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This volume is the latest in an annual series, published in
association with the Institute of Economic Affairs and the London
Business School, which provides an up-to-date review of the state
of utility regulation in Britain, with some relevant overseas
comparisons. The book, edited and with an introduction by Colin
Robinson, covers many of the major issues and significant
developments in the field of regulation and competition policy. In
each case, essays by expert contributors are followed by the views
of the sector regulator. This volume will prove invaluable to
practitioners, policymakers and lawyers involved in monopoly
regulation, regulatory reform and deregulation.
Here is an opportunity to discover some of the best new,
unpublished poets from the Caribbean. With a generous sample from
each poet, there are new writers from Jamaica, Trinidad, St Lucia,
St Vincent and Guyana.Meet Danielle Boodoo-Fortune and her richly
gothic take on love and its complications; Danielle Jennings'
exuberant narratives of family history and the struggles for
respect between men and women; Ruel Johnson's often witty attempts
to confront the insanity of contemporary Guyana's race wars and
political corruption through the formal coolness of poetry; Monica
Minott's frank celebrations of women's sexuality and her attempt to
re-enter the world of spirit possession and trance; Debra
Providence's spare womanist reflections that pack a more
devastating punch by saying more with less; Shivanee Ramlochan's
confidently experimental poems that explore the threatening
uncertainties of the present through the imagery of speculative
fictions set in some post-disaster world; Colin Robinson's
polyphonic, modernist reflections on the queer Caribbean and its
joys and sorrows; and Sassy Ross's tightly structured explorations
of memory between the here and there of St Lucia and New York. Here
is a generation that has absorbed Walcott, Brathwaite, Carter and
Lorna Goodison, but has found its own distinctive voices, themes
and formal models.Each of the contributors is well on the way to
having their own first collections.Coming Up Hot is the second
publication of Peekash Press, a joint imprint of Akashic Books and
Peepal Tree Press committed to supporting the emergence of new
Caribbean writing, as part of CaribLit project.
Governments, Competition and Utility Regulation continues the
series of annual books, published in association with the Institute
of Economic Affairs and the London Business School, which
critically reviews the state of utility regulation and competition
policy. The book contains incisive chapters on competition policy
and trade, antitrust and consumer welfare, merger control and
efficiency, emissions trading, Ofcom and convergence, energy
regulation and competition, regulating the London Underground, the
future of water regulation and European merger control. Chapters on
each topic are followed by comments from regulators, competition
authority chairmen and other experts in the relevant fields. The
book provides analysis of and commentaries on the most significant
developments in regulation and competition policy, drawing on
experiences in Britain, the United States and the European Union,
as well as in international trade negotiations. It will be of value
to practitioners, policymakers and academics who are concerned with
regulation, deregulation and policies to promote competition.
Regulating Utilities and Promoting Competition continues the series
of annual books, published in association with the Institute of
Economic Affairs and the London Business School, which critically
review the state of utility regulation and competition policy. With
contributions by some of the leading figures in the field, this
important new book presents incisive chapters on a number of
prominent topics. These include, amongst others, the future of the
railways, the international trade in gas, the economics and
politics of wind power and the role of economics in merger reviews.
A key feature of the book is the careful examination of fundamental
issues, not only from the viewpoint of academic and other
independent commentators, but also by the regulators and heads of
competition authorities themselves. By addressing significant
developments both in Britain and abroad, the authors draw important
lessons about the policy changes needed as well as their subsequent
implementation. This book will be of great value to practitioners,
policymakers and academics alike who are concerned with regulation,
deregulation and policies to promote competition.
Includes six works in which Arthur Seldon discusses the way ideas
influence policy. He explains how he worked to bring about a
revival of classical liberal ideas, in particular through the
London-based Institute of Economic Affairs, which had remarkable
success and on which many other think tanks around the world have
been modelled.
