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I always find it kinda funny when the right turns to Adam Smith. Smith thought that the free market would free us from the monopolistic tendencies of the mercantile system. (Although he wouldn't have written it as such, as the term 'monopoly' wasn't nearly as taxonomically precise as it is now.) If he was alive today, he'd probably be rather dismayed at the failures of capitalism.
But then again, I guess that's the right's shtick: coopt any idea that they can and pervert it to benefit the ultra-wealthy.
Anyways, here's Smith:
It would be funny if it weren't so sad. As much as reading and understanding smith and other philosophy is important for the individual, think tanks unfortunately seem necessary in a modern context aiming to transform, often quite unreadable, as your excerpt demonstrates, philosophical learning, into applicable law/policy.
As with everything this process is utterly captured by right wing and market fundamentalist interests. Just sort this list by Bias/Affiliation and skim some of the descriptions it's a bit horrific, but it also might save you from reading an old school stochastic parrot with an inhumane agenda. Or if you actually find one you can agree with it might give you a reasonable first source.
Is there any think tank on earth that if all the members suddenly got heart attacks the world would be a worse place?
I think about all the people who I deal with daily and if any single one of them died things would be so much worse for me. They have value and you can see the value they add. How does the Adam Smith institute or CATO do jack shit for anyone? And if we can't answer that, than why are the people on these committees being paid so well for what isn't eben a full time job? And why the fuck are they tax exemption!?
Well I might look at this Rosa Luxemburg Foundation or perhaps this Heinrich Böll Foundation if I were in need to peddle some specific policy to someone that both cares and is powerful. It's in many ways the same prisoners dilemma as with all of advertisement.
So yes if they were all gone it'd be better for everyone but as we unfortunately live in the system we live in I'd rather have the few that might actually represent me exist beside all of the garbage. Same with the political parties they are associated with as well.