Adam Smith Inst Uk

<font size="4" face="Times New Roman">=</font><div><font size="4" face="Times New Roman">presumably merely franchising of rwi humbuggery, note scots, hilsdale college</font></div><div><font size="4" face="Times New Roman">=</font></div><div><div><font size="4" face="Times New Roman">=</font></div><div><div class="Z26q7c UK95Uc jGGQ5e" data-header-feature="0" style="background-color: rgb(255, 255, 255); contain: layout paint; overflow: hidden; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://www.opendemocracy.net/en/liz-truss-kwasi-kwarteng-mini-budget-think-tanks/" data-ved="2ahUKEwipqoyis_L6AhVpomoFHdrpCD4QFnoECAoQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.opendemocracy.net/en/liz-truss-kwasi-kwarteng-mini-budget-think-tanks/&ved=2ahUKEwipqoyis_L6AhVpomoFHdrpCD4QFnoECAoQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font face="Times New Roman" color="#000000" size="4">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: 400; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://www.opendemocracy.net/en/liz-truss-kwasi-kwarteng-mini-budget-think-tanks/" data-ved="2ahUKEwipqoyis_L6AhVpomoFHdrpCD4QFnoECAoQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.opendemocracy.net/en/liz-truss-kwasi-kwarteng-mini-budget-think-tanks/&ved=2ahUKEwipqoyis_L6AhVpomoFHdrpCD4QFnoECAoQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font face="Times New Roman" color="#000000" size="4">Liz Truss's think tank allies said mini-budget was 'fantastic'</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://www.opendemocracy.net<span class="dyjrff qzEoUe" role="text"> › liz-truss-kwasi-kwart...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" /></cite></font></div><div class="eFM0qc" style="display: inline-flex; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-frm="true" data-isdesktop="true" jsdata="l7Bhpb;;CDR9y4 cECq7c;;CDR9y8" data-ved="2ahUKEwipqoyis_L6AhVpomoFHdrpCD4Q2esEegQIChAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: currentcolor; height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><font size="4" face="Times New Roman"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg" /></font></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" data-ved="2ahUKEwipqoyis_L6AhVpomoFHdrpCD4Qh-4GegQIChAF" /></font></div></div></div></div></div></div><div class="Z26q7c UK95Uc" data-content-feature="1" style="background-color: rgb(255, 255, 255); contain: layout paint; overflow: hidden; flex: 0 0 auto;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman"><span class="MUxGbd wuQ4Ob WZ8Tjf" style="padding-top: 0px; margin-bottom: 0px;">Sep 29, 2022 — </span><span style="font-weight: bold;">Truss's</span> think tank backers said her mini-<span style="font-weight: bold;">budget</span> would get the economy ... None of the think tanks discloses its funders, but the <span style="font-weight: bold;">IE</span></font></div></div></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">when the UK’s new chancellor, Kwasi Kwarteng, announced a raft of tax cuts for high earners last week in his mini-budget, the response from the markets was damning. The pound fell to its lowest level against the dollar since decimalisation, and the cost of government borrowing jumped sharply.</font></div><div><font size="4" face="Times New Roman">
</font></div><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">But the announcements were cheered on by a group of secretive think tanks closely connected to Liz Truss and her advisers. After years of lobbying, a Conservative government had finally adopted their proposals to scrap the top rate of income tax, remove the cap on bankers’ bonuses, shelve a planned rise in corporation tax, and pledge a fresh crackdown on unions.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 153, 0);"><b>The Adam Smith Institute,</b> where Truss’s political secretary Sophie Jarvis was head of government affairs, <a href="https://www.adamsmith.org/news/the-adam-smith-institute-responds-to-the-chancellors-mini-budget" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">said</a> the plans were “a welcome first step to getting the British economy back on track”.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">The mood was particularly buoyant at the <b>Institute of Economic Affairs (IEA</b>), whose director general Mark Littlewood greeted the announcement by <a href="https://iea.org.uk/media/iea-responds-to-mini-budget-statement/" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">claiming</a>: “This isn’t a trickle-down budget – it’s a boost-up budget."</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><span style="background-color: rgb(255, 255, 102);"><font size="4" face="Times New Roman">truss and Kwarteng have faced accusations that their proposals are inspired by ‘trickle-down economics’, a term for a set of policies adopted by the former US president Ronald Reagan that cut taxes for the richest in the belief that wealth would then filter down to the poorest. The theory has been discredited <a href="https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2016/12/31/Causes-and-Consequences-of-Income-Inequality-A-Global-Perspective-42986" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">by both the International Monetary Fund</a> and <a href="https://academiccommons.columbia.edu/doi/10.7916/d8-gjpw-1v31" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">Nobel Prize-winning economist Joseph Stiglitz</a>.</font></span></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 153, 0);">None of the think tanks discloses its funders, but the IEA has received donations from <a href="https://www.desmog.com/institute-economic-affairs/" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">BP and ExxonMobil</a> and, along with the Adam Smith Institute and the Centre for Policy Studies, <a href="https://www.desmog.com/adam-smith-institute/" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">the tobacco industry</a>. The IEA and the<b> Adam Smith Institute</b> have also <a href="https://www.opendemocracy.net/en/dark-money-investigations/think-tanks-adam-smith-policy-exchange-legatum-iea-taxpayers-alliance-climate-denial/" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">received millions of dollars from US funders of climate denial</a>.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">Later, speaking at a post-budget briefing, Littlewood was asked by journalists if he was anxious about his policies being put to the test.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">“We don't write policy ideas just for them to sit on the shelf – we write them in the hope that one day they're enacted,” he said. But he also admitted that: “If it turns out that these don’t work, I think the IEA has got a lot of hard thinking to do.”</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">Tim Montgomerie, a former adviser to Boris Johnson, <a href="https://twitter.com/montie/status/1573238591496634370?s=46&t=hkoeHmoAp9gZwAsVjmTEnw" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">wrote on Twitter</a> that the budget was a “massive moment for the IEA”. “They’ve been advocating these policies for years,” he said. “They incubated Truss and Kwarteng during their early years as MPs. Britain is now their laboratory.”</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 153, 0);">Truss is particularly close to the IEA, having founded its parliamentary wing FREER in 2011 and hired its former communications director Ruth Porter to run her campaign, later rewarding her by <a href="https://www.politico.eu/article/team-truss-downing-street-cabinet/" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">making her deputy chief of staff</a>.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The <b>Taxpayers’ Alliance</b>, which once shared a Westminster office with the IEA, <a href="https://www.taxpayersalliance.com/budget_analysis_faster_growth_now_estimated_to_raise_gdp_by_almost_100_billion_over_a_decade" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">predicted</a> that the budget would boost economic output by £99bn over the next ten years and said it was the “most taxpayer-friendly budget in recent memory.”