How school vouchers can harness choice and competition to bring greater quality and equality in education. A joint publication of the Adam Smith Institute and the Centre for Market Reform in Education.

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The zombie firms plaguing Britain's economy, and what to do about them.

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Nigel Hawkins identifies £40bn of assets that the state could sell off to cut taxes or pay down the debt, including government-owned real estate, parts of state-owned companies like National Rail, and utilities that the government should not be running in the first place.

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Robert CB Miller gives a modern Austrian explanation of the crisis, and argues that tightening the 'loose joint' of bank credit expansion is the key to preventing a repeat in the future. Based on the work of FA Hayek and other Austrian school economists, he says that the recession is a necessary part of the recovery process, as bad investments are liquidated and new profit routes discovered, but government draws out this process by regulating markets and restricting trade.

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In this report, Dominique Lazanski calls on the government to commit to a 'Digital Freedom Charter' ahead of the Communications Bill. The report argues that the Internet is currently under threat from an increasing regulatory burden and that we need a charter committed to now in the UK to set out principles to ensure competition, innovation and growth in and around digital communications and the Internet.

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Statistician John C. Duffy and ASI fellow Christopher Snowdon assess the Sheffield Alcohol Policy Model, used as the basis for the British and Scottish governments' calls for minimum alcohol pricing. They find that the model is deeply flawed, based on faulty premises and used to justify policy far beyond what it actually proves.

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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.

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Why the Financial Conduct Authority will not be fit for purpose and should be scrapped in favour of a strengthened consumer ombudsman.

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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.

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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.

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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. 

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Adam Smith and David Ricardo explained the benefits of trade, based on specialisation and comparative advantage. These concepts, says Arnold Kling, also can provide the basis for explaining fluctuations in employment. In this paper Kling proposes that we jettison the Keynesian paradigm of aggregate supply and demand (AS-AD) in favour of an alternative paradigm, which he calls patterns of sustainable specialisation and trade (PSST).

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