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Adam Smith Institute
The Adam Smith Institute, abbreviated to ASI, is a public policy think tank based in the United Kingdom, named after the Scottish moral philosopher and classical economist Adam Smith. It advocates free market and classical liberal ideas, primarily via the formation of radical policy options with regard to Public Choice theory, which political decision makers seek to develop upon. The President of the ASI, Madsen Pirie, has sought to describe the activity of the organisation as "We propose things which people regard as being on the edge of lunacy. The next thing you know, they're on the edge of policy".
The ASI formed the primary intellectual force behind privatisation of state-owned assets during the premiership of Margaret Thatcher, and alongside the Centre for Policy Studies and Institute of Economic Affairs, advanced a Neoliberal approach toward public policy on privatisation, taxation, education, and healthcare. A number of the policies presented by organisation were adopted by the administrations of John Major and Tony Blair, and members of the ASI have also advised non-UK governments.
Beyond policy development, the organisation advocates free market ideas through the publication and distribution of literature, the promotion of UK Tax Freedom Day, the hosting of speaker events for students and young people, media appearances and blogging.
==History==
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