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National Free Enterprise Award event

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Next Tuesday we will be holding an event to celebrate the fact that Dr Madsen Pirie and Dr Eamonn Butler will recieve the National Free Enterprise Award. The evening will feature short speeches by Andrew Neil (BBC) and Terence Kealey (Vice Chancellor, Buckingham University):

23rd February 2010
Queenborough Room, St Stephen’s Club, 34 Queen Anne's Gate, London, SW1H 9AB
6.00pm – 7.30pm; Drinks & Canapés
Dress code: Jacket & Tie
RSVP: events@old.adamsmith.org

The National Free Enterprise Award is presented annually by a panel of 14 independent expert judges under the auspices of the Institute of Economic Affairs. Previous winners include Lord Lawson, Richard Branson, Lord King, Baroness Thatcher, Lord Forte and Sir Freddie Laker. Winners receive a handsome custom-made silver presentation trophy.

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Miscellaneous Philip Salter Miscellaneous Philip Salter

EGBDF

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EGBDFOn Saturday evening I saw an excellent production of Every Good Boy Deserves Favour at the National Theatre. Sir Tom Stoppard and André Previn's play tells the story of a dissident, Alexander, who is locked up in an asylum. If he accepts that he was ill, has been treated and is now cured, he will be released. He chooses to refuse.

Stoppard dedicated his play to Victor Fainberg and Vladimir Bukovsky; Soviet political dissidents, authors and political activists whose personal accounts of the use of psychiatric abuse in mental institutions in the USSR, exposed the horrifying reality of life under the Communist Party's rule. The play is based on Fainberg's chilling account.

After seeing the play I turned to the reviews to see what others thought. Through my searches I came across one from last year's run that deserves rebuttal. Although he likes the play, Ian Shuttleworth of the FT thought: "To put it harshly, this bleak, fantastical indictment of the Soviet Union's use of psychiatric hospitalisation against dissidents is a play for yesterday". His concern is that the "play says nothing about today's Russia or about our own conduct". I vehemently disagree with this. Governments around the world still lock up political prisoners under the pretext of being mentally ill. It is a warning from history that should not be forgotten.

Admittedly history does not always split its actors easily into goodies and baddies. However, when it does we should embrace the lessons that it teaches us. Soviet dissidents were and are heroes of freedom, while their abusers were either wolves or sheep that orcastrated or supported the system. The message of this play rings eternal.

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Miscellaneous Tom Clougherty Miscellaneous Tom Clougherty

Voting, lending, and spending

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Commons to vote on electoral reform

You've really got to hand it to Gordon Brown. After nearly 13 years in government, and just a few weeks left until a general election he looks set to lose, he's suddenly decided we need to change Britain's electoral system. And yet he chooses to champion a reform that (a) won't win him any more seats, (b) won't persuade the Lib Dems to go into coalition with him, and (c) will do precisely nothing to 'restore trust in politics'. Indeed, by forcing politicians to stick even more closely to the centre ground than before, the alternative vote's main effect would be to empower the party machines and give people even less reason to care about who represents them.

MPs say the banks aren't lending enough

But why do we want bank lending to return to pre-crunch levels? Don't we all agree that that was an unsustainable credit boom, and that Britain has far too much debt as it is? Indeed, McKinsey say we are now the second most indebted industrial nation in the world – turning Japanese, if you like. And of course, isn't it funny how the government always forgets that it is discouraging lending by forcing the banks to increase their capital ratios by buying up lots of government bonds? They really can't have it both ways. Speaking of debt...

Stiglitz says keep on spending

But what does all this 'stimulus' actually achieve? The money has to come from somewhere, and whether it's taxes or government borrowing, that's cash that's being taken out of the productive private sector to fuel the unsustainable growth of a parasitic public sector. That may appear to boost 'growth' in the short term (hardly surprising when government spending is included in GDP stats) but in the long term it will land us with higher taxes, a sclerotic, imbalanced economy, and lower living standards.

The Conservatives' fall in the polls continues

I wonder if anyone at Conservative Headquarters has noticed that their decline in popularity has coincided with David Cameron's declaration that he wouldn't cut spending right away after all, thus leaving people with no real reason to vote for him? Let's face it: unless you are a corrupt African politician or an overpaid NHS bureaucrat, it really is becoming quite difficult to answer the question "what would the Tories do for me?"

