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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Quangos uncontrolled
By Dr Eamonn Butler

A restrained cheer went up from some UK businesspeople and others when Chancellor Gordon Brown, in his March Budget, announced that 35 regulatory agencies would be reduced to just nine. But not many people noticed that the same Budget created three new quangos too. Not surprising: you weren't meant to notice it.

But then it got worse. A mere week later, Education Secretary Ruth Kelly published a White Paper on skills, proposing the establishment of 25 new sector skills councils, reporting to a sector skills development agency and the Learning and Skills Council.

Then before the month was out, celebrity chef Jamie Oliver had caused such a public fuss about school meals that Kelly added another new quango, the School Food Trust.

All in all, I figure that we now have more quangos than we started with. And this is why we are living in a "quango polity", says Dan Lewis in Whitehall & Westminster World (subscription only). Politicians' tendency to shunt off every problem to some new "expert" boards and committees is so strong that you really have to be ruthless if you are to keep their numbers in check at all. Not to mention the number of civil-servants they employ and the generous salaries paid to their members and directors.



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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.