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 ...

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 ...

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, ...

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 ...

Why do single-issue campaigners object to pragmatic solutions to the issues that concern them? The IEA’s ‘Not Invented Here’ series has discussed six major problems – malnutrition, smoking, obesity, ...

As a free-market economist, I talk about competition a lot. Of all the arguments for a market economy, the case for competition is the one that is probably easiest to make when talking to a hostile ...

“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), ...

Responding to reports of US plans for blanket tariffs, Tom Clougherty, Executive Director at the Institute of Economic Affairs said: “Tariffs are a tax on domestic consumers. With living costs high ...

IEA Economics Fellow Julian Jessop was referenced in the Express on Prime Minister Sir Keir Starmer’s approach to the EU. The article said: “Julian Jessop of the Institute of Economic Affairs said the ...

“No other country in the world has a state-sanctioned regulatory body of this kind – and the international football authorities are rightly suspicious of government interference in football. The ...

Amongst commentators critiquing the NHS and suggesting alternative healthcare models, the conversation does not progress particularly far. It tends to start with a suggestion that we need to look ...