This book examines links between post-conflict security, peace and
development in Africa, Latin America, Europe and New Zealand. Young
peace researchers from the Global South (Uganda, Ivory Coast,
Kenya, Brazil, Colombia) as well as from Italy and New Zealand
address in case studies traumas in Northern Uganda, demobilisation
and reintegration of ex-combatants in the Ivory Coast, economic and
financial management of terrorism in Kenya, organised crime in
Brazil, mental health issues in Colombia, macro realism in Europe
and global defence reforms within the military apparatus since
1990. The book reviews linkages between regional stability,
development and peace in post-conflict societies while adding on to
the post 2015 international agenda and discusses linkages between
peace, security and development.
Volume 6 of "The Collected Works of Arthur Seldon" examines the
failure of state-supported welfare programs to benefit the people
most in need of help. The eight articles and one book in this
volume encompass almost forty years of criticism of the welfare
state. Seldon argues that the welfare state cannot, in the long
run, solve the problem of poverty. It is driven by misguided
egalitarian views which make it universalist, providing benefits
for the middle classes as well as the poor. Because it finances
welfare through taxation, it damages incentives to work. Moreover
it diminishes motivations to save and to provide for ones family as
the state appears to take over such responsibilities. Once free
welfare services are begun they are very difficult to stop. But,
says Seldon, permanent state welfare is unnecessary: as peoples
incomes rise, most are capable of providing for themselves and
their families. In the end, people will revolt against inferior
state services and the state will have to retreat.
This book is the latest annual review of utility regulation and
deregulation, published in association with the Institute of
Economic Affairs and the London Business School. It contains a
series of chapters from leading practitioners in the field which
comment on the most significant and up-to-date developments. Topics
include US telecoms deregulation, road network regulation, UK
competition policy, Ofcom and light touch regulation, railway
regulation, the liberalisation of European utility markets, postal
regulation, investment and regulation, and energy regulation in the
UK. Two papers are presented on each issue: the first by a
distinguished academic or industry expert and the second, a shorter
comment, usually by the relevant regulator. Together they show how
regulation and deregulation are evolving, and highlight the
successes which have been achieved and the failures which must be
overcome. This book will be of considerable value to practitioners,
policymakers and academics involved in regulatory reform and
regulatory economics. It will also be of interest to anyone wishing
to gain an overview of international regulatory policies.
"Introducing Market Forces into "Public" Services" is the fourth
volume in Liberty Fund's "The Collected Works of Arthur Seldon." It
brings together six of Seldon's most pivotal essays that discuss
his alternative proposals for paying for "public" services rather
than through coercive taxation. Specifically, Seldon focuses on the
varied use of vouchers and the choices people have regarding
purchasing or receiving such public services as health care and
education. The recurring theme, as noted in Colin Robinson's
introduction, is that "non-market provision, financed by taxpayers,
leads to a fatal disconnection between suppliers and
consumers."Throughout this book, Seldon examines the options and
obligations of the government as the "middle-man." Seldon creates a
compelling case that through a return to market principles,
"efficiency in the provision of these services will improve, and,
above all, people will regain the incentive to provide for
themselves instead of relying on the state." This volume is an
invaluable resource for those embroiled in the public debate over
such issues as education vouchers, managed health care, and
overwhelming taxation.The entire series includes: Volume 1 "The
Virtues of Capitalism" (September 2004)
Volume 2 "The State Is Rolling Back" (November 2004)
Volume 3 "Everyman's Dictionary of Economics" (January 2005)
Volume 4 "Introducing Market Forces into "Public" Services"
(February 2005)
Volume 5 "Government Failure and Over-Government" (May 2005)
Volume 6 "The Welfare State: Pensions, Health, and Education"
(October 2005)
Volume 7 "The IEA, the LSE, and the Influence of Ideas" (December
2005)
In the fifth volume of The Collected Works of Arthur Seldon, Arthur
Seldon uses public choice economics research to support his theory
of over-government. The term "over-government" was coined by Seldon
and is defined as the failure of governments to govern well,
leading the public to avoid government programs in favour of
markets. Seldon explains how the results of government programs are
always at odds with what the people would have chosen for
themselves, because governments seek to impose taxes and
legislature based on their own agendas. This increasing control and
restraint by the government will continue to force people to
abandon those ineffective programs for more open markets and other
countries that support them. Seldon argues that government
bureaucrats rely too heavily on unions, labour groups, and
lobbyists and act in their own interest instead of opening those
options up to the people they serve. Seldon purports that any
government that continues to force its own views and desires on the
unwilling public will lead to its own demise as the public searches
elsewhere for a more representative democracy.
