The Board of Trustees of the Institute of Economic Affairs (IEA) is delighted to announce that David Frost will become Director General and Ralph Harris Fellow of the Institute in January 2026. His ...

Forced technology transfer and China (pages 306-319) by Bob Carbaugh Chad Wassell The case for freedom revisited (pages 320-329) by Roland Vaubel Is energy security really too important to leave to ...

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 UK’s trade patterns with the EU fail to show a Brexit effect, either since the referendum or the end of the transition period. Trade continued to grow between 2016 and the conclusion of the Brexit ...

‘Market failure’ is a term widely used by politicians, journalists and university and A-level economics students and teachers. However, those who use the term often lack any sense of proportion about ...

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, ...

Between 3 – 8 July 2017, the Institute of Economic Affairs and the Adam Smith Institute jointly held Freedom Week, a series of seminars aimed at students with an interest in classical liberalism, at ...

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 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 ...

Despite some relative improvements in the last fifteen years, the National Health Service remains an international laggard in terms of those health outcomes that can be attributed to the healthcare ...

The cost-of-living crisis has been worsened by longer-term structural factors, beyond the immediate issues posed by loose monetary policy and supply-side constraints. Indeed, there were discussions ...

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 ...