</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">The economic projections were produced in collaboration with another think tank, Europe Economics. Andrew Lilco, the organisation’s executive director, <a href="https://leftfootforward.org/2022/09/economist-who-backs-liz-truss-says-i-dont-care-about-equality-issues-i-have-no-interest-in-equality/" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">was later asked</a> to respond to criticism that the <span style="background-color: rgb(255, 255, 102);">budget would benefit the rich more than the poor in an interview on Sky News. </span></font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">“I have no interest in equality. I think it’s an incorrect policy objective. I don’t think it’s morally or economically sound as a policy objective,” he said.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman"><b>The <span style="background-color: rgb(255, 153, 0);">Centre for Policy Studies</span>, a think tank co-founded by former Conservative PM Margaret Thatcher, also claimed credit for many of the policies announced in Kwarteng’s budget.</b></font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">Tom Clougherty,<span style="background-color: rgb(255, 153, 0);"> its ‘head of tax’, said on the <a href="https://www.youtube.com/watch?v=hHOl-uCXq2g" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">IEA’s podcast</a> earlier this week that: “I think that frankly both the overall message and the specific announcements contained within [the mini-budget] are fantastic. Exactly what we would have hoped for and what people like us have been calling for for a long time.</span>”</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">The reaction from the markets and financial institutions has been in stark contrast to the celebratory rhetoric from Truss’s allies.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman"><b>On Wednesday, the International Monetary Fund issued a stinging rebuke of the government’s tax cuts and called on the prime minister to reconsider them to prevent increasing inequality. </b></font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The United Nations fund, which monitors the international monetary system to identify risks and recommend economic policies, said the budget could undermine efforts to tackle already rampant inflation.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman"><b>With turmoil continuing since Friday, the Bank of England was forced to step in to calm the markets. The same day, the bank announced it would buy £65bn of government bonds over the next fortnight as fears grew that pension funds could be affected. </b></font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">The former Bank of England governor Mark Carney later accused the government of “undercutting” financial institutions and said its tax-cutting measures were “working at some cross-purposes” with the bank.</font></p><p style="box-sizing: inherit; margin: 0px 0px 2rem; line-height: 1.86667rem; -webkit-font-smoothing: antialiased;"><font size="4" face="Times New Roman">Speculation that the central bank will now increase interest rates to nearly 6% has prompted <a href="https://www.theguardian.com/money/2022/sep/27/uk-mortgage-deals-pulled-pound-rate-rise" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">nearly 300 mortgage deals to be pulled by lenders</a>. Millions of existing mortgage holders could now also <a href="https://edition.cnn.com/2022/09/27/economy/uk-mortgage-rate-increase/index.html" style="box-sizing: inherit; letter-spacing: 0px; font-weight: inherit; text-underline-position: under; line-height: 1.47; -webkit-font-smoothing: antialiased; word-break: break-word;">face huge hikes to their monthly repayments</a>.</font></p><div><font size="4" face="Times New Roman">
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</font></div><div><font size="4" face="Times New Roman">sw</font></div><div><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The <b>Adam Smith Institute</b> (ASI), based in London, has been a major force for the introduction of market-based policies in Britain. It operates as a UK <a href="http://www.sourcewatch.org/index.php/Think_tank" title="Think tank" class="mw-redirect" style="text-decoration: none; background: none;">think tank</a>.</font></p><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);" /><div id="toc" class="toc" style="border: 1px solid rgb(170, 170, 170); padding: 7px; display: table; zoom: 1; line-height: 19.2px; background-color: rgb(249, 249, 249);"><div id="toctitle" style="direction: ltr; text-align: center;"><font size="4" face="Times New Roman">
</font></div><ul style="line-height: 1.5em; list-style-type: none; margin: 0.3em 0px 0.5em; padding: 0px; list-style-image: none;"><li class="toclevel-1 tocsection-1" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#Name_confusion" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">1</span> <span class="toctext">Name confusion</span></font></a></li><li class="toclevel-1 tocsection-2" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#History" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">2</span> <span class="toctext">History</span></font></a></li><li class="toclevel-1 tocsection-3" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#Tobacco_industry_involvement" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">3</span> <span class="toctext">Tobacco industry involvement</span></font></a></li><li class="toclevel-1 tocsection-4" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#Staff" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">4</span> <span class="toctext">Staff</span></font></a><ul style="line-height: 1.5em; list-style-type: none; margin: 0px 0px 0px 2em; padding: 0px; list-style-image: none;"><li class="toclevel-2 tocsection-5" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#ASI_Fellows" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">4.1</span> <span class="toctext">ASI Fellows</span></font></a></li><li class="toclevel-2 tocsection-6" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#Former_personnel" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">4.2</span> <span class="toctext">Former personnel</span></font></a></li></ul></li><li class="toclevel-1 tocsection-7" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#Affiliation" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">5</span> <span class="toctext">Affiliation</span></font></a></li><li class="toclevel-1 tocsection-8" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#Contact_details" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">6</span> <span class="toctext">Contact details</span></font></a></li><li class="toclevel-1 tocsection-9" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#Articles_and_resources" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">7</span> <span class="toctext">Articles and resources</span></font></a><ul style="line-height: 1.5em; list-style-type: none; margin: 0px 0px 0px 2em; padding: 0px; list-style-image: none;"><li class="toclevel-2 tocsection-10" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#Related_SourceWatch_articles" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">7.1</span> <span class="toctext">Related SourceWatch articles</span></font></a></li><li class="toclevel-2 tocsection-11" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#References" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">7.2</span> <span class="toctext">References</span></font></a></li><li class="toclevel-2 tocsection-12" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#External_resources" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">7.3</span> <span class="toctext">External resources</span></font></a></li><li class="toclevel-2 tocsection-13" style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#External_articles" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000"><span class="tocnumber">7.4</span> <span class="toctext">External articles</span></font></a></li></ul></li></ul></div><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);" /><h2 style="font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom: 1px solid rgb(170, 170, 170); line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="Name_confusion"><font size="4" face="Times New Roman">Name confusion</font></span></h2><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">In the early 1990s, the Institute extensively licensed and sold its name around the world. <a rel="nofollow" class="external text" href="http://www.iir-global.com/" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">IIR</a>, the world's largest conference company, has the rights to the name Adam Smith Institute in Russia. In Western Europe, <a rel="nofollow" class="external text" href="http://www.marketforce.eu.com/" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">Marketforce Communications Ltd</a> has the right to organize conferences under the ASI name. At one point Business Seminars International Ltd had a license to use the ASI name.