I’ve had a soft spot for the IEA (Institute of Economic Affairs) – a London-based think tank – for many years. It was Margaret Thatcher’s favourite think-tank, which is a fine start, and in 2012 the IEA kindly hosted my presentation on the impact of artificially increasing female representation on boards – whether through legislated quotas, or the threat of them, as in the UK – which leads (on average) to corporate financial decline. Anyone doubting the assertion might like to read our short briefing paper on the matter.
The IEA has just published a piece by Mark Littlewood, Director General, on smoking. Enjoy. The next time you see someone smoking, thank them for subsidising your healthcare. If that doesn’t make them splutter and cough, nothing will.