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.

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Tory story
By Dr Madsen Pirie & Dr Eamonn Butler

We've been speculating what kind of team Britain's Tories might put together. This is our first effort, but we welcome suggestions and comments.

Prime Minister - Michael Howard
Foreign Secretary - Dave Davis

Chancellor - John Redwood
Home Office - Oliver Letwin
Party Chairman - Eleanor Laing
Deputy Prime Minister - William Hague
Defence - Iain Duncan Smith
Environment - Francis Maude
Education - Lord Woodhead
Transport - Bernard Jenkin
Trade & Inward Investment - John Whittingdale
Health - David Willetts
Culture, Media & the Arts - Michael Portillo
Welfare & Pensions - David Trimble
Attorney General - Bill Cash
Lord Chancellor - Lord Rifkind
Lords Leader - Baroness Hogg
Commons Leader - John Bercow
International Development - Baroness Cox
Local Govt & Regions - Tim Yeo
Wales - Nigel Evans
N Ireland - Tim Collins
Scotland - Lord Forsyth

This seems quite a strong team. Their opposite numbers in government are by no means as talented, outside of the few obvious celebrities. Could this be a winning team?



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Adam Smith Institute
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London SW1P 3BL

Tel +44 (0)20 7222 4995

Adam Smith (1723-1790)
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.