Economic Affairs

2003 - 2025

Current editor(s): Philip Booth

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Volume 26, month 12, 2006

EDITORIAL: RETHINKING ASSISTANCE FOR AFRICA pp. 2-4

Paul Collier

RAMPING UP AFRICAN GROWTH: LESSONS FROM FIVE DECADES OF GROWTH EXPERIENCE pp. 5-11

Benno J. Ndulu

AN INTERPRETATION OF THE SIGNIFICANCE OF THE SECOND BATTLE OF WATERLOO pp. 12-18

Gwyn Prins

INEQUALITY, ETHNICITY AND THE FIGHT AGAINST CORRUPTION IN AFRICA: A KENYAN PERSPECTIVE pp. 19-23

John Githongo

AFRICAN TRANSITIONS AND THE RESOURCE CURSE: AN ALTERNATIVE PERSPECTIVE pp. 24-33

Thomas C. Heller

THE 364 ECONOMISTS AND THE 1981 BUDGET: AN EXAMINATION OF THE EMPIRICAL EVIDENCE pp. 34-38

Tim Congdon

AFTER THE 1981 BUDGET: A REPLY TO TIM CONGDON pp. 39-42

Stephen Nickell

A REJOINDER TO STEPHEN NICKELL pp. 43-45

Tim Congdon

EMPLOYMENT PROTECTION LEGISLATION AND THE GROWTH OF THE SERVICE SECTOR IN THE EUROPEAN UNION pp. 46-52

Piotr Zientara

THE TROUBLE WITH FINAL SALARY PENSION SCHEMES pp. 53-60

Nick Silver

TAXING LAND VALUE IS JUST ANOTHER QUESTIONABLE TAX pp. 61-63

Oliver Marc Hartwich

RINKONOMICS: A WINDOW ON SPONTANEOUS ORDER pp. 64-67

Daniel Klein

AIRLINE TICKET TAXES: INNOVATION OR IDIOCY? pp. 68-71

Anna Hård af Segerstad

MORE PENSIONS MIS‐SELLING AHEAD: BY GOVERNMENT OF COURSE pp. 72-74

Terry Arthur

IN YOUR CAR NO ONE CAN HEAR YOU SCREAM! ARE TRAFFIC CONTROLS IN CITIES A NECESSARY EVIL? pp. 75-78

Martin Cassini

IN THE MEDIUM TO LONG RUN, WE ARE ALL PENSIONERS pp. 79-79

Tim Congdon

THE COLLAPSE OF THE DOHA ROUND: DOES THE WTO HAVE A FUTURE? pp. 80-80

Razeen Sally

FOR‐PROFIT ‘FAIREDUCATION’ COMPREHENSIVE SCHOOLING pp. 81-81

James Stanfield

CAN BILL GATES’ CHARITY DO LASTING GOOD? pp. 82-82

Roger Bate

VIVA PERSONAL DEBT pp. 83-83

John Meadowcroft

FLAT TAX: TOWARDS A BRITISH MODEL ‐ by Allister Heath pp. 84-85

Richard Teather

NOTHING LIKE A DAME: THE SCANDALS OF SHIRLEY PORTER ‐ by Andrew Hosken pp. 85-86

John Blundell

FLYING ON ONE ENGINE: THE BLOOMBERG BOOK OF MASTER MARKET ECONOMISTS ‐ Edited by Thomas R. Keene pp. 86-87

Matthew O’Keeffe

EUROPEAN DAWN: AFTER THE SOCIAL MODEL ‐ by Johnny Munkhammar pp. 87-87

Anna Hård af Segerstad

NEOCONSERVATISM: WHY WE NEED IT ‐ by Douglas Murray and ANTI‐TOTALITARIANISM: THE LEFT‐WING CASE FOR A NEOCONSERVATIVE FOREIGN POLICY ‐ by Oliver Kamm pp. 87-88

Lawrence Tal

A THRONE IN BRUSSELS: BRITAIN, THE SAXE‐COBURGS AND THE BELGIANISATION OF EUROPE ‐ by Paul Belien and EUROPE AS EMPIRE: THE NATURE OF THE ENLARGED EUROPEAN UNION ‐ by Jan Zielonka pp. 88-89

Pawel Lisiewicz

FAMILY POLICY, FAMILY CHANGES: SWEDEN, ITALY AND BRITAIN COMPARED ‐ by Patricia Morgan pp. 89-90

