Institute of economic affairs

Derniers articles

• The uncomfortable economics of the ivory trade

  22 mai 2017, par Kristian Niemietz
  In the past week, the decision by the Conservatives to remove a ban on ivory sales from their manifesto has caused an uproar amongst people who see the move as an endorsement of poaching. To be clear, the international community banned the trade of ivory back in 1989 with limited success. (...)

• The UK’s lesson for America on slashing corporate taxes

  19 mai 2017, par Kristian Niemietz
  President Donald Trump wants to slash America’s corporate income tax rate, as part of the most ambitious tax reform package since Ronald Reagan’s in 1986. But with little bipartisan support and a Republican party divided over whether to introduce a so-called “border-adjustment tax”, many (...)

• Hard to believe, I know, but : George Monbiot is wrong

  18 mai 2017, par Kristian Niemietz
  George Monbiot has brought a new meaning to “regular columnist” with his contributions to The Guardian. Not only does he write regularly but he regularly writes the same column. Yesterday we here at the IEA enjoyed his three-monthly, “the influence of money is destroying democracy” column. We (...)

• Why the left needs to stop banging on about ‘austerity’

  17 mai 2017, par Kristian Niemietz
  I’m not a fan of Keynesian economics. (Yes, I know: shock, massive surprise.) But for the purposes of this article, let’s assume, just for ten minutes, that it could be proven beyond the shadow of a doubt that Keynesian economic policy recipes would have dragged the UK economy out of the Great (...)

• Over-regulation risks killing financial innovation at birth

  16 mai 2017, par Kristian Niemietz
  This is an election where the likely outcome is “no change”. There will be no change to the government in office and that government is likely to spend five years doing little except managing Brexit. In the next five years, it is likely that there will be no radical deregulation – of anything. (...)

• Why I can’t be bothered to read Marx

  15 mai 2017, par Kristian Niemietz
  Daffyd Thomas, one of the most memorable characters in the ‘Little Britain’ series, is ‘the only gay in the village’. Or so he likes to think. Daffyd loves the role of the outsider, who bravely defies society’s stifling conventions. So he convinces himself that everybody is shocked and horrified (...)

• In praise of naked trade

  12 mai 2017, par Kristian Niemietz — Economic Theory, Trade, Development, and Immigration, Brexit, Jamie Whyte, Peter Mandelson, trade agreements, Unilateral free trade
  Peter Mandelson was the European Trade Commissioner from 2004 to 2008. You might expect him to know a thing or two about trade. In a recent article in the Evening Standard, lambasting the government’s naiveté about international trade post-Brexit, he drew on this expectation. Having stated his (...)

• There is nothing wrong with falling prices

  11 mai 2017, par Kristian Niemietz — Economic Theory, Monetary Policy, deflation, FEE, Foundation for Economic Education, inflation, John Tamny
  According to “The Upshot” column in the New York Times, there’s a problem with cheap goods that needs fixing. It’s an odd lament that prices apparently aren’t rising fast enough, but that’s the story the Times’ business journalists are telling. To quote the Upshot directly, “There is a worldwide glut (...)

• The Nanny State Index – whatever happened to ‘liberal Britain’

  10 mai 2017, par Kristian Niemietz — Lifestyle Economics, Society and Culture, Chris Snowdon, fizzy drinks tax, Nanny State Index, plain packaging, tobacco duties
  ‘Until 1914’, wrote the historian A.J.P. Taylor, ‘a sensible, law-abiding Englishmen could pass through life and hardly notice the existence of the state’. What a difference a century makes. The Nanny State Index, published by the Institute of Economic Affairs today, shows that the UK has risen up (...)

• What would count as a ‘successful’ Brexit ?

  9 mai 2017, par Kristian Niemietz — Government and Institutions, Trade, Development, and Immigration, Brexit, Jean-Claude Juncker, Ryan Bourne, trade deals
  How can we judge whether Brexit has been worth it by, say, 2020? That has been a question doing the rounds on Twitter. Are there any economic measures we can assess? Growth? Real GDP per head? The number of trade deals signed? The impact on British regions? Perhaps we should simply view (...)

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