The system of contracting out of state pensions – a form of pension privatisation – operated very successfully in the UK until recent years with cross-party support. This was very important in ensuring that the UK system of private pension provision was one of the most successful in the...

A look at how cutting non-means-tested benefits and reforming state pensions could save £16bn a yearIn Sharing the burden – How the older generation should suffer its share of the cuts the IEA looks at the savings that would be made if non-means-tested benefits to older people were cut and...

There are frequent calls for financial markets to be more actively regulated by state agencies, such as the Financial Conduct Authority or the Prudential Regulation Authority. They reflect neo-classical, market-failure approaches to economics, which suggest that the market does not maximise...

A market economy can nurture good human attributesIn the thirtieth IEA Discussion Paper, Philip Booth examines the moral limits to the market economy. Christians often express concerns about the way in which self interest in the market economy can become disordered or bent and thus manifest...

Modern welfare states undermine human flourishingIn the thirty-first IEA Discussion Paper, Professor Philip Booth explains how modern welfare states and high levels of public debt undermine human flourishing. His arguments are presented in the context of Catholic social teaching.Professor Booth...

A market economy can nurture good human attributesIn the thirtieth IEA Discussion Paper, Philip Booth examines the moral limits to the market economy. Christians often express concerns about the way in which self interest in the market economy can become disordered or bent and thus manifest...

Modern welfare states undermine human flourishingIn the thirty-first IEA Discussion Paper, Professor Philip Booth explains how modern welfare states and high levels of public debt undermine human flourishing. His arguments are presented in the context of Catholic social teaching.Professor Booth...