This is the second volume of Liberty Funds "The Collected Works of
Arthur Seldon". It brings together a comprehensive collection of
fifty-four articles reflecting Arthur Seldons scholarly
development. By the late twentieth century, Arthur Seldon was one
of the most powerful exponents of classical liberalism, helping to
stimulate its revival, through both his own writings and the
publications of the London-based Institute of Economic Affairs, of
which he was Editorial Director for more than 30 years. First
published in 1994, this book collects virtually all of Seldons
major ideas and his proposals for reform. In its totality, "The
State Is Rolling Back" demonstrates Seldons long-standing advocacy
and commitment to free-market reforms and includes his earliest,
barbed criticisms of the 'welfare state'.
"Everyman's Dictionary of Economics, " the third volume of "The
Collected Works of Arthur Seldon, " translates the often obscure
jargon and technical terminology of economics into direct, plain
English understandable by both the academic and the layperson. The
most abstruse topic becomes clear as he conveys the sense in
ordinary language, without loss of meaning through
oversimplification."Everyman's Dictionary of Economics" covers a
wide range of economic thought and includes every relevant term
that the average person might encounter in a written or other
treatment of the subject. In addition to conveying a sense of how
economic thought has evolved over the centuries, the "Dictionary"
stimulates and challenges readers in its questioning of
conventional wisdom about government intervention and manipulation
of economies. It too has "stood the test of time"; nearly thirty
years after the second edition and forty years after the first,
this book still engages readers--economists and nonprofessionals
alike."Everyman's Dictionary of Economics, " Volume 3 of "The
Collected Works of Arthur Seldon, " is an indispensable reference
for laypeople and for academics.The entire series includes: Volume
1 "The Virtues of Capitalism" (September 2004)
Volume 2 "The State Is Rolling Back" (November 2004)
Volume 3 "Everyman's Dictionary of Economics" (January 2005)
Volume 4 "Introducing Market Forces into "Public" Services"
(February 2005)
Volume 5 "Government Failure and Over-Government" (May 2005)
Volume 6 "The Welfare State: Pensions, Health, and Education"
(October 2005)
Volume 7 "The IEA, the LSE, and the Influence of Ideas" (December
2005)
Includes six works in which Arthur Seldon discusses the way ideas
influence policy. He explains how he worked to bring about a
revival of classical liberal ideas, in particular through the
London-based Institute of Economic Affairs, which had remarkable
success and on which many other think tanks around the world have
been modelled.
Arthur Seldon was born in 1916 and has been writing on classical
liberal economics since the 1930s, when he was a student at the
London School of Economics during Friedrich Hayeks time there. For
over thirty years he was Editorial Director of the London-based
Institute of Economic Affairs, where his publishing program was one
of the principal influences on governments all around the world,
persuading them to liberalise their economies. "The Virtues of
Capitalism", the inaugural volume in Liberty Funds Collected Works
of Arthur Seldon, presents the foundation of Seldons views and
theories of capitalism and its alternatives. Entitled "Corrigible
Capitalism; Incorrigible Socialism", part one of "The Virtues of
Capitalism" was first published in 1980. It explains why, Seldon
believes, 'private enterprise is imperfect but redeemable', but the
state economy promises the earth, and ends in coercion to conceal
its incurable failure. The second part, 'Capitalism', is widely
considered to be Seldons finest work. It covers a wide range of the
classical liberal thought that inspired the movement toward
free-market reforms in Great Britain in opposition to the
collectivist tide of socialism. In an understandable and eloquent
manner, Seldon offers 'Capitalism' as a celebration rather than a
defence of classical liberalism.
