Over at Cafe Hayek, George Mason professor of economics Russ Roberts turns his guns on the ”buy local” fallacy. Roberts … Continue reading “To buy local is loco”

Simon Cowell has announced that he will produce a cover version of Everybody Hurts by REM to raise money for … Continue reading “Competition will help Haiti”

In January, Paul Collier, an economics professor who has frequently been published by the IEA, wrote a controversial article for The … Continue reading “Better schooling and a less distorted housing market”

Simon Cowell has announced that he will produce a cover version of Everybody Hurts by REM to raise money for … Continue reading “Competition will help Haiti”

Countries trade on their reputations. It is not just the number of eager, materialistic consumers that causes businesses to invest … Continue reading “A windfall tax on bankers will damage the economy”

The government’s economic recovery policy consisted of two tracks: one, a vastly expensive “fiscal stimulus“, involved ramping up spending at … Continue reading “Government’s recovery plan is a train wreck”

Egalitarians are enjoying the financial crisis, digging up old ideas that have long since had their day. Last week Compass … Continue reading “Against the maximum wage”

The Bank of England’s decision to pump an additional £50 billion into the economy, over and above the £125 billion … Continue reading “Quantitative easing: a case of being in the right place at the right time?”