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June 11, 2020
Published by IEA on June 11, 2020
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Can ‘Profiteering’ Ever Be Justified?

Given that even ‘profit’ now seems to be dirty word, it is no surprise that being accused of ‘profiteering’ during a crisis is about as bad as it can get. But there are some circumstances when an increase in prices in response to exceptional demand can actually be a good thing.
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May 28, 2020
Published by IEA on May 28, 2020
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Now Is Not the Time to Go Soft on Globalisation (Part 1)

The progress that free trade and globalisation have achieved are coming under severe threat from the Covid-19 pandemic. There are siren calls for increased state interference in economic life favoured by the political left, while right-wing populists are calling for increased protectionism or “de-globalization”.
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May 14, 2020
Published by IEA on May 14, 2020
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Model Behaviour: How Economists Can Shape the Post-lockdown Word

The seminal work on epidemiological models was carried out in the late 1920s and early 1930s. The models have developed substantially since then, but their key drivers are still essentially those discovered nearly a century ago.
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May 11, 2020
Published by IEA on May 11, 2020
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The Problem is Not Testing Capacity but Testing Participation

This paper argues that testing participation – and not testing capacity – is the biggest obstacle to a successful “test and isolate” strategy, as recently proposed by Paul Romer.
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April 30, 2020
Published by IEA on April 30, 2020
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COVID-19: Who to Blame?

Much of the WHO rhetoric on COVID-19 has treated the pandemic as an unavoidable, natural disaster devoid of blame – this is absolutely not the case. The evidence overwhelmingly suggests there are two principal actors at fault, although admittedly to different extents: where the Chinese government is culpable, the WHO is complicit.
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April 29, 2020
Published by IEA on April 29, 2020
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Going Viral: the History and Economics of Pandemics

Pandemics are a recurring feature of human history. In the modern world, since the 1770s, we have had a series of pandemics, with a series of cholera ones in the nineteenth and early twentieth centuries, and a series of five influenza ones since 1890.
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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).