IEA Podcast: Recent Episodes
Institute of Economic Affairs
In this episode of the IEA podcast, we dive into Wes Streeting's proposed NHS reforms, exploring whether league tables and performance metrics can truly improve healthcare efficiency. Our guests Tom Clougherty and Kristian Niemietz discuss alternative healthcare systems from around the world, from the Netherlands' market-driven approach to Singapore's health savings accounts, examining how these models might inform NHS reform.
We then turn to Elon Musk's appointment to head the new Department of Government Efficiency alongside Vivek Ramaswamy. Our panel debates whether private sector efficiency methods can work in government, drawing parallels with Musk's Twitter reforms and exploring the fundamental challenges of applying business principles to public sector operations.
The discussion concludes with reflections on two significant anniversaries: the 1917 October Revolution and the fall of the Berlin Wall. Our guests share personal memories of the latter and examine how these historical events continue to shape current debates about economic systems and political ideologies, particularly among younger generations who didn't experience the Cold War era firsthand.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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In this IEA Book Club event, Sir Vernon Bogdanor discusses his new book "Making The Weather: Six Politicians Who Changed Modern Britain" with IEA Executive Director Tom Clougherty. Bogdanor examines how certain politicians have shaped Britain's political landscape, focusing particularly on three figures: Aneurin Bevan, Enoch Powell, and Keith Joseph.
The discussion explores how these individuals challenged the prevailing consensus of their times and influenced British politics far beyond their immediate careers. The conversation delves into Bevan's creation of the NHS and its lasting impact, Powell's complex political positions beyond his controversial immigration speech, and Keith Joseph's role in developing what would become known as Thatcherite economics. Bogdanor brings fresh insights to these familiar figures, drawing on personal interviews and historical research to paint a fuller picture of their motivations and achievements.
Throughout the discussion, Bogdanor and Clougherty explore parallels between these historical figures and contemporary British politics, including Brexit, the future of the Conservative Party, and the challenges of political communication in modern Britain. The event concludes with Bogdanor's thoughts on whether the Thatcher era is coming to an end and what might replace it.
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In this episode of the IEA Podcast, we delve into Donald Trump's decisive victory in the 2024 US presidential election and what it means for economic policy. WSJ columnist Joseph Sternberg breaks down why the election was ultimately decided by economic fundamentals rather than cultural issues, exploring Trump's proposed policies on tariffs, taxation, and government spending. The discussion examines why American voters, despite strong GDP numbers, felt economically insecure under the Biden-Harris administration.
The conversation then shifts to the UK, where we analyse Kemi Badenoch's selection as Conservative Party leader and her newly appointed shadow cabinet. Our guests discuss her commitment to "telling hard truths" and whether this signals a return to free-market principles. IEA's Director of Communications Callum Price provides insight into the potential direction of the party under her leadership.
The episode concludes with a broader discussion about the future of right-wing politics in Western democracies. Our guests explore whether we're seeing a lasting shift toward national populism or if economic issues will remain the dominant factor in elections. They also tackle the challenging question of Trump's impact on democratic institutions and why voters made the choices they did.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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In this wall-to-wall budget special, Tom Clougherty, Daniel Freeman, and Dr. Kristian Niemietz break down Chancellor Rachel Reeves' first budget. They examine the major tax increases, including the significant rise in employer National Insurance contributions, changes to capital gains tax, and new measures affecting private schools. The team analyses how these changes impact Britain's economic competitiveness and discusses whether the budget's pro-growth rhetoric matches its actual contents.
The discussion delves into the concerning trajectory of Britain's public finances, with both tax and spending set to be five percentage points of GDP higher than pre-pandemic levels by the end of the decade. The panel explores why this dramatic expansion of the state has occurred and whether it can be reversed, considering the limitations of previous attempts at spending restraint and the pressing need for meaningful public sector reform.
Looking at the bigger picture, the team questions whether this budget represents a missed opportunity for comprehensive tax reform and meaningful economic change. They examine the similarities with previous Conservative budgets and discuss why the focus on public spending might not deliver the growth the government hopes for, particularly without substantial supply-side reforms in areas like planning and energy.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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Daniel Freeman of the Institute of Economic Affairs interviews Professor Daniel Waldenström about his new book, "Richer & More Equal: A New History of Wealth in the West." Waldenström's research suggests that wealth inequality has decreased over the past century, with the middle class experiencing significant growth in wealth accumulation.
The discussion covers changes in wealth composition, shifting from agricultural land and industrial shares to widespread homeownership and pension savings. Waldenström examines the effects of world wars and economic policies on wealth distribution, and compares European and American experiences of wealth concentration in recent decades.
This conversation explores how wealth is measured, the impact of technological advancements, and the potential benefits of promoting homeownership and funded pension systems. Waldenström's work offers a different perspective on wealth creation and distribution, encouraging viewers to reconsider common assumptions about economic progress in the West. The interview provides an accessible look at wealth inequality trends for those interested in economic history and current debates.
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Join Reem Ibrahim, Acting Director of Communications, as she discusses the latest economic and policy developments with IEA's Executive Director Tom Clougherty and Managing Editor Daniel Freeman. The team dives into pre-budget speculation, particularly focusing on the government's plans to add National Insurance contributions to employer pension contributions - and why the public sector might be exempt from these changes. They explore how this could impact wages, benefits, and the broader economic landscape.
The conversation then turns to the controversial ban on disposable vapes. The panel examines why this policy could be counterproductive, discussing how it might affect public health, youth access to vapes, and the potential rise of black market alternatives. They challenge the environmental arguments being used to justify the ban and explore why this could undermine the UK's position as a leader in tobacco harm reduction.
The episode concludes with a critical look at the NHS's new public consultation on healthcare reform. The team discusses the role of consultations in policymaking, whether they truly lead to meaningful change, and what real NHS reform might look like. They explore the challenges of implementing effective healthcare management and why some popular reform ideas might be counterproductive.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals. Timestamps: 01:11 - Pre budget tax speculation and public sector NI 15:25 - Vaping ban 24:57 - NHS consultation
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In this episode of the IEA Podcast, Tom Clougherty, Harrison Griffiths, and Dr. Kristian Niemietz dive into the upcoming Autumn budget and the potential £40 billion tax increases. They discuss the implications of employer National Insurance contributions and the broader impact on workers, while also touching on capital gains tax and the challenges of taxing different forms of income.
The conversation then shifts to a concerning case in Bournemouth, where a man was convicted for silently praying near an abortion clinic, sparking a debate about freedom of thought and expression in the UK. The panel examines the implications of this case and its potential impact on civil liberties.
Finally, the discussion turns to the state of the classical liberal movement across Europe and the world. Dr. Niemietz shares his insights from a recent European Students for Liberty conference in Iceland, highlighting the growth and diversity of libertarian groups in various countries. The panel also explores the challenges faced by classical liberal movements in different regions and the potential for future growth.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe
In this new episode in the 'In Conversation' series, Charles Moore, Baron Moore of Etchingham and Member of the House of Lords, sits down with Tom Clougherty, Executive Director of the Institute of Economic Affairs (IEA), to discuss the current state of British politics and the legacy of Margaret Thatcher. Moore, the acclaimed biographer of Thatcher and former editor of The Spectator and The Telegraph, offers unique insights into the challenges facing modern conservatism and draws intriguing parallels between today's political landscape and the era of Thatcher's rise to power.
Throughout the discussion, Moore delves into a range of pressing issues, including the impact of globalisation, the changing nature of political institutions, and the cultural shifts affecting contemporary society. He reflects on the lessons that can be learned from Thatcher's leadership style and governance approach, while also addressing the new challenges that have emerged in the decades since her tenure. Moore's nuanced perspective on topics such as immigration, the role of international institutions, and the evolving dynamics within the Conservative Party provides a thought-provoking analysis of the current political climate.
This conversation offers viewers a rare opportunity to hear from one of Britain's most respected political commentators as he shares his insights on the past, present, and future of conservative thought. Whether you're a student of politics, a history enthusiast, or simply curious about the forces shaping modern Britain, this discussion between Charles Moore and Tom Clougherty promises to be both enlightening and timely.
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In this episode of the IEA Podcast, we dive into the Adam Smith Institute's new "millionaire tracker" report, which suggests Britain is losing millionaires at an alarming rate. Maxwell Marlow, director of Research and Education at ASI, discusses the potential economic impact and reasons behind this trend, including productivity stagnation, high tax burdens, and an anti-prosperity culture. The conversation explores the broader implications for job creation, investment, and tax revenue.
The podcast then turns to the government's newly announced Employment Rights legislation. The panel, including Dr. Kristian Niemietz and host Tom Clougherty, examines the potential consequences of these reforms on productivity, hiring practices, and overall economic dynamism. They express concern that these measures, while politically popular, may inadvertently hinder job creation and economic growth.
Lastly, the discussion commemorates the 50th anniversary of F.A.Hayek being awarded the Nobel Prize in Economics. The panel reflects on Hayek's enduring influence on classical liberal thought, his key works such as "The Use of Knowledge in Society," and the importance of his ideas in shaping economic and political discourse. They emphasise the continued relevance of Hayek's insights in today's policy debates.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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Join the Institute of Economic Affairs for a panel discussion on "The Torch of Liberty: Can the Conservative Party win back the young?" at the 2024 Conservative Party Conference. Hosted by Reem Ibrahim, Acting Director of Communications at the IEA, this engaging session features Lord David Frost, Conservative Member of the House of Lords, Tom Clougherty, IEA Executive Director, and Dr. Christopher Snowdon, IEA Head of Lifestyle Economics.
The panel explores the crucial question of whether the Conservative Party can rediscover its love for liberty and appeal to younger voters. Our speakers delve into topics such as economic freedom, personal liberties, and the challenges facing conservative principles in modern British politics. They discuss the impact of recent policies, the role of ideology in shaping political discourse, and strategies for promoting free-market ideas in an increasingly collectivist environment.
Don't miss this conversation as our experts analyse the Conservative Party's recent track record, debate the future of freedom-oriented policies, and offer their perspectives on how to make liberty appealing again. Whether you're a political enthusiast, a young conservative, or simply interested in the future of British politics, this panel provides valuable insights into the ongoing struggle between individual freedom and state intervention.
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Dive into the pressing issue of intergenerational inequality with the Institute of Economic Affairs' panel from the 2024 Conservative Party Conference. Hosted by IEA Executive Director Tom Clougherty, this discussion features insights from a diverse group of experts including Jack Ranking MP, Matthew Lesh of Freshwater Strategy, Andrew Griffith MP, and Reem Ibrahim, the IEA's Acting Director of Communications.
The panel tackles the challenges facing young people in the UK, from housing affordability and economic opportunities to the brain drain and welfare system concerns. Our speakers explore how conservative principles can address these issues, debating topics such as planning reform, fiscal policy, and the need for a positive, aspirational conservative message that appeals to younger voters.
Watch this conversation that attempts to shape a future that works for all generations. Whether you're interested in politics, economics, or social policy, this panel offers fresh perspectives on some of the most crucial issues facing the UK today. Join us as we examine how to build a more prosperous, fair, and dynamic society for young and old alike.
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In this episode of the IEA Podcast, host Tom Clougherty and guests Daniel Freeman and Dr. Kristian Niemietz cover a range of topics: the closure of Britain's last coal-fired power station, the recent Conservative Party Conference, and the Mont Pelerin Society meeting in New Delhi. These discussions offer insights into energy policy, political strategy, and the future of classical liberal thought.
The conversation begins with an analysis of the UK's energy landscape following the shutdown of its final coal power plant. The team explores the implications for Britain's economic competitiveness, the challenges of transitioning to renewable energy sources, and the potential role of nuclear power in ensuring a stable energy future. They discuss the broader impact on industries, the rising costs of electricity, and the need for a coherent energy strategy to support economic growth. Moving to politics, Clougherty shares his observations from the Conservative Party Conference, noting the surprisingly upbeat mood despite recent electoral defeats.
The discussion delves into the party's internal debate about its future direction, analysing a pamphlet on "Conservatism in Crisis" released by Kemi Badenoch's campaign. Lastly, Dr. Niemietz provides insights from the Mont Pelerin Society meeting, explaining the organisation's history, its role in shaping classical liberal thought, and its relevance in addressing contemporary challenges.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe
In this episode of the IEA Podcast, host Reem Ibrahim is joined by Matthew Lesh and Tom Clougherty to discuss the recent Labour Party Conference, the growing issue of long-term sickness benefits in the UK, and the influential "Foundations: Why Britain has Stagnated" report. The conversation kicks off with insights into the Labour Party's current positioning and challenges as they prepare for a potential return to power, including the party's struggle to articulate a clear vision for governance beyond simply not being the Conservatives.
The discussion then shifts to the concerning trend of increasing long-term sickness benefit claims, particularly among young people and men. The panel explores the potential causes behind this surge, including changes in the benefits system, mental health issues, and the broader economic implications. They debate the balance between providing necessary support and creating incentives for work, touching on both the fiscal and moral dimensions of the issue.
Finally, the podcast delves into the "Foundations" report, which argues that the UK's economic stagnation is largely due to self-imposed barriers to investment and growth. The panel examines the report's key points, including how relaxing planning restrictions and improving infrastructure could rapidly boost the UK's economic performance. They also discuss the report's optimistic outlook and its potential impact on future policy discussions.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe
Note: The Institute of Economic Affairs (IEA) does not endorse or support any political candidate or party. This video is for educational purposes only.
In this new In Conversation event, The Rt Hon James Cleverly MP, Conservative Party Home Secretary and leadership candidate, sits down with Tom Clougherty, Executive Director of the Institute of Economic Affairs, to discuss his vision for the future of the Conservative Party and the UK. Cleverly outlines his Thatcherite economic philosophy, emphasising the need for free markets, lower taxes, and reduced regulation to drive economic growth and prosperity.
Throughout the discussion, Cleverly addresses key issues facing the UK, including housing affordability, welfare reform, and the challenges of an aging population. He argues for bold policy changes to increase housing supply, incentivise work, and create a more sustainable relationship between younger and older generations. Cleverly also shares his views on the importance of global engagement and the need to revitalise London's financial services sector.
As a self-described "doer" inspired by Ronald Reagan's communication skills, Cleverly emphasises the importance of selling conservative values to a new generation. He advocates for a positive, optimistic approach to leadership that can inspire public support for necessary reforms. This conversation offers valuable insights into Cleverly's political philosophy and his vision for addressing the UK's most pressing economic and social challenges.
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In this episode of the IEA Podcast, we delve into three critical topics shaping the UK's economic and social landscape this week. First, we explore the IEA's new publication "Denationalisation of Healthcare" with author Dr. Kristian Niemietz. The discussion examines the potential benefits of transitioning from the NHS to a social health insurance system, addressing concerns about disruption and emphasising the importance of patient choice and competition among providers.
Next, we turn our attention to the Bank of England's recent monetary policy decisions. Our panel, featuring Tom Clougherty and Kristian Niemietz, analyses the implications of keeping interest rates at 5% and the continuation of quantitative tightening. The conversation highlights the divergent views between the official Monetary Policy Committee and the IEA's shadow committee, exploring the merits of different approaches to managing inflation and economic growth.
Lastly, we tackle the controversial topic of the gender pay gap, prompted by Rachel Reeves' recent announcement of the "Invest in Women" taskforce. Ibrahim discuss the complexities behind pay gap statistics, challenging the narrative of widespread discrimination and examining the role of individual choices in shaping career outcomes. The conversation also touches on the broader implications of government intervention in labour markets and the potential unintended consequences of well-intentioned policies.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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In this episode of the IEA Podcast, host Reem Ibrahim is joined by Tom Clougherty, Executive Director, and Kristian Niemietz, Editorial Director, to discuss pressing issues in UK policy. The conversation kicks off with an analysis of the Darzi report, which exposes deep-rooted problems within the NHS and the government's response to these challenges. The guests explore the limitations of the report and the need for more radical reforms to truly address the health service's issues.
The discussion then shifts to the Labour government's controversial proposal to ban junk food advertising before 9:00 PM. Our experts examine the effectiveness of such measures in tackling childhood obesity and question the underlying statistics used to justify these policies. They also delve into the potential negative impacts on businesses and the broader implications for personal freedom.
Finally, the podcast tackles the complex and often overlooked issue of pension reform. The guests discuss the sustainability of the current system, the misconceptions surrounding pension tax relief, and the long-term fiscal challenges facing the UK. They explore potential solutions to ensure a more stable and equitable pension system for future generations.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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In this episode of the IEA Podcast, join host Reem Ibrahim as she engages in a thought-provoking discussion with Kristian Niemietz and Tom Clougherty on pressing issues shaping contemporary political discourse. The trio delves into the concept of 'vibes-based' politics, exploring how superficial appeal often overshadows substantive policy discussions, particularly in areas like price controls and ticketing regulations.
The conversation then shifts to the complex world of trade unions, examining their historical role, current challenges, and potential future directions. Drawing from a newly published book by Len Shackleton, the panel offers fresh perspectives on union dynamics in both public and private sectors, challenging common misconceptions about free-market views on organised labor.
