Markets are amoral. If a severely disabled person cannot produce more than the minimum wage’s worth of work, no employer will be able to profitably employ them. Some generous ones might do so at a loss, but we cannot assume that there will be enough of them. Many severely disabled people who would like to
Better capital makes us richer. That’s uncontroversial when it comes to fixed capital like machine tools and computers, but it’s also true of human capital. Better educated workers create more productive jobs, increasing the total amount of wealth in an economy. In a new Adam Smith Institute report released today, Incentive to Invest: How education
Reading the papers today, you could be forgiven for thinking that MigrationWatch’s new report was a smoking gun against immigration. Here we have a study that links immigration to unemployment, in the face of nearly all previous research that has found no such link. However, looking at the MigrationWatch piece itself, it quickly becomes clear
The promise of Michael Gove’s Free Schools programme — as distinct from his Academies programme — is slow to materialise. What seemed like the government’s most radical and important reform has stalled as expected take-up has fallen far short of expectations. 350,000 new school places are required to meet increasing demand by 2015 — to
The Comprehensive Spending Review was a step in the right direction, but I agree with Philip Booth and others when they say that there should be far more cuts down the line. But the biggest mistake was the announcement that the Department for International Development’s (DfID) budget will be increased by 37 percent by 2015.
