Deputy Director of the Adam Smith Institute, Sam Bowman, debated George Monbiot over the benefits of TTIP on the Jeremy Vine Show on BBC Radio 2. Listen to the interview here. (Starts 35:04)
Press Release: Tories right on deficit
For further comments or to arrange an interview, contact Communications Manager Kate Andrews: kate@adamsmith.org / 07584 778207.
Commenting on the Prime Minister's speech on the deficit, Head of Research at the Adam Smith Institute, Ben Southwood, said:
David Cameron is staking out the right position on the UK debt and deficit.
The Conservatives' macroeconomic approach has been appropriate, bringing down the deficit but keeping aggregate demand steady with monetary policy. With inflation running above target for four years and hitting 5.2%, it is nigh-on impossible to claim that cuts have hurt the economy.
Markets have confidence in the UK's ability to pay off its national debt, so we should not worry about a debt 'catastrophe'—but that doesn't mean the government shouldn't work to get its finances under control.
Cuts are necessary because (as long as the economy is stable) when the government borrows, it uses up funds that could have been put into other activities. A large body of academic research bears out the claim that government deficits 'crowd out' private investment.
Notes to editors:
The Adam Smith Institute is an independent libertarian think tank based in London. It advocates classically liberal public policies to create a richer, freer world.
Charlotte Bowyer's comments on Peter Thiel's investment in the marijuana industry feature in CityAM
The Adam Smith Institue's Head of Digital Policy, Charlotte Bowyer, was quoted in CityAM on Peter Thiel's decision to invest in the marijuana industry.
Charlotte Bowyer, head of digital policy at the Adam Smith Institute, commented:
It's great to see a pioneering institution like Thiel's Founders Fund make an investment in the nascent cannabis industry. It is a market which will only grow in size, and the potential rewards for early backers are huge.
Bowyer argues the announcement is a significant advance for the fledgling industry:
Investment like this is a big win for pro-legalization campaigners, and shows that the marijuana industry can move out of the black market to become a legitimate, professionalized sector with potential for tremendous success
Ben Southwood's comments on Eurozone deflation feature in SKY News and LBC articles
The Adam Smith Institute's Head of Research's comments on the most recent Eurozone deflation numbers from December were featured in SKY News and LBC articles.
Head of research of the economic think-tank the Adam Smith Institute, Ben Southwood, said: "Eurozone deflation needs to be stopped as soon as possible to forestall a return to the darkest days of the crisis."The ECB must act now - easing monetary policy by buying bonds - or, even better, changing their whole regime and targeting the price level, or even nominal GDP, instead of inflation.
Kate Andrews discusses the Keystone Pipeline and the state of US politics on SKY News
Communications Manager at the Adam Smith Institute, Kate Andrews, defends the Keystone Pipeline initiative on SKY News, arguing that government needs to stop interfering in private sector initiatives to make the US energy independent.
Sam Bowman defence of high CEO pay features in Channel 4 News article
Deputy Director of the Adam Smith Institute, Sam Bowman, offers a defence of high CEO and top executive pay in a Channel 4 News article on wage discrepancies.
Sam Bowman, deputy director of the free-market think thank, the Adam Smith Institute, said: "Considering how important the decisions made by CEOs are to their firms' success, it would be very strange if they were not paid very highly."Multi-billion pound firms can live or die based on the choices their directors make - a Steve Jobs can turn a firm into a world leader, while a bad CEO can ruin a thriving company. Think of how important it is for Tesco to make the right strategic decisions in the coming years. It is no surprise that it is willing to pay well for the best CEO it can find."
Press Release: Eurozone deflation needs to be stopped to forestall return to darkest days of the crisis
For further comments or to arrange an interview, contact Communications Manager Kate Andrews: kate@adamsmith.org / 07584 778207.
Commenting on Eurozone deflation of 0.2% in December, Head of Research of the Adam Smith Institute, Ben Southwood, said:
Eurozone deflation needs to be stopped as soon as possible to forestall a return to the darkest days of the crisis.
The European Central Bank must act now—easing monetary policy by buying bonds—or, even better, changing their whole regime, and targeting the price level, or even nominal GDP, instead of inflation.
There is only one positive angle to Europe's macroeconomic state: that much of the downward pressure on inflation is coming from supply-side improvements, like cheaper fuel and food.
But demand-side inflation is hardly healthy, and after years of lacklustre income growth the ECB should be overshooting, not undershooting their target.
Continued depression will only undergird support for extremist parties in the peripheral areas of the bloc, undoing all the progress that has been made in recent decades.
Notes to editors: For further comments or to arrange an interview, contact Kate Andrews, Communications Manager, at kate@adamsmith.org / 07584 778207.
The Adam Smith Institute is an independent libertarian think tank based in London. It advocates classically liberal public policies to create a richer, freer world.
Sam Bowman discusses the launch of the party campaigns on LBC with Iain Dale
Deputy Director of the Adam Smith Institute, Sam Bowman, spoke to LBC's Iain Dale about the official launch of the party campaigns, Ed Miliband's Manchester speech, and the priorities of the upcoming election. Listen to the interview here. (5:05pm with Iain Dale)
Dr Eamonn Butler discusses corporate social responsibility on BBC Radio 4
Director of the Adam Smith Institute, Dr Eamonn Butler, speaks to BBC Radio 4 about the role of business and whether we should demand corporate social responsibility from them.
Ben Southwood argues against the re-nationalization of UK railways on BBC Radio Leicester
The Adam Smith Institute's Head of Research, Ben Southwood, argues against the re-nationalization of British railways on BBC Radio Leicester. Listen to the full interview here. (Starts 09:05)