Lastly, the podcast tackles the persistent and worsening housing crisis in the UK. Revisiting Alan Evans' prescient 1988 book "No Room!, No Room!" the guests discuss how many of the issues identified decades ago remain unresolved, if not exacerbated. They explore the political and economic factors contributing to the crisis, including the contentious role of green belts and the broader implications for intergenerational equity and political alignments. W
e bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe
In this episode of the IEA Podcast, host Reem Ibrahim is joined by Kristian Niemietz and Tom Clougherty to dissect recent political developments through a classical liberal lens. The panel critically examines Labour's controversial plan to ban smoking in outdoor areas, including pub beer gardens, questioning the justification and potential consequences of such nanny state interventions. They also delve into the implications of the Next equal pay dispute, highlighting the disconnect between economic reasoning and legal judgments in employment tribunals.
The conversation takes a broader turn as the guests explore the shifting landscape of political ideologies. They discuss how traditional definitions of 'liberal' no longer apply in today's context, with both the left and right embracing forms of authoritarianism and interventionism. The panel contemplates the challenges faced by classical liberals in finding political allies and considers the potential for a new movement centered on freedom, dynamism, and progress.
Throughout the episode, Niemietz, Clougherty, and Ibrahim offer insightful commentary on the erosion of personal freedoms, the unintended consequences of well-intentioned policies, and the importance of maintaining a commitment to free-market principles. Their discussion provides a nuanced perspective on current affairs, challenging listeners to think critically about the role of government in society and the future of liberal thought.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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Join us for an engaging episode of the IEA Podcast as we delve into the rich history of the Institute of Economic Affairs and explore the enduring importance of freedom in today's world. Our panel, featuring Harrison Griffiths, Communications Manager, Reem Ibrahim, Communications Officer, and Matthew Lesh, Director of Public Policy & Communications, takes us on a journey through the IEA's impactful legacy and discusses how its principles continue to shape economic thought and policy.
In this special farewell episode for Matthew Lesh, we examine the current state of freedom in the UK, addressing the challenges and opportunities facing advocates of liberty in modern Britain. Our panel shares valuable insights on the role of communications in disseminating ideas, the future of the free market movement, and the importance of developing optimistic narratives that address contemporary societal issues.
From the foundational principles of classical liberalism to the practical applications of free market ideas in today's complex world, this episode offers a thought-provoking discussion on the power of voluntary exchange, the dangers of central planning, and the ongoing struggle to preserve and expand individual liberty. Don't miss this opportunity to gain a deeper understanding of the ideas that have shaped our economic landscape and continue to influence policy debates.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe
In this thought-provoking episode of the IEA Podcast, host Matthew Lesh and editorial director Kristian Niemietz are joined by Claire Fox, director of the Academy of Ideas, to discuss the complex interplay between free speech, misinformation, and recent UK riots. The conversation delves into the challenges of defining and addressing disinformation in the digital age, exploring how attempts to suppress speech can inadvertently fuel conspiracy theories and erode trust in institutions.
The panel examines recent cases where individuals have faced legal consequences for offensive social media posts, questioning the balance between protecting free expression and maintaining public order. They debate the effectiveness of content moderation strategies, from government intervention to community-driven approaches like Twitter's "community notes" feature. The discussion also touches on the broader cultural shift away from free speech principles and the potential dangers of overreacting to perceived threats to democracy. Throughout the episode, Fox, Lesh, and Niemietz offer nuanced perspectives on the complexities of managing speech in the modern era. They consider the unintended consequences of well-intentioned policies and emphasize the importance of fostering a culture that values open dialogue and critical thinking. This episode provides listeners with a deeper understanding of the tensions between free expression and social harmony in contemporary society.
We bring you a current affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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In this episode of the IEA Podcast, hosts Tom Clougherty and Matthew Lesh are joined by Andrew Lilico, Executive Director & Principal of Europe Economics, to discuss the recent riots across the UK, monetary policy shifts, and financial market volatility. The conversation begins with an in-depth analysis of the factors behind the riots, exploring whether they reveal deeper issues in British society or if they're simply a result of opportunistic behaviour. The panel debates the role of social media, immigration policies, and the effectiveness of law enforcement in handling such situations.
The discussion then shifts to the recent cut in interest rates by the Bank of England and its potential implications. Andrew Lilico, as co-chair of the IEA Shadow Monetary Policy Committee, offers valuable insights into the timing of this decision and whether it may be too little, too late. The podcast delves into the complexities of monetary policy, exploring the differing approaches of central banks and the potential consequences of their actions on inflation and economic growth.
Finally, the panel examines the recent volatility in financial markets, discussing the factors behind the brief panic and subsequent rebound. They explore the interconnectedness of global economies, the impact of technological advancements like AI, and the challenges of predicting market crashes. The conversation concludes with a critique of fiscal rules and their effectiveness in managing government spending and debt.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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In this episode of the IEA Podcast, we dive deep into the recent £20 billion "black hole" reported in the UK's public finances. Our expert panel, featuring Professor Len Shackleton, Editorial & Research Fellow, alongside hosts Matthew Lesh and Tom Clougherty, dissects the reality behind these figures and what they mean for the country's economic outlook. The discussion explores how this financial shortfall might impact future government spending and policy decisions.
The conversation then shifts to the contentious issue of junior doctors' pay and the broader implications for public sector wages. Our panel examines the recent pay settlements, their potential consequences for productivity and efficiency in the NHS, and the delicate balance between fair compensation and fiscal responsibility. The role of unions in these negotiations is also scrutinised, with insights into how their influence might shape future labor market dynamics.
Lastly, the podcast delves into the current government's plans for labour market regulation. The panel analyses proposed changes to minimum wage policies, employment rights, and sector-specific bargaining. They discuss the potential impacts of these reforms on businesses, workers, and the overall economy, offering a critical perspective on whether these changes align with the goal of promoting economic growth.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
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In this episode of the IEA Podcast, Dr. Stephen Davies, Senior Education Fellow, Harrison Griffiths, Communications Manager, and host Matthew Lesh, Director of Public Policy & Communications, delve into the complex landscape of political realignment in the UK and US. They explore how traditional left-right divisions are being reshaped by new cultural and economic fault lines, examining recent electoral shifts and their implications for the future of politics.
The discussion covers a wide range of topics, from the transformation of the Republican Party under Trump to the challenges facing classical liberals in this new political environment. The guests offers analysis on the rise of populism, the changing nature of voter coalitions, and the potential long-term consequences of these shifts for economic and social policy.
Dr. Davies provides a historical perspective on political realignments, while the panel debates strategies for promoting liberal ideas in an increasingly polarised landscape. They grapple with difficult questions about the future of free market economics, individual liberty, and the role of government in addressing societal challenges.
We bring you a public affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe
Join us for the recent Institute of Economic Affairs (IEA) panel discussion "The Future of the Right". Chaired by Reem Ibrahim, Communications Officer, this event brings together The Rt Hon Steve Baker FRSA, Jack Rankin MP, Dr Steve Davies, Paul Reynolds, and Bartek Staniszewski to explore the critical issues facing the political right and following the Conservative's recent landslide defeat.
Our panelists delve into a wide range of topics, including the future of the Conservative Party, the meaning of freedom in modern politics, economic challenges facing the UK, and the evolving definition of right-wing ideology. They discuss the impact of recent election results, the need for a new generation of conservative thinkers, and the balance between free-market principles and state intervention.
The conversation also touches on controversial subjects such as immigration, housing policy, and the sustainability of the welfare state. This thought-provoking discussion offers unique insights into the challenges and opportunities facing conservative politics. Whether you're a political enthusiast, a concerned citizen, or simply curious about the future of the right, this event provides a comprehensive and engaging exploration of the issues that will shape our political landscape for years to come. Don't miss this opportunity to hear from some of the most influential thinkers in conservative politics as they chart a course for the future of the right.
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In this episode of the IEA Podcast, host Matthew Lesh is joined by Andy Mayer, Chief Operating Officer, and Harrison Griffiths, Communications Officer, to dissect the recent King's Speech and its implications for the UK's energy, planning and railway sectors. The panel dives deep into the government's ambitious planning reforms, exploring how these changes could potentially boost economic growth while addressing concerns about overregulation and bureaucratic overreach.
The discussion then shifts to the energy sector, examining the establishment of Great British Energy and the controversial ban on new oil and gas exploration. The team critically analyses these policies, questioning their effectiveness in achieving net-zero goals and their impact on energy security. Finally, the podcast tackles the government's plans to renationalise railway franchises, debating the merits and pitfalls of increased state involvement in public transportation. Throughout the episode, our experts offer insightful commentary on how these policies align with classical liberal principles and their potential consequences for the UK's economic future.
Our goal is to bring you a public affairs podcast with a difference. We want to get beyond the headlines and the shallow political commentary you'll get elsewhere and focus instead on the big ideas and foundational principles that classical liberals should care about.
This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit insider.iea.org.uk/subscribe
In this episode of the IEA Podcast, Tom Clougherty and Matthew Lesh are joined by Sam Dumitriu, Head of Policy at Britain Remade, to discuss Labour's ambitious plans for housing, infrastructure, and economic growth. The conversation delves into the party's strategy to reform the planning system, restore housing targets, and streamline infrastructure projects. Sam provides insights into the challenges faced by previous governments and explores whether Labour's approach can overcome the long-standing obstacles to development in the UK.
The discussion covers a range of topics, including the impact of NIMBYism, the complexities of the planning process, and the potential for private sector involvement in infrastructure projects. The panel examines the role of judicial reviews in delaying major developments and debates the merits of Labour's proposed National Wealth Fund. This episode offers a comprehensive analysis of the UK's housing and infrastructure challenges, providing listeners with a deeper understanding of the issues at stake and the potential solutions on the horizon.
Our goal is to bring you a public affairs podcast with a difference. We want to get beyond the headlines and the shallow political commentary you'll get elsewhere and focus instead on the big ideas and foundational principles that classical liberals should care about.
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In this episode of the IEA Podcast, host Tom Clougherty and co-host Matthew Lesh are joined by Dr. Michael Turner, a pollster, strategist, and fellow at the Adam Smith Institute, to dissect the recent UK General Election results. The conversation delves into Labour's victory, exploring the nuances behind their substantial majority and the implications for their policy agenda. The panel examines the challenges facing Keir Starmer's leadership and the potential obstacles in implementing promised reforms.
The discussion also turns to the Conservative Party's defeat, analysing the factors contributing to their loss and the party's future direction. The rise of Reform UK and its impact on the political landscape is explored, along with the changing dynamics of voter behaviour and party loyalty. This episode offers a comprehensive look at the election's outcomes, the shifting political geography in the UK, and the potential consequences for policy-making in the coming years.
Our goal is to bring you a public affairs podcast with a difference. We want to get beyond the headlines and the shallow political commentary you'll get elsewhere and focus instead on the big ideas and foundational principles that classical liberals should care about.
Get full access to Insider at insider.iea.org.uk/subscribe
In this episode of the IEA Podcast, host Tom Clougherty and co-host Matthew Lesh are joined by Dr. Michael Turner to analyse the recent UK General Election results.
The discussion covers Labour's victory and its implications, the challenges facing Keir Starmer's leadership, the Conservative Party's defeat and future direction, and the rise of Reform UK. The panel explores the changing dynamics of voter behaviour, the shifting political landscape, and the potential consequences for policy-making in the years ahead. Going beyond shallow political commentary, this episode offers a comprehensive look at the election's outcomes and the big ideas that classical liberals should care about.
In this recorded IEA Book Club event hosted by the Institute of Economic Affairs, author Marc-William Palen and IEA Managing Editor Dan Freeman explore Palen's book "Pax Economica: Left-Wing Visions of a Free Trade World."
The conversation delves into the overlooked history of left-wing free traders from the 1840s to the present, challenging common narratives about free trade ideology. Palen examines how figures like Richard Cobden, Karl Marx, and Cordell Hull shaped leftist free trade thought, and how it intersected with anti-imperialism, peace movements, and workers' rights. This thought-provoking discussion offers fresh perspectives on the history of economic thought and its relevance to contemporary debates on globalisation and trade policy.
In this episode of the IEA Podcast, Tom Clougherty and Matthew Lesh are joined by Daniel Freeman to explore three controversial topics: Nigel Farage's comments on Ukraine and NATO expansion, the potential implementation of road pricing in the UK, and the relationship between neoliberalism and populism.
The panel offers nuanced analysis and challenges conventional wisdom, examining these complex issues from a classical liberal perspective. By delving deeper than typical political commentary, the hosts aim to provide listeners with a comprehensive understanding of the big ideas and foundational principles that underpin these current debates.
The Institute of Economic Affairs recently hosted a Book Club event reflecting on "The Orange Book" published by the Liberal Democrats 20 years prior in 2004. The event was hosted by Tom Clougherty, Executive Director of the IEA, and featured three of the original authors - Mark Oaten (Former MP & Home Affairs Spokesperson), Baroness Susan Kramer (Former Minister of State for Transport), and Sir Vince Cable (Former Leader of the Liberal Democrats).
The panelists discussed the origins and impact of The Orange Book, which aimed to reclaim economic liberalism within the Liberal Democrat party at the time. They reflected on how ideas changed during the Coalition government years, with insights around industrial policy, privatisations, regulation, public service reform and more. Key topics covered included the struggle to enact radical policies, the role of the market vs. government intervention, and the compatibility of economic and social liberalism.
Looking ahead, the panel debated what a new "Orange Book" focused on reclaiming liberalism might include today - addressing issues like the fiscal challenges, Brexit, environmentalism, and even artificial intelligence. While differences remained between the economic and social liberal perspectives, there was shared emphasis on the need for a more popular, outward-looking brand of liberalism to tackle nationalism and populism.
In this new and improved episode of the IEA Podcast, hosts Tom Clougherty and Matthew Lesh as host and co-host, they are joined by Kristian Niemietz, IEA Editorial Director, to dissect the recently released party manifestos for the upcoming general election.
The team delves into the parties' approaches to tax and spend, planning systems, the National Health Service, and regulation in general. They critically examine the similarities and differences between the major parties' proposals, highlighting the lack of substantial new ideas and the risk-averse nature of most manifestos.
The discussion reveals the challenges in implementing meaningful change, particularly in areas like housing reform and NHS improvements. The hosts explore the potential impact of regulatory proposals that often go unscrutinised compared to tax and spend plans, and touch on the Reform Party's unique healthcare proposals and the broader implications of manifesto promises for the UK's economic future.
Our goal is to bring you a public affairs podcast with a difference. We want to get beyond the headlines and the shallow political commentary you'll get elsewhere and focus instead on the big ideas and foundational principles that classical liberals should care about.
In this IEA Book Club event, Michael F. Cannon from the Cato Institute challenged perceptions of the U.S. healthcare system as a free market, arguing it encompasses all forms of socialized medicine seen globally. He advocated market-based reforms to reduce costs, improve quality, and expand access by empowering consumer choice over third-party payers. Cannon also discussed emerging healthcare innovations and paid tribute to the late David Boaz's influential libertarian leadership.
On this IEA Podcast episode, host Matthew Lesh discusses Europe's struggles to keep pace with the US and China in the AI revolution with British entrepreneur David Galbraith. Galbraith argues Europe's ageing economic model and aversion to risk have left it lacking tech giants and unable to fully capitalise on the digital economy. He explores Europe's energy policies, touting nuclear and EVs as potential solutions to power intense AI computing needs. Galbraith calls for policies fostering private innovation over premature AI over-regulation that could sideline Europe as the technology rapidly progresses.
"You Do Not Exist: An Introduction to George Orwell's 1984" is a comprehensive analysis of one of the most influential novels of the 20th century, published by the Institute of Economic Affairs (IEA). This thought-provoking work delves into the life of George Orwell, the historical context that shaped his writing, and the enduring relevance of his masterpiece, 1984. Through a meticulous examination of Orwell's experiences, influences, and the novel's themes, the author, Christopher Snowdon, offers a compelling exploration of the novel's warnings against totalitarianism, the corruption of language, and the erosion of objective truth. Combining biographical details, literary analysis, and contemporary parallels, "You Do Not Exist" serves as an invaluable guide to understanding the depth and resonance of Orwell's dystopian vision, inviting readers to contemplate the timeless lessons and cautionary tales embedded within its pages.
Labour leader Sir Keir Starmer has proposed implementing VAT on private school fees if elected. The Institute of Economic Affairs hosted a debate weighing the pros and cons, with Max Marlow of the Adam Smith Institute arguing for the VAT exemption as education provides public benefits, while IEA's Daniel Freeman advocated applying VAT universally for a simpler tax base. The two free market think tankers delved into defining public goods, market distortions from tax exemptions, and impacts on private school enrollment if fees increase. Examining the philosophical role of the state vis-a-vis education and optimal tax policy principles, the lively exchange highlighted the nuances around this controversial issue.
On this IEA Podcast episode, host Matthew Lesh discusses the hot button UK immigration policy issue with Professor Jonathan Portes of King's College London as political parties announce restrictive plans ahead of elections. Portes, an expert on labor markets and immigration, analyzes the recent immigration spike, arguing the system should bring in economically beneficial workers rather than fixating on numbers. He addresses common concerns around impacts on public services, housing, productivity and social cohesion, pushing back on anti-immigration arguments while acknowledging trade-offs like housing supply constraints in this nuanced look at one of Britain's most polarising topics.
