Dr Madsen Pirie

photo of Madsen Pirie

Dr Madsen Pirie is President of the Adam Smith Institute.  He subscribes to a broadly empirical and libertarian philosophy and values the insights of the Austrian School of Economics.  He has written books on logic, philosophy, economics, and children's science fiction.  His own website is at www.madsen-pirie.com

Three ideas that will not be in the Queen's Speech

Written by | Wednesday 8 May 2013

I was on the Today programme on BBC Radio4 alongside Tom Papworth of Centre Forum.  John Humphrys asked each of us to nominate three pieces of legislation we'd like to have seen in the Queen's Speech setting out the government's priorities for the year.

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Ten reasons why the Left should like the ASI, 7: Killing nanny

Written by | Tuesday 7 May 2013

The Left should back the ASI's objection to having the state make decisions for working class people under the claim that it knows best what is good for them.

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Calling on the affluent elderly to send back their benefits

Written by | Tuesday 30 April 2013

Iain Duncan Smith, Secretary of State for Work and Pensions, has called upon wealthy elderly people who do not need benefits to return the money to the government.  His case is that the winter fuel allowance, the Christmas bonus and travel passes are handed out to the elderly without means-testing, so that some undoubtedly go to the comparatively well-off.  Iain Duncan Smith's plea calls to mind the recent paper from the Fabian Society calling for older people to pay more tax, since pensioner couples are in the top half of UK income distribution for disposable incomes, with 80% of them owni

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Figaro wonders why people are leaving France

Written by | Monday 22 April 2013

The cover of Figaro magazine says it all.  “They are leaving for London, Brussels or New York,” it says, and asks, “Why are they leaving France?”  It then talks of “the ravages of fiscal banishment” and “the youngsters who leave to succeed elsewhere.” The young people shown seem to be happily waving goodbye to France’s punitive taxes.  It bears remembering that there are misguided people in Britain who tell us that taxes do not make people change their behaviour…

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Ten reasons why the Left should like the ASI, 6: Drug legalization

Written by | Friday 19 April 2013

6. The ASI supports the decriminalization of narcotics.  The Left should be pleased that the ASI has many times called for the decriminalization of drugs and for drug-addiction to be treated as a medical rather than a criminal problem.

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Ten reasons why the Left should like the ASI, 5: Anti-surveillance

Written by | Wednesday 17 April 2013

5. The ASI opposes official surveillance and secret powers.  The Left should welcome the ASI's opposition to snooping and surveillance by authority and its support for an open rule of law.

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Ten myths about Margaret Thatcher

Written by | Monday 15 April 2013

The left-wing commentariat seems to be using the argumentum ad nauseam against the Thatcher record.  This consists of repeating an allegation, no matter how much evidence is produced against it, or how many times it has been shown to be false.  In City AM Allister Heath dealt with some of these assertions, but that has not stopped the anti-Thatcher brigade from repeating them.  Here are ten claims they make which are not supported by the facts.

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Think piece: Why Marx was wrong about capitalism

Written by | Thursday 11 April 2013

On Tuesday, Madsen took part in an Intelligence Squared debate at the Royal Geographical Society on the motion that "Karl Marx was right: capitalism post-2008 is falling apart under the weight of it own contradictions." Speaking in favour of the motion were Tristram Hunt MP, Robin Blackburn and Frank Furedi, while against it were George Magnus, Madsen Pirie and Judith Shapiro. The vote taken before the start of the debate saw the audience roughly equally divided between those in favour, those against, and those undecided.  The vote after the debate saw a huge majority

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Why Marx was wrong about capitalism

Written by | Thursday 11 April 2013

Dr Madsen Pirie's speech in opposition to the motion: "Karl Marx was right. Capitalism post-2008 is falling apart under Its own contradictions."

Like many public figures who leave a legacy, either in their writings or their deeds, Karl Marx was sometimes right and sometimes wrong.  I concentrate on some of the things about which he was wrong.

Ten reasons why the Left should like the ASI, 4: Personal liberties

Written by | Wednesday 10 April 2013

As part of our continuing series, Madsen Pirie discusses some common ground between libertarians and the left.

4. The ASI backs the cause of personal liberties.  The Left should welcome the fact that the ASI is firmly libertarian in its outlook, taking the side of those who express a right of dissent, or who choose to follow alternative or minority lifestyles.

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