policy

December 1, 2014

Ibl Index of Liberalizations 2014

The new edition of Istituto Bruno Leoni’s Index of Liberalizations ranks the UK as the most liberalized country in the EU-15, followed by the Netherlands and Sweden. The Index surveys a range of sectors, from energy and telecommunications to transport and insurance, ranking each of the EU-15 Member States relative to the one which scores highest.
December 1, 2014

Taxing Problem: the UK’s Incoherent Tax System

The UK tax system is incoherent. Even ignoring benefits styled as tax credits and the withdrawal of child benefit, taxpayers can face seven different marginal rates of personal tax. In the long term, aiming for significantly lower levels of government spending could facilitate substantial marginal tax rate cuts, and the government should aim to return to a tax system with two, or preferably one, overall marginal rates of tax on income.
October 1, 2014

Nutrition Taxes: a Broken Tool in Public Health Policy

It is vital to understand that the impact of nutrition taxes on the consumption of nutritionally poor food is unclear and that there is a sizable risk of instituting additional constraints on the country’s economic activity without getting the expected public health benefits.
October 1, 2014

Against Government Planning Over the Airwaves: a Free-market Approach to Spectrum Management

The development of television and mobile communications in the coming years will depend on the future of the UHF band, currently the subject of discussions at national and international levels. Regulators should resist the temptation of premature and radical intervention and abandon the traditional dirigiste model of spectrum management.
October 1, 2014

Too Late for France? Finding and Restoring the Proper Size of the Modern State

We are living in exciting times, with a whole series of beliefs and certainties being called deeply into question. With a never-ending crisis upon us, many economists admit they feel perplexed as they face a situation they have trouble explaining and remedies that are proving ineffective.
September 1, 2014

The New Equality: Global Development From Robin Hood to Botswana

In the mid-1700s Europe and North America broke with thousands of years of economic stagnation. When power was spread around in society, countries began to experience sustained growth. It was also the birth of global income inequality, which continued to grow for about two centuries.