""Capitalism . . . is the instrument which people in all societies
and stages of development instinctively use to escape from want and
enrich one another by exchange." "
-Arthur Seldon, from "The Virtues of Capitalism"" The Virtues of
Capitalism," the first volume in Liberty Fund's "The Collected
Works of Arthur Seldon," lays the foundation of his views and
theories of capitalism and its alternatives. The first part,
"Corrigible Capitalism; Incorrigible Socialism," was first
published in 1980. It explains why, Seldon believes, "private
enterprise is imperfect but redeemable," but the "state economy
promises the earth, and ends in coercion to conceal its incurable
failure."The second part, "Capitalism," is widely considered to be
Seldon's finest work. Originally published in 1990 by Basil
Blackwell of Oxford, it is the winner of the 1991 Antony Fisher
Award from the Atlas Economic Research Foundation. This book covers
a wide range of the classical liberal thought that inspired the
movement toward free-market reforms in Great Britain and
intellectually opposed the collectivist tide of socialism. In an
understandable and eloquent manner, Seldon offers" Capitalism" as a
celebration rather than a defense of classical liberalism. Through
his analytical commentaries, Seldon chronicles the economic and
social history of the western world throughout the 20th century,
noting the intoxicating yet detrimental effects of collectivism.
Along the way, he builds a powerfully compelling case why
government should economically confine itself to the delivery of
essential public goods. Throughout the book, he proposes
free-market alternatives to socialist models of government, many of
which still plague the economies of the world.The entire series
includes: Volume 1 "The Virtues of Capitalism" (September 2004)
Volume 2 "The State Is Rolling Back" (November 2004)
Volume 3 "Everyman's Dictionary of Economics" (January 2005)
Volume 4 "Introducing Market Forces into "Public" Services"
(February 2005)
Volume 5 "Government Failure and Over-Government" (May 2005)
Volume 6 "The Welfare State: Pensions, Health, and Education"
(October 2005)
Volume 7 "The IEA, the LSE, and the Influence of Ideas" (December
2005)
This is the third volume of The Collected Works of Arthur Seldon',
which translates the often obscure jargon and technical terminology
of economics into direct, plain English understandable by both the
academic and the layperson. The most abstruse topic becomes clear
as he conveys the sense in ordinary language, without loss of
meaning through oversimplification. The volume covers a wide range
of economic thought and includes every relevant term that the
average person might encounter in a written or other treatment of
the subject. In addition to conveying a sense of how economic
thought has evolved over the centuries, the Dictionary stimulates
and challenges readers in its questioning of conventional wisdom
about government intervention and manipulation of economies. It too
has "stood the test of time"; nearly thirty years after the second
edition and forty years after the first, this book still engages
readers -- economists and nonprofessionals alike. An indispensable
reference for laypeople and for academics. ABOUT THE AUTHOR: Colin
Robinson was a business economist for 11 years. He was then
appointed to the Chair of Economics at the University of Surrey in
Guildford where he founded the Department of Economics and is now
Emeritus Professor. For many years he has been associated with the
London-based Institute of Economic Affairs, and from 1992 to 2002
he was the IEAs Editorial Director.
Arthur Seldon uses public choice economics research to support his
theory of over-government. The term "over-government" was coined by
Seldon and is defined as the failure of governments to govern well,
leading the public to avoid government programs in favour of
markets. Seldon explains how the results of government programs are
always at odds with what the people would have chosen for
themselves, because governments seek to impose taxes and
legislature based on their own agendas. This increasing control and
restraint by the government will continue to force people to
abandon those ineffective programs for more open markets and other
countries that support them. Seldon argues that government
bureaucrats rely too heavily on unions, labour groups, and
lobbyists and act in their own interest instead of opening those
options up to the people they serve. Seldon purports that any
government that continues to force its own views and desires on the
unwilling public will lead to its own demise as the public searches
elsewhere for a more representative democracy.
Volume 6 of "The Collected Works of Arthur Seldon" examines the
failure of state-supported welfare programs to benefit the people
most in need of help. The eight articles and one book in this
volume encompass almost forty years of criticism of the welfare
state. Seldon argues that the welfare state cannot, in the long
run, solve the problem of poverty. It is driven by misguided
egalitarian views which make it universalist, providing benefits
for the middle classes as well as the poor. Because it finances
welfare through taxation, it damages incentives to work. Moreover
it diminishes motivations to save and to provide for ones family as
the state appears to take over such responsibilities. Once free
welfare services are begun they are very difficult to stop. But,
says Seldon, permanent state welfare is unnecessary: as peoples
incomes rise, most are capable of providing for themselves and
their families. In the end, people will revolt against inferior
state services and the state will have to retreat.
