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The modest case for nominal income targeting

I think monetary regime options are basically a two-axis question: they go from maximally politically likely and least desirable to maximally desirable and least politically likely. The most politically likely... Read More »

The progressive’s immigration dilemma

The freedom and wellbeing of all human beings should be important to us, regardless of their race or nationality. Because migration allows very poor people to dramatically improve their lives, often increasing their income by an order of magnitude,... Read More »

Willy Hutton is starting to parody himself

Will Hutton’s managed to argue himself into a most interesting little corner. He’s been shouting for years that we need companies to be managed for the long term, not just for the short term interests of share traders. OK,... 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.

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‘How to think like an Economist’ with Anthony J. Evans

Nearly all introductions to economics are arcane, obscure and difficult to understand or hopelessly heterodox, giving no guide to what most economists actually think and do. The world of models... More Details »

May TNG with Mark Wallace – Election Special!

2 days before the nation goes to the polls, we’ll be hosting a special election-themed TNG. Analysing the antics and dissecting the drama of the campaign trail we will have Mark Wallace, Executive Editor of ConservativeHome. Whether you’re a... More Details »

Recent Research

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The Collected Economic Nonsense

In his latest series of blogs, the Adam Smith Institute’s President, Dr Madsen Pirie took aim at 50 of the most prevalent and pernicious falsehoods about economics. Read them all here... Read More »

The Ties that Bind

Social cohesion is the strength of interactions between members of society. These interactions are characterised by a number of norms that include trust, a sense of belonging, and a willingness to participate. Measures of social cohesion include generalised trust,... Read More »