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

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

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 ...

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” ...

Colonialism and the slave trade were, at best, minor factors in Britain’s prosperity and may have been net lossmakers. An increasingly prominent anti-capitalist narrative claims that empire and ...

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 ...

Introductory Remarks In recent decades, economics and related policy sciences have taken what might be called a ‘behavioural turn’. Once-dominant theories of rationality and human behaviour have been ...

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 ...

Shortages of PPE and ventilators have overshadowed shortages of doctors during the Covid-19 pandemic. Yet when normality returns and the NHS is swamped by a backlog of cases, the latter could be ...

Sin taxes can cost poor families up to ten times more than they cost the wealthy There should be no debate about whether taxes on food, alcohol, tobacco and soft drinks (‘sin taxes’) are regressive.

Socialists are fond of modifiers these days. “Democratic Socialism”, “21 st Century Socialism”, “Millennial Socialism”, and, most absurd of all, “Libertarian Socialism” and “Libertarian Communism”.

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 ...