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The Right Lines

Type: ReportsWritten by Kenneth Irvine | Monday 23 November 1987

The Adam Smith Institute envisages a two-stage sale of BR: the track and terminals privatized as a complete unit, and then the individual services which run on the track.

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The rich will pay more if you tax them at a flat rate

Type: Think PiecesWritten by Dr Eamonn Butler | Sunday 21 November 2004

Dr Eamonn Butler discusses the introduction of a flat tax rate. He mentions the increasing popularity of this form of tax and why the increase in tax revenue often confuses politicians.

The Revenue and Growth Effects of Britain’s High Personal Taxes

Type: ReportsWritten by Peter Young & Miles Saltiel | Thursday 10 March 2011

The 50p tax rate is costing the government money by discouraging work and driving high-income earners overseas. In a ranking of the marginal tax rates of the 86 largest economies in the world, Britain comes 83rd, and increasing numbers of businesses and high earners are leaving the country. This paper looks at the international evidence in favour of and against this high rate, and argues that Britain's growth prospects for the next decade are seriously harmed by it.

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The results are in: Spending cuts, not tax hikes, are the road to recovery

Type: Think PiecesWritten by Vuk Vukovic | Thursday 13 September 2012

Vuk Vukovic draws on new academic research to argue that the historical evidence around recessions is clear: cutting government spending, not Keynesian stimulus, is the way to create a recovery.

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The report card on competition in schools

Type: ReportsWritten by Steve Bradley & Jim Taylor | Friday 22 November 2002

The year-by-year improvement in examination results owes more to the spirit of competition between schools than to Whitehall¹s increasingly centralized controls over them. Schools could produce still more improvements in the future if they were given even more freedom to manage themselves and compete for pupils. But there must be more focus on improving the performance of schools in poorer neighbourhoods, which have not kept pace with the general improvements.

Based on a study of 3000 state schools by two Lancaster University economists, the Report Card says the results of the competition between schools that has followed the introduction of league tables and other reforms in 1988 has been that:

- Parents have sought quality, moving their children to local schools that are higher up the league tables of exam performance;

- Exam performance has risen as schools feel the effects of this competition and try to outdo the achievement of other schools nearby;

- Larger schools perform better because they can be more flexible in how they use staff time; and

- The gap between rich and poor schools is widening, though not by much.

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The Recession: Causes and Cures

Type: ReportsWritten by David Simpson | Thursday 18 June 2009

In The Recession: Causes and Cures, economist David Simpson analyzes the current recession and the government's responses to it. He finds that the widely-held conventional view of the economic cycle – which suggests recessions are caused by external shocks and can be remedied by a government-applied stimulus – is inadequate in the present circumstances, and is leading policymakers both to misunderstand the causes of the crisis, and to advocate the wrong cures. This report examines the real causes of the recession, and suggests policiy opyions which could bring it more quickly to an end.

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The Prison Cell

Type: ReportsWritten by Peter Young | Thursday 26 November 1987

Britain's prison system is in a state of crisis. Violent incidents, industrial disruption and rooftop sieges are common reminders that radical reform of the system is urgently required. Antiquated Victorian prisons often house three prisoners in cells designed for one. The overcrowding and poor conditions inevitably lead to resentment and tensions which break out in violence.

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The Practicalities of Flat Tax

Type: Think PiecesWritten by Samuel Nguyen | Thursday 30 June 2005

In a question and answer format, Samuel Nguyen provides a case for a flat tax rate. He argues that it will not be as good for the rich as people think, but he feels the tax rate will be so much lower that the rich will actually pay it. Thus, he points out, the Government should have more to spend. He also looks in to whether this is the kind of policy Europe would want to advocate and answers confidently that this is the way forward.

The Political Conditions

Type: Think PiecesWritten by Dr Madsen Pirie | Saturday 01 January 2000

Before Britain joins the Euro the five economic tests must be passed. Chancellor Gordon Brown declared in June 2003 that four of the five tests had been failed. He was satisfied that British entry would not damage financial services in Britain, but was not happy about employment or investment. Nor was there sufficient convergence or flexiblity.
 

The People Economy

Type: ReportsWritten by Dr Madsen Pirie | Friday 22 November 2002

First, there was the agricultural economy. Then capital became the key productive resource. But the driver of wealth-creation today is the talent and brainpower of individuals: we live in a People economy. And since people are both diverse and mobile, governments and social scientists now need to change the very way they think about job-creation, regional policy, taxation, social solidarity, welfare, and much more.

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About the Institute

The Adam Smith Institute is the UK’s leading libertarian think tank...

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