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The Real Problem Was Nominal

Scott Sumner on how central banks caused the Great Recession and how NGDP targeting can avoid a repeat in the future.

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Wind Power Reassessed

Dr. Capell Aris conducts a review of the UK wind resource for electricity generation in a joint paper with the Scientific Alliance

The Blog

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bankruptcy

This is just sooo embarrassing

There’s many things that we don’t know much about and they tend to be the things that we don’t opine upon. There’s a (rather smaller) set of things we... Read More »

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.

Upcoming Events

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Edith Jones

Lunchtime Lecture with Judge Edith Jones

“I’ve got a pen…” – President Barack Obama, 2014 Over the years, US Presidents have steadily expanded the power of the Oval office. But do they sometimes overstep the... More Details »

April TNG – with Matthew Parris

For our April TNG we welcome Matthew Parris, who will give a talk “In Defence of the Elite”. Parris is a journalist and former Conservative MP  West Derbyshire (1979 until 1986). He writes a weekly political column for The Times. The Next Generation events are... More Details »

Recent Research

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The Real Problem Was Nominal: The Crash of 2008

Prof. Scott Sumner, who inspired the US programme of QE3 and was dubbed ‘the blogger who saved the US economy’ by The Atlantic, explains how central banks—not bankers—caused the 2007-8 crash. He goes on further, showing how the European... Read More »

The Green Noose

• Despite academics, politicians, and international organisations recognising that the UK is facing a housing crisis, it is currently far less developed than many imagine, especially when compared to similar countries. Indeed, only two members of the EU 27 have less built... Read More »