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
2Blowhards
AFF Brainwash
Alex Singleton
Andrew Sullivan
Asymmetrical Information
Brian's Education Blog
Bureaucrash
Caricature Review
Catallarchy
Catallaxy Files
Chicago Boyz
CNE Health
Cobden
Crooked Timber
EnviroSpin Watch
Freedom and Whisky
Freedom Institute (Ireland)
Global Growth Blog
Globalisation Institute
Heritage Foundation
Hit and Run
The Kolkata Libertarian
Liberty and Power
NRO Corner
Pharmopoly
Poor and Stupid
Prestopundit
Samizdata.net
Social Affairs Unit
Spontaneous Order
Virginia Postrel
VodkaPundit
Volokh Conspiracy
The Welfare State We're In

Economics blogs

Ben Muse
Cafe Hayek
David Smith
Division of Labour
EconLog
Freedom Institute (Ireland)
Jujitsui Generis
Knowledge Problem
Marginal Revolution
Mises Economics Blog
Out of Control
Spontaneous Order (India)
Taking Hayek Seriously
Truck and Barter

UK blogs

An Englishman's Castle
Airstrip One
Andrew Dodge
Biased BBC
Blognor Regis
Clive Davis
Conservative Commentary
Daily Ablution
Daniel Hamilton
Debonair Gentleman
Edge of England's Sword
EU Referendum
House builder
Harry's Place
Iain Dale
Liberty Club
Mountaintop
Michael Jennings
Minarchist Musings
Melanie Phillips
Natalie Solent
Oliver Kamm
Patrick Crozier
A Place to Stand
Public Interest
Richard Lack
Rob Fisher
The Salisbury Pages
Th' inkwell
Tim Worstall
Trust People
White Rose

European bloggers

Christian Sandstrom
Christian Sandstrom
Washington DC wonks

Amy Ridenour
Radley Balko
Jerry Brito
Club for Growth
Gene Healy
Obernews
Tim Lee
Hanah Metchis
Tom Palmer
Julian Sanchez
Will Wilkinson

 
Negotiating CAP
By Dr Madsen Pirie

France’s prime minister, Dominique de Villepin, has described the EU’s CAP as non-negotiable. “We agreed a compromise to the Common Agricultural Policy and the British signed up to it. It is a good compromise and should be applied to 2013.”

Well, yes. France similarly signed up to the British rebate somewhat earlier, and without a time limit. The point is that the CAP deal was a stitch-up between France and Germany when they thought that their agreement was all it took to get an EU deal. Times have changed. The new EU members, instead of “taking the opportunity to shut up”, as President Chirac suggested they should, now show every sign of wanting to be heard. The CAP consumes 40 percent of the EU budget; France is the biggest recipient, and 80 percent of that goes to big businesses rather than small farmers.

In return for negotiating on the rebate, Britain should push for a deal which phases out CAP for big businesses by 2008, and for small farmers by 2013. That will take some of the political pressure off governments.

The world is gradually moving the right way, with more globalization, more free trade, and more recognition of what poorer countries really need (markets and the end of subsidies). CAP stands out as an anomalous anachronism, out of place with modern attitudes and the modern world. The UK government has admirably recognized that fact, and bravely put it on the agenda. Now we want results.



Feedback
Please note: as of September 2005, all comments, as well as the comment posting facility moved to our new blog.
 
Contacting us

Adam Smith Institute
23 Great Smith Street
London SW1P 3BL

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.