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The Conservative Party's proposal to reintroduce 12 months of mandatory national service if they win the general election has sparked a heated debate between Matthew Lesh, Director of Public Policy and Communications at the Institute of Economic Affairs, and James Price, a former government advisor.
Lesh argues against the policy, viewing it as an infringement on individual liberty and questioning its effectiveness, while Price, once a classical liberal, makes a case for it as a necessary measure to promote social cohesion, patriotism, and resilience in an increasingly fragmented society. The discussion delves into the role of government in shaping culture, the perceived decline of traditional institutions, the challenges faced by younger generations, and the trade-offs between individual freedom and collective responsibility surrounding the national service debate.
In this week's IEA Podcast episode, host Reem Ibrahim and guest Andy Mayer from the Institute of Economic Affairs discuss the appalling findings of the UK's Infected Blood Inquiry, which revealed over 30,000 people were infected with HIV and hepatitis C from contaminated NHS blood products in the 1970s-80s.
Mayer demonstrates the NHS, clinicians and governments of repeatedly failing patients by covering up risks for decades to avoid compensation, enabled by the NHS's lack of market incentives for transparency and innovation - a catastrophic institutional failure costing thousands of lives. Exploring why the NHS covered up the scandal, Mayer argues introducing market mechanisms to the blood supply could have prevented or resolved it sooner by driving higher quality suppliers, product diversity and safer treatment innovation.
In this new Institute of Economic Affairs "In Conversation" interview, Tom Clougherty sits down with renowned conservative historian and commentator Simon Heffer. Heffer pulls no punches in his scathing critique of contemporary Conservative leadership and the party's civil war over Europe. He explores major challenges Britain faces - an aging population, pressures on the welfare state, and the need for pro-growth economic reforms. Heffer calls for reining in corporatism and state overreach while incentivizing hard work and self-reliance. He advocates transitioning from a welfare state to a "welfare society" rooted in Victorian values of self-help, making this a must-watch discussion on the future of British politics and economics.
On this IEA Podcast episode, host Matthew Lesh engages Tom Clougherty, the Institute of Economic Affairs' Executive Director, in a thought-provoking discussion centered around the government's recent efforts to cut red tape. They dive deep into the 10-point plan announced, which includes measures like issuing new regulations only when "absolutely necessary" and imposing stronger growth duties on regulators. While acknowledging these as positive steps, Clougherty argues that they fail to truly reshape Britain's regulatory landscape fundamentally. The conversation explores the origins of the modern regulatory state, the institutional and cultural forces driving over-regulation, and the structural reforms needed, such as mandatory sunset clauses and a senior government figure spearheading deregulation, to counterbalance these pressures effectively.
In this week's Swift Half with Snowdon, we are joined by Lord Frost, the former Chief Brexit Negotiator and Europe Adviser to Prime Minister Boris Johnson.
Lord Frost provides an explosive insider's view on the chaos of Brexit negotiations under Theresa May, having to reset the failed talks after joining Boris Johnson by taking a hardline no-deal stance, and his principled resignation over pushing lockdowns and vaccine passports despite Omicron's low threat. He also weighs in on nanny state overreach, European courts overstepping, and needed reforms to the House of Lords.
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On this episode of the IEA Podcast, host Matthew Lesh and guest Harrison Griffiths of the Institute of Economic Affairs analyze a recent report claiming high immigration levels have burdened Britain's economy, public services and social cohesion rather than boosting growth as promised.
Harrison rebuts arguments that immigrants deter capital investment or drain public finances, instead attributing those trends to flawed government policies. They also discuss balancing public anti-immigration sentiments against labor demands, potential shifts towards only admitting high-skilled immigrants, and how the small boats issue has toxified the immigration debate, though Harrison notes valid cultural integration concerns exist alongside the economic considerations.
With over half a million more Brits economically inactive compared to pre-pandemic, concerns grow about the UK's economic potential amid labor shortages. Prime Minister Rishi Sunak has announced cracking down on disability benefits, claiming exploitation of the system. This week's IEA podcast asks: Where are the missing workers?
Host Matthew Lesh and guest Prof. Len Shackleton explore the spike in long-term sickness inactivity, especially among younger people. They analyze whether disability benefits are being exploited or if socioeconomic factors like mental health, drug abuse, and NHS backlogs are root causes. The pair also examine potential solutions from overhauling welfare incentives to boosting productivity through upskilling. Shackleton provides historical context on the "deserving" vs "undeserving" poor debate framing this complex policy challenge. Tune in for insights on a critical economic issue.
In this episode of The Swift Half with Snowdon, Christopher Snowdon welcomes Erik W. Matson, Senior Research Fellow at the Mercatus Center at George Mason University, to delve into Matson's latest work "New Paternalism Meets Older Wisdom". Matson's book, a critical examination of the "new paternalism" philosophy within behavioural economics, published by the IEA, challenges the notion that nudging policies based on choice architecture truly serve individuals' best interests.
Drawing from insights of philosophers like David Hume and Adam Smith, Matson argues for respecting individual autonomy and cautions against paternalistic interventions that may undermine authentic human agency. Their conversation touches on various aspects, including time inconsistency in decision-making and the dangers of overriding diverse values based on simplistic assumptions of people's "true" desires.
Join us for an IEA Book Club discussion with Alex Edmans, Professor of Finance at London Business School and acclaimed author, as he delves deep into the themes of his latest book, "May Contain Lies: How Stories, Statistics and Studies Exploit Our Biases - And What We Can Do About It". Hosted by Tom Clougherty, Executive Director, this event promises to unravel the intricacies of bias in education, peer review, and data interpretation, offering invaluable insights.
Alex outlines the value of questioning and curiosity in education, challenging conventional methods of learning and advocating for fostering independent thinking. He presents key examples where data presentation leads to opposing conclusions, including the benefits of wider pay gaps and diversity quotas.
In a thought-provoking exchange, Alex dissects flaws within the peer review process, shedding light on how bias can hinder scientific advancement. From humorous anecdotes to sobering revelations, he navigates through the complexities of data interpretation, urging audiences to embrace intuition while remaining vigilant of data-driven limitations.
Join Matthew Lesh, Public Policy & Communications Director at the IEA, and Dr. Kristian Niemietz, Editorial Director at IEA, in a compelling dialogue as they tackle the contentious query: Did empire make Britain rich?
In this week's episode of the IEA Podcast, Dr. Niemietz draws from his latest book, "Imperial Measurement: A Cost-Benefit Analysis of Western Colonialism," to offer a critical examination of colonialism and slavery's economic impact on Britain's prosperity. From Adam Smith's historical critiques to contemporary discussions fueled by movements like Black Lives Matter, the conversation navigates the economic arguments surrounding colonialism. Dr. Niemietz dissects the traditional narrative of empire's economic benefits, analyzing the costs of empire maintenance, colony profitability, and the enduring effects on colonized nations. Through meticulous analysis and historical context, the podcast illuminates the intricacies of Britain's colonial legacy and its relevance in understanding modern economics.
In our latest In Conversation event, we had the pleasure of hosting Dominic Frisby, a multifaceted finance commentator, comedian, and author. Frisby delved into topics ranging from libertarianism and finance to the impact of Bitcoin and the future of tax, offering insightful perspectives. Joined by IEA's Executive Director, Tom Clougherty, Frisby shared valuable insights drawn from his extensive experience. Explore how decentralised technologies and cryptocurrencies are transforming economic paradigms, and gain insights into the potential effects of digital nomadism on government tax revenue.
Join Adrian Chiles and Christopher Snowdon on The Swift Half with Snowdon as they delve into the complexities of alcohol consumption and societal norms. From Chiles' insights from his documentary "Drinkers Like Me" to discussions on drinking guidelines and labelling, the conversation offers thought-provoking perspectives on moderation and personal choices. With expertise in lifestyle economics and broadcasting experience, Snowdon and Chiles navigate through the layers of drinking culture, challenging perceptions and exploring the intersection of policy, lifestyle, and personal freedom. Tune in for an engaging discussion that goes beyond the surface, shedding light on the nuances of alcohol dependence and social drinking.
Join Harrison Griffiths, IEA Communications Officer, and Bryan Cheang from the Centre for the Study of Governance and Society at King's College London in a deep dive into Singapore's economic transformation since 1965. Bryan provides valuable insights into the blend of pro-market policies and interventionist measures that have propelled Singapore from poverty to prosperity, emphasizing personal responsibility and investment in human capital. Discover the lessons other nations can draw from Singapore's experience and gain practical insights for navigating today's economic landscape with maturity and foresight. Dive into The Realities of Socialism, a multimedia project aimed at educating about socialism's global impact throughout the 20th century.
Join us for this week's podcast as we delve into how Britain can foster a more entrepreneurial environment. Head of Research at The Entrepreneurs Network, Eamonn Ives, and Public Policy & Communications Director Matthew Lesh discuss pressing issues surrounding taxation, innovation, and labor dynamics. From proposing reforms to simplify the tax system to exploring the role of innovation in entrepreneurship, our guests tackle key questions about Britain's economic future. They also examine the regulatory landscape and share insights on supporting startups in sectors like health tech and AI. Tune in to gain valuable perspectives on navigating the complexities of today's economic landscape and subscribe for future episodes.
Explore the Roman Empire's dynamics during the Antonine Plague with Colin Elliott, Associate Professor at Indiana University and author of "Pax Romana." Elliott offers profound insights into the pandemic's impact on the economy, military, and society, challenging conventional views on Roman cities' roles. He navigates complexities, highlighting economic interconnections and societal resilience, providing invaluable perspectives on this pivotal period in history.
Join Matthew Lesh, Director of Public Policy & Communications at IEA, as he hosts Rainer Zitelmann, Historian & Author, for an insightful exploration of poverty alleviation strategies discussed in Zitelmann's book "How Nations Escape Poverty."
This week's question: how do nations escape poverty?
Through critical analysis, Zitelmann underscores the significance of economic freedom and market-oriented reforms in fostering development, drawing on case studies from Vietnam to Poland to illustrate transformative economic shifts. By examining the role of entrepreneurship and market dynamics, the discussion challenges prevailing notions about the sole efficacy of development aid in poverty reduction, offering a grounded perspective on pragmatic policy measures and empirical evidence. Subscribe for informed insights on advancing free and prosperous societies.
In Snowdon's latest episode of Swift Half with Simon Clark, Director of Forest, they tackle the challenges of modern journalism and the erosion of personal freedom in public health policies. From frustrations with media interaction to concerns about biased reporting, Clark sheds light on the need for balanced discussions and the recognition of individual autonomy in lifestyle choices. Gain valuable insights into smoking advocacy and the importance of diverse perspectives in shaping policy decisions in this thought-provoking discussion on journalism, smoking, and individual liberty.
This week, the UK government accused China of cyber attacks on the Electoral Commission and critical employees, leading to sanctions against Chinese state actors. This sparks debates on the adequacy of the UK's China strategy. Join host Matthew Lesh and guest Professor Syed Kamall for a discussion on "How should Britain deal with China?" Professor Kamall provides expert analysis on UK-China relations, covering cyber attack responses, Trump-era dynamics, and economic engagement. Gain insights on navigating China's global influence while balancing economic interests and security concerns.
Join Matthew Lesh, Director of Public Policy and Communications at the IEA, and Carlo Cordasco, Lecturer at the Alliance Manchester Business School, as they explore the question: Should AI be more transparent?
They discuss how AI is reshaping decision-making in sectors like healthcare and finance, the EU's landmark AI Act, and the delicate balance between regulation and innovation. Dive into the intersection of AI and public policy to uncover its implications for society's future.
Dive deep into the realm of Canada's prohibition and more with Christopher Snowdon and special guest, Professor Dan Malleck from Brock University.
Together, they unpack the complexities of alcohol, tobacco, and prohibition, challenging prevailing narratives and advocating for evidence-based approaches. Join us for a thought-provoking discussion that questions conventional wisdom and reflects on the intersection of health, choice, and government intervention.
Join Dr. Kristian Niemietz and guest Vincent Geloso, Assistant Professor of Economics at George Mason University, for a deep dive into the relationship between economic freedom, social mobility, and the UK welfare state. Gain insights into absolute and relative mobility, economic growth's impact, and the role of cultural attitudes and policies. Discover why economic freedom is vital for societal progress and how the UK welfare state has influenced social mobility over time. Don't miss this thought-provoking discussion challenging conventional wisdom and offering fresh perspectives. Subscribe now for more!
Join Matthew Lesh, Director of Public Policy at the IEA, and Iain Murray, Vice President for Strategy at the Competitive Enterprise Institute, as they discuss the priority of addressing climate and social justice. Explore government priorities, regulatory competence, and societal implications with insights on climate action, social justice, and government policy. Subscribe for valuable insights into regulatory reforms and connect with us on social media for more.
Join Harrison Griffiths and IEA Executive Director Tom Clougherty as they dissect the recent Spring Budget. From National Insurance cuts to new taxes on vaping, gain insights into what went well, what went wrong, and the underlying structural issues in the UK economy. Explore the economic challenges within the planning system and energy sector, uncovering bureaucratic hurdles and high costs hindering growth and innovation. Delve into the intertwined challenges of fiscal policy and the size of the state, addressing the need for fundamental reforms. Don't miss out on valuable insights into Britain's economic landscape and the path forward.
Swift Half returns with Christopher Snowden! Join him as he welcomes a range of guests for spirited discussions on society and freedom. This week, Charles Amos, author of "The Musing Individualist" and leader of the Defend Freedom, Stop the Tobacco Ban movement, joins the conversation. They explore libertarianism, dissecting its philosophy and addressing the growing threat of paternalism. From philosophical influences to real-world activism, this episode delves deep into the principles of personal freedom and the impact of policies like the tobacco ban. Listen for insightful commentary on government intervention and the importance of individual liberty. Subscribe now for thought-provoking discussions on the state of freedom in our world.
Explore Brexit's trade impact with Julian Jessop, IEA Economist. Discover the overlooked significance of imports and their role in driving consumer choice. Gain insights into post-Brexit trade dynamics, new agreements, and looming challenges. Subscribe for expert analysis on UK trade and global economics from the IEA.
Join Matthew Lesh, Director of Public Policy & Communications at IEA, in conversation with Callum Williams, Senior Economics Writer at The Economist, as they dissect the question: 'Is globalisation over?' Amidst rising concerns over China's influence and shifts in US policies, Williams challenges the narrative of globalisation's demise, highlighting its enduring benefits and the resilience of global markets. Delve into the complexities of global economic policy and the implications of changing attitudes towards globalisation in this thought-provoking discussion.
How did the world become rich?
Join Daniel Freeman, Deputy Editor at the Institute of Economic Affairs, in a insightful discussion with Mark Koyama, Associate Professor of Economics at George Mason University, as they explore the intriguing insights from Koyama's book, "How the World Became Rich: The History and Origins of Economic Growth."
In this interview, Prof Koyama delves into the historical factors that have fuelled economic growth over the centuries, examining the roles of institutions, culture, geography, demographics, and myths surrounding colonialism's impact on economic growth. Gain valuable insights into the complex dynamics that have shaped the prosperity of nations and discover how these factors continue to influence global economic trends.
Will Gove's housing reforms make a difference?
Join host Matthew Lesh and the IEA's Dr. Kristian Niemietz as they delve into a captivating discussion surrounding the efficacy of Gove's proposed reforms, his stark warnings of antidemocratic trends emerging in society, and the intricate challenges and opportunities presented by the ongoing housing crisis. With a keen focus on housing supply dynamics and policy implications, Dr. Niemietz offers invaluable insights into the roots of the crisis and potential solutions. From brownfield redevelopment to stamp duty cuts, each proposal is scrutinised for its efficacy and impact on renters and homeowners alike.
Subscribe now and gain a deeper understanding of the multifaceted issues surrounding the housing crisis. Explore expert perspectives, policy imperatives, and the path forward in addressing one of society's most pressing challenges.
Join IEA Executive Director Tom Clougherty and Senior Education Fellow Dr. Stephen Davies for an insightful discussion on global catastrophic risks. With over 30 years of educational experience and a deep grasp of political and economic dynamics, Steve offers valuable insights into potential threats to humanity.
In this conversation, Steve delves into his new book, "Apocalypse Next," published by the IEA, which explores global catastrophic risks and their implications. Drawing on extensive research, Steve challenges conventional thinking on risk assessment, the state's role, and technological progress.
From nuclear war to solar flares, Steve highlights various dangers with catastrophic consequences and emphasizes the need for resilience in interconnected global systems.
Throughout, Steve provides insights into how economists can mitigate global risks, advocating for cost-benefit analysis and proactive measures.
Don't miss this engaging conversation on global risks and our future. Subscribe and stay updated on our latest events.
What does Britain's recession mean?
Join Matthew Lesh, Director of Public Policy at the IEA, and economist Julian Jessop as they dissect the implications. Explore fiscal, monetary measures, and future growth prospects. Gain insights into economic challenges and policy prescriptions. Visit iea.org.uk for more expert analysis.
Join us for a deep dive into the debate on banning under sixteens from social media, sparked by Brianna Ghey's tragic murder.
