institute of economic affairs

Fri, 2014-09-26 04:19Brendan Montague
Brendan Montague's picture

How Free Market Economics Was Smuggled into Britain - Alongside Factory Farming

The founder of the Institute of Economic Affairs argued free markets needed honesty. But his own financial success was based on smuggling - and the IEA was itself conceived with the help of a white lie.

Antony Fisher was determined to support Friedrich von Hayek's international campaign to transform the ideology of the age. But it took almost a decade, and a remarkable reversal of fortunes, for his ambitions to take form.

Fri, 2014-09-19 04:46Brendan Montague
Brendan Montague's picture

Quite a Chain of Consequences for a Chicken Farmer!

Antony Fisher founded the think tanks in Britain that first promoted climate denial. His dramatic life story is a vital morality tale for those concerned about climate change. Picture: Antony (right) and Basil at Eton.

Without Fisher, no IEA; without the IEA and its clones, no Thatcher and quite possibly no Reagan; without Reagan, no Star Wars; without Star Wars, no economic collapse of the Soviet Union. Quite a chain of consequences for a chicken farmer.”

So remarked Oliver Letwin MP in the Times in 1994. Two decades later and he might add, “no slander of climate science, and no sabotage of government action on global warming”.

Wed, 2014-09-10 05:19Brendan Montague
Brendan Montague's picture

From Neoliberalism to Climate Denial: “You must start with beliefs. Yes, always with beliefs."

Antony Fisher makes Margaret Thatcher beam

The first part of our epic history of climate denial opens with our hero's harrowing experience during the Battle of Britain and the war against totalitarianism

His parachute was engulfed in flames. Antony Fisher and his younger brother Basil were engaged in a fierce firefight over the rolling hills of Sussex on 15 August 1940 after a crack Nazi squadron launched a surprise bombardment of their airbase during a decisive day in the Battle of Britain.

“Things looked very stern, with the odds against us,” Anthony Eden, the Minister for War, wrote that very evening after having met with Prime Minister Winston Churchill in the War Office. “[T]his was to be one of the critical days of the war.”

Tue, 2014-09-02 06:47Brendan Montague
Brendan Montague's picture

Exposed: Lawson’s Climate Denial Donors’ Links to Tobacco and Oil Backed Think Tank

Nigel Lawson and Neil Record

Launch of new Global Warming Policy Forum mired by new revelations linking former chancellor to oil and tobacco-funded climate denial think tank

Lord Lawson faces increasing scepticism about the independence of his climate denial charity as the names of two of his anonymous donors with links to the tobacco and oil funded Institute of Economic Affairs are disclosed for the first time.

Mon, 2014-01-27 19:49Graham Readfearn
Graham Readfearn's picture

Mont Pelerin Society A Window Into Ideological Heart Of Kochtopus Climate Denial

It’s known as the Kochtopus – the extensive network of think tanks, institutes, university departments, political funding arms and “grassroots” activist groups funded by oil billionaires Charles and David Koch.

The multi-tentacled network has pumped tens of millions of dollars into groups that deny the risks of human-caused climate change.

But if it is Koch cash that helps fuel these groups, then what is it that fuels the Koch brothers themselves beyond the obvious financial interest?

As DeSmogBlog has revealed, Charles Koch is a long-standing member of the Mont Pelerin Society (MPS) – a global group of industrialists, academics and economists who share the “neoliberal” ideology of limiting government control.

If the Koch network has many groups dangling from its tentacles, then Charles Koch’s membership with the Mont Pelerin Society provides a window into the ideological heart of the Kochtopus.

DeSmogBlog today publishes the global membership directory of the Mont Pelerin Society as it was in 2010, with all personal contact details redacted.

Tue, 2014-01-14 22:27Graham Readfearn
Graham Readfearn's picture

Exclusive: Mont Pelerin Society Revealed As Home To Leading Pushers Of Climate Science Denial

THERE’S a popular talking point coming from climate change denialists that all people who accept the science and the need to act on it are somehow blinded by faith.

In Australia, climate science contrarian columnists can barely touch their keyboards without typing out the words “global warming faith” or explaining how human-caused global warming is some sort of “new religion”.

This “climate religion” narrative often goes hand-in-hand with another favourite denialist talking point where climate scientists are only doing what they do because there’s a dollar in it.

Presumably the laws of physics, the melting ice sheets, the increasing risk of bushfires, the hottest decades on record and the acidifying oceans are also waiting for their cash.

Maurice Newman, the man hand-picked by Australian Prime Minister Tony Abbott to be the government’s top business advisor, loves both of these debating points.

Newman has described climate scientists as being a “global warming priesthood” and belonging to a new “religion”. In a second opinion column in two weeks in The Australian, Newman repeats his cynicism over the IPCC and climate scientists, describing them as a “cartel” that “will deny all contrary evidence”.  Newman even repeats the myth that in the 1970s scientists were certain the world was heading for global cooling, when in fact, as this study shows, a healthy majority of scientific papers were predicting the opposite. 

Yet Newman has a deep belief system of his own, having long been associated with a form of “classic liberalism” – a particular world view which advocates small government and low regulation of the activities of businesses.

Not only that, but he is a member of a global society of influential business people, academics and think tank associates known as the Mont Pelerin Society who share the same broad ideology.

The Mont Pelerin Society

The Mont Pelerin Society was established in 1947 by free market economist and philosopher Friedrich von Hayek.

Maurice Newman, a Mont Pelerin member since 1976, has long been an admirer of the work of Hayek and fellow free market economist Milton Friedman, a past president of the Mont Pelerin Society.

Newman was responsible for bringing Friedman to Australia in the mid-1970s, at a time when Newman was helping to set up the Centre for Independent Studies – a Sydney-based free market think tank.

Mont Pelerin’s website explains that while all members don’t agree on everything, “they see danger in the expansion of government, not least in state welfare, in the power of trade unions and business monopoly, and in the continuing threat and reality of inflation.”

The Society, which holds a meeting annually in different parts of the world, also explains how its members see their society “as an effort to interpret in modern terms the fundamental principles of economic society as expressed by those classical economists, political scientists, and philosophers who have inspired many in Europe, America and throughout the Western World.”

To become a member, individuals have to be nominated by a current member and then seek endorsement by the membership committee before being endorsed. 

DeSmogBlog has obtained a full list of the society’s members that includes senior representatives of many of the world’s foremost “free market” think tanks actively pushing back on proposed policy solutions to tackle climate change.

The list, from 2010, includes almost 500 people from 52 countries, with the bulk of members coming from the United States and the United Kingdom. The 70-page list includes private contact details. DeSmogBlog has decided to publish only extracts with contact details redacted.

Among the notable members is Charles Koch (list excerpt here), the US oil billionaire who has been a Mont Pelerin Society member since 1970.

Subscribe to institute of economic affairs