The widely circulated news that the EU is backtracking on the ban on selling cars with internal combustion engines in 2035 is greatly exaggerated. Rather than a U-turn, it’s more…
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Trump’s H-1B Restrictions: A Blow to Innovation and America’s Global Competitiveness
For more than a century, America’s greatest strength has been its ability to attract the world’s most talented people — the scientists, engineers, researchers, and entrepreneurs who made the U.S.…
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We have witnessed a food delivery boom in the last decade, yet one such system has operated successfully for over 130 years. In Mumbai, India, five thousand delivery men distribute…
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Over the past two years, a striking new force has reshaped global political movements. Generation Z—once dismissed as apathetic, distracted, and politically disengaged—has emerged at the forefront of protest worldwide.…
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Taxes and tariffs are—unsurprisingly—a major topic for economists. On one hand, they generate huge inefficiencies, deadweight losses, and perverse incentives; on the other hand, they reveal the fascinating creativity with…
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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…
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The United Kingdom as a sandbox for state-directed investment
by Bob Lyddonby Bob LyddonIntroduction 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.…
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When Money Doesn’t Matter: The Economics of Kidney Donation
by Jakub Žofčákby Jakub ŽofčákAs 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…
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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…
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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…

