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 ...

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 ...

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 ...

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 ...

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, ...

EA magazine is the UK’s only free-market magazine aimed at A Level/IB students and their teachers. Featuring some of the best writers on economic freedom from around the world, EA examines today’s key ...

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 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 ...

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 ...

In 2004 the Swedish inheritance tax and gift tax was abolished by a unanimous vote in the Riksdag. In a new book ”Ten years without the Swedish inheritance tax. Mourned by no one – missed by few”, by ...

In The Road to Serfdom F. A. Hayek set out the danger posed to freedom by attempts to apply the principles of wartime economic and social planning to the problems of peacetime. Hayek argued that the ...

Research from the Institute of Economic Affairs (IEA) confirms younger people are hostile to capitalism and hold positive views of socialist alternatives. The new paper should act as a “wake up call” ...