The Institute of Economic Affairs is the UK’s leading free-market think tank. Founded in 1955, our mission is to improve understanding of the fundamental institutions of a free society by analysing ...

‘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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 five-year average tax burden in the UK is now at a 70-year high. The impact and opportunities of Brexit, coupled with the need to revitalise the economy in the wake of the Covid-19 crisis, mean ...

A new systematic review and meta-analysis published by the Institute of Economic Affairs finds that Covid lockdowns failed to significantly reduce deaths The Herby-Jonung-Hanke meta-analysis found ...