An independent, charitable organisation dedicated to the study of regulation and deregulation 

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Insights into Regulation

Revisiting Adam Smith’s Four Principles of Taxation

In The Wealth of Nations, Adam Smith put forward four general principles that he judged a tax system should satisfy. While the economic system then was much smaller and much less complex than now – the revenue required by the state funded a much narrower range of activities – principles are relatively enduring across changes in contexts.

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Insights into Regulation

On tariffs and tanks – M. Bastiat vs. Mr Trump

Scaling geologic time to (say) one year, homo sapiens has existed for less than an hour. In that twinkling of an eye, we have developed some capacity for foresight – an enormous evolutionary leap in one of nature’s creatures.

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