We have forgotten the meaning of property rights

The outrage accompanying the release of the so-called ‘Paradise Papers’, detailing efforts to avoid tax by wealthy individuals and global corporations, is a sad testament to the extent of dilution the concept of property rights continues to suffer in our modern democracies. In the current political debate, the question of the moral justification of [...]

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Check your privilege

I am part of the problem. I know I am. And I haven’t even taken the ‘How privileged are you’ test yet. I am part of the problem, not only because I am what these days is [...]

Capitalism’s rotten reputation

When Matthew Elliott and James Kanagasooriam from the Legatum institute set out to investigate Britain’s attitude to economics, it was against the background of a resurgent [...]

Some useful facts about guns and America

American gun culture has again come in for severe criticism after the latest mass shooting in Las Vegas. Over 50 people were killed when 64-year old Stephen Paddock opened [...]

A lost generation: demography underpins the resurgence of socialism

Calvin Robinson is head of computer science at St Mary’s and St John’s Church of England School in Hendon, north west London, and this year he featured in the Department [...]

The Fed fesses up: QE didn’t work

In November 2008, the US Federal Reserve, while cutting the benchmark Fed Funds Rate aggressively, embarked on a large-scale programme of purchasing mortgage-backed securities [...]

Why we support Catalan independence

Brexit may be taking the headlines when it comes to European independence movements, but further south a different secession movement is stirring again: the Catalan regional [...]

Should children be allowed to work?

In England, a child below the age of 13 is prohibited from working and young persons must be in part-time education or training until they’re 18. Most developing countries [...]

The world is lucky to have billionaires

A surge in the Amazon share price briefly made Jeff Bezos the world’s richest man in July 2017, when his fortune surpassed USD 90 billion. As the share sold off from the [...]

Why disaster relief is misguided

When people decide where to live there are many factors which are taken into account, and the subjective ranking of these end up determining whether we settle in one place or [...]

Risk, reward and inequality

The entrepreneur is an unusual economic actor: integral to capitalism and admired on the right, he also enjoys a modicum of popularity on the anti-capitalist left, as a symbol [...]