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Home Economy think pieces
Economy
Robin Hood Tax: why 350 economists are utterly wrong Print E-mail
Written by Dr Madsen Pirie (February 2010)   
Monday, 15 February 2010 15:08

A new tax on financial transactions is the wrong way to help the world's poor, argues Madsen Pirie.
 
The wide gaps in the pre-Budget report Print E-mail
Written by Dr Madsen Pirie (December 2009)   

Alistair Darling had a chance to start to repair the nation's finances for the future. But he blew it, writes Madsen Pirie.
 
The Archbishop of Canterbury caricatures consumers and fires at token targets Print E-mail
Written by Dr Madsen Pirie (October 2009)   

Most people are not like Rowan Williams' caricature of consumers who find no room for life's finer experiences.
 
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Economy

Introduction
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Words of wisdom

"There is no art which one government sooner learns of another than that of draining money from the pockets of the people."

The Wealth of Nations, Book V Chapter II Pt II

 

"What improves the circumstances of the greater part can never be regarded as an inconveniency to the whole. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."

The Wealth of Nations, Book I Chapter VIII

Words of wisdom

"The natural effort of every individual to better his own condition... is so powerful, that it alone, and without any assistance, is not only capable of carrying on the wealth of society to wealth and prosperity, but of surmounting a hundred impertinent obstructions with which the folly of human laws too often encumbers its operation."

The Wealth of Nations, Book IV, Ch V

 

"It is in the interests of every man to live as much at his ease as he can; and if his emoluments are to be precisely the same, whether he does, or does not perform some very laborious duty, it is certainly his interest... to neglect it altogether"

The Wealth of Nations, Book V, Ch I, Part III


About the ASI

The Adam Smith Institute is the UK's leading innovator of free-market economic and social policies. Politically independent and non-profit, the Institute promotes its ideas through reports, briefings, events, media appearances, and its website and blog. For further information, click here.

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