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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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Ideology v purity
By Dr Eamonn Butler
 A number of rose-tinted NGOs oppose water privatization for ideological reasons, but a paper for the Journal of Political Economy suggests that it does actually save lives in developing countries, says Paul Staines on the Globalisation Institute Blog. Sebastian Galiani of the Universidad de San Andres and Paul Gertler of the University of California and the National Bureau of Economic Research looked at what happened in Argentina after their extensive privatization programme in the 1990s. They found that child mortality fell 8% in the areas that privatized their water services - the effect being largest (26%) in the poorest areas. Privatization was associated with significant reductions in deaths from infectious and parasitic diseases. Hate to say "told you so" but... Feedback
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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. |