Dr Eamonn Butler is director of the Adam Smith Institute, a London-based think tank dealing in market economic policy. He has an MA in Economics and Psychology from the University of St Andrews, and a PhD in Philosophy from St Andrews. Dr Butler's most recent books include The Best Book on the Market (Capstone, 2008), Milton Friedman (Harriman House, 2011), Adam Smith: A Primer (Institute of Economic Affairs, 2007) and Rotten State of Britain (Gibson Square, 2009). Earlier books include Ludwig von Mises: Fountainhead Of The Modern Microeconomics Revolution (Gower, 1988) and Forty Centuries of Wage and Price Controls (co-authored with Robert L. Schuettinger, Green Hill Publishers, 1979). With Dr Madsen Pirie, he is also author of a number of popular books on IQ published by Pan. Since 1979 he has co-authored and edited a number of publications on economic and policy issues for the Adam Smith Institute. Dr Butler writes regularly on economics for leading newspapers. In 2012 he received an Honorary D.Litt from Heriot-Watt University.