The IEA’s new handbook “How to Have an Economic Affair” starts with a choice of illicit partner:
“Try not to be attracted to a partner who lives in another city,” the guide advises. With HS2 set to cost £35 billion pounds, a London/Birmingham hanky panky may cut your journey time but it won’t be cost effective, which is why the IEA officially opposes it.
"Time was when all the cost of a sexual indiscretion could be signed off on expenses. Hotels, meals and fares could all be part of the package” says Jeanine Gibbs, Human Resources Research Fellow at the Institute of Economic Affairs. “Now, in an age of austerity, it’s not just a case of tightening your belt, it’s a case of not wearing a belt at all, in the interests of speed and efficiency.”