</font></p><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Confusion abounded after a commercial consultancy firm, Adam Smith International Limited, which had been using the Institute's name started bidding for contracts from the Department for International Development. (An example of the work including the <a href="http://www.sourcewatch.org/index.php/Reconstruction_of_Iraq_contractors" title="Reconstruction of Iraq contractors" style="text-decoration: none; background: none;">Reconstruction of Iraq contractors</a>working as part of the <a rel="nofollow" class="external text" href="http://www.adamsmithinternational.com/" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">Iraq Public Administration Reform Programme</a>.) It led the former Communications Director of the <a href="http://www.sourcewatch.org/index.php/Foreign_Policy_Centre" title="Foreign Policy Centre" style="text-decoration: none; background: none;">Foreign Policy Centre</a>,<i>Rob Blackhurst</i> in the <a rel="nofollow" class="external text" href="http://www.newstatesman.com/" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">New Statesman</a> to write: "...The Adam Smith Institute - once the informal common room of Conservative Central Office - courted the new government in 1997 with seminars on "how to achieve Labour's goals". Now the government is the institute's biggest funder, paying more than £7m out of the overseas aid budget last year for advice on "public sector reform" in developing countries such as Afghanistan and Palestine..."<sup id="cite_ref-1" class="reference" style="line-height: 1em; unicode-bidi: -webkit-isolate;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_note-1" style="text-decoration: none; white-space: nowrap; background: none;">[1]</a></sup> None of this £7m actually found its way to the Adam Smith Institute.</font></p><h2 style="font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom: 1px solid rgb(170, 170, 170); line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="History"><font size="4" face="Times New Roman">History</font></span></h2><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px;"><font size="4" face="Times New Roman" style=""><a href="http://www.sourcewatch.org/index.php/Madsen_Pirie" title="Madsen Pirie" style="background: none; text-decoration: none;">Madsen Pirie</a><span style="background-color: rgb(255, 255, 255);">, </span><a href="http://www.sourcewatch.org/index.php/Eamonn_Butler" title="Eamonn Butler" style="background: none; text-decoration: none;">Eamonn Butler</a><span style="background-color: rgb(255, 255, 255);"> and </span><a href="http://www.sourcewatch.org/index.php/Stuart_Butler" title="Stuart Butler" style="background: none; text-decoration: none;">Stuart Butler</a><span style="background-color: rgb(255, 255, 255);"> were students together at University of St Andrews, Scotland.</span><span style="background-color: rgb(255, 255, 102);"> In 1973, they left Scotland to work with <a href="http://www.sourcewatch.org/index.php?title=Edward_Feulner&action=edit&redlink=1" class="new" title="Edward Feulner (page does not exist)" style="background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; text-decoration: none;">Edward Feulner</a>, an Senator from the State of Illinois who became co-founder of the free-market <a href="http://www.sourcewatch.org/index.php/Think_tank" title="Think tank" class="mw-redirect" style="background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; text-decoration: none;">think tank</a> the <a href="http://www.sourcewatch.org/index.php/Heritage_Foundation" title="Heritage Foundation" style="background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; text-decoration: none;">Heritage Foundation</a>, in 1973.</span></font></p><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px;"><font size="4" face="Times New Roman" style=""><span style="background-color: rgb(255, 255, 102);">After their apprenticeship in America, Pirie and Butler returned to Scotland in 1977 to found their own think tank, the <strong class="selflink" style="">Adam Smith Institute</strong>, set up with the help of <a href="http://www.sourcewatch.org/index.php/Antony_Fisher" title="Antony Fisher" style="background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; text-decoration: none;">Antony Fisher</a> of the <a href="http://www.sourcewatch.org/index.php/Institute_of_Economic_Affairs" title="Institute of Economic Affairs" style="background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; text-decoration: none;">Institute of Economic Affairs</a></span><span style="background-color: rgb(255, 255, 255);">.[2]</span></font></p><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The ASI was influential in publishing papers <b>outlining the fundamentals of the poll tax between 1981 and 1985, instituted by the British government in 1991.</b><sup class="noprint Template-Fact" style="line-height: 1em;"><span title="This claim needs references to reliable sources" style="white-space: nowrap;">[]</span></sup></font></p><h2 style="font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom: 1px solid rgb(170, 170, 170); line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="Tobacco_industry_involvement"><font size="4" face="Times New Roman">Tobacco industry involvement</font></span></h2><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">According to an internal <a href="http://www.sourcewatch.org/index.php/Philip_Morris" title="Philip Morris" class="mw-redirect" style="text-decoration: none; background: none;">Philip Morris</a> report on the influence of the Adam Smith Institute, a series of specific points in ASI proposals have become policy and been<b> enacted into law</b>.<sup id="cite_ref-2" class="reference" style="line-height: 1em; unicode-bidi: -webkit-isolate;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_note-2" style="text-decoration: none; white-space: nowrap; background: none;">[2]</a></sup> These include:</font></p><ul style="line-height: 19.2px; margin: 0.3em 0px 0.5em 1.6em; padding: 0px; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII="); background-color: rgb(255, 255, 255);"><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">requiring local authorities to allow<b> private contractors</b> to perform city services</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">building public infrastructure using private finance</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">deregulating urban bus services</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">cutting income tax to a maximum of 40%</font></li><li style="margin-bottom: 0.1em;"><b><font size="4" face="Times New Roman">using private firms to build and operate prisons</font></b></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">Liberalizing laws relating to sale and consumption of alcohol</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">keeping down duties on <b>alcohol and tobacco</b></font></li></ul><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 255);">According to an 1992 internal PM memo written b</span><span style="background-color: rgb(255, 255, 102);">y <a href="http://www.sourcewatch.org/index.php/Craig_Fuller" title="Craig Fuller" style="text-decoration: none; background-image: none; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Craig Fuller</a> of Philip Morris, PM worked with ASI on creating an international center to train journalists to be "idealogically consistent with PM's issues and interests."</span><span style="background-color: rgb(255, 255, 255);"> <b>The journalist training center model was based on a similar program successfully implemented at the PM-supported </b></span><a href="http://www.sourcewatch.org/index.php/National_Journalism_Center" title="National Journalism Center" style="text-decoration: none; background: none;"><b>National Journalism Center</b></a><span style="background-color: rgb(255, 255, 255);"><b> </b>in Washington, D.C.