The Shadow Monetary Policy Committee (SMPC) is a group of independent economists whose purpose is to monitor the decisions of the Bank of England’s official Monetary Policy Committee and make policy ...

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 ...

Kevin served the IEA with distinction for twenty-three years on the Board of Managing Trustees. He was a dedicated and committed trustee whose scrutiny of our affairs was both fearless and ...

Dr Steve Davies is the Senior Education Fellow at the IEA. Previously he was program officer at the Institute for Humane Studies (IHS) at George Mason University in Virginia. He joined IHS from the UK ...

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 ...

The opportunity before the UK as a result of Brexit is, this paper proposes, a great one: but if the UK squanders it, what has been described as the ‘new normal’ of limited economic growth could ...

Dr Kristian Niemietz is the IEA’s Editorial Director and Head of Political Economy at the IEA. He studied Economics at the Humboldt University Berlin and the University of Salamanca, graduating in ...

Over the past few years, spiked online magazine has consistently and robustly defended the principle of free speech against the censorship demands of the politically correct, whatever quarter they may ...

The policy reaction to the Covid-19 pandemic will increase budget deficits massively in all the world’s leading countries. The deficits will to a significant extent be monetised, with heavy state ...

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 ...

Denmark’s tax on saturated fat was hailed as a world-leading public health policy when it was introduced in October 2011, but it was abandoned fifteen months later when the unintended consequences ...

This discussion paper provides the first estimate of the net effect of smoking on UK taxpayers per annum. Up until now, estimates have used a methodology that typically includes intangible costs, ...