Adam Smith Institute
The Adam Smith Institute is one of the world's leading think tanks, recognised as the best domestic and international economic policy think-tank in the UK and ranked 2nd in the world among Independent Think Tanks by the University of Pennsylvania.
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Adam Smith Institute
USING FREE MARKETS

TO CREATE A RICHER, FREER,

HAPPIER WORLD.

Our Latest

Blog

Research

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.

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

Tax Freedom

Day 2024

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

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 at the House of Lords.

✍︎ Creation of Merchandise

Consider donating to support the promotion of Hayeks ideas!

Visit Us

Adam Smith Institute

23 Great Smith Street, London

Hours

Monday–Friday

10am–6pm

Contact

02072224995 info@adamsmith.org

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