This monograph challenges the myth that the recent banking crisis was caused by insufficient statutory regulation of financial markets. Though it finds that statutory regulation failed, and that market participants took more risks than they should have done, it appears that statutory regulation...

Towards a Liberal Utopia? is a free-market manifesto for the next fifty years covering a diverse range of policy areas, including health, education, social security, pensions, labour markets, tax policy, Europe and the environment. In addition to these visions of the future, Ralph Harris...

UK voters face an historic choice between remaining within the EU or leaving and seeking a different type of involvement in the world economy. Such an alternative is clearly possible: the UK has many advantages in an international context as a result of its historical alliances and involvement...

In the past, the use of a compulsory levy on television sets (a licence fee) to finance the BBC could be justified given the problem of spectrum scarcity and the fact that television signals were a public good (i.e. there was effectively a zero marginal cost of an additional user receiving the...

It is often claimed that annuities are now 'expensive'. That claim is at least partly based on money illusion. Careful analysis shows that the current prices of annuities are largely the result of a decline in inflation expectations which has brought about a change in the income stream for annuities

The authors -- Foreword -- Acknowledgement -- Summary -- Tables and figures -- 1 Policy stability and economic growth: lessons from the Great Recession -- Introduction -- The Great Recession compared with earlier recessions -- The principles of good policy -- Monetary policy: to the Taylor rule...

_Ref337633482 -- Ref_XBasel%3Areprcb -- Ref_XGoodhartC%3Afisbsc -- Ref_XTurnerA%3Aturnrr -- Ref_XCihakM%3Acasebc -- Table 1 Estimates of tariff equivalents on manufactured goods resulting from all trade barriers (in per cent) -- Table 2 Effects of UK and EU tariff of 10 per cent on agriculture...