![]() So I am excited to announce that I am joining the Adam Smith Institute, the venerable think tank dedicated to applying his thinking to the challenges of the modern world. I believe that the answers to many of today's challenges can be found in the timeless wisdom of Adam Smith and his successors. Yet throughout Parliament there is little consensus, fresh thinking, or data-driven analysis, when it comes to tackling these issues. ![]() This United Kingdom, the magical country that took me in as a young boy, has borne many knocks but always bounces back.įor too long, we have struggled with chronically low productivity and sluggish growth, ever-higher taxes, overzealous and stifling regulation, and a planning system that blocks housing and new infrastructure. As minister for vaccine deployment, I watched how the nation rallied around when determined administrators and medical professionals rolled out that vaccine at astonishing speed, helping to liberate us from the virus. I vividly remember, for example, when during the darkest days of the pandemic, with a grimly rising death toll and the steepest recession since the Great Frost of 1709, a group of extraordinary British scientists developed a vaccine. They are a calming antidote to that temptation towards fatalism that can accompany thinking about the future. Through difficult times, I have often been consoled by the words of Adam Smith “there is a great deal of ruin in a nation”. ![]()
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