Trying to discover the government’s procedures for forecasting the impact of new regulation, I recently googled “regulatory risk assessment."
The number one result is this. Entitled “The framework for regulatory risk assessment in the Department of Trade and Industry", it’s found on the website of the Department for Business, Enterprise and Regulatory Reform, and topped by the logo of the Department for Business Innovation and Skills.
The DTI was abolished in 2007, and BERR in June this year. Brown’s endless bureaucratic rejigging has clearly proved too much for the governmental webmasters…
Japan's new First Lady believes that she was once abducted by aliens. "I think my soul rode on a triangular-shaped UFO and went to Venus" Miyuki Hatoyama wrote in a book last year. She also claimed to know Tom Cruise in a former incarnation when he was Japanese.
Mind you, her husband, the Prime Minister-elect Yukio Hatoyama, believes that raising the minimum wage, banning temporary employment, subsidising famers, and a $76 billion social spending plan is going to save the Japanese economy.
Having finished 6th form at James Allen’s Girls’ School where I received A-levels in Politics, Economics & English, I am honored to be taking a Gap Year placement with the ASI. Following this I intend to go backpacking before heading off to university where I hope to study PPE at Oxford or Government and Politics at LSE.
I have spent the last two years ranting to uninterested classmates and left-leaning teachers about the wonders of capitalism and a government’s innate ability to squander money and complicate any economic difficulty. I’m therefore very happy to work at a place where my views are supported and I have the ability to voice them. In such an economic climate I think it’s incredibly important that Britain does not turn to the government in hope of economic and social salvation. Today’s government has created an untamable national debt as taxpayer’s money is wasted in unprofitable uses, a bloated public sector weighed down with bureaucracy and a slow and steady erosion of citizen’s freedoms. All of this suggests that no government - be it Labour or Tory - can hope to make Britain a better place without dispensing with megalomania and handing economic and civic freedom back to the public.
In my spare time my interests include eating and lying in bed, djing, taxidermy and learning to crochet.
I am delighted to become a part of an institution as prestigious as the Adam Smith Institute. As a student of both Economics and Political Science at Brigham Young University I have gained great respect for the man whose name this great institution bears and also for the timeless principles he introduced to us so long ago. Adam Smith left us with more than a new way of looking at the world; he left us the key to understanding the remarkable order of things in what was previously seen as chaos.
The problem that many politicians and institutions find themselves in today is that they feel as if they have progressed ahead of classical economic theory. They act as if the laws that have governed economic principles since the dawn of man no longer apply to them. Is this a result of arrogance or of simply ignorance? I would argue for the later. The laws of economics are being ignored in this generation and we can see the punishment that the invisible hand can deal to us if disregarded or coerced. The economic future of the world depends on the ability of our leaders to back off the free markets, and yet they insistently continue to attempt to micromanage in a loosing battle. The market has indeed turned to chaos, but we are the cause and not traditional economic thought.
I a big fan of American Football and enjoy a good round of golf when the weather is right. I enjoy travelling and being around friends and family as often as possible.
He is free who lives as he wishes to live; who is neither subject to compulsion nor to hindrance, nor to force; whose movements to action are not impeded, whose desires attain their purpose, and who does not fall into that which he would avoid.
– Epictetus (ca 55-135 A.D.), Discourses, ca 100 A.D.
As with Al Gore wasting more energy than a small village lighting his house, news that the Met Office climate change supercomputer is polluting the planet should be met with an ironic smile. If indeed there is a problem with carbon output, these fraudsters are not going to be the ones to save the planet.
I am delighted to become a part of an institution as prestigious as the Adam Smith Institute. As a student of both Economics and Political Science at Brigham Young University I have gained great respect for the man whose name this great institution bears and also for the timeless principles he introduced to us so long ago. Adam Smith left us with more than a new way of looking at the world; he left us the key to understanding the remarkable order of things in what was previously seen as chaos.
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