Matthew Lesh, Director of Public Policy and Communications at the IEA, and Timandra Harkness, renowned writer, broadcaster, comedian, and author of the new book 'Technology Is Not the Problem', dissect the proposed ban and its broader implications. Explore Timandra's insightful commentary on regulating technology in the digital age, alongside discussions on the UK's online safety bill and the impact technology played in past political campaigns.
Join Daniel Freeman as he explores the role of peasants and entrepreneurship in medieval Europe with Dr. Robert Portuss, a lecturer in medieval history. Gain fresh insights into the economic agency of peasants and challenge misconceptions about their role in society. Subscribe for more enlightening discussions on historical topics.
Delve into the discussion between Professor Len Shackleton and Reem Ibrahim as they dissect Oxfam's latest report, "Inequality Inc," on the IEA Podcast. Shackleton challenges prevailing narratives on global inequality, scrutinising proposed tax policies and nationalisation demands.
Join the conversation as they explore the nuances of wealth measurement, distinguish poverty from inequality, and assess the potential impact on pension funds and investment portfolios. Subscribe, like, and share for insightful insights into global economic challenges and stay informed on pressing economic issues.
Explore the future of Britain's energy in the latest IEA Podcast. Matthew Lesh, Director of Public Policy and Communications, engages with Kathryn Porter of Watt-Logic. Uncover the nuances of new UK legislation mandating annual oil and gas license rounds.
Delve into the biomass energy controversies, where Kathryn scrutinises the environmental impact of wood pellet biomass. From energy-intensive production to bunker fuel use, discover the realities behind the perceived eco-friendly solution.
Discover the potential of nuclear energy as a credible decarbonisation solution. The discussion covers government ambitions, regulatory challenges, and international success stories, emphasising the urgency amid energy security threats.
For those passionate about the energy future, subscribe to stay informed. Explore discussions on biomass, nuclear energy, and the path to sustainability.
Unlock the secrets of economic freedom in this insightful YouTube Short featuring Matthew Lesh and Christian Bjørnskov. Explore the link between economic freedom and well-being, paying tribute to the late James Gwartney, co-creator of the Fraser Institute's Economic Freedom of the World Report.
Delve into the decline of global economic freedom and gain insights into regulations, government size, and their impact on society. Discover the positive outcomes, from increased wealth to lower corruption. If you're passionate about economics and policy, this short is a must-watch. Subscribe now for a quick dive into the world of economic freedom, regulations, and their impact.
The Post Office scandal shocked the nation, but does it reveal widespread problems with public sector departments?
ITV’s hit drama Mr Bates vs The Post Office revealed one of the biggest miscarriages of justice in UK history. Over 900 sub-postmasters and postmistresses were incorrectly prosecuted as a result of faulty software which made it look like funds were missing. The drama highlights the ways in which their lives were ruined by a faulty computer system, a failing justice system, and a reprehensible government cover-up. The scandal has raised serious questions about a cherished British institution, as well as a fundamental problem with government ownership: lack of accountability.
Join Matthew Lesh, Director of Public Policy & Communications at the IEA, and Henry Hill, Deputy Editor at ConHome, where they discuss this grotesque miscarriage of justice, and what it says about the nature of government due process.
Will the Bank of England achieve 2% inflation? In the latest episode of the IEA podcast,
In this week's IEA Podcast, Matthew Lesh, Director of Public Policy and Communications, engages in a conversation with Julian Jessop, IEA Economics Fellow, to discuss the UK economy in 2024.
Could airport slot reform deliver cheaper flights? How can we encourage competition in the aviation industry?
In this week's IEA Podcast, Director of Public Policy and Communications Matthew Lesh sits down with our Head of Political Economy Kristian Niemetz to discuss this very topic.
If you're interested in learning more about what a market-based airport slot allocation system could look like, check out 'Terminal Problem? The case for a market-based airport slot allocation system': https://iea.org.uk/publications/terminal-problem-the-case-for-a-market-based-airport-slot-allocation-system/
Can the private sector boost national defence? Is there a role for markets in defence?
In this week's IEA Podcast, Director of Public Policy and Communications Matthew Lesh sits down with Keith Hartley, Emeritus Professor of Economics at the University of York.
Keith is also the author of a recent IEA publication, 'The Case For Markets in Defence: Driving efficiency and effectiveness in military spending': https://iea.org.uk/publications/the-case-for-markets-in-defence-driving-efficiency-and-effectiveness-in-military-spending/
Libertarian economist and first-term congressman Javier Milei has won a decisive victory in Argentina’s presidential election. But how did they manage to mobilise Argentinian people to vote for someone who wants to significantly reduce the size of the state?
In this week's episode of Breaking Barriers, IEA Communications Officer and Linda Whetstone Scholar Reem Ibrahim sits down with Valentina Zenocrati. Valentina led the campaign at universities, and leads the Ladies of Liberty Alliance chapter in Mendoza, Argentina.
Global trade has been a positive force for humanity. However, political incentives often result in restrictions on trade.
In this week's IEA Podcast, Director of Public Policy and Communications Matthew Lesh unpacks this dilemma with Philip Thompson, Policy Analyst for International Trade and Intellectual Property at the Americans for Tax Reform.
Is Australia Defeating the NIMBYs? What is the solution to high housing costs?
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down with Chris Rath, an Australian politician who currently serves as the Opposition Whip in the New South Wales Legislative Council.
Colin Wilson was one of the most adventurous cultural rebels of the past century, and yet certainly one of the least understood.
In this episode of Parallax Views, IEA Head of Cultural Affairs Marc Glendening sat down with acclaimed historian Gary Lachman, to discuss Wilson's fascinating life and work.
What are the benefits of tax competition? Does increased competition improve the efficiency of tax collection?
In this week's IEA Podcast, Director of Public Policy and Communications Matthew Lesh sits down with Richard Teather, a leading British academic and consultant specialising in offshore tax.
In October, Rishi Sunak announced plans to introduce a generational ban on tobacco sales which will forbid anyone born after 2008 from ever buying cigarettes, loose tobacco, heated tobacco, shisha and cigarette papers.
Where does this leave smokers today and in the future? Is the government opening a new front in the war on drugs and what are the implications for crime, tax and personal liberty?
This panel, hosted by the Institute of Economic Affairs, discussed the government’s plans to implement the Tobacco and Vapes Bill.
Panelists:
Reem Ibrahim - IEA Communications Officer and Linda Whetstone Scholar (Chair)
Craig Whittaker MP - Member of Parliament for Calder Valley
Christopher Snowdon - IEA Head of Lifestyle Economics
Mark Oates - Director of WeVapeUK
Paul North - Director of Volteface
Prohibition 2.0: Critiquing the Generational Tobacco Ban: https://iea.org.uk/publications/prohibition-2-0-critiquing-the-generational-tobacco-ban/
What is Danish capitalism? Why are there common misconceptions about Denmark's economy?
In this week's IEA Podcast, Director of Public Policy and Communications Matthew Lesh sits down with Stefan K. Sløk-Madsen, Head of Education at the Danish economic think tank CEPOS.
Will the CMA's new powers undermine investment?
This is the audio from a panel hosted by the Institute of Economic Affairs, which discussed the government’s Digital Markets and Competition Bill.
The discussion built on the IEA's recent publication, “Digital Overload”, written by the ICLE’s Dirk Auer and Lazar Radic and the IEA’s Matthew Lesh: https://iea.org.uk/publications/digital-overload-how-the-digital-markets-competition-and-consumers-bills-sweeping-new-powers-threaten-britains-economy/
The paper focuses on the extensive new powers given to the Competition and Markets Authority (CMA) to tackle alleged anticompetitive practices in digital markets by the DMCC Bill. These powers threaten to undermine investment in the UK digital sector and associated innovation because of cumbersome, unclear and ever-changing rules – along with a lack of accountability. Firms may seek to minimise the risk of falling afoul of the new regime and incurring hefty fines and stringent remedies, meaning the UK’s position as a ‘science and technology superpower’ will be undermined.
Panellists:
- Matthew Lesh (Chair)
- Stephen Hammond (MP for Wimbledon)
- Matt Sinclair (Senior Director at the Computer & Communications Industry Association)
- Verity Egerton-Doyle (Antitrust & Foreign Investment Counsel at Linklater)
- Dirk Auer (Director of Competition Policy International Centre at Law and Economics)
Does the Autumn Statement end 'big government'? Are these measures sufficient to get the British economy back on track?
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down IEA Economics Fellow Julian Jessop, to discuss this week's autumn statement.
Can Javier Milei save Argentina? Is dollarisation the key to Argentinian's inflation problems?
Javier Milei, a libertarian economist, has won a decisive victory in the Argentinian presidential election. Labelled "El Loco" (the madman) by his critics, Milei has proposed a radical agenda including ditching the local currency, the peso, in favour of the US dollar, abolishing the central bank, reducing public spending by 15% of GDP, and privatise state-owned enterprises. He also wants to reduce the number of ministries from 24 to just 8, including closing the ministries of culture, women, health and education.
To discuss what Milei’s election means, the IEA's Director of Public Policy and Communications Matthew Lesh sat down with Dr Axel Kaiser, a leading South American libertarian author and political scientist based in Chile. He is also a personal friend of Javier Milei.
Is the news industry broken? How have digital platforms impacted journalism?
In this week's podcast, IEA Director of Public Policy and Communications and Matthew Lesh sits down with Marc Edge, a Canadian journalist, author, and academic.
To learn more, check out the IEA's publication 'Breaking the News: Should digital platforms be required to fund news publishers?': https://iea.org.uk/publications/breaking-the-news-should-digital-platforms-be-required-to-fund-news-publishers/
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Will free markets save the world?
In this video, IEA Head of Political Economy Kristian Niemietz sits down with Swedish author and historian of ideas Johan Norberg.
In his latest book, Norberg argues that large sections of the political and economic establishment talk about the global economy as a geopolitical zero-sum game, where we have to fight to control new innovations, and introduce trade barriers. He states the case for capitalism and the vital role played by the free market in today's uncertain world.
To learn more, check out the full book: https://www.amazon.com/Capitalist-Manifesto-Johan-Norberg/dp/1838957898
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Chaired by Research Assistant Daniel Freeman, the IEA Book Club was delighted to host renowned British economist and author Bernard Conolly to discuss his latest book, “You Always Hurt the One you Love: Central Banks and the Murder of Capitalism”.
You can find out more about how to join the IEA Book Club here: https://iea.org.uk/iea-book-club/
You can also purchase a copy of the book here: https://www.amazon.co.uk/You-Always-Hurt-One-Love/dp/1911397419
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Has Brexit damaged UK trade? Was the OBR's prediction correct?
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down with Trade Economist Catherine McBride.
Catherine is also the author of the IEA's latest publication, Has Brexit Really Harmed UK Trade? Countering the Office for Budget Responsibility’s claims. To learn more, check out the full paper: https://iea.org.uk/publications/has-brexit-really-harmed-uk-trade-countering-the-office-of-budgetary-responsibilitys-claims/
Is ESG investing broken? What are the unintended consequences of pressure to invest in ESG?
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down with Sinclair Davidson, Professor of Institutional Economics in the School of Economics, Adjunct Fellow at the Institute of Public Affairs, and Academic Fellow at the Australian Taxpayers’ Alliance.
Can Latin America overcome authoritarianism? What are the barriers to social mobility?
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh is joined by Archbridge Institute founder Gonzalo Schwarz, as well as Chilean writer, lawyer and political scientist Axel Kaiser.
As paternalism continues to subsume personal choice, is it time to roll back the frontiers of the nanny state?
This is an audio version of the panel held by the Institute of Economic Affairs at Conservative Party Conference in 2023 on encroachment by the nanny state.
Speakers:
Christopher Snowdon, Head of Lifestyle Economics, Institute of Economic Affairs (Chair)
Philip Davies MP
Annabel Denham, Deputy Comment Editor, The Daily Telegraph
Dr Khurram Jowiya, Fiscal and Regulatory Affairs Manager, JTI UK
Emma McClarkin, Chief Executive, British Beer and Pub Association
Is wildlife trade sustainable? What impact will trade barriers have on wildlife trade?
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down with Dr Francis Vorhies. Francis is a distinguished academic in the field of wildlife conservation, economics, and finance, and is the Director and Co-Founder of the African Wildlife Economy Institute. He is also a Professor in the Department of Animal Sciences at Stellenbosch University, and serves as Research Visitor at the Wildlife Conservation Research Unit (WILDCRU) at Oxford University, UK.
What will the future of rail look like?
This is an audio version of the panel held by the Institute of Economic Affairs at Conservative Party Conference in 2023 on the future of rail.
Speakers:
Mark Littlewood, Director General, Institute of Economic Affairs (Chair)
Mary Grant, Chief Executive Officer, Porterbrook
Chris Loder MP
Mark Phillips, Chief Executive, Rail Safety and Standards Board
Greg Smith MP
There have been countless examples of privatisations across the world, but what determines success?
In this video, IEA Communications Officer and Linda Whetstone Scholar Reem Ibrahim sits down with IEA Trade Fellow Shanker Singham. Shanker is one of the world's leading trade and competition lawyers, and worked on the privatisation of the UK electricity market. He was also the Director of the International Trade and Competition Unit (ITCU) of the Institute of Economic Affairs.
Are we finally going to solve the housing crisis?
Earlier this week, the Leader of the Opposition Sir Keir Starmer came out in favour of building 1.5 million new homes if elected. Sir Keir also described himself as a YIMBY or ‘Yes in my back yard’ because he opposes new homes getting blocked by local objections.
In this week's podcast, IEA Communications Officer Harrison Griffiths sits down with IEA Head of Political Economy Kristian Niemietz to discuss the housing crisis.
How can we revive liberalism in an age of conformity? Can we sustain a liberal nation-state?
In this episode of Parallax Views, IEA Head of Cultural Affairs Marc Glendening sits down with Lord David Frost. Lord Frost is a former British diplomat, civil servant and politician who served as a Minister of State at the Cabinet Office between March and December 2021. Frost was also Chief Negotiator of Task Force Europe from January 2020 to December 2021.
Is the British state broken?
From the chaotic early response to covid-19, to record-long NHS waiting lists and a broken planning system, the British state appears unable to solve many political problems.
In this week's IEA Podcast, Director of Public Policy and Communications Matthew Lesh sits down with Professor Alexander Evans OBE to discuss whether the British state is broken. Alexander is a Professor in Practice at the London School of Economics, and former Strategy Director at the Cabinet Office.
Why Is Britain's Infrastructure So Expensive?
There is mounting speculation this week that the government intends to abandon the Birmingham to Manchester leg of HS2 over skyrocketing costs. The link, meant to reach from London to Manchester via Birmingham, could now cost well over £100 billion. This is the latest in a long string of eye-wateringly expensive infrastructure projects.
In this week's IEA Podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down with Head of Policy at Britain Remade Sam Dumitriu. Sam Dumitriu is the Head of Policy at Britain Remade, a campaign group. Before joining, he worked at a range of Westminster think tanks, including the Adam Smith Institute and the Entrepreneurs Network, covering topics including immigration, technology, and education. He also has a Substack called ‘Notes on Growth’.
This week, the Institute of Economic Affairs published a new paper by Sir John Redwood, The New Great Inflation: How Western Central Banks Got It Wrong…and What They Should Do About It.
In this video, IEA Head of Political Economy Kristian Niemetz spoke to Rt Hon Sir John Redwood. A Distinguished Fellow of All Souls College, Oxford he has been a Cabinet Minister and Shadow Cabinet Minister, the chairman of a public listed industrial group, the co-founder of an investment management business and written many newspaper articles. He has published widely on economics and politics including ‘Popular Capitalism’, a book on wider ownership, ‘We Don’t Believe You’, a book on populist movements, and ‘Our Currency, Our Country’, on keeping the pound. He is MP for Wokingham.
To read the full paper, visit https://iea.org.uk/publications/the-new-great-inflation-how-western-central-banks-got-it-wrong-and-what-they-should-do-about-it/
How did women make the West rich? Why do governments and societies seek to police women's bodies?
In this week's episode of Breaking Barriers, IEA Communications Officer and Linda Whetstone Scholar Reem Ibrahim sat down with Victoria Bateman, a British feminist economist and academic, specialising in economic history. She is a fellow in economics at Gonville and Caius College, Cambridge. Victoria is also the author of The Sex Factor: How Women Made the West Rich, and Naked Feminism: Breaking the Cult of Female Modesty.
What's wrong with digital markets regulation? What new powers will the CMA have? In this week's IEA Podcast, Director of Public Policy and Communications Matthew Lesh sits down with Senior Scholar for Competition Policy at the ICLE Lazar Radic. They discussed their new paper Digital Overload: How the Digital Markets, Competition and Consumers Bill’s sweeping new powers threaten Britain’s economy, which they co-authored along with Dirk Auer from the ICLE. To read the full paper, visit https://iea.org.uk/publications/digital-overload-how-the-digital-markets-competition-and-consumers-bills-sweeping-new-powers-threaten-britains-economy/
Belief in big government is almost uncontroversial on the political left. But is the state really the best means to achieve leftist ends?
On this episode, Communications Officer Harrison Griffiths speaks with George Mason University Professor Peter Boetkke to discuss the work of Don Lavoie. In his books National Economic Planning: What is Left? and Rivalry and Central Planning, Lavoie made the left-wing case for individual liberty and free markets.
