Ownership Archives - CapX

[...] everything. It’s just easier that way, he implied. Fraser did envisage some limited role for private property, but not much of one. Private property should only be allowed if it serves some greater [...]

[...] these populations in specific subsidized, for-rent public housing. Facilitating access to private property would have been a more successful road towards transforming immigrants into stockholders of [...]

[...] as “we” will. And it is no coincidence that in societies where this denial of private property was normal, it is at the same time normal to find that folk are told what job they [...]

[...] meeting in Cheshire the other day, Britain’s Prime Minister David Cameron was asked about interest rates by a woman who was anxious about her mortgage. “It would be lovely to say can we have low [...]

[...] With central banks around the world lowering interest rates, the corresponding property bubbles are squeezing incomes further, with cities such as Dublin [...]

[...] incomes were still 6.2 per cent below their pre-crisis peak at the end of 2013/14. If the financial crisis had never occurred, households might have expected to have real incomes 20 per cent higher [...]

[...] * UK housing has seen a strong rebound after the financial crisis. * According to the Office for National Statistics, the price of housing in the UK has risen [...]

[...] whether this was “it”, meaning the moment that they have been waiting for since the financial crisis. Would disaffected youth now rise up and overthrow the market system and existing [...]

[...] , tastes, and higher incomes of their grandparents. Murray argues that there is little that public policy can now do to reverse these trends, and that the only way to restore the famed “American way [...]

[...] . This is basic externality theory and regulation of pollution is a central function of public policy. 8. Equality in the democratic sphere: Capitalism – as wonderful as it is – cannot provide [...]

[...] modest incomes through substantial reductions in living costs. Ryan Bourne is Head of Public Policy at the Institute of Economic Affairs. He is a co-author of ‘Smoking out red herrings: [...]

[...] every politician in the Western world now insists that cheap money should be a key goal of public policy. Low interest rates are seen as inherently virtuous, like low unemployment or low taxes or low [...]

[...] “House buyers are delusional, the housing market is broken and a housing boom is the economic equivalent of a tapeworm infection”, argues Tim [...]

[...] welcomed as a symptom of recovery. But in recent months concerns about excess in the housing market have mounted. Last month, Mark Carney, the Governor of the Bank of England, remarked that “ [...]

[...] Ryan Bourne at the IEA outlines how government interventions currently raise living costs by as much as £7, [...]

[...] on us far less effectively than we would on ourselves, but that is missing the point, writes Ryan Bourne of the Institute for Economic Affairs. Nor is it true that Christmas is a realm exempt from [...]

[...] significant gains to those on modest incomes through substantial reductions in living costs. Ryan Bourne is Head of Public Policy at the Institute of Economic Affairs. He is a co-author of ‘Smoking [...]