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George Osborne calls for smoking ban


Former Chancellor George Osborne said this week that the UK should phase out smoking for younger generations and expand the sugar tax

  • Osborne urged the government to copy New Zealand in increasing the smoking age each year until all future generations are prohibited from the practice.

  • “The nanny state lobby’s solution is to stop Britain being a free country, and that is why they must be resisted,” IEA Head of Lifestyle Economics Christopher Snowdon told CityAM.

Pressing Matters


IEA Academic and Research Director James Forder has written a briefing paper summarising two pieces of IEA research on payments from online platforms to publishers:

  • Technological development in recent decades has created serious challenges for the newspaper trade.

  • It has been claimed that some of the difficulty they face arises from exploiting market power by certain online platforms that allow users to post snippets of news from traditional publications without payment.

  • It has therefore been proposed that regulations be created which would have the effect of requiring such payment.

  • However, the best evidence contradicts the view that such market power exists. In fact, although the platforms certainly benefit from carrying the news snippets, the traditional publishers also benefit substantially and there is no good reason for additional payments to be made.

  • Mechanisms requiring such payments run a severe risk of disturbing the technological development and innovation process in the industry to the long-term harm of consumer interests.

  • In any case, abuses or market power, if they occur, should be dealt with by established competition law. The practice of designing custom-made regulations for particular sectors creates legal complexity and facilitates interest-specific lobbying.

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The Objective Standard Institute comes to the IEA

Objectivism: A Liberal Moral Philosophy?

The IEA was delighted to host Craig Biddle — co-founder and Executive Director of the Objective Standard Institute, co-founder and editor in chief of The Objective Standard and Executive Director of the Prometheus Foundation— to discuss objectivism. The event was attended by students and young professionals.

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