Topic: Institute of Economic Affairs

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Ghana takes steps to avoid oil curse

The 'model' West African nation of Ghana last week announced a five-year road map to make sure the economy is not overly dependent on oil, but the policy papers are short on details.
Royal wedding: by the numbers

Weighing in at $65 million, the royal wedding of Prince William and Catherine Middleton is about 2,000 times as costly as the average British upper-middle class wedding.
The Circle Bastiat
Politically Impossible?

A new edition of a classic text argues that political culture mirrors the convictions of the public, which are shaped by the ideas and assertions of intellectual leaders and economists.
UK budget 2010: New era of austerity in Europe?

UK budget 2010: Britain today unveiled budget cuts to raise £40 billion in state revenues through tax increases, welfare cuts, and salary freezes. But history suggests that raising taxes during a recession can cause a double-dip.
David Cameron named new UK prime minister after Brown resigns

The Conservative Party leader David Cameron swiftly moved into 10 Downing Street on Tuesday as the UK's first Conservative Party prime minister in 13 years. Gordon Brown steps down.
Conservatives say it's decision time for UK's Liberal Democrats

Conservative leader David Cameron urged the third-party Liberal Democrats to make a deal quickly as negotiations over forming a coalition government intensified Tuesday.