Dr Eamonn Butler

Eamonn Butler is director of the Adam Smith Institute. He is the author of books on the pioneering economists Milton Friedman, F.A. Hayek, Ludwig von Mises and Adam Smith, and co-author of Forty Centuries of Wage and Price Controls and books on intelligence testing. He has degrees in economics, philosophy and psychology, gaining a PhD from the University of St Andrews in 1978.

The planned chaos above us

Written by | Wednesday 30 November 2011

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The Big Bang: 25 years on

Written by | Wednesday 26 October 2011

It's 25 years since the Big Bang deregulation of financial services in the City of London.

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UK bailing out France, not Greece

Written by | Sunday 25 September 2011

So, the eurozone and the IMF are putting together a £1.7 trillion fund to save Greece (and for that matter Portugal and Ireland) and stave off a default. Right?

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The restoration of Panmure House

Written by | Sunday 25 September 2011

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Don't blame PFI

Written by | Thursday 22 September 2011

UK Health Secretary Andrew Lansley says that patient care is under threat at over 60 NHS hospitals which are 'on the brink of financial collapse' because of costly Private Finance Initiative (PFI) schemes. This is particularly disappointing to those of us at the Adam Smith Institute who campaigned for private financing of public infrastructure projects as far back as the early 1980s. What went wrong?

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Scrapping the NHS IT scheme

Written by | Thursday 22 September 2011

The UK government plans to scrap the £12bn National Health Service IT scheme, commissioned by the Blair-Brown administration, and which was supposed to join up the provision of health care, linking patient records, family doctors, hospital consultants, nurses, pharmacists, managers and all the rest. The announcement comes as no surprise – from its outset, the scheme (originally and over-optimistically predicted to come in at around £2bn) always looked  like a mess.

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Growth forecasts no surprise

Written by | Wednesday 21 September 2011

It should be no surprise that the IMF has cut its world growth forecasts. We had it coming. In the UK, the Office of Budget Responsibility's growth forecasts always looked wildly optimistic – 1.8%, they were predicting back in november. Now the IMF says UK growth will be a mere 1.1% in 2011, and 1.6% in 2012. Even that, I figure is on the optimistic side, and the IMF admits there's 6:1 odds of us going negative.

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