USING FREE MARKETS

TO CREATE A RICHER, FREER,

HAPPIER WORLD.

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FREEDOM FROM POVERTY

THROUGH MARKETS

AND ECONOMIC GROWTH


Central to our mission is our belief that free markets work best for the poor.

No system has raised people out of poverty and given them the freedom to live their lives as they wish like free markets have.

In politics today it is usually the poorest people who bear the brunt of the government's worst policies in areas like education, health and welfare.

Our mission is to use free markets to end poverty in Britain and around the world.

  • Low, simple, flat taxes that encourage investment and innovation, and hence economic growth.

  • A voucher-based education system that gives parents and schools complete freedom over how and where children are educated.

  • A privately-provided, publicly-funded healthcare system where patient outcomes are the focus.

  • Freedom of trade with the world.

  • A liberalised planning system that lets many more houses be built, so everyone can afford to own their own homes.

  • Free market money and an end to bailouts of private banks, in all their forms.

  • A simple welfare system based around a Negative Income Tax or Basic Income that tops up the wages of the poor and guarantees that work always pays.

Spotlighted Research

Millionaire Tracker


Young people are inherently capitalist - they are entrepreneurial, commercially-minded and ambitious. Despite this, ‘capitalism’ is a dirty word for too many young people.

In order to change this, we want to demonstrate that only free markets and a free society can deliver the solutions to the challenges that young people face, through educational outreach and our new Fellowship Programme.

We want to build lasting relationships with the policy-makers of the future, and so will be offering twelve young writers the chance to join our Next Generation Fellowship Programme, giving them the opportunity to produce research on the issues that matter most to them.

The Next Generation

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CELEBRATING THE

250TH

ANNIVERSARY OF THE

WEALTH OF NATIONS

2026 marks the 250th anniversary of Adam Smith’s landmark book The Wealth of Nations.

1776 was very different from 2026. And yet, by showing how the freedom and security to work, trade, save and invest promotes our prosperity, without the need for a directing authority, The Wealth Of Nations still leaves us with a powerful set of solutions to the worst economic problems that the world can throw at us.

The free economy is an adaptable and flexible system, which can withstand the shock of the new, and cope with whatever the future brings.

Marking the occasion is not just core to our beliefs, it is also very close to our hearts.

Our project aims to seize the momentum around this anniversary to raise the profile of The Wealth of Nations with the new generation:

✍︎ Bring ideas to life: Recording high-quality video material on key ideas to post across our social media platforms.

✍︎ Host a high-profile speaker for an event to honour the anniversary.

✍︎ Creation of Merchandise.

✍︎ Creation of books and comics to make Smith’s ideas accessible to young people.

Consider donating to support the promotion of The Wealth of Nations!



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Adam Smith Institute

23 Great Smith Street, London

Hours
Monday–Friday
9am–6pm

Contact
02072224995 info@adamsmith.org

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