Institute of Economic Affairs

The IEA is the UK’s original free-market think-tank, founded in 1955. Our 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. Given the current economic challenges facing Britain and the wider global environment, it is more vital than ever that we promote the intellectual case for a free economy, low taxes, freedom in education, health and welfare and lower levels of regulation.

The IEA also challenges people to think about the correct role of institutions, property rights and the rule of law in creating a society that fosters innovation, entrepreneurship and the efficient use of environmental resources.

The IEA is an educational charity (No CC 235 351) and independent research institute limited by guarantee. Ideas and policies produced by the Institute are freely available from our website for any individual or organisation to adopt, but we do not “sell” policy. The Institute is entirely independent of any political party or group, and is entirely funded by voluntary donations from individuals, companies and foundations who want to support its work, plus income from book sales and conferences. It does no contract work and accepts no money from government.

Established in 1955 by the late Sir Antony Fisher and Lord Harris, the IEA’s first Director General, and joined by Arthur Seldon as the first Editorial Advisor, the IEA has a long and proud history.

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Recent Reports

By Tim Worstall

This report by UK think tank the IEA presents a critique of paternalism. A ban on opening a new supermarket…

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By Christopher Snowdon

This report from UK think tank the IEA looks at the proposed ban on energy drinks. The government has proposed…

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By Dr Stephen Davies

This report from UK think tank the IEA examines the idea of a universal basic income. The idea of a…

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By Julian Jessop; Prof Len Shackleton

This report from the UK think tank IEA evaluates the case for renationalisation. Notwithstanding political support for renationalisation from several…

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By Matt Ridley

This report from the UK think tank IEA looks at how institutions can encourage rather than stifle innovation. Innovation is…

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By Mark Tovey

This report from the UK think tank IEA looks at UK foreign aid spending on lifestyle interventions targeting smoking, drinking,…

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By Professor Philip Booth

This report from the UK think tank IEA looks at transforming the BBC into a subscriber-owned mutual. Broadcasting policy should…

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By Shanker Singham; Radomir Tylecote

This report from the UK think tank IEA looks at creating a prosperous post-Brexit UK. The opportunity before the UK…

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Current Opportunities

General Internship (Q3)

The General Internship is a temporary and voluntary position, based within the Operations Team, that works on both research and operations work to support the running of the IEA. The internship is available for up to 3 months (those who can do the full three-month period will be preferred but flexible or shorter internship applicants… Read more »

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