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Scotland must Finnish that myth

Just after the independence referendum was a momentous time to be in that exhausted Chamber of the Scottish Parliament. It marked the first debate not focussed on the constitution for as long as we could remember. And education was... Read More »

An extra reason to dislike deficits and government debt

On Wednesday, in a piece trying to set out the reasonable case for austerity, I made one argument against government deficits—they crowd out the private investment that really raises our living standards over time. I think this is true... 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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‘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 »