A new AI capability that delivers analysis-ready Media Intelligence. More than just a product launch, this is a shift in how communications teams monitor, understand and act on media coverage.
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
Mitchell Palmer is an Economist at the Adam Smith Institute. He previously worked as a special advisor to the Deputy Prime Minister of New Zealand, whom he advised on fiscal policy and microeconomics. He has also worked in economic consulting in New Zealand and at a think tank in Singapore. Mitchell holds a first-class degree in History and Economics from the University of Oxford (New College). While at Oxford, he was made a Hayek Fellow of the Mont Pelerin Society.
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.
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.?
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.
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.
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.
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.
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.
Today sees tuition fees rise to £9,535, up by a lowly £285 since 2017. This is a state-sponsored steal from universities. Since tuition fees were introduced and frozen in 1997, following the Dearing Report’s conclusion, they were capped at £1,000 (£1,975 in real terms). This rose over the years to their stand-still in 2017 at £9,250.