Adam Smith Institute
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The Adam Smith Institute is one of the world's leading think tanks, recognised as the best domestic and international economic policy think-tank in the UK and ranked 1st in the world among Independent Think Tanks by the University of Pennsylvania.
Independent, non-profit and non-partisan, we work to promote free market, neoliberal ideas through research, publishing, media outreach, and education. The Institute is today at the forefront of making the case for free markets and a free society in the United Kingdom.
The Institute was founded in the 1970s, as post-war socialism reached its high-watermark. Then, as now, its purpose was to educate the public about free markets and economic policy, and to inject sound ideas into the public debate.
It has always been a practical think tank rather than an academic organization, and despite its strict political independence, it has endeavored to work with policymakers to deliver real change, and to make free market ideas reality. In its early days, the Institute was known for its pioneering work on privatization, deregulation, and tax reform, and for its advocacy of internal markets in healthcare and education. Today, it is known as one of Britain's leading think tanks, and for its emphasis on using free markets to end poverty. Source
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| Language | English |
| Country | United Kingdom |
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Recent Articles
Search ArticlesLet’s Privatise Digital ID — Adam Smith Institute
Viggo Terling In this article, I explain why Keir Starmer’s proposed Digital ID scheme is misguided, and why even its fiercest critics should not reject the concept of Digital ID itself.
Adam Smith Institute Official Ties — Adam Smith Institute
Who wants to be the most stylish libertarian chap in the world? You? Your dad/brother/son/uncle/friend/coworker/etc.? Well, now you can - with a little help from the Adam Smith Institute's gorgeous tie collection. Available in two fabulous designs, each one more covetable than the last. 100% silk and handmade. Who wants to be the most stylish libertarian chap in the world? You? Your dad/brother/son/uncle/friend/coworker/etc.?
Margaret Thatcher’s 100th Birthday — Adam Smith Institute Original
On October 13, Margaret Thatcher, one of the most important politicians and reformers of the 20th century, would have turned 100 years old. To mark the occasion, German historian Rainer Zitelmann asked economists and scholars from the USA, Europe and China to write about Thatcher's historical significance. More about Thatcher can be found in his book The Power of Capitalism.
Markets of the Future: if the UK and US want to lead, they must build — Adam Smith Institute Original
Sometimes a taskforce is theatre: good lighting, careful lines, a programme note promising transformation. Sometimes, if the cast is right and the staging is ruthless, it becomes machinery. The UK–US Transatlantic Taskforce for Markets of the Future will be one or the other. It was announced on 22 September with the right noises about smoothing cross-border capital-markets access and coordinating on crypto and tokenised market infrastructure.
Plans Backed By Gordon Brown To Raise Gambling Taxes Could Push Players Into The Black Market — Adam Smith Institute
Heavy-handed regulations and taxes on Adult Gaming Centres (AGCs) are shrinking the safer, in-person gambling sector and pushing consumers into black markets. AGCs are subject to an eye-watering effective tax rate of 66%, as well as a £2 stake cap and the “80/20 rule” that mandates low-demand machines occupy 80% of floor space. Despite not serving alcohol, AGCs also pay at least £1,900 annually in licensing and operating fees - 80% more than the highest alcohol license.
Reverse Gear: Why Motability is broken and how to fix it — Adam Smith Institute
By supplying brand-new vehicles rather than second hand options, Motability spent £3.4 billion more last year - higher than the school maintenance and repairs budget. This waste is encouraged by VAT and Insurance Premium Tax reliefs worth £1.2 billion per year. But, it's not just overspending on new vehicles that's a problem. In just 5 years, enhanced-rate PIP mobility claims, the gateway to Motability, have increased by 80%, driven in large part by new mental health claims.
It’s per capita, stupid — Adam Smith Institute
Last night on BBC Newsnight, Mehreen Khan, the economics editor of The Times, told the nation that ‘the economy grows because the population grows’, effectively arguing that economic growth without migration is impossible. Leaving aside the thorny issue of just how much migration is good for an economy, Ms Khan has clearly forgotten the meaning of the phrase per capita.
Public goods - Adam Smith Institute
Once upon a time, the concept of the “public good” carried a noble meaning. German philosopher Immanuel Kant further developed the original conception of a public good, building upon the ideas of Plato and Aristotle. His definition emphasised the importance of having a society that understood the importance of ethics, moral laws and natural philosophy. These areas of knowledge would allow individuals to become ‘good and harmonious members of society’.
Copying Sweden’s schools — Adam Smith Institute
Sweden seems to do many things better than the UK does. Its pension system is largely fully-funded without imposing liabilities on future generations. Many think that Sweden handled the Covid pandemic better than other nations managed to do. And its school system has many elements that would vastly improve our own if we adopted them. If we did so, we’d have to adopt a phased approach, accounting for differences in culture, governance, and existing education infrastructure.