Sam Bowman argues that a 'living wage' can be secured by taking the poor out of tax, not by raising the minimum wage and risking creating unemployment.
Strangled at birth: Why the Financial Conduct Authority is not fit for purpose
Why the Financial Conduct Authority will not be fit for purpose and should be scrapped in favour of a strengthened consumer ombudsman.
Unburdening Enterprise
Vuk Vukovic outlines the key deregulations that need to be made to kick-start small and medium business employment and spur on a jobs-led recovery.
Market-Based Bank Regulation
Mikko Arevuo calls for a market-based alternative to bank regulation that puts executives on the line for bank failures by giving them a special class of share that makes them more liable for losses. By re-aligning incentives, other forms of bank regulation could be removed and a more stable financial system cultivated.
Britons say no to Nanny!
A new Adam Smith Institute briefing paper based on a YouGov poll commissioned by the Institute reveals that large majorities of the British public reject many aspects of the nanny state and prefer to make their own decisions.
Simple Rules for Complex Systems: Streamlining the UK's Financial Regulation Regime
Tim Ambler and Eamonn Butler review the government's plans to reform financial regulation, and argue for a more streamlined approach that does not inhibit competition by smothering new market entrants with costly regulatory requirements.
Parent-led Protection: Market-based Solutions to Child Protection
Politicians claim that a single government block is needed to safeguard children online. However, as Dominique Lazanski argues, this ignores the wide range of market-based solutions that already exist.
Mind Your Own Business!
We need a real market for corporate control, argues Elaine Sternberg. Private firms may have good reason to pay their executives highly, and shareholder sovereignty should be protected. The most important thing the government can do is to remove state restrictions on shareholder power — and stop meddling in how private companies are run.
The Wages of Sin Taxes
What is the true aim of taxes on alcohol, tobacco, fatty foods, and other "vices"? Are smokers, drinkers and fat people burdens on society who should be discouraged from enjoying their habits by taxation? Do these "sin taxes" actually work? In The Wages of Sin Taxes, Chris Snowdon tackles these questions and shows that sin taxes do not achieve their stated aim, offer no tangible benefit to society, and hit the poorest hardest.
Planning in a free society
London as a case study for a spontaneously planned future.
The Town and Country Planning Act has failed. Restrictions on development, the Green Belt and the nationalized planning permission system have all helped to create a national housing crisis. In this report, an advance paper from the forthcoming Adam Smith Institute book A Manifesto for London, Tom Papworth argues for a radical reform of the British planning system, replacing it with a local, contractual and pluralist system to allow development whilst conserving areas of natural beauty and national heritage.