Research Fellow at the Adam Smith Institute Kate Andrews spoke to BBC World News about the problems with the 'Ban Trump' petition, arguing that it is wrong to restrict someone's travel based simply on their ideology, when there is no threat of criminal activity.
Head of research at the ASI, Ben Southwood, has writen for City AM on the misleading nature of Oxfam's inequality statistics:
Each time they release the new number there is much wailing and gnashing of teeth, but their numbers are nonsense, and on top of that they tell the wrong story.
Firstly, adding up negative numbers gives some paradoxical results. For example, as far in debt as the most indebted person is (i.e. the poorest person by Oxfam’s measure) they are still richer than the next two billion people all put together, because all of those people have small negative net wealth.
Secondly, and more importantly, it cannot measure human capital. For most people, their most valuable assets are their talents and skills.
Head of research at the ASI, Ben Southwood, has had his comments on Oxfam's inequality statistics featured in articles for the BBC and the Spectator. Ben argues that the statistics they publishes are deeply misleading. From the Spectator:
Ben Southwood from the Adam Smith Institute makes the following observation:
‘Oxfam is once again misleading everyone with its punchy wealth inequality stats.
‘By Oxfam’s measures, the poorest people in the world are recent Harvard graduates with student debt piles. The bottom 2bn don’t have zero wealth, but rather about $500bn of negative wealth.
From the BBC:
The Adam Smith Institute's head of research Ben Southwood also said the data was "misleading".
"More meaningful measures show greater equality. Those in the middle and bottom of the world income distribution have all got pay rises of around 40% between 1988-2008. Global inequality of life expectancy and height are narrowing too—showing better nutrition and better healthcare where it matters most.
Executive director of the ASI, Sam Bowman, argued against France being the 'sick man of Europe' in City AM, although he pointed out that France still has significant downfalls with regards to the labour market:
France may not be the sickest man in Europe, but by any normal standard the country is in deep trouble. The reform package announced by Francois Hollande is better than nothing, but only just.
Tim Worstall, a senior fellow at the ASI, was on BBC 5 Live discussing the decline of the UK steel industry, following Tata Steel's decision to cut another 1050 jobs this morning.
"The underlying problem is that we recycle much more iron and steel now than we used to, and this is a technological change that's been a century in the making. The plants that are having the big job losses are blast furnace sites. If you recycle more iron and steel, then you need fewer blast furnaces."
"We won't help anybody by saying no actually we're going to keep this blast furnace that we don't need anymore"
For further comments or to arrange an interview, contact Head of Communications Kate Andrews: email@example.com | 07584 778207.
Commenting on Oxfam's latest inequality report (An Economy For the 1%), Head of Research at the Adam Smith Institute, Ben Southwood, said:
Oxfam is once again misleading everyone with its punchy wealth inequality stats.
By Oxfam's measures, the poorest people in the world are recent Harvard graduates with student debt piles. The bottom 2bn don't have zero wealth, but rather about $500bn of negative wealth. The poorest person in the world is richer than the next 30% put together. Having negative wealth may actually be a sign of prosperity, since only people with prospects can secure loans.
But there is a bigger issue with the narrative: more meaningful measures show greater equality. Those in the middle and bottom of the world income distribution have all got pay rises of around 40% between 1988-2008. Global inequality of life expectancy and height are narrowing too—showing better nutrition and better healthcare where it matters most.
What we should care about is the welfare of the poor, not the wealth of the rich."
Notes to Editors:
The Adam Smith Institute is a free market, libertarian think tank based in London. It advocates classically liberal public policies to create a richer, freer world.
Kate Andrews, head of communications and research fellow at the ASI, took part in a debate on Sky News over the issue of Donald Trump's presidential campaign. Kate argues Trump's policies and public image make for him to be an unsuitable president.
Kate Andrews, Head of Communications and research fellow at the ASI, was interviewed on ITV News on the issue of junior doctor's strikes. Kate argues that doctors have a moral responsibility not to strike, as the NHS holds a healthcare monopoly in the UK.
Head of Research at the ASI, Ben Southwood, was on Bloomberg TV discussing UK inflation rates and the Bank of England's scope to actually generate inflation in the current economic climate.
Head of Research at the ASI, Ben Southwood, discussed the latest ASI paper "Sound Money" on Bloomberg TV. He talked about the role the Bank of England should be taking in the economy, particularly highlighting our report's recommendation that the BoE moves to targeting nominal GDP.