The Adam Smith Institute (ASI) is a neoliberal UK-based think tank and lobbying group, named after Adam Smith, a Scottish moral philosopher and classical economist. The ASI is rated as one of the least transparent think tanks in the United Kingdom in relation to funding and has been shown to receive funding from the tobacco industry. The ASI's libertarian label was officially changed to neoliberal on 10 October 2016. The Institute advocates free market and classical liberal ideas, primarily via the formation of policy options with regard to public choice theory, which political decision makers seek to develop upon. ASI President Madsen Pirie has sought to describe the activity of the organisation as "e propose things which people regard as being on the edge of lunacy. The next thing you know, they're on the edge of policy". More information...
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