Introduction – Why this book is needed F. A. Hayek (1899–1992) was one of the most important social thinkers of … Continue ...

A major poll of 3,001 British voters examines why Britain's economy has underperformed, what the public believes is holding ...

Pricing would lead to more efficient investment and better use of existing capacity In this short classic, Friedrich von Hayek argues that our thinking is governed by language which reflects an ...

When this blog was launched over a decade ago, most of my articles were rebuttals of the latest nonsense I had read in the Guardian or the Independent. Those publications are, unfortunately, still ...

April 19 2016, Free Republic, Bernie’s right – America should be more like Sweden; But not in the way he thinks April 19 2016, Reason, Bernie’s right – America should be more like Sweden; But not in ...

This article was first published on the Institute of Economic Affairs Substack. Official figures recently published by HMRC indicate a huge rise in illicit tobacco sales in the UK since 2021. The ...

Between 3 – 8 July 2017, the Institute of Economic Affairs and the Adam Smith Institute jointly held Freedom Week, a series of seminars aimed at students with an interest in classical liberalism, at ...

Research from the Institute of Economic Affairs (IEA) confirms younger people are hostile to capitalism and hold positive views of socialist alternatives. The new paper should act as a “wake up call” ...

Each year, the Government publishes international energy price comparisons. The data is sourced from the IEA and covers industrial and domestic gas and electricity prices. The latest data for 2023 was ...

The overview highlights the academic consensus on harmful consequences. Most studies (56 out of 65) find that rent controls succeed in lowering rents for controlled units, as intended. However, 14 out ...

Britain is moving in a decidedly cashless direction. In the decade between 2012 and 2022, cash payments fell from 54 per cent to 14 per cent according to UK Finance. This isn’t happening because of ...

In the early 2010s, a number of campaign groups made the case for the introduction of what they called a ‘living wage’, with rates substantially above the statutory national minimum wage. These groups ...