National Economic Planning: What is Left?
https://www.mercatus.org/hayekprogram/research/books/rivalry-and-central-planning
Rivalry and Central Planning
https://www.mercatus.org/hayekprogram/research/books/national-economic-planning#:~:text=National%20Economic%20Planning%3A%20What%20Is%20Left%3F%20is%20as%20comprehensive%20as,policymakers%20of%20every%20political%20persuasion.
Can European free movement survive?
In this week's IEA Podcast, Director of Public Policy and Communications Matthew Lesh speaks to Dr Emmanuel Comte to discuss whether freedom of movement in Europe is sustainable. Dr Comte is a historian and expert on European migration, specialising in free movement. He is a Senior Research Fellow at the Hellenic Foundation for European and Foreign Policy and a lecturer at the Vienna School of International Studies. Emmanuel also authored The History of the European Migration Regime, published by Routledge in 2018.
Sweden's large welfare state leads some to argue that the country is a case study of successful socialism...but that's not quite the full story.
Communications Officer Harrison Griffiths and Head of Political Economy Kristian Niemietz discuss 'The Mirage of Swedish Socialism', new research by Johan Norberg which charts Sweden's surprisingly complex economic history. 'The Mirage of Swedish Socialism' was published as part of the Fraser Institute's 'Realities of Socialism' project. Find out more here: https://www.fraserinstitute.org/studies/realities-of-socialism
Is there a Gender Pay Gap? Do the statistics really tell us the whole story?
Why are childcare costs so high? In this week's episode of Breaking Barriers, IEA Communications Officer and Linda Whetstone Scholar Reem Ibrahim sits down with the Deputy Comment Editor at the Telegraph Annabel Denham to debunk the Gender Pay Gap, and discuss possible solutions to cut childcare costs.
This is an audiobook version of the Institute of Economic Affairs publication 'Bangers and Cash: Cutting red tape to put Britain at the centre of the cultivated meat revolution', written by Matthew Lesh, Head of Public Policy at the IEA.
The full publication can be read at: https://ieapublication.podbean.com/e/bangers-and-cash-cutting-red-tape-to-put-britain-at-the-centre-of-the-cultivated-meat-revolution-by-matthew-lesh/
This audiobook was read by Cormac Diamond.
Why do authoritarian governments oppress women in different ways to men? How has social media facilitated the freedom movement in oppressive regimes?
In this episode of Breaking Barriers, IEA Communications Officer and Linda Whetstone Scholar Reem Ibrahim speaks to the Founder of More To Her Story, Sarah Little.
Is China In Jeopardy?
China's extraordinary rise to global superpower once appeared to be unstoppable, but now the country is facing a number of difficulties, sending shockwaves throughout the Chinese economy.
On this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down with George Magnus, Associate at the China Centre at the University of Oxford.
With national conservatism on the rise, has the political Right abandoned freedom?
On this week’s episode of Moral Sentiments, IEA Communications Officer Harrison Griffiths speaks to IEA Senior Research Fellow Jamie Whyte about the ideology behind the creeping authoritarianism within conservatism.
How do we tackle crime?
In this week's episode of the IEA Podcast, join us as Communications Officer Harrison Griffiths engages in a candid conversation with Research Assistant Daniel Freeman. Together, they delve deep into the pressing issue of crime in the United Kingdom and explore potential solutions to address this critical challenge.
Should we tax negative externalities like air pollution?
Join us for a thought-provoking debate on one of London's most contentious policies, Sadiq Khan's Ultra Low Emission Zone (ULEZ).
Andy Mayer, the Energy Analyst at the Institute of Economic Affairs, argues against the ULEZ scheme, emphasising its potential economic and social implications. On the other side of the debate, Daniel Freeman, Research Assistant at the Institute of Economic Affairs, makes the case for the ULEZ, highlighting its positive impact on environmental sustainability and public health.
Moderating this debate is Reem Ibrahim, the Communications Officer and Linda Whetstone Scholar at the IEA.
Is the UK overregulating tech?
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down with Head of Tech and Innovation at the Centre for Policy Studies Matthew Feeney to discuss the failure of the government's regulatory efforts in digital space.
The government's recent decision to allow products to continue to carry the EU CE mark has been painted by many as a Brexit climbdown. But is this really the case?
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to Fred De Fossard, Head of the British Prosperity Unit at the Legatum Institute.
Mariana Mazzucato is considered one of the most influential economists of modern times and her book, 'The Entrepreneurial State', has prompted a debate over industrial policy and the role of the state in innovation.
But what should free-marketeers make of this?
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to Alberto Mingardi, Director General of Istituto Bruno Leoni, Italy’s free‐market think tank.
Inheritance tax is back in the news again after HMRC revealed that 49,400 more estates will be paying the tax due to threshold freezes.
To discuss whether the widely unpopular levy is wrong, IEA Director of Public Policy and Communications Matthew Lesh spoke to Senior Economist at the Tax Foundation, Alan Cole.
In both our private and public institutions, the right to free speech is increasingly under threat, but how should we lead the fight back?
To discuss this, IEA Head of Cultural Affairs Marc Glendening spoke to Baroness Fox.
Coutts’ de-banking of Nigel Farage, in part over his political views, has caused a political storm and led to calls for a new duty on banks to uphold free speech.
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to writer and former MEP, Ben Habib.
The UK's competition regulator, the Competition and Markets Authority, has recently u-turned on a move to block Microsoft's controversial acquisition of game maker Activision. Is the CMA's precautionary approach to competition regulation liberal, and what would the seminal liberal economist F.A Hayek have to say about it?
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to IEA Law and Economics Fellow Dr Cento Veljanovski.
Cento has recently authored an IEA report on the topic, which can be read for free here:
https://iea.org.uk/media/big-tech-is-not-bad-says-new-iea-paper/
A new study by the Competition and Markets Authority claims that high supermarket profits are pushing up fuel prices. This comes amid widespread claims that profiteering is driving inflation. But is this all true?
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to IEA Head of Lifestyle Economics Christopher Snowdon.
Sweden is often portrayed as one of socialism's success stories, but is this entirely accurate?
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh talks to Dr Nima Sanandaji, President of the European Centre for Entrepreneurship and Policy Reform, to discuss his article in the latest issue of Economic Affairs arguing that Sweden was an early market innovator.
Chaired by IEA Energy Analyst and Chief Operating Officer Andy Mayer, the IEA Book Club was delighted to host author and journalist Ross Clark to discuss his latest book, “Not Zero: How an Irrational Target Will Impoverish You, Help China (and Won’t Even Save the Planet)”.
This event took place on Tuesday 13th June at the IEA offices.
You can find out more about how to join the IEA Book Club here:
https://iea.org.uk/iea-book-club/
You can also purchase a copy of the book here:
https://www.amazon.co.uk/Not-Zero-Irrational-Target-Impoverish/dp/1800752423
The average mortgage rate has risen above 6 per cent, representing the highest rate since the mini-budget fiasco of last year. But why is this the case?
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to Joseph C. Sternberg, Political Economics columnist at The Wall Street Journal and member of the newspaper's editorial board.
This week, the IEA released Edwin Van De Haar's 'Human Nature and World Affairs: An introduction to Classical Liberalism and International Relations Theory'.
In this recording, IEA Head of Education Dr Steve Davies speaks to Van De Haar about what classical liberals should think about the international realm.
Why do some nations prosper while other fail?
This is a question that has troubled social scientists for centuries and it is the topic of a new book, 'Institutions and Economic Development: Markets, Ideas and Bottom-Up Change', co-authored by Dr Bryan Cheang and Dr Tom G. Palmer.
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh speaks to Dr Cheang to discuss the book and why economic growth is vital to national success.
You can buy the book here:
https://link.springer.com/book/10.1007/978-981-99-0844-8
This week, the IEA published 'Did Lockdowns Work?: The verdict on Covid restrictions', authored by Jonas Herby, Lars Jonung and Steve H. Hanke, which can be read here: https://iea.org.uk/publications/did-lockdowns-work-the-verdict-on-covid-restrictions/
In this episode of the IEA Podcast, IEA Director of Public Policy and Communications Matthew Lesh speaks to Jonas and Lars to discuss their findings.
Friedrich Hayek is rightly considered to be one of the intellectual forefathers of classical liberalism and his famed work, 'The Road to Serfdom', is thought of by many to be the ideology's clearest codification.
However, with the book's 80th anniversary looming, we thought it would be a good idea to revisit this seminal work and ask the question, was Hayek right?
On the panel was:
Dr James Forder (Chair) - IEA Academic and Research Director
Dr Kristian Niemietz - IEA Head of Political Economy
Professor Mark Pennington - Professor of Political Economy and Public Policy at King's College London
Sherelle Jacobs - Daily Telegraph columnist
This week saw the release of the Nanny State Index 2023, a joint project of the IEA and EPiCENTER. The index ranks European countries based on their policies towards alcohol, tobacco, vaping, food and soft drink.
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh discusses the UK's nanny state trajectory with the index's editor IEA Head of Lifestyle Economics Christopher Snowdon.
You can read the latest Nanny State Index here:
https://nannystateindex.org/
This week's record net migration figures have caused many to question the government's immigration policy and whether immigration is too high.
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to Director of British Future Sunder Katwala and Ilya Somin, a law professor at George Mason University.
In this episode of Parallax Views, IEA Head of Cultural Affairs Marc Glendening sits down with Bryn Harris, Chief Legal Counsel at the Free Speech Union, to discuss the threats to and limits of free speech.
Labour has pledged to become the party of increased housebuilding. But will their strategy work?
To discuss this and much more, IEA Director of Public Policy and Communications Matthew Lesh spoke to Dr Samuel Hughes, Head of Housing at the Centre for Policy Studies.
With the other stories dominating headlines, you might have missed a United States Supreme Court case being fought across the pond. The case involves 94-year-old Minneapolis woman Geraldine Tyler, who in 2015 had her condo seized by Hennepin County due to unpaid property taxes amounting to $15,000. A year later, the condo was sold for $40,000, and Tyler received nothing.
Represented by Christina Martin of the Pacific Legal Foundation (PLF), Tyler is now fighting her case in the Supreme Court, arguing that the state had no right to retain the remaining £25,000 from the value of the sale.
To discuss this, IEA Communications Officer Harrison Griffiths spoke to PLF attorney David J. Deerson.
The recent release of the gambling white paper has re-energised the debate on gambling regulation. On the one hand, many are calling for increased regulations on gambling companies to protect vulnerable consumers, while others argue that heavy regulation can damage consumer rights and infringe on basic freedoms.
In this episode of the Swift Half with Snowdon, IEA Head of Lifestyle Economics Christopher Snowdon speaks to Dan Waugh, gambling regulation expert and Partner at Regulus Partners.
The Bank of England's Monetary Policy Committee has voted to raise interest rates from 4.25 per cent to 4.5 per cent. This has caused debate among economists, with some arguing that continuing high inflation necessitates a further rates hike, while others point to the reversal of quantitative easing as evidence for a more cautious approach.
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to IEA Economics Fellow and member of the IEA's Shadow Monetary Policy Committee (SMPC) Julian Jessop.
The SMPC's response to the interest rates rise can be read here:
https://iea.org.uk/media/dont-raise-interest-rates-says-shadow-monetary-policy-committee/
Should the police be privatised? Should we have open borders?
In this recording, IEA Communications Officer Harrison Griffiths interviews Dr David D. Friedman to discuss the anarcho-capitalist perspective on these questions and many more.
Dr Friedman is is an American economist, physicist, legal scholar, author, and anarcho-capitalist theorist. He currently serves as a Professor Emeritus at the Santa Clara University School of Law.
His book, 'The Machinery of Freedom: A Guide to Radical Capitalism', can be read online here: http://www.daviddfriedman.com/Machinery%203rd%20Edn.pdf
The advent of AI technologies such as ChatGPT has brought much excitement. While many have celebrated this innovation, an increasing number are calling for greater regulations to mitigate its perceived risks. But could heavy-handed regulation harm the sector and prevent threaten future innovation?
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh sat down with Adam Thierer, Senior Fellow in Technology and Innovation at the R Street Institute, a Washington DC think tank.
In this podcast, IEA Director of Public Policy and Communications Matthew Lesh speaks to IEA Senior Research Fellow Dr Jamie Whyte about the efficacy and affordability of government subsidies.
Liberals are split on the culture war. On the one hand, many regard increasing censorship in universities and public institutions as a threat to liberal values and as such a legitimate intellectual battle ground. Others, however, are more wary, and argue that liberals should be hesitant in potentially allying themselves with elements of the conservative right.
In this debate, chaired by IEA Head of Public Policy and Communications Matthew Lesh, this question is put to the test.
Arguing for the motion:
IEA Head of Political Economy Kristian Niemietz
IEA Head of Cultural Affairs Marc Glendening
Arguing against the motion:
IEA Communications Officer Harrison Griffiths
IEA Communications Officer Reem Ibrahim
The collapse of Silicon Valley Bank and Credit Suisse has put banks back in the news as many debate what can be done to stop this from happening. Increased regulation to prevent banks from failing is often proposed, but could this safety net encourage banks to behave more riskily?
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh sat down with Jón Danielsson, one of the two Directors of the Systemic Risk Centre and Reader in Finance at the LSE.
The NHS is in a bad way. Waiting times are long and doctors are striking over pay. But how underpaid are they and what reform would benefit the NHS?
To discuss this, IEA Director of Communications and Public Policy Matthew Lesh sat down with IEA Head of Political Economy Kristian Niemietz.
With flavoured e-cigarettes potentially set to be banned in the UK and US, many are wondering whether lifestyle regulation is going too far.
In this Swift Half with Snowdon, IEA Head of Lifestyle Economics Christopher Snowdon talks to author and journalist Jacob Grier about free choice and creeping prohibition.
In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh discussed the reasons behind Britain's sluggish economic growth with Dr Tyler Goodspeed, Kleinheinz Fellow at the Hoover Institution at Stanford University.
In this episode of the Swift Half with Snowdon, IEA Head of Lifestyle Economics Christopher Snowdon is joined by Mail on Sunday Columnist Peter Hitchens to discuss the grammar school revolution.
You can buy Peter's latest book on the topic, 'A Revolution Betrayed: How Egalitarians Wrecked the British Education System', here: https://www.amazon.co.uk/Revolution-Betrayed-Egalitarians-Wrecked-Education/dp/1399400088
In this episode of the IEA Podcast, IEA Director of Public Policy and Communications Matthew Lesh talks to IEA Academic and Research Director James Forder about his latest paper on the Serious Fraud Office.
James' paper, 'Fraud Focus: Is the Serious Fraud Office fit for purpose?', can be read here: https://iea.org.uk/publications/fraud-focus-is-the-serious-fraud-office-fit-for-purpose/
The advent of AI programmes such as ChatGPT has many concerned. But how scared should we be of these innovations?
To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to James Lawson, Senior Fellow at the Adam Smith Institute. James previously worked as a Senior Special Adviser in the Cabinet Office and prior to his role in government, he was a Director at Microsoft, as a CTO for Strategic Accounts.
The 9th of March 2023 marked 247 years since the release of Adam Smith's seminal book, The Wealth of Nations. With liberalism on the decline, this week's podcast asks the question, what can policymakers learn from Adam Smith?
IEA Communications Officer Harrison Griffiths sat down with Eamonn Butler, Director of the Adam Smith Institute, to discuss this.
Eamonn's primer on Adam Smith can be found here: https://iea.org.uk/multimedia/video/eamonn-butler-adam-smith-a-primer
On this week's IEA Podcast, IEA Director of Public Policy and Communictions Matthew Lesh spoke to Matthew Hodgson, Technical Co-Founder of Matrix.org. They discussed the importance of encrypted messaging and the likely impact of the Online Safety Bill on online privacy.
Recent research from the Fraser Institute's Realities of Socialism project shows that 53% of Brits under 35 regard socialism as their ideal economic model.
In this week's podcast, IEA Communications Officer discussed these findings with IEA Head of Political Economy Kristian Niemietz and explored whether young people can be dissuaded from socialism.
What does the resumption of oil imports from the United States mean for the Venezuelan socialist regime?
To discuss this, IEA Communications Officer Harrison Griffiths spoke to Jesus Armas, former councillor in Caracas, Obama Scholar and Chief Executive Officer at Ciudadania Sin Limites.
The Northern Ireland Protocol is back in the news as EU and UK negotiators seem on the verge of a breakthrough deal.
But what is the Protocol and is it working?
In this week's podcast, IEA Head of Public Policy Matthew Lesh discussed this with Hugh Bennett, former member of the Brexit negotiating team and former Special Advisor to both Boris Johnson and Liz Truss.
IEA Head of Public Policy Matthew Lesh discusses China's transformation into a powerful tech giant with Telecom Industry expert John Pelson.
Matthew asked John about how China is aggressively taking over the technological space and is now leading the world in 5g technologies.
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Recent high inflation has not been exclusive to the UK.
Across Europe, many countries are experiencing the same phenomenon. But what has caused this and what can be done to control the damage already done?
To answer this, IEA Head of Public Policy Matthew Lesh speaks to Adam Bartha, the Director of EPICENTER. They discuss EPICENTER's latest paper, 'Tackling Europe's Cost of Living Crisis', which explores the causes and solutions to Europe's inflationary problem.
