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About
Home
About the ASI
Our People
Patrons, Senior Fellows and Fellows
The Next Generation Centre
About Adam Smith
The works of Adam Smith
Adam Smith Quotes
Millionaire Tracker
Tax Freedom Day
Cost of Rent Day
Dr Madsen Pirie's Memories
News
Research
Events
Under 35s
The Next Generation
Freedom Week
Enlightenment Essay Competition
School & University Visits
Gap Year at the ASI
Internships
Rand Essay Prize 2023
Economics 101
Books for Universities
Secrets of the Magna Carta Project
Careers
Blog
Store
Donate
Open Menu Close Menu

Folder: About
News
Research
Events
Folder: Under 35s
Careers
Blog
Store
Donate
Back
Home
About the ASI
Our People
Patrons, Senior Fellows and Fellows
The Next Generation Centre
About Adam Smith
The works of Adam Smith
Adam Smith Quotes
Millionaire Tracker
Tax Freedom Day
Cost of Rent Day
Dr Madsen Pirie's Memories
Back
The Next Generation
Freedom Week
Enlightenment Essay Competition
School & University Visits
Gap Year at the ASI
Internships
Rand Essay Prize 2023
Economics 101
Books for Universities
Secrets of the Magna Carta Project


USING FREE MARKETS


TO CREATE A RICHER, FREER,


HAPPIER WORLD.




OUR LATEST

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BLOG

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The Agricultural Weasel Problem
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How Industrial Strategy Killed British Industry
20 Nov 2024

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Consolidation from Consolidation
20 Nov 2024

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RESEARCH

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14 Nov 2024

New Orders: Using Development Orders to Get Britain Building
14 Nov 2024

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27 Oct 2024

Doms Away: Alternatives to the Abolition of the Non-Dom Regime
27 Oct 2024

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24 Oct 2024

Trimming Taxes: The Case for Cutting Capital Gains Tax
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Judge Dread: How Lawfare Undermines Business Confidence in the UK
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Farewell Non-Doms: How non-dom reforms can damage Britain’s finances
17 Oct 2024

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Overton Window: Policies for a Better Britain
20 Sept 2024

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FREEDOM FROM POVERTY

THROUGH MARKETS

AND ECONOMIC GROWTH

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Central to our mission is our belief that free markets work best for the poor.

No system has raised people out of poverty and given them the freedom to live
their lives as they wish like free markets have.

In politics today it is usually the poorest people who bear the brunt of the
government's worst policies in areas like education, health and welfare.

Our mission is to use free markets to end poverty in Britain and around the
world.

 * Low, simple, flat taxes that encourage investment and innovation, and hence
   economic growth.

 * A voucher-based education system that gives parents and schools complete
   freedom over how and where children are educated.

 * A privately-provided, publicly-funded healthcare system where patient
   outcomes are the focus.

 * Freedom of trade with the world and a liberal immigration system that is
   designed to work for migrants and natives alike.

 * A liberalised planning system that lets many more houses be built, so
   everyone can afford to own their own homes.

 * Free market money and an end to bailouts of private banks, in all their
   forms.

 * A simple welfare system based around a Negative Income Tax or Basic Income
   that tops up the wages of the poor and guarantees that work always pays.





Latest Research


MILLIONAIRE TRACKER

Learn more

--------------------------------------------------------------------------------


YOUNG PEOPLE ARE INHERENTLY CAPITALIST - THEY ARE ENTREPRENEURIAL,
COMMERCIALLY-MINDED AND AMBITIOUS. DESPITE THIS, ‘CAPITALISM’ IS A DIRTY WORD
FOR TOO MANY YOUNG PEOPLE.


IN ORDER TO CHANGE THIS, WE WANT TO DEMONSTRATE THAT ONLY FREE MARKETS AND A
FREE SOCIETY CAN DELIVER THE SOLUTIONS TO THE CHALLENGES THAT YOUNG PEOPLE FACE,
THROUGH EDUCATIONAL OUTREACH AND OUR NEW FELLOWSHIP PROGRAMME.


WE WANT TO BUILD LASTING RELATIONSHIPS WITH THE POLICY-MAKERS OF THE FUTURE, AND
SO WILL BE OFFERING TWELVE YOUNG WRITERS THE CHANCE TO JOIN OUR NEXT GENERATION
FELLOWSHIP PROGRAMME, GIVING THEM THE OPPORTUNITY TO PRODUCE RESEARCH ON THE
ISSUES THAT MATTER MOST TO THEM.






THE NEXT GENERATION


CENTRE




UPCOMING EVENTS





CLICK TO LEARN MORE

CELEBRATING

HAYEK’S

50TH


NOBEL PRIZE

ANNIVERSARY



This year marks the 50th year anniversary of Friedrich Hayek's Nobel Prize.

F.A. Hayek was Chair of our Academic Advisory Board and our co-founder Dr Eamonn
Butler received the Hayek Lifetime Achievement Award in 2023.

Our Chairman was the President of the Hayek Society at Oxford University, and
our Director of Research was President of the Hayek Society at LSE (London
School of Economics).

Marking the occasion is therefore not just core to our beliefs, it is also very
close to our hearts.

We strongly believe that Hayek's ideas are as relevant as ever and want the
younger generation to have the chance to be inspired by them too.

Our project aims to seize the momentum around this anniversary  to build
awareness about Hayek’s ideas with the new generation:

✍︎ Bring ideas to life: Recording high-quality video material on key ideas (the
spontaneous order, the use of information in society, the sensory order) in 2024
to post across our social media platforms (combined following of 125.1k).

✍︎ Republishing two books: ‘Hayek on the Foundation of a Free Society.’ (by our
co-founder Dr Eamonn Butler) and ‘Hayek: A Commemorative Album’.

✍︎ Hosting a seminar at the London School of Economics and a reception to
celebrate the release of our books on Hayek.

✍︎ Creation of Merchandise.

Consider donating to support the promotion of Hayeks ideas!

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Donate

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Adam Smith Institute

23 Great Smith Street, London

Hours
Monday–Friday
9am–6pm

Contact
02072224995 info@adamsmith.org

Media enquiries: 07584 778207 (Call, Text, WhatsApp 24 hour)




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Contact Us   Despatches

Adam Smith Institute, 23 Great Smith Street, London SW1P 3DJ, United
Kingdom   02072224995   info@adamsmith.org

Media enquiries: 07584 778207 (Call, Text, WhatsApp 24 hour)


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