Blog - Adam Smith Institute

We’ve been insisting, over the decades, that anything that solves climate change solves climate change. Rather than the government’s usual insistence that only things that conform to their plan solve climate change. This is why we’ve been so insistent - over those decades - that the solution is to price the externality and then see what the market comes up with as that soluti...

Seems like an interesting result, doesn’t it?

Hotel prices have surged in key European cities as hundreds of thousands of tourists flock to see the first total eclipse visible from the continent this cen...

It’s a standard claim over to the left of us that the National Health Service requires a 4% real increase in budget each and every year. This is just to stand still, d’ye see? This is because of Baumol’s Cost Disease. Wages rise according to changes in average productivity, it’s easier to increase productivity in manufacturing therefore services, as a country gets richer, ris...

One of the proofs of a reasonable - even reasoned - worldview is that it is consistent. If a means b then that is required to hold over different applications of that insistence that a means b. If in one application it is instead insisted that no, a does not mean b then this is not a reasoned worldview it is, instead, just the two year old shrieking for what

Just one of those little thoughts that pops up:

The Global Justice Report is the first attempt to propose a fully quantified plan for this transition. It combines four dimensions that today’s de...