Sam Bowman

Sam Bowman is Research Director at the Adam Smith Institute. He writes on immigration, Bleeding Heart Libertarianism, and complexity in public policy.

The 50p tax must go

Written by | Friday 16 March 2012

The Guardian reports today that George Osborne is "poised" to scrap the 50p tax in this Wednesday's budget:

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David Friedman's machinery of freedom

Written by | Thursday 15 March 2012

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Economics is fun, part 16: Market failure

Written by | Wednesday 14 March 2012

Market failure: the justification for so many wrongheaded interventions in the market, but usually not failures at all, or caused by an absence of property rights if they are. Madsen talks about fairness and why it doesn't make sense to expect markets — amoral but efficient — to produce "fair" results. Government failure, he says, is something we should fear much more than market failure.

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Economics is fun, part 15: Growth

Written by | Wednesday 14 March 2012

It's a double-whammy today: growth and market failure. In this video, Madsen discusses how and why an economy grows — why we are better today than Julius Caesar was in his day. Maybe the most commonly-stated goal of politicians, far too few of them realize what growth really is.

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Every little helps

Written by | Tuesday 13 March 2012

David Henderson quotes Robert Guest's new book Borderless Economics:

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Economics is fun, part 14: Opportunity cost

Written by | Monday 12 March 2012

Today, Economics is Fun takes on that critical concept, ignored all too often in politics and the media: opportunity cost. Madsen shows that when you do anything in economics, you should always think about the next best thing you might have done instead.

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Kony2012 and the dangers of Youtube fauxtivism

Written by | Thursday 8 March 2012

By now you’ll probably have heard of #Kony2012, a social media campaign that exploded on Facebook, Twitter and Youtube yesterday. The campaign centres on a video documenting the crimes of Joseph Kony, a Ugandan warlord who heads the Lords Resistance Army and is said to have overseen the abduction and press-ganging of over 60,000 children into his militia.

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Blame socialism for conditions in Apple's Chinese factories

Written by | Thursday 8 March 2012

There have been some grim stories from Apple’s factories in China, of a spate of fatal accidents and worker suicides at Foxconn plants, which make parts for iPhones and iPads. The news has caused many to accuse Apple of exploiting Foxconn workers. Some say it’s capitalism in action. This is understandable, but wrong.

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How the EU really sees the world

Written by | Wednesday 7 March 2012

Above is an advert released by the EU today, making the case for more EU enlargement. It was pulled almost immediately, and you can see why. The advert inadvertantly exposes the worldview at the heart of many EU types: one that wants a Fortress Europe, closed off from nasty foreigners in Asia, Africa and the Americas. It's hard to see how any internationalist could defend the EU.

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Economics is fun, part 13: International Trade

Written by | Wednesday 7 March 2012

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