The RPI can today annouce the dates of our Annual Competition and Regulation Conference 2025, which will take place at Lady Margaret Hall, Oxford between the 15th and 16th September, 2025.
Marking the 250th anniversary year of the publication of the Wealth of Nations, in the second of a series of blogs on the contemporary relevance of Adam Smith’s work, the Insights team take a look at his nuanced, changing assessment of the English Navigation Acts
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.
In this paper, Daniel Pryor argues that competition interventions in digital markets have often been premised on faulty economic assumptions and therefore led to various unintended consequences
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