</span><sup id="cite_ref-3" class="reference" style="line-height: 1em; unicode-bidi: -webkit-isolate; background-color: rgb(255, 255, 255);"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_note-3" style="text-decoration: none; white-space: nowrap; background: none;">[3]</a></sup></font></p><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The Confederation of European Community Cigarette Manufacturers (CECCM) used ASI to coordinate projects to oppose European tobacco control initiatives. In 1992 the CCEM's board gathered to considered hosw to respond to restrictions proposed by the European Commission. The board's agenda listed for discussion a "two-phased Adam Smith Institute project on a counter-defence of the traditional values of European individual freedom - within a special project budget of £30,000."<sup id="cite_ref-4" class="reference" style="line-height: 1em; unicode-bidi: -webkit-isolate;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_note-4" style="text-decoration: none; white-space: nowrap; background: none;">[4]</a></sup></font></p><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">CCEM's Advertising and Sponsorship Study Group recommended to the board that it fund two reports to help defend the industry.</font></p><dl style="margin-top: 0.2em; margin-bottom: 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><dd style="line-height: 1.5em; margin-left: 1.6em; margin-bottom: 0.1em; margin-right: 0px;"><font size="4" face="Times New Roman">"The first proposal was for an Adam Smith institute (AS1) report by Russell Lewis and Timothy Evans of some 20,000 to 25,000 wards, a draft of which could be available by the end of November 1992. The report would position the EC anti-tobacco proposals in the context of a host of proposals which progressively restrict personal freedom, and present a punitive counter-argument for the traditional values of European individual freedom. The AS] has agreed in principle to adopt the proposed report and effectively to market it as an ASI report The ASI has contacts with a number or institutes across Europe and will attempt, if required, a collaborative public relations campaign on the report; its tobacco report may therefore be expected to generate substantial press and media coverage.<sup id="cite_ref-5" class="reference" style="line-height: 1em; unicode-bidi: -webkit-isolate;"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_note-5" style="text-decoration: none; white-space: nowrap; background: none;">[5]</a></sup></font></dd></dl><h2 style="font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom: 1px solid rgb(170, 170, 170); line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="Staff"><font size="4" face="Times New Roman">Staff</font></span></h2><ul style="line-height: 19.2px; margin: 0.3em 0px 0.5em 1.6em; padding: 0px; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII="); background-color: rgb(255, 255, 255);"><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Eamonn_Butler" title="Eamonn Butler" style="text-decoration: none; background: none;">Eamonn Butler</a>, Director</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Madsen_Pirie" title="Madsen Pirie" style="text-decoration: none; background: none;">Madsen Pirie</a>, President</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Tom_Clougherty&action=edit&redlink=1" class="new" title="Tom Clougherty (page does not exist)" style="text-decoration: none; background: none;">Tom Clougherty</a>, executive director</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Philip_Salter&action=edit&redlink=1" class="new" title="Philip Salter (page does not exist)" style="text-decoration: none; background: none;">Philip Salter</a>, development director</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Steve_Bettison&action=edit&redlink=1" class="new" title="Steve Bettison (page does not exist)" style="text-decoration: none; background: none;">Steve Bettison</a>, Operations Director</font></li></ul><h3 style="margin: 0px 0px 0.3em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-style: none; line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="ASI_Fellows"><font size="4" face="Times New Roman">ASI Fellows</font></span></h3><ul style="line-height: 19.2px; margin: 0.3em 0px 0.5em 1.6em; padding: 0px; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII=");"><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Tim_Ambler&action=edit&redlink=1" class="new" title="Tim Ambler (page does not exist)" style="text-decoration: none; background: none;">Tim Ambler</a>, Fellow, Regulation</font></li><li style="margin-bottom: 0.1em;"><span style="background-color: rgb(255, 255, 102);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Vaclav_Klaus" title="Vaclav Klaus" style="text-decoration: none; background-image: none; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;"><b>Vaclav Klaus</b></a>, International Fellow</font></span></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=James_Bartholomew&action=edit&redlink=1" class="new" title="James Bartholomew (page does not exist)" style="text-decoration: none; background: none;">James Bartholomew</a>, Fellow, Welfare</font></li><li style="margin-bottom: 0.1em;"><span style="background-color: rgb(255, 255, 102);"><font size="4" face="Times New Roman">Professor <a href="http://www.sourcewatch.org/index.php/Deepak_Lal" title="Deepak Lal" style="text-decoration: none; background-image: none; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Deepak Lal</a>, Senior Fellow, Globalization</font></span></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Keith_Boyfield" title="Keith Boyfield" style="text-decoration: none; background: none;">Keith Boyfield</a>, Senior Fellow, Regulation</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Ruth_Lea" title="Ruth Lea" style="text-decoration: none; background: none;">Ruth Lea</a>, Senior Fellow, Economy</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Patrick_Crozier&action=edit&redlink=1" class="new" title="Patrick Crozier (page does not exist)" style="text-decoration: none; background: none;">Patrick Crozier</a>, Fellow, Transport</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Cecile_Philippe&action=edit&redlink=1" class="new" title="Cecile Philippe (page does not exist)" style="text-decoration: none; background: none;">Cecile Philippe</a>, International Fellow</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Dr <a href="http://www.sourcewatch.org/index.php?title=Helen_Evans&action=edit&redlink=1" class="new" title="Helen Evans (page does not exist)" style="text-decoration: none; background: none;">Helen Evans</a>, Fellow, Heathcare</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Ian_Senior&action=edit&redlink=1" class="new" title="Ian Senior (page does not exist)" style="text-decoration: none; background: none;">Ian Senior</a>, Fellow, Industry</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Dr <a href="http://www.sourcewatch.org/index.php/Tim_Evans" title="Tim Evans" style="text-decoration: none; background: none;">Tim Evans</a>, Senior Fellow, Personal Liberties</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=James_B.Stanfield&action=edit&redlink=1" class="new" title="James B. Stanfield (page does not exist)" style="text-decoration: none; background: none;">James B. Stanfield</a>, Fellow, Education</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Dr <a href="http://www.sourcewatch.org/index.php?title=Michael_Goldsmith&action=edit&redlink=1" class="new" title="Michael Goldsmith (page does not exist)" style="text-decoration: none; background: none;">Michael Goldsmith</a>, Senior Fellow, Healthcare</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Gabriel_Stein" title="Gabriel Stein" style="text-decoration: none; background: none;">Gabriel Stein</a>, Senior Fellow, Taxation</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Nigel_Hawkins&action=edit&redlink=1" class="new" title="Nigel Hawkins (page does not exist)" style="text-decoration: none; background: none;">Nigel Hawkins</a>, Senior Fellow, Energy</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Richard_Teather&action=edit&redlink=1" class="new" title="Richard