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 ...

Liberalism in Western societies faces mounting challenges by populists, autocrats, and grassroots movements. GWF Hegel’s Philosophy of Right (1821) was prescient about disaffection with the Liberal ...

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 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 ...

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 ...

This article was first published on the Institute of Economic Affairs Substack. Official figures recently published by HMRC indicate a huge rise in illicit tobacco sales in the UK since 2021. The ...

Karl Marx’s influence among intellectual elites underwent a massive rebound in recent years. In 2018, mainstream publications including the New York Times, the Economist, and the Financial Times ran ...

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 ...

“This is a deeply cynical cash grab from the Chancellor. Forget sin taxes, this is a saint tax. Vapers did what the government wanted and gave up smoking. They are now being punished for it. “This is ...

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 ...

Colonialism and the slave trade were, at best, minor factors in Britain’s prosperity and may have been net lossmakers. An increasingly prominent anti-capitalist narrative claims that empire and ...

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, ...