Observers of energy policy often assume that national success must be explained by some favoured technology. Nuclear enthusiasts insist that cheap power requires reactors. Hydro advocates point to ...

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, ...

Introductory Remarks In recent decades, economics and related policy sciences have taken what might be called a ‘behavioural turn’. Once-dominant theories of rationality and human behaviour have been ...

Each year, the Government publishes international energy price comparisons. The data is sourced from the IEA and covers industrial and domestic gas and electricity prices. The latest data for 2023 was ...

https://iea.org.uk/wp-content/uploads/2016/07/Booth-BBC-Interactive.pdf In the past, the use of a compulsory levy on television sets (a licence fee) to finance the ...

Britain is moving in a decidedly cashless direction. In the decade between 2012 and 2022, cash payments fell from 54 per cent to 14 per cent according to UK Finance. This isn’t happening because of ...

Colonialism and the slave trade were, at best, minor factors in Britain’s prosperity and may have been net lossmakers. An increasingly prominent anti-capitalist narrative claims that empire and ...

‘Market failure’ is a term widely used by politicians, journalists and university and A-level economics students and teachers. However, those who use the term often lack any sense of proportion about ...

The overview highlights the academic consensus on harmful consequences. Most studies (56 out of 65) find that rent controls succeed in lowering rents for controlled units, as intended. However, 14 out ...

The purpose of this systematic review and meta-analysis is to determine the effect of lockdowns, also referred to as ‘Covid restrictions’, ‘social distancing measures’ etc., on COVID-19 mortality ...

“English votes for English laws” no solution to problems caused by devolution · The UK’s current devolution settlement leads to unrepresentative government and has an inbuilt bias towards “big ...

The politicisation of the transport sector has stifled the market processes that reallocate infrastructure to higher value uses. As a consequence, government transport spending is misallocated on a ...