The paper can be read here: https://iea.org.uk/publications/tackling-europes-cost-of-living-crisis/
What is net neutrality and why is it damaging?
In this episode of the IEA Podcast, IEA Head of Public Policy Matthew Lesh discusses this with Senior Vice President at Strand Consult and Senior Contributor to Forbes Magazine, Dr Roslyn Layton.
Last year, Matthew authored, 'Expanding the Web: The case against net neutrality', which can be read here:
https://iea.org.uk/publications/expanding-the-web-the-case-against-net-neutrality/
In this episode of the IEA Podcast, IEA Head of Public Policy Matthew Lesh speaks to author and Distinguished Fellow in Political Economy and Senior Research Faculty at the American Institute for Economic Research, Dr Samuel Gregg. They discuss free market capitalism's decline in popularity and Samuel's new book, 'The Next American Economy: Nation, State, and Markets in an Uncertain World'.
Samuel's book can be bought here: https://www.amazon.co.uk/Next-American-Economy-Markets-Uncertain-ebook/dp/B09NP3HBW2/ref=sr_1_13?crid=OTU1LTHJPH8Q&keywords=samuel+gregg&qid=1674146222&sprefix=samuel+gregg%2Caps%2C70&sr=8-13
Last December Chancellor Jeremy Hunt announced a package of reforms to financial services known as the 'Edinburgh Reforms'. The reforms would strip back burdensome EU red tape in an effort to make the City competitive against other international financial hubs.
But have the reforms gone far enough?
To discuss this, IEA Head of Public Policy Matthew Lesh speaks to Catherine McBride, an economist with an extensive professional background in financial services and a former IEA researcher.
In this podcast, IEA Head of Public Policy Matthew Lesh talks to Director of the Initiative for African Trade and Prosperity Alexander Hammond about the China's increasing dominance of Africa and what the West can do to tackle it.
In this IEA Podcast, IEA Head of Public Policy Matthew Lesh talks to CEO of Competere Shanker Singham.
Following former Environment Secretary George Eustice MP's criticisms of UK trade deals with Australia and New Zeland, Matthew and Shanker assess the state of UK free trade. Shanker A Singham is one of the world’s leading international trade experts.
He is a recognised author and adviser to governments and companies and an Academic Fellow of the institute of Economic Affairs.
Is virtue signalling behind damaging EU environmental policy?
In this Swift Half with Snowdon, IEA Head of Lifestyle Economics Christopher Snowdon speaks to EU regulations blogger David Zaruk. David been an EU risk and science communications specialist since 2000, active in EU policy events from REACH and SCALE to the Pesticides Directive, from Science in Society questions to the use of the Precautionary Principle.
They discuss a variety of topics ranging from anti-pesticide NGOs to the demonisation of industry professionals in general.
David's blog, 'The Risk-Monger', can be read here:
https://risk-monger.com/
PUBLISHED ON NOVEMBER 10TH
With inflation at its highest in recent memory following years of quantitative easing courtesy of the Bank of England, many are asking if interest rates should have been raised sooner.
In this episode of the Swift Half with Snowdon, IEA Head of Lifestyle Economics Christopher Snowdon is joined by financial historian Edward Chancellor to discuss recent monetary policy and his new book, 'The Price of Time: The Real Story of Interest'.
Edward's book can be purchased here: https://www.amazon.co.uk/Price-Time-Real-Story-Interest/dp/0241569168/ref=sr_1_1?crid=94GZ6JR60X1E&keywords=edward+chancellor+price+of+time&qid=1668097006&sprefix=edward+chancell%2Caps%2C65&sr=8-1
Christopher's review of Edward's book in The Critic can be read here: https://thecritic.co.uk/interesting-times/
PUBLISHED OCTOBER 27TH
Is it time to legalise cannabis?
It is a debate which has split policy makers for years and with the Home Secretary Suella Braverman favouring upgrading the drug to class A, it has renewed importance.
In this episode of the Swift Half with Snowdon, IEA Head of Lifestyle Economics Christopher Snowdon sits down with Paul North, Director of Volteface, to discuss this topic.
PUBLISHED OCTOBER 13TH
New Zealand Prime Minister Jacinda Ardern has divided political opinion.
For many, her strict policies on climate change, lockdowns and public health are welcomed as necessary measures in uncertain times.
However, for others, she represents a dark turn in Western politics, one which seeks to mask statists intentions with seemingly empathetic reform. This is seen most clearly in the Prime Minister's zealous intervention in the New Zealand tobacco market.
In this episode of the Swift Half with Snowdon, IEA Head of Lifestyle Economics Christopher Snowdon sits down with Dr Marewa Glover to discuss Ardern's approach to tobacco regulation and vaping.
Dr Glover is a Māori behavioural scientist with over 30 years experience in public health and over 100 scientific papers.
PUBLISHED ON SEPTEMBER 2ND
Energy prices are soaring and policymakers find themselves at a crossroads.
Down one path is further government intervention in the sector, with many calling for windfall taxes on North Sea oil and gas firms. Down the other, some argue that the government should put Net Zero aspirations on hold and focus on ensuring security of supply by boosting the domestic production of oil and gas.
In this episode of the Swift Half with Snowdon, IEA Head of Lifestyle Economics, Christopher Snowdon, is joined by Angela Knight, former Conservative MP for Erewash and the Chief Executive of Energy UK from 2012 to 2014. They discuss the energy market and what can be done to fix it.
PUBLISHED ON AUGUST 22ND
In this episode of the Swift Half with Snowdon, Christopher Snowdon, IEA Head of Lifestyle Economics, is joined by Alex Deane, political commentator and consultant.
From whether we should be optimistic about Britain's future to the need for tax simplification, they discuss a variety of fascinating topics.
PUBLISHED ON AUGUST 4TH
Do we still need GPs?
In this episode of the Swift Half with Snowdon, IEA Head of Lifestyle Economics, sits down with GP, Dr Margaret McCartnety, to discuss general medical practice and how it can be improved.
PUBLISHED ON JULY 21ST
In this episode of the Swift Half with Snowdon, IEA Head of Lifestyle Economics, Christopher Snowdon, is joined by Clive Bates, advocate of low-risk tobacco alteratives.
They discuss the barriers to e-cigarette use, the attitude of the WHO and much more!
PUBLISHED ON JULY 12TH
The last fortnight has caused a political storm in the UK. Boris Johnson's resignation as PM has triggered a leadership race and renewed debates about UK economic strategy and how the government should ease the high cost of living.
In this episode, Christopher Snowdon, IEA Head of Lifestyle Economics, is joined by Eamonn Butler, Co-founder and Director of the Adam Smith Institute, to appraise Boris Johnson's tenure as PM and the future of the UK's economic direction.
How can the UK protect itself from recession? In this episode of the IEA Podcast, IEA Head of Public Policy Matthew Lesh interviews the Head of Policy at Britain Remade, Sam Dumitriu, to learn how the UK can protect itself from an impending recession With a new OECD report predicting an economic recession in 2023, Matt and Sam talk about the UK can change its housing and renewable energy policies to insulate itself.
Is Jeremy Hunt's Autumn Statement fair?
In this episode of the IEA Podcast, Head of Public Policy Matthew Lesh interviews IEA Economics Fellow Julian Jessop to better understand the impacts of Jeremy Hunt's Autumn Statement on the economy.
Julian and Matt discuss Jeremy Hunt's goals with his budget amongst the rising inflation and fear of the coming recession. How will these changes affect citizens and are they fair to everyone?
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With Rishi Sunak initially poised not to attend, many are asking, is the UN's annual climate summit a waste of time?
In this episode of the IEA Podcast, IEA Head of Public Policy Matthew Lesh sits down with Conservative Environment Network Director Sam Hall to discuss this question.
Is our immigration system working?
Following Home Secretary Suella Braverman's recent Commons speech in which she likened the scale of illegal immigration to an 'invasion', many are now questioning whether the UK's immigration system is fit for purpose.
To discuss this, IEA Head of Public Policy Matthew Lesh sat down with Daniel Pryor, Head of Research at the Adam Smith Institute.
In this episode of the IEA Podcast, IEA Head of Public Policy Matthew Lesh spoke to Co-founder of London YIMBY John Myers about the state of UK housing policy and whether Sunak's government will lead the sector in a pro-growth direction.
Liz Truss has resigned as Prime Minister after just 44 days in office, making her the shortest-ever holder of the role.
The announcement came in the wake of negative market reactions to her radical 'mini budget', scrapping almost of all of her tax cutting policies and subsequent internal party disarray.
Much will be said of her premiership, but for now we must ask ourselves, what went wrong?
To answer this, IEA Head of Public Policy Matthew Lesh is joined by Andrew Lilico. In addition to being an Economics Fellow at the IEA, Andrew is Executive Director and Principle of Europe Economics and was supportive of Truss' pro-growth agenda.
With cryptocurrencies taking the financial world by storm, many central banks are now considering adopting digital currencies of their own. Although few have taken such action, many have concerns about how a central bank digital currency might impact financial privacy.
In this episode of the IEA Podcast, IEA Head of Public Policy Matthew Lesh sits down with Dr Chris Berg, Associate Professor at RMIT University and co-founder of the RMIT Blockchain Innovation Hub, to discuss these concerns.
Recorded on October 7 2022
With the extreme market reaction caused by the Chancellor's 'mini budget' and the Prime Minister falling in the polls, many are asking, 'Has Trussonomics failed?'
In this episode of the IEA Podcast, IEA Head of Public Policy, Matthew Lesh, sits down with IEA Director General, Mark Littlewood, to discuss her performance so far.
Recorded on September 27 2022.
Kwasi Kwarteng's fiscal announcement has caused quite the storm, with the removal of the 45p rate of income tax and abolition of the cap on bankers' bonuses drawing mixed reviews.
The Chancellor's bold tax cuts have sent shockwaves through the foreign exchange market, causing the pound to slump to record lows.
However, the question remains, will these reforms bring about long term growth rates of 2.5%?
In this episode of the IEA podcast, IEA Head of Public Policy Matthew Lesh sits down with Tom Clougherty, Head of Tax at the Centre for Policy Studies, to answer this question.
Recorded on September 16 2022.
The energy crisis is terrifying consumers and with prices soaring, the government has imposed a cap on costs to help the worst affected.
But, will a price cap solve our energy crisis or cause long-term economic issues?
In this week's podcast, Matthew Lesh, IEA Head of Public Policy, sits down with Andy Mayer, IEA Energy Analyst, to discuss the UK's energy crisis and its potential solutions.
Recorded on September 27th, 2022.
With long waiting lists hampering treatment, public faith in the NHS is dwindling.
In this episode of the IEA Podcast, IEA Head of Public Policy, Matthew Lesh, is joined by Kate Andrews, Economics Editor at The Spectator, to discuss the how the NHS can be improved and to answer the question of whether it is a broken institution.
This Summer has been characterised by many as a 'Summer of discontent'. We have seen a sharp increase in strike action and a return to the union demands and behaviour that came to define the 1970s.
This trend has led many to consider firstly, if such behaviour is justified and secondly, whether the government has the power to restrict the unions' capacity to strike.
In this episode of the IEA Podcast, Matthew Lesh, IEA Head of Public Policy, is joined by Professor Len Shackleton, IEA Editorial and Research Fellow and Professor of Economics at Buckingham University, to discuss these questions.
You can read Professor Shackleton's latest paper on strike action, here: https://iea.org.uk/publications/summertime-blues-unions-strikes-and-the-law-in-2022/
In this episode of the IEA Podcast, Matthew Lesh is joined by Sir Dieter Helm, Professor of Economic Policy at the University of Oxford. In this informative instalment, they discuss the energy market. From the way it operates to the current high price of energy, they answer a variety of commonly asked questions.
The IEA Podcast has returned with a new host, Matthew Lesh, IEA Head of Public Policy.
On this episode, Matthew is joined by Graham Gudgin, Chief Economic Adviser at Policy and Honorary Research Associate at the University of Cambridge. The topic of their discussion is tax cuts, a focal point of the Conservatives leadership race, and whether they are inflationary.
All Live with Littlewood episodes are live streamed on the IEA's YouTube Channel fortnightly on Wednesday at 18:00.
ON THE PANEL...
Alys Denby, Deputy Editor, CapX Mark Johnson, Legal and Policy Officer, Big Brother Watch Christopher Snowdon, Head of Lifestyle Economics, IEA Victoria Hewson, Head of Regulatory Affairs, IEA
Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://patreon.com/iealondon
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Is there a link between good beer and a successful economy?
In this episode of the IEA Podcast, IEA Head of Political Economy Dr Kristian Niemietz sat down with host Kieran Neild-Ali and reviewed the book 'Socialism Sucks: Two Economists Drink Their Way Through the Unfree World’ over a pint.
The book details two economists, Benjamin Powell and Robert Lawson, who travel the world, sampling food and drink in countries with an historical or cultural link to socialism or communist regimes.
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Who are the right allies for classical liberals?
Free market liberalism is unlikely to be the dominant political force in the near future, even though all of us at the IEA are working hard towards this goal!
In the interim, in order to get liberalising reforms on the way, we need to work together with people of different persuasions. But who are the right allies for classical liberals? Can the fusionist free-market conservative alliance continue, or has the political realignment process condemned it to the pages of history books?
In this latest episode of Markets and Morality, Adam Bartha welcomes Aaron Powell, the Host of (Re)Imagining Liberty, and Lorenzo Montanari, the Vice President of International Affairs at Americans for Tax Reform to discuss the past, present, and future of libertarian alliances.
This episode originally featured as a video on the IEA's YouTube Channel
This episode was originally featured as a video on the IEA's YouTube Channel.
In this episode of the Swift Half with Snowdon, Christopher Snowdon, IEA Head of Lifestyle Economics, sits down with Mark Schrad, Professor at the Department of Political Science at Villanova University, to discuss temperance movements and the history of prohibitionism.
Mark's latest book, 'Smashing the Liquor Machine: A Global History of Prohibition', can be bought here: https://www.amazon.co.uk/Smashing-Liq...
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Last week, Meta lost its appeal to overturn the Competition and Market Authority's order that it sell Giphy. While the CMA's order that Meta's acquisition of Giphy damaged competition has been retained, it has raised debates over how much power should be afforded to the regulator.
To discuss this, Victoria Hewson, IEA Head of Regulator Affairs, is joined by a panel of competition law experts. The panel includes Aurelien Portuese, Director of the Schumpeter Project at the Information Technology and Innovation Foundation, Iain Murray, Vice President of the Competitive Enterprise Institute and Cento Veljanovski, Managing Director at Case Associates and IEA Academic Fellow.
Aurelien contributed to the IEA's 'Meaning of Competition in the Digital Age' paper, which can be read for free here: https://iea.org.uk/media/over-regulat...
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All Live with Littlewood episodes are live streamed on the IEA's YouTube Channel fortnightly on Wednesday at 18:00.
This episode was recorded on 15th June 2022.
ON THE AGENDA...
Boris - will he survive? Is Britain ungovernable? Tax burden & public spending
ON THE PANEL...
John Penrose MP, Conservative MP for Weston-super-Mare Danielle Boxall, Media Campaign Manager, Taxpayers' Alliance Tim Montgomerie, Columnist Kristian Niemietz, Head of Political Economy, IEA
Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://patreon.com/iealondon
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A book by Marianna Mazzucato called ‘The Entrepreneurial State’ looked to turn conventional economic wisdom on its head.
The book argued economic success is a result of public and state funded investments in innovation and technology, rather than a result of the small state, free market doctrine that often receives credit for strong economic growth.
A compelling critique of Mazzucato's book in the literature came from the book ‘Questioning the Entrepreneurial State’. It includes contributions from various academics forming a cannon of work which debunks the Entrepreneurial State.
IEA Communications and Public Affairs Officer Kieran Neild Ali was joined by co-editor of 'Questioning the Entrepreneurial State', Christian Sandström, to discuss the book and Mazzucato's ideas.
Christian Sandström is Senior Associate Professor of Digital Business at Jönköping International Business School (Sweden) and the Ratio Institute (Sweden). His research concerns innovation policy and the interplay between technological and institutional change. Sandström has published more than 30 papers in academic journals.
This episode originally featured as a video on the IEA's YouTube Channel
After the political upheavals of the week, this new Markets & Morality episode explored whether there is a need for a codified constitution in the United Kingdom.
Host and Director of EPICENTER Adam Bartha welcomed Dr Austen Morgan, a Barrister at Law in England, Wales and Northern Ireland and Sam Collins, our Senior Advisor to the IEA’s Director General to the conversation.
Dr Morgan argued that after the constitutional crises during the Brexit process made it clear that the UK needs a codified constitution and said that a new government after the general elections should make this a priority.
Sam on the other hand argued that a codified constitution could lead to more centralisation of power and that the democratic mechanism of the UK, albeit imperfect, are able to deal with upcoming challenges better than if we uprooted our whole constitutional arrangement.
This episode was recorded on 27th May 2022
The Swift Half with Snowdon is originally featured as a video on the IEA YouTube Channel.
With inflation at 9%, the highest it has been for 40 years, many of us are understandably worried about a tough year ahead. However, while we know that inflation is rising, the causes of it are not always clear.
