Madsen Pirie Madsen Pirie

The Adam Smith Institute’s response to change

The ASI is often described as centre-right because of its neoliberal approach to trade and its emphasis on markets and competition. It is far from a populist outlook that is anti-immigrant, anti-drugs, anti-lifestyle choice and traditionalist moral values.

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Madsen Pirie Madsen Pirie

Not a thing

In a famous, some might say infamous, interview for Woman’s Own in 1987, Prime Minister Margaret Thatcher declared:

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Tim Worstall Tim Worstall

There’s a vast value to devolution, you know?

As we keep insisting the beating heart of the very idea of a market economic system is that we get to try many - even all - things and then do more of what works and less of what doesn’t.

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Matt Kilcoyne Matt Kilcoyne

The Problem of Car Loans

The Supreme Court's rejection of Rachel Reeves' intervention in the car loan compensation case lays bare a profound crisis in British financial regulation.

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Madsen Pirie Madsen Pirie

Ten things every economist should know

Taxes on goods and services, including labour, make them more expensive. Other things being equal, on the margins people will tend to consume less of them.

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Madsen Pirie Madsen Pirie

Churn and change

When I first began to fly across the Atlantic, flights used to cost the same because the International Air Transport Association (IATA) was a price cartel.

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Tim Worstall Tim Worstall

Another triumph of Mazzonomics

It is, of course, imperative that society is driven forward by mission oriented, cross cutting, technological solution providing plans of only the sort that government can provide. Otherwise, how can anything happen? Obviously!

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Tim Worstall Tim Worstall

Degrowth isn’t going to work you know

As we’re all aware the excuse for socialism and a planned economy has changed. A century back scientific socialism was said to be more efficient than that chaos of markets and capitalism. So, a planned future would be a richer future. We also, with the benefit of hindsight, know how that worked out. It didn’t, etc.

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