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Don't knock the system: politics caused this crisis of capitalism

Type: Think PiecesWritten by Dr Eamonn Butler | Monday 06 October 2008

Dr Eamonn Butler argues that the crisis was not caused by a "failure of capitalism" and points out that market economies will flourish if politicians and regulators act responsibly.

Why Alistair Darling should raise the personal allowance

Type: ReportsWritten by Tom Clougherty | Monday 24 November 2008

This briefing, published in advance of the Chancellor's 2008 pre-budget report, calls for the personal income tax allowance to be raised from £6,035 to £12,000 for all UK taxpayers. This would take 7 million people out of paying income tax altogether, and ensure no one earning the minimum wage or less would pay income tax at all. It would be equivalent to giving the average worker an extra £1730 per year in gross pay, making them £100 per month better off. This policy could be implemented at a cost of £18.9bn to the Exchequer – a sum which should not require increased government borrowing.

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What Alistair Darling should have done

Type: Think PiecesWritten by Tom Clougherty | Wednesday 26 November 2008

In this think piece ASI policy director Tom Clougherty outlines his reaction to the Chancellor's pre-budget report of November 2008, arguing that Alistair Darling's so-called 'stimulus package' is really a manifesto for wasteful spending, record levels of government borrowing and public debt, and higher taxes in the long term. He argues Darling should instead have announced a substantial rise in the personal allowance balanced by public spending restraint.

The Financial Crisis: Is regulation cure or cause?

Type: ReportsWritten by Tim Ambler | Thursday 27 November 2008

In a briefing paper the ASI's regulation fellow Tim Ambler examines the populist demands for financial stability and security though increased regulation. The question the paper poses is whether existing regulation mitigated the 2008 financial crisis, had no impact, or exacerbated it. Answering this question is the key to deciding how we respond to the crisis. The paper's main conclusion is that improving regulation will not provide more than modest help in future. The important thing is that the Bank of England, the FSA and the credit agencies do the jobs they are supposed to do more effectively.

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How to promote the free market in 2009

Type: Think PiecesWritten by Tom Clougherty | Monday 12 January 2009

In this think piece, Tom Clougherty outlines the key ways the free market can be promoted in 2009: offer a compelling narrative that runs counter to 'common wisdom'; oppose Keynesianism and the idea that government can stimulate the economy; expose the government interventions and failures that contributed to the financial crisis; advocate policies to raise productivity and economic competitiveness; and educate people about theories and ideas of the great free-market thinkers, particularly those of the Austrian School.

Madsen Pirie on Platform sets out his manifesto for Britain

Type: Think PiecesWritten by Dr Madsen Pirie | Thursday 15 January 2009

Dr Madsen Pirie on what the next government should do.

The rise of Mugabenomics

Type: Think PiecesWritten by Dr Eamonn Butler | Friday 30 January 2009

In this think piece, Dr Eamonn Butler considers the economic downturn and the government's response to it. He unpacks the reality of quantative easing for what it is, namely printing money.

Has Keynes trumped Adam Smith?

Type: Think PiecesWritten by Mark Skousen | Friday 27 February 2009

In this think piece, Mark Skousen considers Marxist, Keynesian and Smithian economics.

We've all been made criminals

Type: Think PiecesWritten by Dr Eamonn Butler | Sunday 01 March 2009

Dr Eamonn Butler explores how the long arm of the law is stretching too far in to our lives. He believes that Britain has casually slipped in to a police state in which anybody can be stopped and searched for no good reason.

A Labour-made crisis

Type: Think PiecesWritten by Dr Eamonn Butler | Thursday 05 March 2009

Dr Eamonn Butler argues that it is absurd for ministers to condemn Goodwin's deal given the pensions mess that they created.

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