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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.
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Remarkable, but not shocking
By Dr Eamonn Butler
According to the Independent newspaper, the population of the United Kingdom has reached almost 60 million. That's a rise of 9 million in just 50 years and of 1.7 million in the last ten years alone. However, the truly remarkable figure is that one in 12 of that population were born abroad. The figures, from the Office for National Statistics (ONS) emphasise Britain's changing ethnic make-up, with 4.6 million people describing themselves as "non-white". I find this remarkable, indeed; but not shocking. Indeed, I've always agreed with my late friend Julian Simon that immigration has been a great spur to economic progress almost everywhere. Immigrants tend to be young; to be outward looking and get-up-and-go. They bring in new ideas to challenge the old order; and ideas which mix with the established way of doing things to create completely new approaches. So I don't fear immigration. But I'm worried by benefit tourism - that if a country's welfare state is too generous, people will flock there just to pick up the easy money. The solutions to that, though, are pretty obvious. Feedback
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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. |