In this episode of the Swift Half with Snowdon, Christopher Snowdon, IEA Head of Lifestyle Economics, sits down with Julian Jessop, Independent economist and former Chief Economist at the IEA, to discuss inflation and why it is rising.
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Marc Glending, Head of Cultural Affairs at the Institute of Economic Affairs, discussed the origins and philosophy of identity politics. He assessed whether individualism can survive against collectivist identity politics in the future.
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The role of literature in economics, Chinese totalitarianism, levelling-up and trans rights. In this fascinating IEA In Conversation, Matthew Lesh, IEA Head of Public Policy, sits down with Deirdre McCloskey to discuss all of this and much more!
Deirdre N. McCloskey has been since 2000 UIC Distinguished Professor of Economics, History, English, and Communication at the University of Illinois at Chicago. Trained at Harvard as an economist, she has written twenty books and edited seven more, and has published some four hundred articles on economic theory, economic history, philosophy, rhetoric, feminism, ethics, and law. She taught for twelve years in Economics at the University of Chicago, and describes herself now as a “postmodern free-market quantitative Episcopalian feminist Aristotelian.”
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All Live with Littlewood episodes are live streamed on the IEA's YouTube Channel fortnightly on Wednesday at 18:00.
This episode was recorded on 1st June 2022.
ON THE PANEL...
Andrew Lilico, Executive Director and Principal, Europe Economics Emma Webb, Deputy Research Director, Free Speech Union Matthew Lesh, Head of Public Policy, IEA Andy Mayer, COO and Energy Analyst, IEA
Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://patreon.com/iealondon
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Episodes of Markets & Morality are originally featured on the IEA's YouTube Channel.
Sweden and Finland applied for NATO membership, officially ending their decades long military independence. But given the history of NATO, how enthusiastic should classical liberals be to further expand the military alliance? Is NATO suitable for the challenges of the 21st century or should alternative arrangements be concluded within the framework of the EU and between liberal democracies?
To discuss these recent developments, Christopher Preble, the Co-director of the New American Engagement Initiative at the Atlantic Council and Emanuel Örtengren, the Acting Director of Stockholm Free World Forum, joined Adam Bartha on Markets & Morality.
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All Live with Littlewood episodes are live streamed on the IEA's YouTube Channel fortnightly on Wednesday at 18:00.
This episode was recorded on 18th May 2022.
ON THE PANEL...
Baroness Fox of Buckley, Director and Founder, Academy of Ideas Lucy Harris, Political Consultant and former Conservative MEP Darren McCaffrey, Political Editor, GB News Victoria Hewson, Head of Regulatory Affairs, IEA
WE'LL BE DISCUSSING... Free Speech The Northern Ireland Protocol The Cost of Living Crisis
Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://patreon.com/iealondon
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How much is current volatility in financial markets driven by fear or uncertainty about future developments rather than by concrete economic news?
IEA Communications and Public Affairs Officer Kieran Neild-Ali sat down to discuss this with Dr Ali Kabiri who is Head of the Department of Economics and International Studies at the University of Buckingham. Dr Kabiri recently co-authored a report for the Academic Journal, the Economic History Review, on the role of sentiment in the US economy: 1920 to 1934. The research explored how sentiment moved the economy at critical moments in the 1920s.
Read Dr Kabiri's IEA Blog post here.
Can people predict the future? According to Superforecaster, Jonathon Kitson, some can get pretty close!
In this episode of the Swift Half with Snowdon, Christopher Snowdon, IEA Head of Lifestyle Economics sits down with Jonathon Kitson, Superforecaster and Fellow at the Adam Smith Institute, to discuss military spending, his experience of clinical vulnerability during the pandemic and much more!
This episode was originally featured as a video on the IEA's YouTube Channel. Watch here.
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The post-war consensus. This is something that many of us take for granted as first, having existed and secondly, what drove the statism of pre-Thatcherite governments. However, Dr Steve Davies, IEA Head of Education, thinks otherwise. In this fascinating lecture, Steve describes the history of free market conservatism before Thatcher.
Dr Steve Davies is the Head of Education at the IEA. Previously he was program officer at the Institute for Humane Studies (IHS) at George Mason University in Virginia. He joined IHS from the UK where he was Senior Lecturer in the Department of History and Economic History at Manchester Metropolitan University. He has also been a Visiting Scholar at the Social Philosophy and Policy Center at Bowling Green State University, Ohio. A historian, he graduated from St Andrews University in Scotland in 1976 and gained his PhD from the same institution in 1984. He has authored several books, including Empiricism and History (Palgrave Macmillan, 2003) and was co-editor with Nigel Ashford of The Dictionary of Conservative and Libertarian Thought (Routledge, 1991).
This lecture originally featured as a video on the IEA's YouTube Channel. Watch here.
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Since the Russian aggression towards Ukraine, Western countries have imposed a wide range of economic sanctions on the regime and on individuals linked to them.
How effective are these sanctions and who are they meant to target?
Adam Bartha welcomed Jessica Miller, the Founder of Strela Advisory and Fred Roeder, the Founder of Consumer Choice Center to debate the issue. Fred highlighted that the belated European actions against Russian are necessary to stop Russian’s ability to inflict further pain on their neighbours, even if it has high economic costs on EU countries. Jessica argued against broad-based economic sanctions implemented for individuals, as the believes they are ineffective in changing Putin’s mind and deteriorate the rule of law in European countries.
All episodes of Markets & Morality are originally uploaded on the IEA's YouTube Channel.
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On Thursday we learned that the Bank of England's MPC voted to raise interest rates to 1% from 0.75%, their highest level since 2009 and the fourth consecutive increase since December.
The Bank is grappling with rising inflation – which forecast to top 10% by the end of the year – but also worried about the risk of recession.
But did the Bank go far enough. And what are the ramifications for the UK economy?
In this podcast, Julian Jessop, Economics Fellow at the Institute of Economic Affairs, assessed the Bank's decision and the outlook for the UK economy.
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In this episode of The Swift Half with Snowdon, Christopher Snowdon, IEA Head of Lifestyle Economics, sits down with director and producer, Martin Durkin. They discuss a multitude of topics, ranging from the growth of statism, the state of the Conservative party to the privatisation of Channel 4.
This episode was originally recorded on the IEA YouTube Channel: https://youtu.be/ruKhMiNfCt4
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Libertarianism, socialism, classical liberalism, Marxism, anarchism. They're all terms that are thrown around in political discourse but it’s vitally important we understand these concepts and assess their merits and shortcomings.
In this podcast, we uncover what libertarianism is and why people on both the left and the right claim to be libertarian. Is it an oxymoron to be a 'libertarian socialist'?
Listen to the thoughts of IEA Head of Political Economy Kristian Niemietz and IEA Head of Cultural Affairs Marc Glendening.
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Brexit, Net Zero and Britain's place in the world. In this In Conversation, Mark Littlewood, IEA Director General, sits down with Nigel Farage, broadcaster and former leader of the UK Independence Party, to discuss all of this and much more!
In Conversation with Nigel Farage was originally recorded on the IEA YouTube Channel. Watch here.
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Tax the rich! This is a slogan heard often in political discourse. However, there is much debate about whether increasing taxation on society's wealthiest is firstly, fair, and secondly, conducive to reducing economic inequality.
Moderated by IEA Head of Political Economy, Kristian Niemietz, Mark Littlewood, IEA Director General, debates the subject with Gary Stevenson of Patriotic Millionaires.
Gary Stevenson is an economist and former interest rate trader in London and Tokyo. In 2011 he became Citibank’s most profitable trader globally by correctly predicting that the aftereffects of the 2008 crisis would lead to a long term stagnation in interest rates and a rapid rise in asset values. In 2014 he retired, at 27, to study economics and inequality at Oxford University. He is currently working on economic models of inequality, wages and asset prices.
Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://www.patreon.com/iealondon
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On this episode of the Swift Half with Snowdon, Christopher Snowdon is joined by comedian, Konstantin Kisin. From comedy to the Russian propaganda machine to public trust in the media, they discuss a variety of topics and world issues, all in a swift half an hour.
Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://www.patreon.com/iealondon
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ON THE PANEL...
John Ashmore, Editor, CapX
Martin Durkin, Producer and Director
Tom Harwood, Political Correspondent, GB News
Victoria Hewson, Head of Regulatory Affairs, IEA
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In the latest episode of the IEA Podcast, IEA Communications and Public Affairs Officer Kieran Neild-Ali sat down with IEA Head of Political Economy Dr Kristian Niemietz to discuss the labour theory of value.
Many economists subscribed to the labour theory of value, which argued that a good’s value derived from the amount of work that went into making it.
The theory has since been unravelled and replaced in the last century by a different theory produced by the Austrian School of economics.
But the theory is still an important topic of discussion as it was the basis of Marx’s critique of capitalism. And many detractors of capitalism still use the labour theory of value .
Behavioural economics was hailed as the solution for anti-paternalistic lifestyle interventions that respect individual choice and lead to better outcomes.
In this episode of of Markets & Morality, our guests argue that this is not the case. Professor Glen Whitman, author of ‘Escaping Paternalism’ discusses with Chris Snowdon how the nudge theory has failed, based on its own criteria for success, why it leads to traditional paternalism, and what alternatives could look like.
The guests discuss ideas around rational irrationality, new public policy measures like calorie counts on English restaurant menus and much more!
You can purchase 'Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy' by Glen Whitman here: https://www.amazon.co.uk/dp/B081HVWYG...
And 'Introduction: Symposium on Escaping Paternalism: Rationality, Behavioral Economics and Public Policy; by Mario J. Rizzo and Glen Whitman here: https://www.nowpublishers.com/article...
Joe Biden’s Democrats are battling a perfect storm of economic trials and foreign policy crises. How will this impact November's midterm elections - and the presidential election in 2024? And what should free marketeers make of it all?
IEA Director General Mark Littlewood speaks to Patrick Basham, director of the Washington-based Democracy Institute, about his recent polling, which shows almost two-thirds of Americans (62 per cent) believe Mr Biden will not be re-elected in 2024.
You can read more here: https://democracyinstitute.org/more-a...
How does self-interested action benefit the collective?
This is a question still discussed today in the tribalism of left-right political debate. On the one side, there are those who believe the good of the collective must supersede the interest of the individual and the two cannot coexist. Slogans such as ‘for the many not the few’ and ‘for the common good’ exemplify this.
An interesting question therefore arises from this crucial debate. Why do we care so much about the collective?
Is it as simple as left vs right, Marxism Vs Capitalism? Or is there a deeper understanding to this issue?
In this episode of the IEA Podcast, IEA Communications and Public Affairs Officer Kieran Neild-Ali sat down with Professor Daniel B Klein to discuss his article in the latest volume of the IEA’s academic journal, Economic Affairs, on Hayekian theory of collectivist policies.
Daniel Klein is a Professor of Economics at George Mason University. He leads the Smithian Political Economy program at GMU Economics. He is the chief editor of Econ Journal Watch.
Subscribe to the IEA academic journal here: https://iea.org.uk/publications/economic-affairs-42-1/
This speech was recorded 29 March 2022
Simon Clarke, Chief Secretary to the Treasury and MP for Middlesbrough South and East Cleveland, spoke at the Institute of Economic Affairs about a 'quiet revolution' within the Treasury pushing for more prudent spending of taxpayer money and fiscal control.
Simon asserts that it is vital that government facilitates the economic conditions necessary for innovation and guarantees that taxpayers' money is spent as wisely as possible.
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The cause of liberty has taken quite a hit in recent years. The Coronavirus pandemic ushered in far-reaching state intervention and we now see liberal principles under attack in Ukraine. With all this in mind, is there a case for optimism?
In this episode, Christopher Snowdon sits down with Johan Norberg, author and Senior Fellow at the Cato Institute to discuss the above question. They explore a variety of issues and debate whether optimism is warranted.
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Is English football broken? Should government try to fix it? And are any of the proposals in the Fan-Led Review of Football proportionate or necessary?
At this lively and fascinating debate, former Crystal Palace Chairman Simon Jordan and Member of Parliament Damian Collins join the IEA's Victoria Hewson and Professor Len Shackleton to discuss the Crouch Review, the risks, and whether it's time English Football was overseen by an "independent regulator".
Simon is a serial entrepreneur, who had run a vast array of successful business across several industries. In 2000 he purchased Crystal Palace Football Club and remained chairman of the club for over a decade. He is currently a TalkSPORT co-presenter. Damian is Member of Parliament for Folkstone and Hythe, and was formerly Chair of the Culture, Media and Sport Select Committee.
Victoria Hewson is Head of Regulatory Affairs at the IEA. Len Shackleton is an IEA Fellow and Professor of Economics at the University of Buckingham. They are co-authors of the new report, Red Card, a copy of which can be found here: https://iea.org.uk/publications/red-c...
This episode was live streamed on our YouTube Channel on 23 March 2022 at 18:00.
ON THE PANEL: Greg Smith, Member of Parliament for Buckingham Vicky Pryce, Economist Christopher Snowdon, Head of Lifestyle Economics, IEA Duncan Simpson, Research Director, TaxPayers' Alliance
WE'LL BE DISCUSSING: High time: Will the Tories ever slash taxes? Hey, big spenders: Is state largesse now a permanent feature? False sense of "security": Why won't government go for growth?
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In this episode of the IEA Podcast, IEA Communications and Public Affairs Officer Kieran Neild-Ali sat down with Professor Patrick Schotanus to discuss his article in the latest volume of Economic Affairs, the IEA's academic journal, on cognitive economics.
Patrick is a visiting professor at the Edinburgh Business School and Heads the research program in cognitive economics, which partners cognitive science with economics.
Read Economic Affairs here: https://iea.org.uk/publications/economic-affairs-42-1/
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In this latest episode of Markets and Morality, Adam Bartha, host and Director of EPICENTER chairs a debate on whether we should increase defence spending after Russia's invasion of Ukraine.
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In this episode of The Swift Half, IEA Head of Lifestyle Economics Christopher Snowdon sits down with comedian and author, Geoff Norcott. They discuss all manner of topics from diversity quotas to Ukraine, from Boris Johnson to education, and, of course, comedy.
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It is now over two weeks since Russia invaded Ukraine and tragically, the crisis rages on. Alexander Hammond, IEA Free Trade fellow and Director of the Initiative for African Trade and Prosperity, sat down with Nataliya Melnyk, Director of the Bendukidze Free Market Center, based in Ukraine, to discuss her experience of fleeing Kyiv, Russia's invasion and what allied states can do to assist Ukraine's efforts.
Alexander, with his girlfriend Maria, is currently in Poland helping Ukrainian refugees safely get to accommodation. If you would like to support them, you can donate via this link: https://www.justgiving.com/crowdfundi...
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ON THE PANEL...
Emma Webb, Political and social commentator Patrick Christys, Host and Journalist, GB News Helen Dale, Lawyer and ‘Australian literature’s lone classical liberal’ Victoria Hewson, Head of Regulatory Affairs, IEA
WE'LL BE DISCUSSING...
– Do companies have a moral obligation to cease operations in Russia? Should consumers boycott those that don't? – Does the Ukraine invasion underscore the need for Britain to increase defence spending? – Has the UK's response to the refugee crisis really been "woeful"? – With war in Europe driving up energy prices and exacerbating our cost-of-living crisis, should we have a referendum on Net Zero?
Follow this link to donate to Alexander Hammond's funding page for Ukrainian refugees: https://www.justgiving.com/crowdfundi...
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IEA Head of Public Policy Matthew Lesh sat down to explain his latest paper, Transparency in the Subsidy Control Bill: Lowering the reporting threshold with IEA Public Affairs Officer Kieran Neild Ali.
Matthew looked at why the Subsidy Control Bill, which replaces EU state aid rules, is a "recipe for disastrous waste of taxpayer money”.
Read the paper here: https://iea.org.uk/publications/transparency-in-the-subsidy-control-bill-lowering-the-reporting-threshold/
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How will the green revolution unfold? Will it be through a series of state directives, or will innovators and entrepreneurs have the freedom to develop products that respond to consumer choices? John Redwood argues that in order for a revolution to truly succeed, the latter must be allowed to prevail. In this IEA In Conversation, Mark Littlewood, IEA Director General, sits down with John Redwood, Conservative MP for Wokingham to discuss the future of green products and how the UK should transition to a decarbonised economy.
John's most recent book, 'Build Back Green:
The Electrifying Shock of the Green Revolution', can be bought on Amazon by using this link: https://www.amazon.co.uk/dp/B09KDYPSK...
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In this episode of The Swift Half, Chris sits down with Jason Miller. Being President Donald Trump's Chief Spokesman in his 2016 Presidential campaign and senior advisor in his 2020 campaign, Jason has had a fascinating political career. Jason's latest venture has been to launch Gettr, a social media platform which prioritises free speech and expression.
They discuss Donald Trump, the Ukraine Crisis, online threats to free speech and much more!
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France’s GDP was 0.9% higher in the fourth quarter of last year compared with the same period in 2019, before Covid-19, surpassing the UK’s and Germany’s economic growth in the same period.
But what explains this economic success? Is it the might of the French state, as some have suggested, or have the French begun to turn towards more economically liberal policies to drive growth?
IEA Economics Fellow, Julian Jessop discussed his latest article for CapX on this issue, where he assessed why France is surprising its competitors. Read here.
