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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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An alternative manifesto
By Dr Madsen Pirie
 Commentators including Peter Oborne have pointed to the similarity of Labour and Tory policies. Those of the Official Monster Raving Loony Party are very different. (Non-UK readers should know that the OMRLP are amiable eccentrics who liven up boring elections.) Sadly now deprived of the top-hatted Screaming Lord Sutch, they have unveiled an avowedly populist tax policy. Our team of experts has decided that Income Tax has not proved popular with the public and will therefore be abolished. It was started in order to finance the Napoleonic war in 1799 and we now believe that the time is right to announce the cessation of hostilities with Napoleon. Some of the money left in the coffers will be used to fill in our part of the Channel Tunnel in case no one has mentioned it to the French. Any remaining money will be strategically placed on a horse at the 3-30 at Haydock Park at odds of at least 12/1 in order to see us through until the next election. They also plan to issue a 99p coin to save on change, and "to tax rich people to pay for the printing of money, as they use most of it." 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 (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. |