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Institute of Economic Affairs

  • Never forget the undeniable moral case for capitalism

    Economics

    Critics of capitalism describe it as immoral. In pointing to subjective (and sometimes objective) examples of unethical or harmful behaviour they conclude that capitalism is the enabling or even necessary force. Others, in so far as they stop to think about it, may conclude that the free-market system is amoral; that it is utterly indifferent [...]

    Canary Wharf skyline featuring modern high-rise buildings under a clear sky, highlighting Londons financial district.
  • Gary Stevenson is predictably wrong about wealth taxes

    Opinion

    Wealth taxes, as promoted by the likes of Gary Stevenson and Zack Polanski, are a terrible idea. Let’s make Britain rich instead, says Kristian Niemietz Wealth taxes are currently all the rage. Over the past few years, a massive hype has built up around the idea: 75 per cent of the public say they support [...]

    Gary Stevenson debates economist Dr Kristian Niemietz on wealth tax issues during a live event.
  • Voters tell Reeves: Cut taxes and energy costs to boost ‘poor’ UK economy

    Economics

    British voters want Rachel Reeves to cut taxes and reduce energy costs in order to focus on growth as a majority of people felt the UK economy was “poor”, new research has shown. Polling by Freshwater Strategy for the Institute of Economic Affairs (IEA), a free market think tank, suggested that the vast majority of [...]

    Breaking news update on recent developments in global business trends, featuring a bustling corporate office environment
  • Public officials ‘not truthful’ about ‘fantasy’ net zero costs

    January 13, 2026

    Net zero is set to cost the UK economy billions of pounds more than public officials estimate, a new report has suggested, raising questions over the supposed savings to be made from the energy transition for households and businesses.  A new paper published by the Institute of Economic Affairs, a free market think tank, has [...]

  • The Debate: Is pre-Budget speculation helpful?

    November 26, 2025

    We want to write it, you want to read it, but is pre-Budget speculation actually helpful? We put two experts head to head.

  • FCA’s diversity requirements go ‘far beyond remit’, report warns

    October 21, 2025

    The Financial Conduct Authority (FCA) and other public sector diversity initiatives go “far beyond” remits set by legal requirements, a report has warned, prompting Reform UK to vow to reset systems to reward “talent and merit alone”.  Analysis in a paper by the Institute of Economic Affairs (IEA) has suggested that diversity policies advanced by [...]

  • Former Margaret Thatcher adviser and top lobbyist Kevin Bell dies

    September 11, 2025

    One of Margaret Thatcher’s advisers and a well-known City figure, Kevin Bell, has died.  Bell, who died aged 68, was an influential lobbyist and respected among conservative thinkers across Westminster.  He led campaign groups and public affairs giants throughout his career, heading up the likes of Fleishman-Hillard and Maitland Political.  Bell was also worldwide president [...]

  • Solar panels must be fitted on all new homes from 2027 in net zero push 

    May 1, 2025

    New rules will mandate that housebuilders fit solar panels on the roofs of almost every new-build home from 2027, in a move slammed as an “ideological crusade”.  According to a report in The Times, the policy change would add around £3,300 to the cost of building a semi-detached or terraced house, with a £4,000 premium [...]

  • “Older and poorer” – the UK’s future?

    September 19, 2024

    The Health Secretary, Wes Streeting, said last week that the UK risks becoming “a country with an NHS attached.” Coming from a Labour MP this constitutes admirable candour. The problem is, we’re long past that point already. The NHS is by far the biggest employer in the country (over two million people) with a budget [...]

  • Serious Fraud Office ‘should be replaced with a new body’, say IEA

    August 23, 2024

    The UK anti-fraud agency should be replaced with a new body dedicated to combating economic crime, says a new paper by think tank IEA

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