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IN THIS BULLETIN...
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EVENTS: Energy paper blows in; Sixth-form Seminar; Conferences; Nosh
VILLAGE VICE: Insatiability Brown, Bureaucrats, and Bungling
THE WEEK IN WEBLOG: More provocative themes which need your comments

BUT FIRST...

The Tory Party never make the same mistake twice. It's a new one each time.
They've become so confused that they've taken to stabbing each other in the
FRONT. Watching their frontbench in recent weeks has been like watching
someone skating on thin ice...everyone wants to be there when it breaks.

CONGRATULATIONS to my colleague Dr Madsen Pirie, who four years ago (!)
put a bet on Arnold Schwarzenegger becoming Governor of California (when
Arnie was not even an active politician). Naturally Madsen got deliciously
long odds, so in two weeks he plans a celeb party in Trafalgar Square.
Well, not the whole of it, just Sir Clive Sinclair's luxury pad
overlooking it. Drool!

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EVENTS: Full list on http://www.adamsmith.org/policy/news/forward.htm
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HOLDING GOVERNMENT TO ACCOUNT
*****************************
EDWARD LEIGH MP, as head of the House of Commons Public Accounts Committee,
has the job of lifting the stones to see what murky public-expenditure
scandals lie underneath. Big job! He tells us about it at an Adam Smith
Lecture to be held at Westminster's stylish new hotel and bar complex, the
City Inn, on 18 November. Contact events@adamsmith for info/invites.

ASI ENERGY PAPER BLOWS IN
*************************
Are wind farms the way forward? Only if you don't mind power cuts, which is
what's going to happen under the government's energy 'policy'. So on 25
November we're telling everyone what to do instead with a new energy policy
report published today at a special meeting in the House of Commons.
Contact Chris Lambert on ASI@chrislambert.org for information.

SIXTH-FORM CONFERENCE
*********************
2 December 2003 is when our twice-yearly sixth-form seminar strikes
Westminster again. Top-flight speakers in the (rotten) heart of the
policymaking village. Free admission to school students and teachers.
Contact isos@adamsmith.org for details/invites.

POWER LUNCHES
*************
IVOR CAPLIN, Defence Minister, 30 October
ANTHONY KING, election expert 6 November
SIR CHRISTOPHER GENT, newly mobile reformer, 11 November
TERENCE KEALEY, independent university Vice-Chancellor, 13 November
MALCOLM WICKS, Pensions Minister, 18 November
DANIEL HANNAN, troublemaking MEP and scribe, 24 November
TOM WINSOR, rail regulator, 26 November
BRUCE GEORGE, Commons defence committee head, 27 November
MIKE SUMMERS, Falklands Island representative, 1 December
STEPHEN CARTER, Ofcomm supremo, 10 December
Contact steve@adamsmith.org for information/invitations

BUSINESS CONFERENCES
********************
INFRASTRUCTURE ASSET MANAGEMENT, London, 3-4 November
Speakers include Nick Winser (Nat Grid Transco), Rob Harrison (Dir, Thames
Water), Terry Morgan (CE, Tube Lines), Jim Craig (Macquarie)
Contact Alex Ellis on admin@confs.co.uk

RUSSIAN FOOD AND DRINK SECTOR, Moscow, 17-19 November
Contact Christina@asi-conferences.com for more information
RUSSIAN ENERGY SECTOR, Moscow, 20-21 November
Contact tom@asi-conferences.com / niki@asi-conferences.com
RUSSIAN PULP AND PAPER, St Petersburg, 2-4 December
Contact Christina@asi-conferences.com for more information

THE FUTURE OF EUROPEAN RAIL, Paris, 1-2 March 2004
Speakers include: Tom Winsor, Eurostar CEO Richard Brown, EC rail supremo
Jean-Arnold Vinois, SNCF Veep Guillaume Pepy, Arriva boss David Martin

NEXT GENERATION GROUP
*********************
NEXT GENERATION MEETING with ANDREW NEIL, 4 November
Contact tng@adamsmith.org or call Steve on 020 7222 4995
DECEMBER NEXT GENERATION MEETING, 2 December
Contact tng@adamsmith.org or call Steve on 020 7222 4995

-----------------------------------   -------------------------------------
WHO'S HOT?                            WHO'S NOT?
-----------------------------------   -------------------------------------

POLITICAL QUOTATIONS: Cites site      POLLY TOYNBEE: Rot spot
http://www.politicalquotations.com    http://www.guardian.co.uk/columnists

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THE WEEK IN WEBLOG: Visit http://www.adamsmithblog.org
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Here's just a few of the think pieces that are on our acclaimed weblog
right now. Give us your comments and help us to construct new policies!

