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Yes, obviously industrial production is down

We cannot quite share this shock and horror at the news that industrial output is down:

Britain’s industrial plight was laid bare today after official figures showed output at the end of 2015 fell faster than at any time over the past three years.

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About Us

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ASIsign
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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February TNG with Christian May

Christian May, the editor of everyone’s favourite week-daily newspaper City AM, will be speaking at the ASI about his epic journey to the top rung of the media jungle ladder.

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Recent Research

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Sound Money: An Austrian proposal for free banking, NGDP targets, and OMO reforms

Anthony J Evans lays out the first, second and third best policies for monetary reform. He outlines reforms to quantitative easing policy that would reduce the distortions it causes; argues that inflation targeting and the Monetary Policy Committee should be replaced by an automatic nominal GDP target; and ultimately says the Bank of England should be scrapped altogether, replaced with privately-run ‘free banking’.

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