And in other news...

Harriet Harman looks set to be nominated for The Sun's prestigious 'rear of the year' award. Well, she certainly has my vote – I'm just desperate to see the back of her.

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Miscellaneous Dr. Eamonn Butler Miscellaneous Dr. Eamonn Butler

Dickens, poverty and progress

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Charles_DickensIt's Charles Dickens's birthday. He was born on this day back in 1812. He had a career in journalism, reporting on Parliament and writing in various papers and journals, though today we remember him as the most popular novelist of the Victorian age. Indeed, his name has given us a description of Victorian Britain – Dickensian, meaning depressing cities dominated by dark, polluting smoke-stack factories, with underpaid workers living cheek-by-jowl in overcrowded squalour.

So powerful is Dickens's writing that even historians have come to accept this description as objective fact. But we have to remember that Dickens was a social campaigner as well as a great wordsmith. He used his literary talents to highlight the problems of industrialisation through emotion and exaggeration. Indeed, he was brilliant at it, and his writings did actually change the Victorians' attitudes on issues such as poverty and class inequalities, which most thinking people at the time believed were the immutable condition of humanity and the working out of God's plan.

In fact, though, the factories, for all their ills, represented a step up for the working poor. The alternative was a life of equally long hours and backbreaking physical labour on the land in rain, sleet, snow or baking heat, a life made worse by the certainty of periodic crop failure, starvation and disease. The poor were not forced into urban factories: rather, they knew (in the words of William Barnes's poem) that they could 'make money faster, in the air of darkened towns' and that Linden Lea was not the rural idyll that it was painted. It was, of course, a revolution, an industrial revolution, in which things changed rapidly: with shoddy, functional buildings thrown up with little knowledge or understanding of the social consequences. How could anyone know? But before long, standards improved, hygiene and sanitation became standard, and the wealth generated by the new industries allowed even the poorest to rise out of the 'Dickensian' world.

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Global Go To Think Tanks

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The Think Tanks and Civil Societies Program at the University of Pennsylvania has just released their 2009 Global Go To Think Tanks survey, which ranks "The Leading Public Policy Research Organizations In The World". Once again, the ASI has done rather well:

Top 25 Think Tanks – Worldwide (US and Non-US) ranked no.24

Top 50 Think Tanks – Worldwide (Non-US) ranked no.7

Top 40 Think Tanks in Western Europe ranked no.2

Top 12 International Economic Policy Think Tanks ranked no.3

Top 10 Social Policy Think Tanks ranked no.6

The full report is available here (PDF).

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About blog comments

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For some reason, all our blogs currently say "0 comments and 0 reactions", even when numerous comments have been posted and are displayed when you click through. We're working on fixing this problem, but in the meantime the comments system is still working, so please don't be put off posting.

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An announcement

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As readers may have noticed, the ASI website was offline for a while over the weekend while we moved to a new server and installed some technical upgrades. Needless to say, there are still a few glitches that we need to iron out, but normal service should be resumed from now onwards. However, if you spot any problems on the website in the meantime - from missing images to broken links - it would be very helpful if you could email the details to info@old.adamsmith.org so that we can make sure they are rectified.

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Miscellaneous Charlotte Bowyer Miscellaneous Charlotte Bowyer

ISOS - Renewing Britain

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On Tuesday 9th March the ASI will be holding its first Independent Seminar for the Open Society of the new decade. A one-day conference for sixth-form students interested in politics and economics, it is named after Sir Karl Popper’s book The Open Society and Its Enemies and as such is based upon the principles on open and tolerant society.

ISOS always attracts prominent and distinguished names from all areas of politics, journalism and business; past speakers include the likes of Boris Johnson, Andrew Marr, Vince Cable and Yasmin Alibhai-Brown. It allows students to get involved with the issues discussed; after a 15-20 minute talk students have the opportunity to question the speaker, and voice their own opinions and reactions. Following the success of last October’s trial, ISOS will also be hosting a debate between two panels of experts.

The theme for March’s seminar is ‘Renewing Britain’, and will examine the difficulties and opportunities facing the UK. As always, the talks promise to be on the cutting-edge of politics and economics, whilst complementing A-level syllabi. To book a place at ISOS, please e-mail isos@adamsmith.com. Both individual and school bookings are welcome.

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