Johannes Matt Johannes Matt

Proactive cuts, reactive cuts

This week, everyone’s favourite government agency, the Office of National Statistics (ONS), announced that inflation had hit a new 10-month high of 3 percent in January – well above the Bank of England’s forecast.

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Mani Basharzad Mani Basharzad

Blackboard Economics

In his blog post "Ten Things Every Economist Should Know," Dr Pirie includes an important observation: "Modeling has limitations. Some economists like to produce neat, clean models of how economies work.

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Madsen Pirie Madsen Pirie

The Adam Smith Institute’s response to change

The ASI is often described as centre-right because of its neoliberal approach to trade and its emphasis on markets and competition. It is far from a populist outlook that is anti-immigrant, anti-drugs, anti-lifestyle choice and traditionalist moral values.

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Madsen Pirie Madsen Pirie

Not a thing

In a famous, some might say infamous, interview for Woman’s Own in 1987, Prime Minister Margaret Thatcher declared:

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Tim Worstall Tim Worstall

There’s a vast value to devolution, you know?

As we keep insisting the beating heart of the very idea of a market economic system is that we get to try many - even all - things and then do more of what works and less of what doesn’t.

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Matt Kilcoyne Matt Kilcoyne

The Problem of Car Loans

The Supreme Court's rejection of Rachel Reeves' intervention in the car loan compensation case lays bare a profound crisis in British financial regulation.

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Madsen Pirie Madsen Pirie

Ten things every economist should know

Taxes on goods and services, including labour, make them more expensive. Other things being equal, on the margins people will tend to consume less of them.

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Madsen Pirie Madsen Pirie

Churn and change

When I first began to fly across the Atlantic, flights used to cost the same because the International Air Transport Association (IATA) was a price cartel.

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