Lynette Swift

FREAKONOMICS: A ROGUE ECONOMIST EXPLORES THE HIDDEN SIDE OF EVERYTHING ‐ by Steven Levitt and Stephen Dubner pp. 92-92

Edward Smith

THE UNDERCOVER ECONOMIST ‐ by Tim Harford pp. 92-93

Johan Wennström

ECONOMICS UNCUT: A COMPLETE GUIDE TO LIFE, DEATH AND MISADVENTURE ‐ Edited by Simon W. Bowmaker pp. 93-94

Emma Winberg

THE WAGES OF WINS: TAKING MEASURE OF THE MANY MYTHS IN MODERN SPORT ‐ by David J. Berri, Martin B. Schmidt and Stacey L. Brook pp. 94-94

John Blundell

Volume 26, month 09, 2006

EDITORIAL: PHARMACEUTICALS AND GOVERNMENT POLICY pp. 2-3

Tony Hockley

A NEW ROLE FOR CONSUMERS’ PREFERENCES IN THE PROVISION OF HEALTHCARE pp. 4-9

Harry Telser and Peter Zweifel

THE LONG‐TERM ECONOMIC GAIN FROM NEW MODELS OF HEALTHCARE PROVISION: THE OPPORTUNITIES FOR PHARMACEUTICAL COMPANIES pp. 10-16

Nick Bosanquet

EQUITY OF ACCESS TO INNOVATIVE MEDICINES: MISSION IMPOSSIBLE? pp. 17-23

Jim Attridge

DIRECT‐TO‐CONSUMER ADVERTISING (DTCA) OF PHARMACEUTICALS: AN UPDATED REVIEW OF THE LITERATURE AND DEBATE SINCE 2003 pp. 24-32

Frank Auton

SIX ISSUES IN PHARMACEUTICALS pp. 33-38

Andrew Lilico

THE STATE GIVETH AND THE STATE TAKETH AWAY: SUPPORTING THE RESEARCH‐BASED PHARMACEUTICAL INDUSTRY IN EUROPE AND THE UK pp. 39-47

Mike Sedgley

SUBNATIONAL GOVERNMENT ORGANISATION AND PUBLIC DEBT CRISES pp. 48-54

Charles Blankart and Achim Klaiber

YES MINISTER: INVALUABLE MATERIAL FOR TEACHING THE PUBLIC CHOICE OF BUREAUCRACY pp. 55-61

John Considine

THE EUROPEAN UNION AND ECONOMIC DECLINE: WHY WE NEED ANOTHER LUDWIG ERHARD pp. 62-66

Gisela Stuart

AUDIT MARKET FAILURE pp. 67-69

Benedikt Koehler

THE GREAT CONTRACTION pp. 70-73

W. Spencer Kocher

GORDON BROWN COUNTS DEAD CHILDREN: THE TRUE IMPACT OF INHERITANCE TAX pp. 74-76

Cliff Pratten

ENERGY PRICES, INFLATION AND MONETARY POLICY pp. 77-77

Tim Congdon

SCEPTICS AND THE WASHINGTON CONSENSUS pp. 78-78

Razeen Sally

FREE TO CHOOSE: YES, PRIME MINISTER pp. 79-79

James Stanfield

SICK AT THE WORLD BANK pp. 80-80

Roger Bate

IN THE NHS, MORE CAN MEAN LESS pp. 81-81

John Meadowcroft

THE WHITE MAN'S BURDEN: WHY THE WEST'S EFFORTS TO AID THE REST HAVE DONE SO MUCH ILL AND SO LITTLE GOOD ‐ by William Easterly pp. 82-83

Peter Boettke

HAPPINESS QUANTIFIED: A SATISFACTION CALCULUS APPROACH ‐ by Bernard van Praag and Ada Ferrer‐I‐Carbonell pp. 83-84

Sebastiano Bavetta

PARADOXES OF POWER: REFLECTIONS ON THE THATCHER INTERLUDE ‐ by Alfred Sherman pp. 84-85

