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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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Another technology fix
By Dr Madsen Pirie
Technology can sometimes diminish or eliminate the consequences of foolish or indulgent behaviour. Obesity can be countered by the use of diet foods, and excess drinking ameliorated by low-alcohol beers. Contraceptives remove some of the consequences of casual sex, and low-tar cigarettes might reduce some health hazards. The couch potato can lie down watching TV while a muscle vibrator exercises the stomach. Science has developed several products which enable people to get away with otherwise damaging behaviour. Richard Irving reports in the Times on plans by Epitan to market the drug Melanotan to supply a sun-tan without the need for harmful exposure to bright sunlight, or recourse to tanning salons whose regular use may carry risks. It works by encouraging the body to produce Melanin in its brown-black form which helps block out the sun’s harmful effects. The drug will initially be available in injection form at a cost of about £105. The jab takes about a week to work and lasts for between 60 to 90 days. It sounds like a way to acquire the good-looking tan, but without the health risks. Ah, but there's more: Originally developed by scientists from the University of Arizona, Melanotan could have two other potentially lucrative uses. The first is that in sufficient quantities it appears to suppress the appetite; the second is that it appears to ease erectile dysfunction. The major problem with what appears to be a significant advancement in lifestyle choices is that it all seems too good to be true! 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. |