Before I started working full-time at the IEA, I wrote a dissertation on poverty in developed economies. At the time, the state of the social policy literature was easily summarised. Developed ...

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 ...

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 UK’s trade patterns with the EU fail to show a Brexit effect, either since the referendum or the end of the transition period. Trade continued to grow between 2016 and the conclusion of the Brexit ...

https://iea.org.uk/wp-content/uploads/2016/07/Booth-BBC-Interactive.pdf In the past, the use of a compulsory levy on television sets (a licence fee) to finance the ...

The policy reaction to the Covid-19 pandemic will increase budget deficits massively in all the world’s leading countries. The deficits will to a significant extent be monetised, with heavy state ...

‘Market failure’ is a term widely used by politicians, journalists and university and A-level economics students and teachers. However, those who use the term often lack any sense of proportion about ...

As Fidel Castro progressed slowly toward Havana in the first days of 1959, he was met by huge crowds of enthusiastic supporters. The ex-president, Fulgencio Batista, had fled in the early hours of New ...

The IEA is today delighted to announce the appointment of a new Chairman to its Board of Trustees. Neil Record replaces Professor David Myddelton, who has been Chairman since 2001. Neil Record is ...

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 ...

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 ...

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” ...