Recent years have seen sharp growth in the number and scale of class actions filed before the UK Competition Appeal Tribunal (‘Tribunal’). Pending claims are worth an estimated £134 billion. There are ...

The IEA is an educational charity and free market think tank. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets ...

I was recently watching the video “Are Populists Destroying Democracy?” on the IEA’s Youtube channel, in which the IEA’s Editorial Director Kristian Niemietz interviewed Swedish political scientist ...

The Government’s own impact assessment for its employment rights legislation estimates that the measures could cost businesses up to £5 billion annually. To start, this is a substantial amount. Past ...

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 ...

The overview highlights the academic consensus on harmful consequences. Most studies (56 out of 65) find that rent controls succeed in lowering rents for controlled units, as intended. However, 14 out ...

The biggest difference between compensation packages in the public and private sectors – bearing in mind that there are material differences between different parts of the public sector – is ...

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 ...

Last Tuesday, the Guardian published an article entitled “The end of landlords: the surprisingly simple solution to the UK housing crisis” by Nick Bano. It is another exercise in supply-side denial, ...

Many libertarians supported Brexit, believing it would reduce governmental layers and bring power closer to the British people. They saw it as an opportunity to escape the control of Brussels’ ...

Classical liberals are rightly known for their fierce defence of free trade. Free trade makes us richer, fosters efficiency and technological innovation, and as David Hume pointed out in his essay Of ...

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 ...