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The Adam Smith Institute
The Adam Smith Institute is the UK's leading innovator of free-market policies. Named after the great Scottish economist and author of The Wealth of Nations, its guiding principles are free markets and a free society. It researches practical ways to inject choice and competition into public services, extend personal freedom, reduce taxes, prune back regulation, and cut government waste.
The Institute is politically independent and non-profit. It works through research on policy options, publications, conferences and seminars, and helping to shape public debate in the media and among opinion-formers. Blogosphere
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Judge books by their covers
By Alex Singleton
A man walks into the Alternative Bookshop (a libertarian bookshop of the 1970s and 80s). He shows the staff a book he has written and says they should stock it. The staff take a quick look at the cover and reply that it's not sort of book they want to stock. "But you haven't read it. You can't judge a book by its cover!" he says. Yet the staff are insistent that they don't want the book: "Considering that we're not going to read it," they answer, "how else do you propose we should judge it?" Judging a book by its cover is a very rational way of deciding whether it is good or not. Whose imprint is on the cover? If a major publisher has invested in getting a book to print, you know that a serious player takes the book seriously. The back cover normally gives some idea about content. If the design looks professional, it indicates that a lot of care has been put into making the book. In fact, there's a great deal of information conveyed by book covers. This brings me to Brian Micklethwait's Education Blog, which has just been redesigned. Some people really like new design, others don't. This is of secondary concern. The important thing is that its new design says to visitors: "This blog has been professionally designed. Therefore whoever is behind this blog takes it seriously. It is worth reading." And, of course, Brian understands these things: it was a young Brian Micklethwait working at the Alternative Bookshop who judged books by their covers. Feedback
Please note: as of September 2005, all comments, as well as the comment posting facility moved to our new blog.
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Adam Smith Institute Tel +44 (0)20 7222 4995
Adam Smith was the great Scottish philosopher and economist best known for "The Wealth of Nations", his pioneering book on free trade and market economics.
A wide selection of material about Adam Smith is now available on the Adam Smith website. This includes the full text of his two major works, The Theory of Moral Sentiments and The Wealth of Nations. |