Teather (page does not exist)" style="text-decoration: none; background: none;">Richard Teather</a>, Fellow, Taxation</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Professor <a href="http://www.sourcewatch.org/index.php?title=John_Hibbs&action=edit&redlink=1" class="new" title="John Hibbs (page does not exist)" style="text-decoration: none; background: none;">John Hibbs</a> OBE, Fellow, Transport</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Eben_Wilson&action=edit&redlink=1" class="new" title="Eben Wilson (page does not exist)" style="text-decoration: none; background: none;">Eben Wilson</a>, Senior Fellow, Communications and Culture</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Dr <a href="http://www.sourcewatch.org/index.php?title=Terence_Kealey&action=edit&redlink=1" class="new" title="Terence Kealey (page does not exist)" style="text-decoration: none; background: none;">Terence Kealey</a>, Senior Fellow, Education</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Tim_Worstall&action=edit&redlink=1" class="new" title="Tim Worstall (page does not exist)" style="text-decoration: none; background: none;">Tim Worstall</a>, Fellow, Environment</font></li><li style="margin-bottom: 0.1em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Professor <a href="http://www.sourcewatch.org/index.php?title=Gavin_Kennedy&action=edit&redlink=1" class="new" title="Gavin Kennedy (page does not exist)" style="text-decoration: none; background: none;">Gavin Kennedy</a>, Fellow, Adam Smith</font></li></ul><h3 style="margin: 0px 0px 0.3em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-style: none; line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="Former_personnel"><font size="4" face="Times New Roman">Former personnel</font></span></h3><ul style="line-height: 19.2px; margin: 0.3em 0px 0.5em 1.6em; padding: 0px; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII="); background-color: rgb(255, 255, 255);"><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Matthew_Young" title="Matthew Young" style="text-decoration: none; background: none;">Matthew Young</a>, Director of Special Projects</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Alex_Singleton" title="Alex Singleton" style="text-decoration: none; background: none;">Alex Singleton</a> Fellow and former Research Director</font></li></ul><h2 style="font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom: 1px solid rgb(170, 170, 170); line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="Affiliation"><font size="4" face="Times New Roman">Affiliation</font></span></h2><ul style="line-height: 19.2px; margin: 0.3em 0px 0.5em 1.6em; padding: 0px; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII="); background-color: rgb(255, 255, 255);"><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php/Adam_Smith_International" title="Adam Smith International" style="text-decoration: none; background: none;">Adam Smith International</a> - a consulting offshoot of the institute but no longer directly associated with it.</font></li></ul><h2 style="font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom: 1px solid rgb(170, 170, 170); line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="Contact_details"><font size="4" face="Times New Roman">Contact details</font></span></h2><p style="margin: 0.4em 0px 0.5em; line-height: 19.2px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Adam Smith Institute
23 Great Smith Street
London SW1P 3BL
Tel +44 (0)20 7222 4995
Fax: +44 (0)20 7222 7544
Web: <a rel="nofollow" class="external free" href="http://www.adamsmith.org/" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">http://www.adamsmith.org/</a></font></p><h2 style="font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom: 1px solid rgb(170, 170, 170); line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="Articles_and_resources"><font size="4" face="Times New Roman">Articles and resources</font></span></h2><h3 style="margin: 0px 0px 0.3em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-style: none; line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="Related_SourceWatch_articles"><font size="4" face="Times New Roman">Related SourceWatch articles</font></span></h3><ul style="line-height: 19.2px; margin: 0.3em 0px 0.5em 1.6em; padding: 0px; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII="); background-color: rgb(255, 255, 255);"><li style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php/Adam_Smith_International" title="Adam Smith International" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000">Adam Smith International</font></a></li><li style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php/Think_tanks" title="Think tanks" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000">Think tanks</font></a></li><li style="margin-bottom: 0.1em;"><a href="http://www.sourcewatch.org/index.php/Tobacco_industry" title="Tobacco industry" style="text-decoration: none; background: none;"><font size="4" face="Times New Roman" color="#000000">Tobacco industry</font></a></li></ul><h3 style="margin: 0px 0px 0.3em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-style: none; line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="References"><font size="4" face="Times New Roman">References</font></span></h3><ol class="references" style="line-height: 19.2px; margin: 0.3em 0px 0.5em 3.2em; padding: 0px; list-style-image: none; background-color: rgb(255, 255, 255);"><li id="cite_note-1" style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><span class="mw-cite-backlink"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_ref-1" style="text-decoration: none; background: none;"><span class="cite-accessibility-label" style="top: -99999px; clip: rect(1px 1px 1px 1px); overflow: hidden; position: absolute !important; padding: 0px !important; border: 0px !important; height: 1px !important; width: 1px !important;">Jump up</span>↑</a></span> <span class="reference-text">Rob Blackhurst, "<a rel="nofollow" class="external text" href="http://www.newstatesman.com/200501310024" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">The sad decline of the policy wonks</a>", <i>New Statesman</i>, January 31, 2005.</span></font></li><li id="cite_note-2" style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><span class="mw-cite-backlink"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_ref-2" style="text-decoration: none; background: none;"><span class="cite-accessibility-label" style="top: -99999px; clip: rect(1px 1px 1px 1px); overflow: hidden; position: absolute !important; padding: 0px !important; border: 0px !important; height: 1px !important; width: 1px !important;">Jump up</span>↑</a></span> <span class="reference-text">Philip Morris, "<a rel="nofollow" class="external text" href="http://legacy.library.ucsf.edu/cgi/getdoc?tid=dbp83c00&fmt=gif&ref=results" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">The Influence of the Adam Smith Institute</a>", Legacy Tobacco Documents Library, Bates No 2065244208, December 1994 (estimated).</span></font></li><li id="cite_note-3" style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><span class="mw-cite-backlink"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_ref-3" style="text-decoration: none; background: none;"><span class="cite-accessibility-label" style="top: -99999px; clip: rect(1px 1px 1px 1px); overflow: hidden; position: absolute !important; padding: 0px !important; border: 0px !important; height: 1px !important; width: 1px !important;">Jump up</span>↑</a></span> <span class="reference-text">Craig Fuller <a rel="nofollow" class="external text" href="http://legacy.library.ucsf.edu/tid/fys24e00" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">"January Monthly Report"</a>, Memo, February 4, 1992, Bates Number 2024671858/1861.</span></font></li><li id="cite_note-4" style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><span class="mw-cite-backlink"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_ref-4" style="text-decoration: none; background: none;"><span class="cite-accessibility-label" style="top: -99999px; clip: rect(1px 1px 1px 1px); overflow: hidden; position: absolute !important; padding: 0px !important; border: 0px !important; height: 1px !important; width: 1px !important;">Jump up</span>↑</a></span> <span class="reference-text">Confederation of European Community Cigarette Manufacturers Limited, <a rel="nofollow" class="external text" href="http://bat.library.ucsf.edu/tid/plh30a99" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">"Board Meeting to be held at 1000am on Tuesday, 8 September 1992"</a>, page 2. Bates number:500002882-500002883.