John Blundell

WHY I, TOO, AM NOT A CONSERVATIVE‐ by James M. Buchanan pp. 85-86

John Meadowcroft

MONEY FOR NOTHING (2nd edn.) ‐ by Roger Bootle pp. 85-85

Geoffrey Lea

POLITICS OF FEAR: BEYOND LEFT AND RIGHT ‐ by Frank Furedi pp. 86-87

Leslie Jones

FAIR TRADE FOR ALL: HOW TRADE CAN PROMOTE DEVELOPMENT ‐ by Joseph Stiglitz and Andrew Charlton pp. 87-88

Joshua P. Hill

Volume 26, month 06, 2006

EDITORIAL: BETTER REGULATION WITHOUT THE STATE pp. 2-8

Keith Boyfield

PYRRHIC VICTORY? THE UNINTENDED CONSEQUENCE OF THE PENSIONS ACT 2004 pp. 9-16

Alistair Byrne, Debbie Harrison, Bill Rhodes and David Blake

THE LIMITS OF REGULATORY REFORM IN THE EU pp. 17-21

Frank Vibert

FINANCIAL REGULATION, THE STATE AND THE MARKET: IS THE FINANCIAL SERVICES AUTHORITY AN UNNECESSARY EVIL? pp. 22-30

Terry Arthur and Philip Booth

ADVERTISING REGULATION AND CO‐REGULATION: THE CHALLENGE OF CHANGE pp. 31-36

Andrew Brown

REGULATION IN AN UNTRUSTING WORLD pp. 37-41

Stephen Sklaroff

EUROPE AND CHINA: THE FATAL CONCEIT pp. 42-49

Andrew Neil

EUROPE, CHINA AND THE FATAL CONCEIT: A COMMENT ON ANDREW NEIL pp. 50-52

Philip Booth

CHINA'S CONSTRUCTIVIST RATIONALISM: A COMMENT ON ANDREW NEIL pp. 53-54

Ross Walker

DEUS CARITAS EST: THE SOCIAL MESSAGE OF POPE BENEDICT XVI pp. 55-59

Samuel Gregg

DESTROYING A COUNTRY IN ORDER TO SAVE IT: THE FOLLY OF ECONOMIC SANCTIONS AGAINST MYANMAR pp. 60-63

Charles A. Rarick

CAN A NEW NUCLEAR PROGRAMME BE JUSTIFIED? pp. 64-70

Colin Robinson and Eileen Marshall

TAXI DEREGULATION AND TRANSACTION COSTS pp. 71-73

Christian Seibert

ARTHUR SELDON: GREAT EDITOR, THINKER AND RADICAL ECONOMIST pp. 74-77

Ralph Harris, Stuart Waterhouse, Martin Anderson and Geoffrey Howe

NEW LABOUR'S BLEAK PRODUCTIVITY LEGACY pp. 78-78

Tim Congdon

FOREIGN AID REVISITED pp. 79-79

Razeen Sally

THE NATIONAL UNION OF TEACHERS (NUT) ON EDUCATION pp. 80-80

James Stanfield

THE REAL COST OF AIDS IN SIERRA LEONE pp. 81-81

Roger Bate

WOULD BRITAIN HAVE DEVELOPED WITH AID? pp. 82-82

John Meadowcroft

A GIFT OF FREEDOM: HOW THE JOHN M. OLIN FOUNDATION CHANGED AMERICA by John J. Miller pp. 83-84

John Blundell

THE MORAL CONSEQUENCES OF ECONOMIC GROWTH by Benjamin M. Friedman pp. 83-83

Daniel M. Rothschild

WHERE HAVE ALL THE INTELLECTUALS GONE? CONFRONTING 21ST CENTURY PHILISTINISM by Frank Furedi pp. 84-85

Christie Davies

GOVERNING BY NETWORK: THE NEW SHAPE OF THE PUBLIC SECTOR by Stephen Goldsmith and William D. Eggers pp. 85-86

Keith Boyfield

SAVING OUR ENVIRONMENT FROM WASHINGTON: HOW CONGRESS GRABS POWER, SHIRKS RESPONSIBILITY, AND SHORTCHANGES THE PEOPLE by David Schoenbrod pp. 86-87

Yelena Shagall

THE CHURCH AND THE MARKET: A CATHOLIC DEFENSE OF THE FREE ECONOMY by Thomas E. Woods Jr. and COMPENDIUM OF THE SOCIAL DOCTRINE OF THE CHURCH by Pontifical Council for Justice and Peace pp. 87-88

