Summary

Comments from the Adam Smith Institute's President, Dr Madsen Pirie, was featured in the Huffington Post regarding the privatisation of Royal Mail services. 

Read the article here

"Others defended the government's handling of the Royal Mail sale. Dr Madsen Pirie, president of the free market think-tank the Adam Smith Institute, said: "It was the first major privatization in two decades, and the aim was not to raise the greatest possible sum for the government, but to turn a state-run corporation into a successful and flourishing private business. 

"The pricing was cautious, as it was in the earlier privatizations, because government wanted a successful launch into the private sector more than it wanted the highest possible price."