So, Panmure House, Adam Smith’s former Edinburgh home, has been sold. The ASI reports:
Councillors in Edinburgh have approved the sale… to Heriot-Watt University. They chose the £800,000 bid over a higher offer, on the grounds that the University would make the building more accessible to the public. The University plans to restore the house to promote the study of economics.
Hmmm. Wouldn’t it have been more appropriate to sell to the highest bidder?
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