The Adam Smith Institute is Britain’s leading innovator of market economic policies. Since 1977, it has played a key role in the analysis and development of public policies and has published over 300 influential policy reports. It has been part of a worldwide movement towards free markets and free trade. It encourages discussion of policy ideas through its websites, conferences, newspapers, radio and television.
The Institute pioneered privatization both in Britain and around the world. It helped to develop many of the techniques which have set the standard for transforming ailing state operations into successful private businesses. It was in the vanguard of replacing central planning and state controls by incentives, market opportunities and an entrepreneurial culture.
The Institute is independent, non-party and non-partisan, and maintains good relations with policy makers across the political divide. It is non-profit and enjoys the support of a wide range of companies, foundations and individuals who understand it’s role in the policy making process. Project sponsorship and the income from its many conferences and publications are equally important.