</span></font></li><li id="cite_note-5" style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman"><span class="mw-cite-backlink"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute#cite_ref-5" style="text-decoration: none; background: none;"><span class="cite-accessibility-label" style="top: -99999px; clip: rect(1px 1px 1px 1px); overflow: hidden; position: absolute !important; padding: 0px !important; border: 0px !important; height: 1px !important; width: 1px !important;">Jump up</span>↑</a></span> <span class="reference-text">Confederation of European Community Cigarette Manufacturers Limited, <a rel="nofollow" class="external text" href="http://bat.library.ucsf.edu/tid/iwh30a99" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">"Minutes in extenso of board Meeting held at 10 00 a. m. on Tuesday, 8 September 1992"</a>, page 7. Bates Number 301151511.</span></font></li></ol><h3 style="margin: 0px 0px 0.3em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-style: none; line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="External_resources"><font size="4" face="Times New Roman">External resources</font></span></h3><ul style="line-height: 19.2px; margin: 0.3em 0px 0.5em 1.6em; padding: 0px; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII="); background-color: rgb(255, 255, 255);"><li style="margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://www.adamsmith.org/" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;"><font size="4" face="Times New Roman" color="#000000">Adam Smith Institute</font></a></li><li style="margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://www.adamsmith.org/blog/" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;"><font size="4" face="Times New Roman" color="#000000">Adam Smith Institute Blog</font></a></li></ul><h3 style="margin: 0px 0px 0.3em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-style: none; line-height: 19.2px; background: none rgb(255, 255, 255);"><span class="mw-headline" id="External_articles"><font size="4" face="Times New Roman">External articles</font></span></h3><ul style="line-height: 19.2px; margin: 0.3em 0px 0.5em 1.6em; padding: 0px; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANAQMAAABb8jbLAAAABlBMVEX///8AUow5QSOjAAAAAXRSTlMAQObYZgAAABNJREFUCB1jYEABBQw/wLCAgQEAGpIDyT0IVcsAAAAASUVORK5CYII="); background-color: rgb(255, 255, 255);"><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">Keith Dixon, <i>Les évangélistes du Marché</i>, (Paris, Raisons d’Agir- 1998, 1998).</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">Richard Cockett,<i>Thinking the unthinkable: think-tanks and the economic counter-revolution, 1931-1983</i>, Fontana Press, 1995.</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">Rebecca Smithers, <a rel="nofollow" class="external text" href="http://www.guardian.co.uk/environment/2008/feb/25/fairtrade.report" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">"Fair trade branded 'unfair':</a> A report by the Adam Smith Institute says fair trade offers a better deal to some producers at the expense of the great majority of farmers", <i>Guardian</i>, February 25 2008.</font></li><li style="margin-bottom: 0.1em;"><font size="4" face="Times New Roman">The palm oil PR offensive is gathering pace – but not weight <a rel="nofollow" class="external free" href="http://www.guardian.co.uk/environment/blog/2011/feb/23/palm-oil-adam-smith-institute" style="text-decoration: none; padding-right: 13px; background: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVElEQVR42n3PgQkAIAhEUXdqJ3dqJ3e6IoTPUSQcgj4EQ5IlUiLE0Jil3PECXhcHGBhZ8kg4hwxAu3MZeCGeyFnAXp4hqNQPnt7QL0nADpD6wHccLvnAKksq8iiaAAAAAElFTkSuQmCC") 100% 50% no-repeat;">http://www.guardian.co.uk/environment/blog/2011/feb/23/palm-oil-adam-smith-institute</a></font></li></ul></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">=</font></div><div><font size="4" face="Times New Roman">shame upon the clan:</font></div><div><font size="4" face="Times New Roman">
</font></div><div><h1 style="margin: 0px; padding: 0px 0px 0.5em; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Alister Mcfarquhar</font></h1><h2 style="margin: 0px 0px 0.75em; padding: 0px; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"> Credentials</font></h2><ul style="margin: 0px; padding: 0px 0px 0px 2em; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><li style="margin: 0px; padding: 0px;"><font size="4" face="Times New Roman"> Ph.D.</font></li><li style="margin: 0px; padding: 0px;"><font size="4" face="Times New Roman">International economist, Downing College, Cambridge, <span class="caps" style="margin: 0px; padding: 0px;">U.K.</span></font></li></ul><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong style="margin: 0px; padding: 0px;">Source:</strong><span style="margin: 0px; padding: 0px; font-weight: bold;"> </span><a href="http://www.desmogblog.com/alister-mcfarquhar#s1" style="margin: 0px; padding: 0px; text-decoration: none;">[1]</a></font></p><h2 style="margin: 0px 0px 0.75em; padding: 0px; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"> Background</font></h2><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Alister McFarquhar is <a href="http://www.thedailygreen.com/environmental-news/latest/inhofe-global-warming-deniers-economists-46011008" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">one of 20 economists</a> who are on <a href="http://www.desmogblog.com/james-inhofe-the-senator-for-suspect-science" style="margin: 0px; padding: 0px; text-decoration: none;">Senator </a><a href="http://www.desmogblog.com/james-inhofe-the-senator-for-suspect-science" style="margin: 0px; padding: 0px; text-decoration: none;">Inhofe</a>'s List of 400+ “prominent climate scientists” who deny global warming.</font></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">McFarquhar has done work in the past with an organization called the “<a href="http://www.adamsmith.org/" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">Adam Smith Institute</a>.” This <span class="caps" style="margin: 0px; padding: 0px;">UK</span>-based free market think-tank has been a source of climate change “skeptics” in the past. </font></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">According to the Institute's <a href="http://www.adamsmith.org/introducing-the-adam-smith-institute/" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">website</a>, it “promotes free markets, limited government, and an open society.” </font></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The Adam Smith Institute has had <a href="http://legacy.library.ucsf.edu/tid/fys24e00" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">relations</a> with Philip Morris in creating an international center to train journalists that would be “ideologically consistent with <span class="caps" style="margin: 0px; padding: 0px;">PM</span>'s issues and interests,” <a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">SourceWatch found</a>.</font></p><h2 style="margin: 0px 0px 0.75em; padding: 0px; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">Stance on Climate Change</font></h2><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">McFarqehar is a signatory of the Manhattan Declaration on Climate Change which states that “the <span class="caps" style="margin: 0px; padding: 0px;">IPCC</span>’s conclusions are quite inadequate as justification for implementing policies that will markedly diminish future prosperity.” In summary, “attempts to prevent global climate change from occurring are ultimately futile, and constitute a tragic misallocation of resources that would be better spent on humanity’s real and pressing problems.” <a href="http://www.desmogblog.com/alister-mcfarquhar#s2" style="margin: 0px; padding: 0px; text-decoration: none;">[2]</a></font></p><h2 style="margin: 0px 0px 0.75em; padding: 0px; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Key Quotes</font></h2><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">[Pending further investigation.]