Topic: Adam Smith Institute

Prison reform and the cost of drug prohibition

The decriminalization of drugs has the potential to save the British taxpayer money, and simultaneously improve the security and health of the general public.

In deficit reduction, focus on reforming the state

Britain's Deputy Prime Minister Nick Clegg says that the coalition government's approach to deficit reduction will differ from Margaret Thatcher's cuts, avoiding confrontations, social divisions, and regional disparities.

A British capital gains tax would shrink revenue, not raise it

By making capital investment less attractive, a capital gains tax would lower British investment.

Post UK election, policies both parties may agree on

While the dueling parties still don't have a solution to the hung parliament result after the UK election, there are two policies they are likely to agree on. Will the triumphant party reach across lines to pass these measures?

In Britain, university tuition is too low

A new report argues that Britain's university tuition is to low for the institutions to remain world class.

Will Europe step in to bail out Greece?

European Union leaders gathering for a crucial summit Thursday face tough choices: come to Greece’s rescue with the first ever bail out of a eurozone state or hold back and see if Greek spending cuts and reforms can avert a default.

Why novels are best at explaining world problems