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Home About About the ASI Our People Tax Freedom Day About Adam Smith The Theory of Moral Sentiments The Wealth of Nations Fellows Adam Smith Quotes Partnered Conferences Adam Smith Lecture Dr Madsen Pirie's Memories News Research Digital Webinars Media Twitter Podcast Videos Events Students The Next Generation Freedom Week Young Writer on Liberty School & University Visits Student Conferences & Evening Lectures Internships Ten books every libertarian should read Books for Schools Books for Universities Gap Year at the ASI Secrets of the Magna Carta Project Policy Blog Careers Store Donate Subscribe to our regular eBulletin Home About About the ASI Our People Tax Freedom Day About Adam Smith The Theory of Moral Sentiments The Wealth of Nations Fellows Adam Smith Quotes Partnered Conferences Adam Smith Lecture Dr Madsen Pirie's Memories News Research Digital Webinars Media Twitter Podcast Videos Events Students The Next Generation Freedom Week Young Writer on Liberty School & University Visits Student Conferences & Evening Lectures Internships Ten books every libertarian should read Books for Schools Books for Universities Gap Year at the ASI Secrets of the Magna Carta Project Policy Blog Careers Store Donate 0 items £0 Home About About the ASI Our People Tax Freedom Day About Adam Smith The Theory of Moral Sentiments The Wealth of Nations Fellows Adam Smith Quotes Partnered Conferences Adam Smith Lecture Dr Madsen Pirie's Memories News Research Digital Webinars Media Twitter Podcast Videos Events Students The Next Generation Freedom Week Young Writer on Liberty School & University Visits Student Conferences & Evening Lectures Internships Ten books every libertarian should read Books for Schools Books for Universities Gap Year at the ASI Secrets of the Magna Carta Project Policy Blog Careers Store Donate How microschools boost educational choice and quality SCHOOL’S OUT Read on Popular homebuilding while boosting local communities BUILD ME UP, LEVEL UP Read on Boosting vaccines, injecting resilience and protecting liberty LIFE WITH COVID Read on The deep support for a United Kingdom-Australia free trade deal EVER CLOSER MATES Read on How Global Britain can lead on tobacco harm reduction and save millions of lives The Golden Opportunity Read on How the growing red tape burden undermines the rule of law and economic prosperity Ignorantia Legis Read on A fairer pathway to British citizenship Global Britons Read on Accelerating vaccinations against COVID-19 Worth a shot Read on Restoring free speech in the United Kingdom Sense & Sensitivity Read on Streamlining the Quango State Improving Britian’s governance Streamlining the Quango State Read on Free trade and free movement between Australia and the UK A Ripper Deal Read on How to restore free association and expression, combat extremism and make student unions effective State of the Unions Read on How state research spending does not stimulate innovation No to ARPA Read on Reducing restrictions on research and treatment Medicinal Use of Psilocybin Read on The case for Voluntary Remunerated Plasma Collections Bloody well pay them Read on New funding, new methods, new partnerships Fixing social care Read on How to safely unfreeze the economy and unleash British enterprise Winning the peace Read on A survey of the UK population Youngest Hardest Hit by Lockdown, Want Tax Cuts Read on The economic urgency Reopening Britain Read on The urgent need to decentralise Covid19 diagnostic testing in the United Kingdom Testing Times Read on How to save the high street by relaxing anti-competitive zoning rules High Street Heist Read on A fitting monument in London Support the F A Hayek Memorial Read on Unlocking tobacco harm reduction Up in smoke Read on Rethinking HS2 Don’t railroad it through Read on A freer and more prosperous Britain The Neoliberal manifesto Read on How Britain can help Hong Kong’s citizens Doing our duty Read on The flaws in the Bank of England’s 2018 stress tests No stress IV Read on The case for legalising body modification Free to consent Read on A roadmap for a prosperous Britain The ASI’s 10 Point Plan for Boris Read on How legalising and regulating cannabis will reduce crime, protect children and improve safety The Green Light Read on Building competition in the aviation industry Ready for Takeoff Read on The risks of internet regulation Safeguarding Progress Read on Rainer Zitelmann on the power of capitalism Why Intellectuals Don’t Like Capitalism Read on The case against Modern Monetary Theory