</font></p><h2 style="margin: 0px 0px 0.75em; padding: 0px; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Key Deeds</font></h2><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><strong style="margin: 0px; padding: 0px;"><font size="4" face="Times New Roman">March 4, 2008</font></strong></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">McFarquhar signed the Manhattan Declaration on Climate change which was promoted by the International Climate Science Coalition (<span class="caps" style="margin: 0px; padding: 0px;">ICSC</span>). The <span class="caps" style="margin: 0px; padding: 0px;">ICSC</span> lists McFarquhar as one of 206 “<a href="http://www.climatescienceinternational.org/index.php?option=com_content&task=view&id=66" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">climate experts</a>” who are signatories. <a href="http://www.desmogblog.com/alister-mcfarquhar#s3" style="margin: 0px; padding: 0px; text-decoration: none;">[3]</a></font></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The <span class="caps" style="margin: 0px; padding: 0px;">ICSC</span> is a directed by prominent climate change skeptic <a href="http://www.desmogblog.com/tom-harris" style="margin: 0px; padding: 0px; text-decoration: none;">Tom Harris</a> and is affiliated with other high-profile climate skeptic organizations including the Science and Public Policy Institute (<a href="http://www.sourcewatch.org/index.php?title=Science_and_Public_Policy_Institute" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;"><span class="caps" style="margin: 0px; padding: 0px;">SPPI</span></a>), Climate Audit (edited by <a href="http://www.sourcewatch.org/index.php?title=Steve_McIntyre" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">Stephen McIntyre</a>) and Friends of Science (<a href="http://www.sourcewatch.org/index.php?title=Friends_of_Science" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">FoS</a>).</font></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><strong style="margin: 0px; padding: 0px;"><font size="4" face="Times New Roman">December 13, 2007</font></strong></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">McFarquhar is listed as a signatory to a <a href="http://scienceandpublicpolicy.org/reprint/open_letter_to_un.html" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">2007 open letter</a> to United Nations Secretary General Ban Ki-Moon. <a href="http://www.desmogblog.com/alister-mcfarquhar#s4" style="margin: 0px; padding: 0px; text-decoration: none;">[4]</a></font></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The open letter describes global warming as “a natural phenomenon that has affected humanity through the ages,” and describes <span class="caps" style="margin: 0px; padding: 0px;">CO</span>2 as a “non-polluting gas that is essential to plant photosynthesis.”</font></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><strong style="margin: 0px; padding: 0px;"><font size="4" face="Times New Roman">April, 2006</font></strong></p><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">McFarquhar signed a <a href="http://www.desmogblog.com/denying-climate-change-urging-inaction" style="margin: 0px; padding: 0px; text-decoration: none;">2006 Open Letter</a> to Prime Minister Stephen Harper recommending that the government stall any action on climate policy because the “climate changes all the time due to natural causes.”<br style="margin: 0px; padding: 0px;" /><br style="margin: 0px; padding: 0px;" />The letter advocates a delay or cancelation of Kyto reductions, and states that “allocating funds to 'stopping climate change' would be irrational.”<br style="margin: 0px; padding: 0px;" /><br style="margin: 0px; padding: 0px;" />Many prominent skeptics signed the letter, including <a href="http://www.desmogblog.com/climate-change-denier-research-old" style="margin: 0px; padding: 0px; text-decoration: none;">Tim Ball</a>, <a href="http://www.desmogblog.com/david-wojick" style="margin: 0px; padding: 0px; text-decoration: none;">David Wojick</a>, <a href="http://www.desmogblog.com/chris-dde-freitas" style="margin: 0px; padding: 0px; text-decoration: none;">Chris de Freitas</a>, <a href="http://www.desmogblog.com/ian-clark" style="margin: 0px; padding: 0px; text-decoration: none;">Ian Clark</a> and <a href="http://www.desmogblog.com/paul-copper" style="margin: 0px; padding: 0px; text-decoration: none;">Paul Copper</a>.</font></p><h2 style="margin: 0px 0px 0.75em; padding: 0px; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"> Affiliations</font></h2><ul style="margin: 0px; padding: 0px 0px 0px 2em; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><li style="margin: 0px; padding: 0px;"><p style="margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><a href="http://www.sourcewatch.org/index.php?title=Adam_Smith_Institute" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;"><strong style="margin: 0px; padding: 0px;">Adam Smith Institute </strong></a>— Author. <a href="http://www.desmogblog.com/alister-mcfarquhar#s5" style="margin: 0px; padding: 0px; text-decoration: none;">[5]</a></font></p></li></ul><h2 style="margin: 0px 0px 0.75em; padding: 0px; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"> Publications</font></h2><p style="margin: 0px 0px 1em; padding: 0px; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">According to a search of 22,000 academic journals, has not published any research articles in peer-reviewed journals. According to Google Scholar, McFarquhar has published some studies on land use policy.</font></p><h2 style="margin: 0px 0px 0.75em; padding: 0px; line-height: 1.3em; font-weight: 300; letter-spacing: 0.39px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"> Resources</font></h2><ol style="margin: 0px; padding: 0px 0px 0px 2em; letter-spacing: 0.39px; line-height: 19.5px; background-color: rgb(255, 255, 255);"><li style="margin: 0px; padding: 0px;"><p style="margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><a name="s1" id="s1" style="margin: 0px; padding: 0px;">“</a><a href="http://www.thedailygreen.com/environmental-news/latest/inhofe-global-warming-deniers-economists-46011008#ixzz1jxeE7awa" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">20 of Inhofe's Global Warming Deniers Are Economists</a>,” <em style="margin: 0px; padding: 0px;">The Daily Green</em>, January 10, 2008.</font></p></li><li style="margin: 0px; padding: 0px;"><p style="margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><a name="s2" id="s2" style="margin: 0px; padding: 0px;">“</a><a href="http://www.climatescienceinternational.org/index.php?option=com_content&task=view&id=37&Itemid=54" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;"><span class="caps" style="margin: 0px; padding: 0px;">THE</span> <span class="caps" style="margin: 0px; padding: 0px;">MANHATTAN</span> <span class="caps" style="margin: 0px; padding: 0px;">DECLARATION</span> <span class="caps" style="margin: 0px; padding: 0px;">ON</span> <span class="caps" style="margin: 0px; padding: 0px;">CLIMATE</span> <span class="caps" style="margin: 0px; padding: 0px;">CHANGE</span></a>,” International Climate Science Coalition. Accessed January, 2012.</font></p></li><li style="margin: 0px; padding: 0px;"><p style="margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><a name="s3" id="s3" style="margin: 0px; padding: 0px;">“</a><a href="http://www.climatescienceinternational.org/index.php?option=com_content&task=view&id=66" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;"><span class="caps" style="margin: 0px; padding: 0px;">CLIMATE</span> <span class="caps" style="margin: 0px; padding: 0px;">EXPERTS</span> <span class="caps" style="margin: 0px; padding: 0px;">WHO</span> <span class="caps" style="margin: 0px; padding: 0px;">SIGNED</span> <span class="caps" style="margin: 0px; padding: 0px;">MANHATTAN</span> <span class="caps" style="margin: 0px; padding: 0px;">DECLARATION</span></a>,” International Climate Science Coalition. Accessed January, 2012.</font></p></li><li style="margin: 0px; padding: 0px;"><p style="margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><a name="s4" id="s4" style="margin: 0px; padding: 0px;">“</a><a href="http://scienceandpublicpolicy.org/reprint/open_letter_to_un.html" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;">Open Letter to the Secretary-General of the United Nations</a>,” December 13, 2007. Republished by the Science and Public Policy Institute.</font></p></li><li style="margin: 0px; padding: 0px;"><p style="margin: 0px 0px 1em; padding: 0px;"><font size="4" face="Times New Roman"><a name="s5" id="s5" style="margin: 0px; padding: 0px;">Alister McFarquehar. “Planning Rape: Land Use Policy and Local Government Finance in the <span class="caps" style="margin: 0px; padding: 0px;">UK</span>” (</a><a href="http://www.adamsmith.org/sites/default/files/images/uploads/publications/planning-rape.pdf" target="blank" style="margin: 0px; padding: 0px; text-decoration: none;"><span class="caps" style="margin: 0px; padding: 0px;">PDF</span></a>), Adam Smith Institute, 1999.</font></p></li></ol></div><div><font size="4" face="Times New Roman"></font></div><div><font size="4" face="Times New Roman">
