Adam Smith Institute Adam Smith Institute

Violating the first rule of economics

They call themselves socialists, but think and act very capitalistically. Real Marxists are probably easier to find in Europe and the USA than in Vietnam.

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Madsen Pirie Madsen Pirie

The BBC’s wrong turn on audience figures

It is fair to say that when the BBC decided that only high viewing figures would justify the licence fee, it took a wrong turn and should have concentrated instead on public service television

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Tim Worstall Tim Worstall

Cowperthwaite, ‘ee’s our man

Sir John Cowperthwaite, when running Hong Kong, famously banned anyone collecting the GDP statistics on the grounds that some damn fool would only try to do something with them.

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Madsen Pirie Madsen Pirie

Treating NHS patients abroad

There’s a compelling case for why the NHS should make deals with other countries to treat NHS patients abroad to reduce waiting times

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Tim Worstall Tim Worstall

Ignorance leads to bad policy

Some of the country’s biggest retailers have written to the chancellor, Rachel Reeves, warning that the government’s plans to overhaul business rates risk turning UK high streets into “ghost towns”.

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