It Pays to Cut Taxes

This report of a conference organised by the ASI in 1986 looks at the merits of reducing taxes. The conference was chaired by Andrew Neil and boasted a list of speakers which included James Gwartney, Lawrence Lindsey, George Gilder and Tom Bethell. At a time when much economic debate was and still is devoted to the relative merits of tax cuts or increased spending, the Adam Smith Institute felt that some consideration should be given to the effectiveness of tax cuts, particularly at the upper levels, in achieving greater revenues.

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Funding the BBC

'Funding the BBC' gives an account of a conference held by the Adam Smith Institute in 1985 to discuss how the BBC should be funded in the following years. Contributors include Saatchi and Saatchi, David Graham and Joe Ashton MP.  

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The Debate on Bus Regulation

Dr Hibbs argues for constraints upon the 'twin evils' that might be expected to arise in an unregulated market - the fly-by-night operator seeking a quick profit, and the large undertaking 'competing to kill' and thus stifling initiative and innovation, but adds the proviso that it might be possible to dismantle even these constraints after a period of adjustment.   

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Departure Time

In recent years there has been a steady erosion of the anti-competitive regulatory environment which was established in international aviation after the war. This briefing document outlines the history of IATA in fixing international air fares and the advantages claimed to be derived from it. The benefits claimed from IATA fare fixing are questionable. A number of alternatives to IATA such as zones of competition in air fares, licensing of non-IATA airlines, the deregulation of airline ticket retailing, charter airlines, and discounting are examined. These markets account for approximately thirty million air passenger per year in the United Kingdom.

The costs of IATA price fixing include the loss of regulatory authority and influence from governments to airlines, reduced airline efficiency due to price collusion, inefficient air[airports, neglect of the consumer interest, losses of tourist revenues, and increased costs to the traded goods sectors.

The Civil Aviation Authority should require that airlines submit their tariffs independently of the deliberations of IATA on fares. In this way the regulatory authority should establish a programme of promoting price competition between airlines.

 

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Milking the Consumer

The marketing of milk must be one of the most labyrinthine attempts protect producer interests in an economy that has seen more than its fair share of such systems. The tragedy is that, precisely because it is so cumbersome, the damage done to producers and consumers alike when it finally collapses will be that much more severe. This report is a fascinating document in economy history. It traces in meticulous detail the originals of the present milk marketing arrangements in the UK, and shows how the system grew and grew until it was completely divorced from market reality.

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The Job-Creation Machine

One of the most enduring myths in British political life is that additional employment can be generated by increasing spending in the public sector. Argument takes place about how much of this activity can be done "safely," about the levels of inflation which are "acceptable" when it is done, and, above all, how much of it "should" be done by a compassionate and caring government. The debate seems to take place between those who urge that government should engage in higher spending to create jobs immediately, and those who claim that other priorities are more important. A situation can be arrived at in which a government which refuses to increase public spending finds itself accused of being hard-hearted and not caring about the plight of the unemployed.

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Public Hospitals, Private Management

The British public's view of the National Health Service of today ranges from complacency to rage, from delight to despair. A small sample of opinion yields such disparate comments as 'the envy of the world' and 'in danger of imminent collapse'. This diversity of opinion becomes particularly extreme, and particularly vociferous, when te hospital sector is mentioned. It is this sector that is the subject of this pamphlet.

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The Road to Social Democracy

Foreword by Dr Eamonn Butler Who are the intellectual successors of the powerful viewpoint expressed by George Orwell - that most influential of twentieth-century writers? Conservatives cite in their favour Orwell's penetrating anti-totalitarianism. Socialists, on the other hand, point to his hatred of the class system and his strong instinct to side with the underprivileged.

The contributors to this publication argue that Orwell would not sit easily between the political divides of the present day. Yet they believe that much of his work betrays, at the very deepest level, the very same concerns and principles that have led to emergence of the Social Democratic Party - a party that has been a rallying point for those, who like Orwell, have shrunk back from the totalitarian implications of so-called 'radical policies'...

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Solutions to the Problems of Public Sector Education

The problems of education in Britain are those inherent in public sector supply. In the interest of providing a standardised product, variety and choice are sacrificed. With the aim of ensuring a decent standard of education for all, the state sector squeezes out much of the variety and choice which would improve the system.

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