“The motives of fear and greed are what the market brings to prominence,” argues G.A. Cohen in Why Not Socialism? … Continue reading “Competition is not unique to capitalism – it exists in all economic systems”

Which country in the world has the best healthcare? Is the NHS fit for purpose? What are the alternatives? How … Continue reading “The future of healthcare”

The war of words between Boots and the Labour Party has led to much political soul-searching. The salient question seems … Continue reading “Anti-business or anti-market?”

It is sad to report the death of Gordon Tullock. He was a friend, likeable and respected as a great … Continue reading “Gordon Tullock, R.I.P.”

‘What are the foundations of a free society?’ asks a recent IEA publication. What key components are essential for realising … Continue reading “Holding elites to account”

Mancur Olson is best known for his 1965 book, The Logic of Collective Action, in which he explained why small, … Continue reading “The deeper causes of Britain’s economic stagnation”

I am no fan of the ‘Occupy Wall Street’ movement, which one or two libertarians not with standing, is a … Continue reading “Two Views on ‘Structured Inequality’”

Successful political movements emerge when people with diverging aims can be persuaded that they are really on the same side, … Continue reading “The ‘Occupy’ protesters are 99% wrong”

Public choice theory – the application of economics to politics – is inspired by classical liberal principles of free markets … Continue reading “House of Lords reform: lessons from public choice theory”