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 ...

Mancur Olson explained in The Logic of Collective Action (1965) that the free rider problem and the paradox of participation discourage rational consumers from taking collective action to oppose ...

Price controls damage markets by preventing the supply of products rising to meet demand. They can cause significant welfare losses, a deterioration in product quality, a reduction in investment and, ...

Sixth form entries: ‘How does monetary policy work? Explain how monetary decisions affect main macroeconomic outcomes such as the nominal GDP and inflation’. Undergraduate entries: ‘Explain how ...

Consumers are the biggest losers from excessive lifestyle regulations, yet their views are largely absent from policy decisions Public health campaigners ignore consumers. They frame debates as ...

ABOUT THE PROGRAMME This week-long programme for sixth formers is a way to get experience discussing economic ideas and concepts beyond the exam curriculum. The week will include lectures, discussions ...

Whilst many of our donations are given without restriction, we do understand that when making a special gift, there are times when you might prefer to direct your gift to a particular purpose or ...

The existing economic framework of the United Kingdom begs an important question. Does it comply with critical criteria laid down in the seminal 1960s work of Robert Mundell on optimal currency areas ...

The IEA will be hosting an upcoming event with Mario Rizzo on his book, “Escaping Paternalism”. This event will take place on Tuesday 25 th March from 18:00 – 20:30 at the IEA Westminster offices.

Britain can use its Brexit freedoms to scrap arbitrary restrictions on parallel imports and cut prices for consumers and public services The UK has copied EU rules that prevent the import of genuine, ...

“Growth is simple, it’s either inventing new stuff or providing old stuff using fewer inputs. Net zero conversely is a political target that requires the UK to emit zero greenhouse gases (mostly CO2), ...

This publication comprises a reappraisal of the work of John Maynard Keynes. It strengthens the view that the Keynesians went too far in supposing that the old economics had been overthrown by the new ...