Influence
In January 2009 Foreign Policy and the University of Pennsylvania named the Adam Smith Institute among the top 10 think-tanks in the world outside of the US. The Institute is highly influential in UK public policy, and was "a pioneer of privatisation" in the UK and elsewhere. Early Institute papers proposed the outsourcing of local government services (1980), the fundamentals of the poll tax (1981–1985), and the deregulation and privatisation of transportation (1980). The privatisation of British Rail in 1997 was also based on a plan suggested by the Institute. Other influences include the UK's cutting of the highest rate of income tax from 83% to 40% in the late 1980s, and its liberalisation of alcohol licensing laws.
The Institute has released a series of Roadmap to Reform papers, calling for shifts in public policy in Health, Deregulation and Europe. In 2006, the Institute released a paper calling for a rethink of Britain's countryside policy.
Read more about this topic: Adam Smith Institute
Famous quotes containing the word influence:
“Women stand related to beautiful nature around us, and the enamoured youth mixes their form with moon and stars, with woods and waters, and the pomp of summer. They heal us of awkwardness by their words and looks. We observe their intellectual influence on the most serious student. They refine and clear his mind: teach him to put a pleasing method into what is dry and difficult.”
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—Alexander Herzen (1812–1870)