"Introducing Market Forces into "Public" Services" is the fourth
volume in Liberty Fund's "The Collected Works of Arthur Seldon." It
brings together six of Seldon's most pivotal essays that discuss
his alternative proposals for paying for "public" services rather
than through coercive taxation. Specifically, Seldon focuses on the
varied use of vouchers and the choices people have regarding
purchasing or receiving such public services as health care and
education. The recurring theme, as noted in Colin Robinson's
introduction, is that "non-market provision, financed by taxpayers,
leads to a fatal disconnection between suppliers and
consumers."Throughout this book, Seldon examines the options and
obligations of the government as the "middle-man." Seldon creates a
compelling case that through a return to market principles,
"efficiency in the provision of these services will improve, and,
above all, people will regain the incentive to provide for
themselves instead of relying on the state." This volume is an
invaluable resource for those embroiled in the public debate over
such issues as education vouchers, managed health care, and
overwhelming taxation.The entire series includes: Volume 1 "The
Virtues of Capitalism" (September 2004)
Volume 2 "The State Is Rolling Back" (November 2004)
Volume 3 "Everyman's Dictionary of Economics" (January 2005)
Volume 4 "Introducing Market Forces into "Public" Services"
(February 2005)
Volume 5 "Government Failure and Over-Government" (May 2005)
Volume 6 "The Welfare State: Pensions, Health, and Education"
(October 2005)
Volume 7 "The IEA, the LSE, and the Influence of Ideas" (December
2005)
In this book, the latest volume in the annual series published in
association with the London Business School and the Institute of
Economic Affairs, some of the main issues in UK and EU utility
regulation and competition policy are discussed. Topics examined
include the new electricity and gas trading markets, regulating the
railways, introducing competition into water, telecoms and Ofcom,
opening EU gas and electricity markets, the 1998 Competition Act,
EU merger policy and a general review of privatisation and
regulation in Britain. Essays by expert commentators are followed
in each case by comments from the relevant regulator. Contents:
Introduction - Colin Robinson 1. The New Electricity Trading
Arrangements in England and Wales: A Review - David Currie,
Chairman's Comments - Callum McCarthy 2. A Critique of Rail
Regulation - Dieter Helm, Chairman's Comments - Tom Winsor 3.
Moving to a Competitive Market in Water - Colin Robinson,
Chairman's Comments - Sir Ian Byatt 4. The New Gas Trading
Arrangements - George Yarrow, Chairman's Comments - Eileen Marshall
5. A Review of Privatisation and Regulation Experience in Britain -
Irwin M. Stelzer, Chairman's Comments - Stephen Littlechild 6.
Converging Communications: Implications for Regulation - Mark
Armstrong, Chairman's Comments - David Edmonds 7. Opening European
Electricity and Gas Markets - Graham Shuttleworth, Chairman's
Comments - Clare Spottiswoode 8. Concurrency or Convergence?
Competition and Regulation Under the Competition Act 1998 - Tom
Sharpe QC, Chairman's Comments - Geoffrey Horton 9. Ten Years of
European Merger Control - Paul Seabright, Chairman's Comments -
Derek Morris
This is the first biography of a major architect of Thatcher's
economic revolution. Arthur Seldon was one of the most influential
economists of the late twentieth century. His ideas were key to the
changes in economic policies under Margaret Thatcher's government
and which spread to many other countries. Seldon was for thirty
years the editorial director of the Institute of Economic Affairs,
where he directed a publishing programme which included some of the
world's most eminent economists, such as Milton Friedman and
Friedrich Hayek, advocating, among other things, less government
intervention, control of inflation by monetary means, and reduced
power for trades unions. Seldon was also a prolific author, and his
"Collected Works" occupy seven volumes. This new biography
concentrates on Seldon's intellectual contribution and traces the
roots of his work from his childhood in the Jewish East End of
London, where self-help and voluntary aid for the disadvantaged
were the norm, through his time at the London School of Economics,
where he was influenced by some of the leading economists of the
1930s, to his time at the IEA, where he worked in partnership with
Ralph Harris.
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