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Dhaka, Bangladesh - March 2010.
Garment factory in Dhaka Bangladesh in the Mohakhali area. 
Dhaka counts more than 4000 factories producing for export only.
This factory produced garments for the dutch company Hans Textiel.

Sweatshops make poor people better off

Sweatshops are awful places to work. But they are often less awful than other jobs sweatshop workers could take. And this is the basic argument in defence of sweatshops. When... Read More »

The case for abolishing Inheritance Tax

Posthumous taxation is no different to Victorian style grave robbery, only done on a much larger scale. Morally- the inheritance tax should be abolished. As well as the moralistic argument, there are also serious economic consequences of the tax-... Read More »

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The Adam Smith Institute is one of the world's leading think tanks. Independent, non-profit and non-partisan, it works to promote libertarian and free market ideas through research, publishing, media commentary, and educational programmes. The Institute is today at the forefront of making the case for free markets and a free society in the United Kingdom.

Upcoming Events

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Cool Queen

QE2 TNG

Save the date! On 9th September, Queen Elizabeth II will become our longest-reigning monarch. To celebrate, ASI President Madsen Pirie will lead a royal toast, and offer a constitutional... More Details »

Centenary Celebration of Antony Fisher

Sir Antony Fisher, a former Battle of Britain pilot and then a hugely successful entrepreneur, founded the Institute of Economic Affairs after a chance meeting with F.A. Hayek. He went on to help the fledgling Adam Smith Institute, and then encouraged the... More Details »

TNG Summer Boat Party

It’s that time of year again! Armed with Brut, a top party playlist and (hopefully!) some great British sunshine, the boat party is a chance to cruise the Thames and enjoy a drink with friends and ASI supporters. The boat... More Details »

Recent Research

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gears of a vintage clock machinery, close up

Time for Time Limits

The UK’s welfare system is in a parlous state, beset by ineffective policies, a culture of dependency, and an ever-increasing price tag. While well-intentioned, recent reforms such as Universal... Read More »

Trial & Error & The Idea of Progress

This book is an analysis of progress – its meaning, its constituent elements, the conditions that favour it, and the methods people use to achieve it. Its central theme is that progress implies a closer approach to nominated goals;... Read More »

EUtopian Regulation

David Cameron has made the reduction of red tape a cornerstone for EU reform. As we know, there will be no treaty reforms before 2017, the best we can expect is promises albeit firm ones. Brussels may well agree... Read More »