Most people realize ‘think tank engages in fundraising’ is not a credible story. Nonetheless, here’s a (long) #thread on their attempt to avoid engaging in the battle of ideas.
The IEA’s turnover is roughly £2m per year. There are 32 people on our staff page. Divide that up, and that’s £62.5k each per year, to allegedly shill out for ‘big X’, to say things we don’t believe.
We’d have to be out of our minds to sell our principles for £62.5k a year. We could make more if we successfully ran for Parliament promoting these socialist ideas we're supposedly repressing, than we could at our think tank!
We are convinced by the evidence: that while socialism has failed every time it has been tried, capitalism has lifted over one billion out of poverty in a quarter of a century alone.
@MarkJLittlewood has shown such leadership today, confronting the accusations head-on, and highlighting some seriously questionable reporting...
I’m with the Laureates in thinking their policies are deeply misguided.
And yet, that’s where the money goes, apparently.