Category: Economics and Politics
State pension age review launched: could it rise to 70?
Ministers have launched a legally required review into the UK state pension age, examining whether it should rise automatically with life expectancy—an option that could push it towards 70 over time. The review, led by Dr Suzy Morrissey, is taking evidence until 24 October. It will weigh costs, fairness across generations and regions, and international models. A separate actuarial report will guide the final decision.
Why do libertarians hate the Federal Reserve?
As a libertarian, I believe the Federal Reserve is a major source of our frustration. We hate it primarily because it undermines the free market by controlling interest rates and manipulating the money supply. It also contributes to inflation, which erodes the value of our hard-earned money. Additionally, we view the Fed as an undemocratic institution that lacks transparency and accountability. Ultimately, we argue that the Federal Reserve's existence is antithetical to the principles of individual liberty and free-market capitalism that we hold dear.