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“The 0.3% fall in UK GDP in April is another lesson in basic economics. “The contraction was partly due to the unwinding of the temporary boost in the first quarter, when manufacturers had brought ...

Responding to the Spending Review, Tom Clougherty, Executive Director at the Institute of Economic Affairs, said: “For all the preceding rhetoric, it is very clear that no ‘zero-based’ review of ...

Flying to Scotland from Southampton on a fine day recently, my eye soon picked up the brown streak across southern central counties that is the route of HS2. Earth works are almost complete, and much ...

Many readers will be familiar with the concept of the Bootleggers and Baptists, in which self-interested businesses find common cause with moral busybodies in rigging the market against consumers. The ...

This publication comprises a reappraisal of the work of John Maynard Keynes. It strengthens the view that the Keynesians went too far in supposing that the old economics had been overthrown by the new ...

On 15 April, the IEA’s Kristian Niemietz gave a talk at an event organised by the London New Liberals. The article below is based on his remarks. What does it mean to be a liberal in Britain in the ...

In his recent book, co-authored with Peter Hutchison, George Monbiot makes a distinction between a bridging network (which brings together people from different groups) and a bonding network (which ...