The Magic Money Tree Read on The father of liberalism Learn about Adam Smith Read here USING FREE MARKETS TO CREATE A RICHER, FREER, HAPPIER WORLD. The Adam Smith Institute is one of the world's leading think tanks. Independent, non-profit and non-partisan, we work to promote neoliberal and free market ideas through research, publishing, media commentary, and educational programmes. The Institute is today at the forefront of making the case for free markets and a free society in the United Kingdom. Learn more FREEDOM FROM POVERTY THROUGH MARKETS AND ECONOMIC GROWTH 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, and 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. We believe in: * 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, not NHS wages, 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 home. * 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. * Free market money and an end to bailouts of private banks, in all their forms. Read more about our policy positions. Rebooting Britain PLANNING REFORM Read our work on housing and planning, including how rolling back some of the Green Belt would give us enough land for one million new houses. Read more. LOWER, FLATTER TAXES How lower, simpler, flatter taxes would give us enormous efficiency gains and create an economic boom in Britain. Learn more. READ MORE ABOUT OUR POLICY POSITIONS HERE. Practical Liberalism DRUG REFORM Drug prohibition has failed – drugs are easy to get hold of but are much more dangerous than they would be in a legalised environment. We're working with other groups to make the case for a sensible, evidence-based drugs policy that protects users and takes drugs out of the hands of criminals. Read more. FREE MARKET WELFARE The welfare state is outdated and needs reform so that it encourages work and gives people control over their own lives. We follow Milton Friedman in supporting a Negative Income Tax that tops up low-paid workers' wages and guarantees that work always pays. Read more. Into the Future From the Blog Latest Posts Nov 5, 2021 So, what are we all going to do about aviation and climate change? Nov 5, 2021 Nov 5, 2021 Nov 4, 2021 Trains aren't as green as all that you know Nov 4, 2021 Nov 4, 2021 Nov 3, 2021 If only Polly Toynbee understood matters Nov 3, 2021 Nov 3, 2021 Nov 2, 2021 If only there were some system of deciding what to do here Nov 2, 2021 Nov 2, 2021 Events & Research UPCOMING EVENTS Featured Nov 9 Nov 9, 2021 Recovering Stolen and Looted Art Nov 9, 2021 Nov 9, 2021 Nov 23 Nov 23, 2021 Ayn Rand Lecture 2021 with Luke Johnson Nov 23, 2021 Nov 23, 2021 LATEST RESEARCH Featured Oct 26, 2021 Draining Our Pockets: How the global tax cartel could cost Britons billions Oct 26, 2021 Oct 26, 2021 Oct 21, 2021 School’s Out: How microschools boost educational choice and quality Oct 21, 2021 Oct 21, 2021 Oct 13, 2021 Submission: Competition and Markets Authority's Facebook, Inc / Giphy, Inc merger inquiry Oct 13, 2021 Oct 13, 2021 Learn about Adam Smith THE THEORY OF MORAL SENTIMENTS Read about Adam Smith's main work of moral philosophy, which argued that man's regard for himself underpins his regard for others. Read more → THE LIFE OF ADAM SMITH Adam Smith lived during the Scottish Enlightenment alongside such other greats as David Hume, and he can only be understood as a product of this time. Read more → THE WEALTH OF NATIONS Smith's magnum opus, the foundation of modern economic and liberal thought, still enlightens readers today. Read more → The Entrepreneurs Network The Entrepreneurs Network is the Adam Smith Institute's sister think tank, for the ambitious owners of Britain’s fastest growing businesses and aspirational entrepreneurs. Through research, events and the media, it bridges the gap between entrepreneurs and policymakers to help make Britain the best place in the world to start and grow a business. It supports entrepreneurs by: * Producing cutting-edge research outlining the benefits of easing unnecessary burdens upon enterprise; * Hosting regular events to bridge the gap between the aspirations of the entrepreneurial community and policy makers; * Building a network of entrepreneurs who are keen to improve the public policy debate; * Championing entrepreneurship and making the case for a more entrepreneurial society. Find out more. SUBSCRIBE TO OUR EBULLETIN Email Address Sign Up Thank you! Back to Top Contact Us Despatches Adam Smith Institute, 23 Great Smith Street, London SW1P 3DJ, United Kingdom02072224995info@adamsmith.org Media enquiries: 07584 778207 (Call only, 24 hour)