Graham Cunningham looks at the economic history of Britain and explores the movement away from the manufacturing industry. He explains why he believes this shift is not a good thing and how the 'entertainment culture' in Britain has left the country with a lack of understanding of significant economic concepts.
Dr Fred Hansen explores the growing issues with the NHS and examines what could be done to deal with them. He explains the need to bring the responsibility of healthcare back to the consumer and give them more control over healthcare. He picks up the issue of 'self care' and outlines why and how it could work.
By looking at various industries, Dr Madsen Pirie explores how through time certain products become cheaper and cheaper. He underlines how the the companies react to changes in their products price. For instance, how the music industry reacted as downloading tracks became free. As this keeps happening with more and more industries, how are they going to be able to support themselves?
In this report, part of the ASI's influential Road Map series, the authors seek to retain what is best about the NHS, in particular the fairness that it represents. The report is based on the principle that everyone should have high-quality healthcare free at the point of need, and assumes that most healthcare will continue to be funded through taxation. Nonetheless the authors also propose to unleash the power of enterprise and innovation in how healthcare is actually provided. This requires breaking through the ideological barricades - a public-private mixture is really the only way forward.
The effects of globalization on inflation are complicated and substantial research on this topic has been lacking, producing a level of uncertainty. This paper hopes to address four key aspects of the issue: how globalization is affecting prices, wages, asset prices and the overall implications for monetary policy. While in the long–run globalization tends to have a null effect on inflation as imbalances like wage–expectations and price arbitrage are corrected, in the short–run, the impact is more uncertain.
An insight into the Philosopher Economist who defined the Moral Foundation for the Free Market Economy.
For today's critics selfishness has been replaced by reference to greed and if that is not sufficiently colourful - "crass greed". "Greed is good" is even said to be the creed of the proponents of free markets and in today's universal media distribution this has gained widespread currency. Such negative perceptions of the market economy have the potential to undermine its moral foundation and therefore its general acceptance. However Smith shows a free market economy does not depend on greed; indeed, Smith's central notion of self-interest is quite different to greed.
The UK's e-government strategy is fragmented and producer driven , says Andrew Lomas, and will never deliver its full benefits to the public. By contract, tiny Estonia has re-thought its government systems around the new technology – resulting in much higher online access to government and great public satisfaction.
Rail's woes are due to bureaucracy, not privatization. It's time for the government to release the railway from its over burdening grip. A grip entrenched in regulation that has far too many officials, or any proper functionality. Iain Murray, the author, says that for the railways to work, "the train operation companies must be given more control, and have a major say in how station and track improvements are managed. This will lead to more customer-driven investment decisions," he insists, "providing in turn much more of what train users actually want."
In a question and answer format, Samuel Nguyen provides a case for a flat tax rate. He argues that it will not be as good for the rich as people think, but he feels the tax rate will be so much lower that the rich will actually pay it. Thus, he points out, the Government should have more to spend. He also looks in to whether this is the kind of policy Europe would want to advocate and answers confidently that this is the way forward.
Keith Boyfield picks up on the subject of regulation and how much the EU law is to blame for the significant legislation on British business. However, he explains why there is reason for optimism and how things could change for the better in terms of pulling back on excessive regulation.