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September 28, 2018
Published by IEA on September 28, 2018
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Free Trade and How It Enriches Us

Free trade improves the well-being of all parties to it. The most significant way that trade achieves this outcome is by enabling and incentivising specialisation in production, and also encouraging mechanisation and innovation. As specialisation deepens, and as mechanisation and innovation advance, the per-person output of goods and services increases.
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July 25, 2018
Published by IEA on July 25, 2018
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Of Course Sin Taxes Are Regressive

There should be no debate about whether taxes on food, alcohol, tobacco and soft drinks (‘sin taxes’) are regressive. It can be easily demonstrated empirically, and countless studies have done so. As with most indirect taxes, they take a greater share of income from the poor than from the rich in all plausible scenarios.
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June 7, 2018
Published by IEA on June 7, 2018
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Why the EU Needs the City Too

The UK might appear to have the most to lose from Brexit if City firms find it harder to sell financial services into the EU. But London has actually consolidated its position as the world’s leading financial centre since the vote to leave, helped by strong signals that the UK at least will keep its markets open. The EU should follow this lead.
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June 6, 2018
Published by IEA on June 6, 2018
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Offshore Bet

The popular account of offshore financial centres as hotbeds of tax evasion is an outdated caricature that bears little resemblance to how OFCs operate. Our new report debunks a number of myths surrounding OFCs – or tax havens – and outlines the important economic function they play in a globalised world.
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May 14, 2018
Published by IEA on May 14, 2018
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Robocalypse Now?

It is claimed that robots, algorithms and artificial intelligence are going to destroy jobs on an unprecedented scale. These developments, unlike past bouts of technical change, threaten rapidly to affect even highly-skilled work and lead to mass unemployment and/or dramatic falls in wages and living standards, while accentuating inequality.
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May 7, 2018
Published by IEA on May 7, 2018
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Nanny State Index – Nicotine Supplement

Our new league table of nanny state regulation shows that punitive taxation and excessive regulation of safer nicotine alternatives has increased across the EU. Finland and Hungary have the most excessive regulations for safer nicotine products, whereas Sweden and the UK have the most liberalized markets.
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April 6, 2018
Published by IEA on April 6, 2018
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Fast Food Outlets and Obesity: What is the Evidence?

Several local authorities in Britain have introduced ‘zoning laws’ to restrict fast food outlets within a certain distance of schools. Public Health England, the British Medical Association and the Mayor of London have all endorsed this policy as a way of tackling childhood obesity.
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February 28, 2018
Published by IEA on February 28, 2018
Categories

Socially Useless? The Crucial Contribution of Finance to Economic Life

Financial firms serve many useful functions which individuals and households could scarcely undertake on their own. These functions include maturity transformation, matching lenders and borrowers at low cost, facilitating the transfer of risk and consumption across time and between people, monitoring, and diversification of investments.
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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).