This evening the right-wing think tank the Institute of Economic Affairs is hosting an event with UKIP leader Nigel Farage discussing how free market liberal, or “libertarian” Farage’s party is. Looking at UKIP’s manifesto shows that the party has a mixed record as far as being laissez-faire goes.

Liberal

  • The party wants to “sign new UK trade deals across the world”, which is consistent with the idea of free trade
  • Would introduce a voucher system for schools, elderly care and nurseries, which would encourage a free market in such services
  • Seeks to abolish national insurance and inheritance tax, which would inevitably reduce the size of the state
  • Proposes a flat rate of income tax at 31% over £11,500, which would significantly reduce the role of the state in redistribution

Not so liberal