Since the 1990s, Sweden has had a thriving welfare sector in which private firms, through vouchers or public contracts, carry out the provision of many welfare services. This has worked out well overall, as the for-profit schools, care for the elderly and health services are popular with the general public. Additionally, the public sector can […]
Ever since the times of Karl Marx, left-wing economists have focused on capital – who owns it, and how can they use it to exploit the working class to make a buck. Thankfully, Marxist predictions of the proletariat rising up in revolution and seizing ownership of the means of production have rather spectacularly failed to […]
It can be hard to remember that even in wealthy countries, food has not always been abundant, and in many parts of the world hunger remains a problem. Fortunately, we are making great headway towards solving it. Here are five charts summarizing the incredible progress that humanity has made against hunger. 1. According to data […]
Renationalising the railways? That is the new Labour leader’s “new politics”. Jeremy Corbyn advocates a reheated Andy Burnham policy of taking each line into public ownership as the franchises expire. A policy of returning to the glorious past of British Rail. Oh but it is popular, they say. So are One Direction. It doesn’t make […]
The explosion of “money-printing” since the financial crisis is a dangerous delusion which has stored up trouble for the future, says Liam Halligan, writing for CapX. A Western central banker is ordering a pizza over the telephone. “Should I cut your pizza cut into six slices or eight slices, sir?” asks the youthful restaurant staffer. […]
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