How school vouchers can harness choice and competition to bring greater quality and equality in education. A joint publication of the Adam Smith Institute and the Centre for Market Reform in Education.
Nigel Hawkins identifies £40bn of assets that the state could sell off to cut taxes or pay down the debt, including government-owned real estate, parts of state-owned companies like National Rail, and utilities that the government should not be running in the first place.
Why Help to Buy will stoke a housing bubble by boosting demand without doing anything for supply, and risk taxpayer money in the process.
Robert CB Miller gives a modern Austrian explanation of the crisis, and argues that tightening the ‘loose joint’ of bank credit expansion is the key to preventing a repeat in the future. Based on the work of FA Hayek and other Austrian school economists, he says that the recession is a necessary part of the recovery process, as bad investments are liquidated and new profit routes discovered, but government draws out this process by regulating markets and restricting trade.
Despite all the heated exchanges over UK Prime Minister David Cameron’s plan to renegotiate Britain’s membership of the EU, whether the UK stays in or leaves the EU may not be critical for the City. Far more important, says Tim Ambler, is the need to create a single global market for financial services. In such a global market, the potential for such a leading-edge financial services provider as London is unlimited.