BREEDING CRIME
**************
The UK is now officially the most violent place in Europe. Can we trace the
roots of this back to our rotten state-run school system?
http://www.adamsmithblog.org/archives/000078.php

SILK CUT
********
The government says it wants to reform the legal profession. Reform's too
good for them, say we. Privatize and deregulate the lot.
http://www.adamsmithblog.org/archives/000068.php

FISHY BUSINESS
**************
Is Disney's new "Finding Nemo" a harmless kid's movie or a pathetic attempt
to follow -- or lead -- an absurd agenda of political correctness?
http://www.adamsmithblog.org/archives/000071.php

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VILLAGE VICE: More Westminster scandals from http://www.ePolitix.com
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INSATIABILITY BROWN
*******************
Gordon Brown may be putting the economy into his wife's name after an Ernst
& Young prediction that his borrowing will reach 36 billion this year. To
try to close the gap, experts say he may issue a staggering 55b in gilts.

News reports suggest that the Treasury is keen to raise air passenger duty
from 5 pounds to 10 on domestic flights and 20 pounds to 40 elsewhere.

The Institute of Chartered Accountants says red tape costs the UK 6 billion
pounds a year, of which two-thirds falls on small businesses.

The water regulator says that bills will have to rise by 30 per cent
between 2005 and 2010, bringing the average bill to 306 pounds.

Mercer, the actuaries, say that couples need to save more than 180,000
pounds for retirement in order to do better than relying on state benefits.

John Prescott wants help key public sector workers onto the property ladder
with loans of up to =A350,000. (What's wrong with the mortgage market, then?)

PLAGUE OF BUREAUCRATS
*********************
A doubling of staff numbers since Labour came to power means that the new
310 million pound Home Office building in Marsham Street is too small.

Ministers are to appoint a social care "tsar" to monitor the relationship
between the NHS and social services. More Tsars than peasants these days.

The DTi is banning Christmas day opening by supermarkets and other large
stores. If you forgot the batteries and brandy sauce, hard luck.

Europe Minister Denis MacShane has suggested that the UK is losing out
because it has too few politicians compared to most EU countries. Groan!

USUAL BUNGLING
**************
Despite Patricia Hewitt's promise to cut the 183 business support schemes
of the DTI to 10 by next spring, only 17 have yet been disbanded.

Now dropped from the DoH website are all details of progress on cutting
cancer waits -- which stood at the target maximum of 80,000 last time.

Sheffield academics warn that John Prescott's 2-billion-pound flagship
assault on poverty hotspots is undermined by confusion and incompetence.

Teacher vacancies in secondary schools have trebled since 1997, with 1,942
unfilled posts in England, compared with 649 when Labour came to power.

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AS ADAM HAD IT...
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As you reflect on the Tories' leadership woes, reflect that politicians,
like the rest of us, are never satisfied with what they have. Adam Smith
understood this well, when he wrote:

"Such is the delicacy of man alone, that no object is produced to his
liking. He finds that in everything there is need for improvement.... The
whole industry of human life is employed not in procuring the supply of our
three humble necessities, food, clothes and lodging, but in procuring the
conveniences of it according to the nicety and delicacy of our tastes."
-- Adam Smith, Lectures on Justice, Policy, Revenue and Arms

e

=20
Dr Eamonn Butler, Director
Adam Smith Institute, 23 Great Smith Street, London SW1P 3BL, UK
E-mail butler@adamsmith.org - Visit us online at www.adamsmith.org
Tel +44 (0)20 7222 4995 - Fax +44 (0)20 7222 7544



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