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George Bush, then a presidential candidate, famously said at the 1988 Republican National Convention in New Orleans: “read my lips: no new taxes”. The pledge not to tax the American…

Introduction The new UK government elected in July 2024 has promised a ‘decade of national renewal’, realised through its Industrial Strategy, its Infrastructure Strategy, and the transition to Clean Power.…

As you read this, 103,000 men, women, and children in the U.S. are waiting for a kidney. Last year alone, over 43,000 transplants were performed. Yet, 17 people die every…

Call for Research Proposals: Central Banking and Public Debt Click here for detailed information The Institute for Research in Economic and Fiscal Issues (IREF), a free-market-oriented think tank, is inviting…

The long run is a misleading guide to current affairs. ‘In the long run we are all dead,’ wrote John Maynard Keynes in 1923. The statement seems well-suited to the…

Europe once again stands at the edge of a technological revolution—this time, in quantum computing. Widely regarded as the next tech frontier, quantum promises capabilities far beyond today’s supercomputers, with…

Prison cells are a fascinating economic laboratory, where for over a century thriving markets in goods, services, labor—and even money—have existed. Nowhere else do you find so many people craving…

We are delighted to publish this new report by our regular contributor, Bob Lyddon. It is about the plans of the UK government to launch a decade-long programme of ‘investment’…

For centuries, Britain stood as a magnet for global wealth. London’s financial markets, trusted legal system, and cosmopolitan culture attracted the world’s wealthy, fueling investment, innovation, and growth. But that…

Since returning to office in January 2025, President Donald Trump has made the Federal Reserve a central target of his presidency. At first, there were hints of serious reform, including…