has spread throughout Europe, it has been met with backlash … Continue reading “Does regulation serve the public interest?”

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