Four tax reforms will take effect in April 2025. Using the PolicyEngine UK tax-benefit microsimulation model, we analysed these reforms, which will increase taxes by an average of £1,112 per household ...

I am delighted to invite you to an upcoming IEA event, ‘In Conversation with Dr Tom Hurst and John Whittingdale MP’. This event will occur on Monday, 28 th April, from 18:00 – 20:30 at the IEA (2 Lord ...

The IEA is partnering with Cambridge Global Connect to offer research internships to international students passionate about economics and public policy. Through this initiative, the IEA is expanding ...

I am delighted to invite you to an upcoming IEA event, ‘In Conversation with David Friedman’. This event will occur on Wednesday, 7 th May, from 18:00 – 20:30 at the IEA (2 Lord North Street, ...

Inflation targeting fails to distinguish between demand and supply-side driven inflation, leading to suboptimal policy responses and delayed recovery from financial crises, such as the Covid-19 ...

Responding to a new report by Action on Smoking and Health, Dr Christopher Snowdon, Head of Lifestyle Economics at the free market think tank the Institute of Economic Affairs, said: “This is more ...

“The Chancellor is right to cut spending rather than raise taxes again, and the cuts she has made are welcome. There is, nevertheless, a sense of unreality about all this. Policy is being determined ...

Pricing would lead to more efficient investment and better use of existing capacity In this short classic, Friedrich von Hayek argues that our thinking is governed by language which reflects an ...

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 ...

Responding to the increase in the energy price cap, Andy Mayer, Energy Analyst at the Institute of Economic Affairs said: “It is well understood that when international wholesale energy prices rise so ...

Responding to Trump’s pause on aid to Ukraine, Adam Bartha, Director of International Outreach at the Institute of Economic Affairs, and EPICENTER said: “Trump’s first weeks of his second term have ...

There is no “British DOGE”, but the idea of slashing government bureaucracy seems to be in vogue all of a sudden. With their latest announcement to radically slim down, or possibly even abolish NHS ...