Institute of Economic Affairs

The Institute of Economic Affairs (IEA), founded in 1955, styles itself as the UK's pre-eminent free-market think-tank. Its mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems.

Read more about Institute Of Economic Affairs:  History, Funding, Publications, Events, Shadow Monetary Policy Committee, Personnel, IEA Fellows, Honorary Fellows

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    Whenever any form of government shall become destructive of these ends, it is the right of the people to alter or to abolish it, & to institute new government, laying it’s foundation on such principles & organising it’s powers in such form, as to them shall seem most likely to effect their safety & happiness.
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    When you overpay small people you frighten them. They know that their merits or activities entitle them to no such sums as they are receiving. As a result their boss soars out of economic into magic significance. He becomes a source of blessings rather than wages. Criticism is sacrilege, doubt is heresy.
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