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Archbishop of Canterbury's views on the City capitalism veer close to populist sloganeering

Type: Think PiecesWritten by Dr Madsen Pirie | Thursday 17 September 2009

Dr Madsen Pirie in reply to the Archbishop of Canterbury, sets out that Capitalism has lifted more people from poverty and hunger than any other force in history, including religion.

Are we doomed?

Type: Think PiecesWritten by Tom Clougherty | Friday 05 August 2011

With so much bad news coming from the financial markets, it is becoming difficult to see the wood for the trees. In this think piece, ASI executive director Tom Clougherty identifies the main problems we face, explores their policy implications, and examines the bigger economic picture.

Around the World in 80 Ideas

Type: ReportsWritten by Dr Eamonn Butler & Keith Boyfield | Monday 07 January 2002

Around the World in 80 Ideas is just that - 80 policy ideas from many different countries, which have replaced state ownership and control with choice, competition, freedom and innovation. The whole world is represented - from the commercialization of the Coffee Board in Ghana, to the private use of government-owned land in China; from airline deregulation in the United States to private maths education in Japan; from contracting-out the management of government buildings in Britain to economic reforms in Estonia. And these good ideas cover all aspects of government and the economy, from welfare, through utility reform and transport, to economic policy, health and education.

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Art of the state

Type: Think PiecesWritten by Anonymous | Saturday 01 January 2000

In many countries the arts have been effectively nationalized. In the United Kingdom, for example, not one of the national opera, ballet or theatre companies turns a profit: they survive on taxpayer subsidies. Regional companies are even more dependent on handouts. On the continent of Europe, opera and ballet is even more reliant on state subsidy.

Arts Funding: A new approach

Type: ReportsWritten by David Rawcliffe | Friday 12 March 2010

Government support for the arts is currently provided as a subsidy to producers. This system suffers from four major problems: it relies on an expensive bureaucracy; it distributes subsidies unequally between regions and income groups; it distorts producers’ incentives through corruption, politicisation and arbitrary criteria; and it reduces competition, innovation and efficiency. This paper proposes a new system for arts funding: consumer-side subsidies delivered as vouchers to all citizens, which would alleviate the four problems outlined above, and better fulfil the central objectives of art funding.

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At Odds With Taxpayers

Type: ReportsWritten by Keith Boyfield | Friday 22 October 2004

Sale of the government's racehorse betting monopoly - the TOTE - cheap to a panel of racing interests would be a lucky windfall to wealthy owners but daylight robbery for the taxpayers who are supposed to own it, says Keith Boyfield. This ASI report led to a European Commission decision to block the government's cosy deal with the racing industry.

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Austrian Economics - A Primer

Type: BooksWritten by Dr Eamonn Butler | Thursday 19 August 2010

Austrian School economists gave us the ideas of marginal utility, opportunity cost, and the importance of time and ignorance in shaping human choices and the markets, prices and production systems that stem from them. 'Austrian' economics has revolutionised our understanding of what money is, why economic booms invariably turn to damaging busts, why government intervention in the economy is a mistake, the importance of time and information in economic decision-making, the crucial role of entrepreneurship, and how much economic policy is just plain wrong. Eamonn Butler explains these ideas in straightforward, non-technical language, making this Primer the ideal introduction for anyone who wants to understand the key insights of the Austrian School and their relevance and importance to our economic situation today. Now updated with an additional chapter on Contemporary Austrian thinking.


Ayn Rand: More Relevant Now Than Ever

Type: Think PiecesWritten by Lars Seier Christensen | Wednesday 20 November 2013

This is a transcript of the speech "Ayn Rand: More Relevant Now Than Ever" given by Lars Seier Christensen, Co-founder and CEO of Saxo Bank, at Goldmsith's Hall for the Adam Smith Institute's Ayn Rand Lecture on the 29th October 2013 


Bank regulation: Can we trust the Vickers Report?

Type: ReportsWritten by Tim Ambler | Thursday 17 November 2011

In this response to the Vickers report, financial experts Tim Ambler and Miles Saltiel argue that the report's findings fail to address the root causes of the financial crisis and would create another layer of bureaucracy. Instead, the government should allow the creation of new "Trust Banks" that would be safely run, reduce arguments for protection of riskier banks, and introduce new competition to the high street.

Briefing paper

Believers in free markets are fighting back

Type: Think PiecesWritten by Dr Eamonn Butler | Monday 09 March 2009

Free market theories have been under scrutiny lately, many believe it is what caused the credit crunch and thus, the recession. However, Dr Eamonn Butler, underlines that this is not the case and that the free market thinkers will not go down with out a fight.


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