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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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Alternative Queen's Speech
By Dr Eamonn Butler
The UK government's legislative agenda - the Queen's Speech - captured headlines with its 'security agenda' of ID cards, a British FBI, etc. But that's all electioneering, aimed at tabloid newspaper readers. Much more alarming is how triflingly technocratic are most of the 37 measures proposed. Reducing the National Lottery funds from three to one. Merging laws on animal welfare. Shortening school inspections. Modifying public-inquiry rules. Means-testing legal aid in minor courts. Shuffling the nature and countryside agencies. Setting up a Welsh transport users' committee. With maybe five months until an election, is this the best they can do? What about tackling our sclerotic school system? Sack the pen-pushers and give parents vouchers? Let heads run their schools and compete for customers. Education would be transformed. Let hospitals run themselves too. Give patients vouchers, savings accounts, or competing social-insurance plans. Hospitals would be desperate to attract patients, not anxious to keep them out. Fix our over-complicated tax system. Follow the example of four EU countries and five others: scrap all the complexities, and just have a 20% flat tax on incomes over a certain amount. That's three do-able things that would do far more good than what our tired politicians are actually proposing. 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. |