Matthew Lesh

Matthew Lesh is a Public Policy Fellow at the Institute of Economic Affairs and Country Manager at Freshwater Strategy.

Articles

Ideas

Five ways Boris Johnson can reboot and rebalance the economy

A political leader who has just secured a large majority has rarely regretted doing too much, too quickly. Boris Johnson’s extraordinary opportunity for radical reform of the structures of government and economy must not be wasted. The challenge of delivering a successful economy for everyone is immense. So here are five ideas for the new government […]

Economics

The drive for profit has raised billions out of poverty – attack it at your peril

Scotland’s ‘other national drink,’ Irn Bru, was stockpiled in January by fans who disapproved of the impending reformulation to halve the amount of sugar in favour of sweetener. The ‘Hands off our Irn Bru’ campaign, which had over 53,000 supporters, declared that they “would far rather pay more for a bottle than have an altered […]

Policy

Brexit is a chance to rebalance Britain’s wonky immigration system

As part of the Queen’s Speech this week, Trade Secretary Liz Truss has announced the Government’s target to have 80% of trade covered by free trade agreements by 2022, starting with deals with the United States, Australia, New Zealand and Japan. This will make us all better off. Free trade is good for consumers, who get access […]

Technology

The trouble with tech regulation

It’s cool to hate tech companies these days. From the Home Secretary’s description of the internet as a “hunting ground for monsters” to Labour Deputy Leader Tom Watson’s call to break up tech giants, our politicians have their eyes on the whizz kids. Even more regulation is on the horizon: the Government’s Online Harms White […]

Technology

Why does the Government want Britain to be a world leader in censorship?

The long-anticipated online harms white paper launched by the Government yesterday is an historic attack on freedom of speech that will only serve to entrench the tech giants and stymie innovation. The white paper calls for the imposition of a broad and unspecified “duty of care” on internet companies to prevent “illegal and harmful activity”, placing liability […]

Technology

The EU’s censorious copyright directive will create two internets

The European Parliament’s approval of the Copyright Directive today is the end of the internet as we know it. This new regulation creates substantial new controls on what we can share online which threaten freedom of expression, undermine creativity, and cement the dominance of technology giants. The Copyright Directive will create two internets. The first, […]

Economics

The Government risks making a big mistake on the minimum wage

In last week’s Spring Statement, Chancellor Philip Hammond announced that the government would “undertake a review of the international evidence on the employment and productivity effects of minimum wage rates” led by Professor Arin Dube of the University of Massachusetts. There is nothing inherently wrong with an evidential review. What is concerning, however, is who […]

Economics

Blue-sky thinking could be the answer to London’s housing crisis

The creation of a market in air could help solve London’s housing crisis. Yes, I’m saying we should privatise the air. Don’t tell the Corbynistas. In 1961, New York City established “transferable development rights” as part of limiting density for each block. Transferable development rights allow property owners to sell the space between an existing […]

Ideas

A fake news quango would threaten free expression and democracy

Dame Frances Cairncross’ government review of the media industry is calling for a “news quality obligation” on online platforms overseen by a powerful new regulator. The likes of Google, Facebook, YouTube, Twitter, and Apple would be obliged to “to improve how their users understand the origin of an article of news and the trustworthiness of […]

Economics

Railing against ‘fat cats’ won’t help workers

The increasing focus on executive pay reveals the politics of envy at the heart of the contemporary British left. The High Pay Centre, an odd name for an organisation that hates people getting paid well, and the Chartered Institute of Personnel and Development (CIPD), have announced that the average FTSE100 CEO has now earned the […]