Confessions of a Young Think-Tanker

Westminster tube commuters are currently greeted with advertisements for Think Tank: The Story of the Adam Smith Institute“. The book is the story of how a handful of motivated individuals, without any backing or resources except their own conviction, managed to create a think-tank which played a key role in the transformation of the country. One anecdote that is missing from the book is the tale of an intern once employed in the mid-80s, before the interweb, to stuff envelopes. After a day of stuffing envelopes the book’s author Madsen Pirie decided to give the teenage intern a lesson in practical economics. “Here at the ASI kiddo we believe in applying free-market principles, so why don’t you name a fair price for your labour, if it is too high we won’t hire you again and if it is too low, well that will be your loss…”

The intern hesitated and thought for a moment before responding “£100 please”. Madsen was a bit taken aback, “£100 for an afternoon’s envelope stuffing?” Nevertheless he wrote the cheque paying way over the market price daily rate for an intern in the 80s. That intern never worked at the Adam Smith Institute again. Guido really didn’t like stuffing envelopes…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Alan Sugar on Jeremy Corbyn:

“It’s clear you alluded to students refunds to get votes from young impressionable people. You are a cheat and should resign.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Hat-Trick of Brexit Good News Hat-Trick of Brexit Good News
Guido’s Student Debt Story on Standard Front Page Guido’s Student Debt Story on Standard Front Page
Watch: Shadow Minister Makes Student Debt Promise Watch: Shadow Minister Makes Student Debt Promise
IPSO Throws Out Baroness Scotland Complaints IPSO Throws Out Baroness Scotland Complaints
100% Inheritance Tax: Stupid or Evil? 100% Inheritance Tax: Stupid or Evil?
Paul Mason’s Play in 60 Seconds Paul Mason’s Play in 60 Seconds
Sunday Shows Sunday Shows
City Confident as Hiring Rates Rocket City Confident as Hiring Rates Rocket
Watch: Best Maiden Speech of 2017 Intake Watch: Best Maiden Speech of 2017 Intake
Child Protection Investigation ‘Stalled to Help Labour’ Child Protection Investigation ‘Stalled to Help Labour’
Davis Accepts Donations from Top Blairite and TV Remainer Davis Accepts Donations from Top Blairite and TV Remainer
BBC #NotOnTheList Stars Paid Via Production Companies BBC #NotOnTheList Stars Paid Via Production Companies
Pants-Wearing Councillor Boasted He Had “Vaz in My Right Pocket” Pants-Wearing Councillor Boasted He Had “Vaz in My Right Pocket”
Champion: ‘Not Possible’ to Keep Student Debt Promise Champion: ‘Not Possible’ to Keep Student Debt Promise
BBC Rich List Revealed: Salaries In Full BBC Rich List Revealed: Salaries In Full
Torbynista Greening Loses Fight for New Money Torbynista Greening Loses Fight for New Money
New Labour Spinner Boasted of Bullying Angela Eagle New Labour Spinner Boasted of Bullying Angela Eagle
Remainers Behind Smears and Negative Briefings Remainers Behind Smears and Negative Briefings
Byline Fined For Defamation in First Impress Ruling Byline Fined For Defamation in First Impress Ruling