</font></div><div><p class="p1" style="box-sizing: border-box; margin: 0px 0px 10px; line-height: 26px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">The Adam Smith Institute <b>offers unpaid internships</b> to university students and recent graduates who would like to work at the ASI. These are an excellent opportunity to learn more about the policy making process and the wider free-market movement in the UK. It is very important that applicants have an understanding and appreciation for classical liberalism and libertarian thought, and this must show through in your application.</font></p><p class="p1" style="box-sizing: border-box; margin: 0px 0px 10px; line-height: 26px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Our internships are an excellent first step into the world of policy and politics, and many former interns have gone on to work in these areas. They also provide very good experience for a range of non-policy-based careers.</font></p><p class="p1" style="box-sizing: border-box; margin: 0px 0px 10px; line-height: 26px; background-color: rgb(255, 255, 255);"><span style="box-sizing: border-box;"><font size="4" face="Times New Roman" style="">Unfortunately, we are not currently accepting applications for internships.</font></span></p></div><div><font size="4" face="Times New Roman">but:(?)</font></div><div><font size="4" face="Times New Roman">
</font></div><div><h2 style="margin: 30px 0px 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Adam Smith (Institute) weighs in on unfair internships</font></h2><div class="entry" style="overflow: hidden; line-height: 1.4em; background-color: rgb(255, 255, 255);"><p><font size="4" face="Times New Roman">Liam Ward-Proud at the Adam Smith Institute (“The Adam Smith Institute is the UK’s leading innovator [NDLR: I believe this is self-assessed] of free-market economic and social policies.”) has a very<a href="http://www.adamsmith.org/blog/misc/unpaid-internships/" target="blank" sl-processed="1" style="text-decoration: none;">engaging and articulated post</a> (rare thing) about one of the premises behind this blog’s position, namely that interns should be paid because employers benefit from their work.</font></p><blockquote style="margin: 15px 30px 0px 10px; padding-left: 20px; border-left: 5px solid rgb(221, 221, 221);"><p><font size="4" face="Times New Roman" style="">“The basic principle alluded to is completely false.”</font></p></blockquote><p><font size="4" face="Times New Roman">You may be surprised to learn that I almost agree with him. Here’s my comment, in case my readership is not already reading Liam regularly.</font></p><blockquote style="margin: 15px 30px 0px 10px; padding-left: 20px; border-left: 5px solid rgb(221, 221, 221);"><p><font size="4" face="Times New Roman" style="">Thank you for taking the time to review the basic principles behind worker’s wages that <span class="skimlinks-unlinked" style="">UnfairInternships.com</span> puts forward. You’ve certainly refined my own thinking, as the owner of the blog, on the nature of the wages and the morality of unfair internships.<b style=""> What you haven’t done though is to change my view that unfair internships are unfair</b>.....</font></p></blockquote></div></div><div><font size="4" face="Times New Roman">=</font></div><div><div><font size="4" face="Times New Roman">Our Staff </font></div><div><font size="4" face="Times New Roman">
</font></div><div><span style="background-color: rgb(255, 255, 102);"><font size="4" face="Times New Roman">Dr Madsen Pirie is President of the Adam Smith Institute, and was one of three Scots graduates working in the US who founded the Institute in 1977. Before that, Madsen worked for the House of Representatives in Washington DC, and was Distinguished Visiting Professor Philosophy at Hillsdale College in Michigan.</font></span></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">At the Institute, Madsen was part of the influential team which pioneered privatization and the extension of market choices and incentives. His work in helping to develop the Citizen’s Charter led to his appointment to the Prime Minister’s Advisory Panel from 1991-95.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">A graduate of the universities of Edinburgh, St Andrews and Cambridge, Madsen has authored several books including The Book of the Fallacy, Micropolitics,<b> Privatization</b>, How to Win Every Argument, 101 Great Philosophers, Blueprint for a Revolution, and Freedom 101. He also writes children’s science fiction, and with his colleague Dr Eamonn Butler he has co- authored a series of books on IQ, including The Sherlock Holmes IQ Book.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">The Institute itself remains at the forefront of a worldwide movement towards competitive free markets and free trade. Madsen’s personal website is http://madsen-pirie.com/.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">Dr Eamonn Butler</font></div><div><font size="4" face="Times New Roman">Eamonn Butler is Director of the Adam Smith Institute, rated one of the world’s leading policy think-tanks. He has degrees in <b>economics, philosophy and psychology</b>, gaining a PhD from the University of St Andrews in 1978.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">During the 1970s he worked on<b> pensions and welfare issues for the US House of Representatives, and taught philosophy in Hillsdale College, Michigan</b>, before returning to the UK to help found the Adam Smith Institute.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">Eamonn is author of books on the pioneering economists Milton Friedman, F A Hayek, Ludwig von Mises and Adam Smith, and co-author of Forty Centuries of Wage and Price Controls and books on intelligence testing.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">He contributes to the leading UK print and broadcast media on current issues, and his recent popular publications The Best Book on the Market, The Rotten State of Britain and The Alternative Manifesto have attracted considerable attention.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">He has also contributed articles to national magazines and newspapers on subjects ranging from health policy, economic management, taxation and public spending, transport, pensions, and welfare.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman"><b>Sam Bowman</b> is Research Director of the Adam Smith Institute, <b>Britain’s leading libertarian think tank,</b> where he has worked since 2010. He is responsible for managing and editing the Institute’s publications and research, as well as managing the Institute’s team on a daily basis and helping with the ASI’s overall policy strategy.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">His current research agenda is the political economy of “Bleeding Heart Libertarianism”, a school of thought that tries to use free market policies to improve the welfare of the poor. His key policy areas are immigration and planning, which he sees as the two major areas where states hurt the poor globally and in the UK respectively. He is also interested in market monetarism, the epistemic challenges facing social democracy, and the case for wealth redistribution within free markets. He likes food, beer and computer games.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">He tweets as @s8mb. A list of his favourite articles and books can be found here.</font></div></div><div><font size="4" face="Times New Roman">==</font></div>

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