Philip Booth

THE CREATION AND DESTRUCTION OF SOCIAL CAPITAL by Gunnar Lind Haase Svendsen and Gert Tinggaard Svendsen pp. 88-89

David Quartner

THE WORLD'S BANKER by Sebastian Mallaby pp. 89-90

Roger Bate

Volume 26, month 03, 2006

EDITORIAL: THE FUTURE OF LOCAL GOVERNMENT pp. 2-3

John Meadowcroft

PRINCIPLES AND THEORIES OF LOCAL GOVERNMENT pp. 4-10

Peter Watt

FACILITATING CHOICE IN ENGLISH LOCAL GOVERNMENT pp. 11-17

Stephen J. Bailey

MODERNISING LOCAL GOVERNMENT pp. 18-24

Nirmala Rao

THE FAILURE OF THE POLL TAX AND CLASSICAL LIBERAL POLITICAL ECONOMY: LESSONS FOR THE FUTURE pp. 25-30

John Meadowcroft

A LOCAL SALES TAX WILL SET THE TOWN HALLS FREE pp. 31-35

Douglas Carswell

THE PRIVATE FINANCE INITIATIVE IN LOCAL GOVERNMENT pp. 36-40

Rob Ball and David King

HAYEK, ‘THE INTELLECTUALS AND SOCIALISM’, AND WEIGHTED SCALE‐FREE NETWORKS pp. 41-47

Paul Ormerod

PROPERTY RIGHTS AND THE GENERAL THEORY OF EXCHANGE: FREQUENTLY NEGLECTED IMPLICATIONS OF THE DIVISION OF LABOUR AND THE LAW OF COMPARATIVE ADVANTAGE pp. 48-53

Manuel F. Ayau

PLANNING BY NEGOTIATION FOR SUSTAINABLE DEVELOPMENT: A TALE OF TWO HABITATS pp. 54-58

Lawrence W. C. Lai and Frank T. Lorne

PUBLIC CHOICE THEORY, PROTECTIONISM AND THE CASE OF NAFTA pp. 59-60

David Quartner

THE POLITICAL ECONOMY OF OVERLAPPING JURISDICTIONS AND THE FRENCH/DUTCH REJECTION OF THE EU CONSTITUTION pp. 61-64

Jean‐Luc Migué

FREE TRADE, ‘PAUPER LABOUR’ AND PROSPERITY: A REPLY TO PROFESSOR MISHAN pp. 65-67

John Meadowcroft

A REJOINDER TO JOHN MEADOWCROFT pp. 68-69

E. J. Mishan

ON AVERAGE, BRITONS OUT‐THINK THE PENSIONS COMMISSION pp. 70-70

Tim Congdon

TRADE NEGOTIATIONS OR TRADE POLICY? pp. 71-71

Razeen Sally

SELDON'S CHARGE pp. 72-72

James Stanfield

CAN ICELAND BE A BRIDGE OVER THE ATLANTIC? pp. 73-73

Roger Bate

THE RE‐NATIONALISATION OF BRITAIN pp. 74-74

John Meadowcroft

RICH IS BEAUTIFUL: A VERY PERSONAL DEFENCE OF MASS AFFLUENCE pp. 75-76

Geoffrey E. Wood

KIDNEY FOR SALE BY OWNER pp. 76-77

James S. Taylor

LIMITS TO PRIVATIZATION: HOW TO AVOID TOO MUCH OF A GOOD THING pp. 76-76

David Parker

WILLIAM PITT THE YOUNGER pp. 77-78

Edward Swift

FAITH IN FREEDOM: LIBERTARIAN PRINCIPLES AND PSYCHIATRIC PRACTICES pp. 78-79

Bob Layson

MARGARET THATCHER'S REVOLUTION: HOW IT HAPPENED AND WHAT IT MEANT pp. 79-80

John Blundell

ON THE ROAD TO DEMOCRACY: THE CZECH REPUBLIC FROM COMMUNISM TO FREE SOCIETY pp. 79-79

Jackie Newbury

CAN THE MARKET DELIVER? FUNDING PUBLIC SERVICE TELEVISION IN THE DIGITAL AGE pp. 80-81

Sir Alan Peacock

ALARMING DRUM: BRITAIN'S EUROPEAN DILEMMA pp. 81-82

Keith Boyfield