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Markets and Morality is back with a new episode on how classical liberals to interpret the government's reform to higher education. Our host Adam Bartha welcomes the IEA’s Head of Media, Emily Carver and Nick Cowen, lecturer of Criminology at the University of Lincoln, to discuss the matter.
You can read more about Nick Cowen's work at, https://www.ncowen.net/, and can buy his latest book, 'Neoliberal Social Justice', here: https://www.e-elgar.com/shop/gbp/neol...
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Episode recorded on Wednesday 23 February 2022
ON THE PANEL...
Ella Whelan, Columnist and Podcaster, Spiked Online
Sam Armstrong, Director of Communications, Henry Jackson Society
Andrew Lilico, Executive Director and Principal, Europe Economics
Andy Mayer, Energy Analyst, Institute of Economic Affairs
WE'LL BE DISCUSSING...
When will Covid end in the West?: The UK finds freedom while Canada turns authoritarian.
Which pre-existing trends has Covid accelerated?
Will transport ever be the same again?
Can sanctions deter Putin?
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In this episode of the IEA Podcast, IEA Head of Political Economy Dr Kristian Niemietz discussed a recently published review on how the healthcare system in England responds to reports about harmful side effects from medicines and medical devices.
Kristian sat down with Simon Whale, panel member and communications lead for the Independent Medicines and Medical Devices Safety Review and Dr Sonia Macleod, lead researcher, Independent Medicines and Medical Devices Safety Review.
They discussed how the NHS, and other health bodies, could improve their services to address poor care and prevent harm. They also assessed the recommendations of the Review.
Read the report here: First Do No Harm – The report of the Independent Medicines and Medical Devices Safety Review
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Markets and Morality is back with a new episode on how the West should deal with Russia. In recent weeks, the likelihood of the Russian-Ukrainian war intensified increased, so this episode explores the route causes of the conflict and how Western countries should resolve the conflict.
Our host Adam Bartha welcomes the IEA’s Head of Education, Dr Steve Davies and Dr Dalibor Rohac of the American Enterprise Institute to debate what the right course of action for the West may be.
This episode was released on 13th February 2022.
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In this episode of The Swift Half, Chris sits down with Lionel Shriver (Orange Award winning novelist and journalist), to discuss cultural appropriation, the decline of liberalism in Canada, UK lockdowns, e-cigarettes and much more!
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Levelling up is the cornerstone of the current government’s policy agenda, the promise to eradicate the economic disparity between the north and the south.
IEA Communications & Public Affairs Officer Kieran Neild Ali sat down with Luke Stanley, Senior Researcher at think tank Onward, to discuss the Levelling up agenda and why he thinks civic engagement is important to improving the prosperity of left behind Britain.
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In this video, Mark Littlewood, IEA Director General, debates William Clouston, Leader of the Social Democratic Party, on the policy proposals found in the SDP's Green Paper, 'The End of Indifference'.
The paper can be read online here - https://sdp.org.uk/the-end-of-indiffe...
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In this episode, IEA Communications and Public Affairs Officer Kieran Neild-Ali sat down with IEA Head of Regulatory Affairs Victoria Hewson to discuss her latest paper- Changing the Rules: A unilateral approach to non-tariff barriers.
The paper argues that Britain must embrace a new radical free trade policy: unilateral recognition of EU rules should continue, even if the EU still declines reciprocity. This would be a very positive position for the UK to take in wider international trade with recognition of regulation from other territories for goods in the UK market.
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On this ASIA-PACIFIC SPECIAL episode of Live with Littlewood, Mark is joined by:
Jordan Williams - Executive Director, Taxpayers' Union
Dhananath Fernando - Chief Operating Officer, Advocata Institute (@dhananath)
Rainer Heufers - Executive Director, Center for Indonesian Policy Studies (@RHeufers)
Matthew Lesh - Head of Public Policy, Institute of Economic Affairs (@matthewlesh)
More information about the guests' organisations can be found below:
Taxpayers' Union - https://www.taxpayers.org.nz/
Advocata Institute - https://www.advocata.org/
Center for Indonesian Policy Studies - https://www.cips-indonesia.org/
Institute of Economic Affairs - https://iea.org.uk/
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The Institute of Economic Affairs is delighted to host David Davis MP for the latest in our In Conversation series with senior figures in public life. This meeting was chaired by IEA Director General, Mark Littlewood, and took place on February 1st 2022.
The Rt Hon David Davis was Secretary of State for Exiting the European Union from July 13th 2016 to July 8th 2018. David was elected the Conservative MP for Haltemprice and Howden in May 1997 and was a Conservative MP for Boothferry from 1987 to 1997.
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In this episode of The Swift Half, IEA Head of Lifestyle Economics Christopher Snowdon sits down with Ed West (Author and Journalist), to discuss Conservatism, Boris Johnson's government and much more! Ed's latest book, 'Small Men on the Wrong Side of History: The Decline, Fall and Unlikely Return of Conservatism', can be bought here: https://www.amazon.co.uk/Small-Men-Wr...
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In this episode, IEA Editorial & Research Fellow Professor Len Shackleton was joined by Stephen Littlechild, former Director General of Electricity Supply and now an academic at the Universities of Birmingham and Cambridge, to discuss the energy price cap.
Stephen has consistently argued that the price cap is bad for the UK energy market, describing the policy as a “Bull in a china shop”.
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ON THE PANEL...
Alex Deane, Political Commentator Dr Alan Mendoza, Executive Director, Henry Jackson Society John Rentoul, Chief Political Commentator, The Independent Dr Jamie Whyte, Senior Research Fellow, Institute of Economic Affairs
WE'LL BE DISCUSSING...
Eastern Europe in turmoil: What does the Ukraine crisis mean for Britain and the world? Let him eat cake: As Partygate rages on, is it still the economy, stupid? Omi-conned? Is it time we treated "scenarios" with more scepticism?
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Data is now the driving force of the world’s modern economies. It fuels innovation in businesses large and small and has been a lifeline during the global coronavirus pandemic.
Sharing information quickly, efficiently, and ethically has allowed institutions, firms, and governments to coordinate the pandemic response, and has changed the way we view data itself.
But despite a new National Data Strategy to improve data use in government, the Subsidy Control Bill has been put under scrutiny as it currently does not require the Government to publish any subsidies awarded to firms under £500,000, if awarded via a ‘scheme’.
IEA Communications and Public Affairs Officer Kieran Neild Ali spoke to Anna Powell-Smith to discuss how the state can better utilise data.
Anna is a public-interest technologist and the director of the Centre for Public Data. She was also the founding technical director at the University of Oxford's DataLab, which uses data to help doctors make better decisions.
Read Anna's article for CapX here.
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This is a recording of a speech given by Aurelien Portuese at a joint Institute of Economic Affairs and Information Technology and Innovation Foundation conference called 'The Meaning of Competition: Assertive Antitrust Enforcement and The Digital Economy' on Thursday 4th November 2021.
In May 1946, Hayek delivered the seminal Stafford Little Lecture at Princeton University, laying out his influential ideas of competition as a rivalrous process by which information is discovered. Celebrating the 75th anniversary of the lecture, the conference reinvigorated Hayek’s legacy in these times of aggressive antitrust enforcement in the digital economy. Jointly organised by the Schumpeter Project on Competition Policy at the ITIF, and the IEA’s Regulatory Affairs Programme, we debated current conceptions and misconceptions of the meaning of competition in the digital era.
Aurelien Portuese is director of The Schumpeter Project on Competition Policy. The Schumpeter Project advances a dynamic framework for competition policy in which innovation is a central concern for antitrust enforcement, not a secondary consideration. He is also an adjunct professor of law at the Global Antitrust Institute of George Mason University, and at the Catholic University of Paris.
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In this episode of The Swift Half, Chris sits down with Tom Harwood (Political Correspondent for GB News), to discuss Boris Johnson's future survivability.
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Culture Secretary Nadine Dorries signalled the end of the BBC licence fee this week, indicating that a new funding model will be found by 2027, when the Royal Charter is up for renewal.
The national mood towards the BBC has soured. According to the latest YouGov polling, the majority of people think the licence fee is unfair, does not offer value for money and that the BBC should be funded in an alternative way.
IEA Communications & Public Affairs Officer Kieran Neild-Ali was joined by Harry Fone, Campaign Manager at the TaxPayers' Alliance to discuss the Licence fee, its origins, its shortcomings and what the future may hold for the BBC.
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Markets and Morality is back with host, Director of EPICENTER Adam Bartha. Adam is joined by the IEA's Head of Lifestyle Economics, Christopher Snowdon and Director of the Initiative for African Trade and Prosperity, Alexander C.R Hammond. In this episode, they discuss whether classical liberalism will dominate the next decade.
Markets and Morality is originally posted on the IEA's YouTube Channel.
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In this episode, IEA Head of Media, Emily Carver, sits down with Christopher Snowdon, IEA Head of Lifestyle Economics and Julian Jessop, IEA Economics Fellow, to discuss their political and economic predictions for the year ahead.
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In this episode, IEA Communications and Public Affairs Officer Kieran Neild-Ali was joined by Dr Edwin Van De Haar to discuss liberal IR theory, how it relates to classical liberalism and which IR theory best explains and offers a solution to the Russia-Ukraine crisis.
Dr. Edwin Van De Haar recently wrote for the IEA blog on this issue. Edwin is an independent scholar who specializes in the liberal tradition in international political theory. He has been a (visiting) lecturer at Brown University, Leiden University and Ateneo de Manila University.
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Emily Carver, IEA Head of Media, sits down with Victoria Hewson, IEA Head of Regulatory Affairs, to discuss Brexit and how the UK is faring now we have left the European Union.
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In this video, IEA Senior Advisor to the Director General, Sam Collins, and IEA Head of Political Economy, Kristian Niemietz, discuss the NHS and why it continues to fail us while remaining impervious to debate.
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Cento is founder and Managing Partner of Case Associates, IEA Law & Economics Fellow and Visiting Lecturer at the University of Buckingham.
Since 2006 the Global Competition Review survey has voted Cento one of the most ‘highly regarded’ competition economists. He has over 40 years’ experience assisting lawyers and companies in responding to investigations by the European Commission, national competition authorities, national regulatory authorities, and in court proceedings in Europe, Australia, New Zealand and Hong Kong. Cento was also adviser to the Microsoft Monitoring Trustee on the pricing of protocols under commitments set out in the EC Microsoft 2004 decision.
Cento regularly acts as an expert witness in competition law, commercial and damages litigation. He has been an expert witness in courts and tribunals in the UK, Ireland, the Netherlands, Finland, Lithuania, Australia, New Zealand, Hong Kong and the International Court of Arbitration.
Cento has degrees in economics and law (BEc (Hons), MEc, DPhil) and is an associate member of the Chartered Institute of Arbitrators (ACIArb). After a short period at the Australian Federal Department of the Treasury, Cento was a Commonwealth Scholar and then research fellow at the Centre for Socio-Legal Studies, Oxford University. He has held academic positions in UK, US, Canadian and Australian universities; and was the Research Director of the Institute of Economic Affairs.
This is a recording of a speech given at a joint Institute of Economic Affairs and Information Technology and Innovation Foundation conference called 'The Meaning of Competition: Assertive Antitrust Enforcement and The Digital Economy' on Thursday 4th November 2021.
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On this special edition of Live with Littlewood, Mark is joined by 23 amazing guests as they take a look back at the year which was 2021.
This episode was originally featured as a video on the IEA's YouTube Channel iealondon.
//GUESTS//
Morgan Schondelmeier - Head of Operations, Adam Smith Institute (@Adam Smith ) John Ashmore - Editor, CapX Christopher Snowdon - Head of Lifestyle Economics, IEA Kristian Niemietz - Head of Political Economy, IEA Claire Fox - Writer, Broadcaster and Peer in the House of Lords Konstantin Kisin - Comedian, Podcaster, Writer and Social Commentator@Triggernometry Grant Tucker - Editor at Large, whynow James Heale - Diary Editor, The Spectator (@The Spectator ) Len Shackleton - Economics Fellow, IEA Jamie Whyte - Author and Philosopher Victoria Hewson - IEA Head of Regulatory Affairs Mark Wallace - Chief Executive of ConservativeHome Mike Graham - Presenter, TalkRadio (@talkRADIO ) Christian Calgie - Senior Reporter, Guido Fawkes (@Guido Fawkes ) Patrick Christys - Presenter, GB News (@GBNews ) Matthew Lesh - Head of Research, Adam Smith Institute (@Adam Smith) Mahyar Tousi - Political Commentator (@Mahyar Tousi ) Brendan Chilton - CEO, Independent Business Network Steve Baker - Member of Parliament, Wycombe Tom Whipple - Science Editor, The Times (@The Times and The Sunday Times) Olivia Utley - Assistant Comment Editor, The Telegraph (@The Telegraph) Marc Glendening - Head of Cultural Affairs, IEA Sam Collins - Senior Advisor to the Director General, IEA
//MONTHS//
January - US election, Capitol riots and Brexit February - Viral myths and announcement of roadmap March - Batley Grammar and the Spring Budget April - European Super League and Delta Variant May - Dominic Cummings' Select Committee appearance and Williams Review June - Matt Hancock controversy, Junk Food Ban and G7 Summit July - Freedom day and the 'Pingdemic' August - Afghanistan withdrawal and Extinction Rebellion protests September - End of furlough and Cabinet Reshuffle October - Autumn budget November - Omicron Variant and Cop26 December - Plan B Restrictions and Rob Liddle's lecture at Durham University
//SECTIONS// 00:00:00 - Mark's Welcome 00:02:28 - January w/ Morgan Schondelmeier and John Ashmore 00:25:35 - February w/ Christopher Snowdon and Kristian Niemietz 00:46:45 - March w/ Claire Fox and Konstantin Kisin 01:14:43 - April w/ Grant Tucker and James Heale 01:32:22 - May w/ Len Shackleton and Jamie Whyte 01:53:35 - June w/ Victoria Hewson and Mark Wallace 02:06:59 - July w/ Mike Graham and Christian Calgie 02:34:04 - August w/ Patrick Christys and Matthew Lesh 03:00:16 - September w/ Mayhar Tousi and Brendan Chilton 03:15:52 - October w/ Steve Baker MP 03:33:50 - November w/ Tom Whipple and Oliva Utley 03:58:30 - December w/ Marc Glendening and Sam Collins 04:18:12 - Outro
This is a recording of a speech given by Benedict Evans at a joint Institute of Economic Affairs and Information Technology and Innovation Foundation conference called 'The Meaning of Competition: Assertive Antitrust Enforcement and The Digital Economy' on Thursday 4th November 2021.
Benedict Evans has spent 20 years analysing mobile, media and technology, and worked in equity research, strategy, consulting and venture capital. Benedict is now an independent analyst. Mostly, that means trying to work out what questions to ask.
Benedict writes about things he is trying to understand, and a weekly newsletter with over 160,000 subscribers, and gives presentations pulling together these ideas.
In May 1946, Hayek delivered the seminal Stafford Little Lecture at Princeton University, laying out his influential ideas of competition as a rivalrous process by which information is discovered. Celebrating the 75th anniversary of the lecture, the conference reinvigorated Hayek’s legacy in these times of aggressive antitrust enforcement in the digital economy. Jointly organised by the Schumpeter Project on Competition Policy at the ITIF, and the IEA’s Regulatory Affairs Programme, we debated current conceptions and misconceptions of the meaning of competition in the digital era.
The Institute of Economic Affairs is recognised as one of the most influential think tanks in the UK, and its history is closely associated with ideas of Friedrich A. Hayek. We are delighted to host our distinguished speakers and guests today.
Founded in 2006, the Information Technology and Innovation Foundation (ITIF) is the world’s top think tank for science and technology policy in the latest edition of the University of Pennsylvania’s authoritative Global Go To Think Tank Index. ITIF's mission is to formulate, evaluate, and promote policy solutions that accelerate innovation and boost productivity to spur growth, opportunity, and progress.
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Markets and Morality is back with a new host, Director of EPICENTER Adam Bartha. Adam is joined by Media Campaign Manager for the Taxpayer's Alliance, Danielle Boxall and Research Director for the Entrepreneurs Network, Sam Dumitriu. In this episode, they discuss their least favourite UK taxes.
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In this episode of The Swift Half, Chris sits down with Andrew Lilico (Executive Director and Principal of Europe Economics), to discuss the threat posed by the Omicron variant.
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In the latest IEA Podcast, IEA Communications & Public Affairs Officer, Kieran Neild Ali, sat down with Professor Paul Ormerod to discuss how economics could have improved Covid public policy.
The two looked at how economic incentives and behavioural preferences could have helped formulate more effective Covid policy.
Professor Paul Ormerod is a member of the Advisory Council at the Institute of Economic Affairs and a fellow of the British Academy for the Social Sciences. Paul is also a visiting Professor in the Department of Computer Science at University College London.
Read Paul's IEA paper here: https://iea.org.uk/publications/turning-a-blind-eye-have-economists-been-ignored-during-the-pandemic/
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The Institute of Economic Affairs is delighted to host John Penrose MP for the latest in our In Conversation series with senior figures in public life. This meeting was chaired by IEA Director General, Mark Littlewood, and took place on December 1st 2021.
John Penrose is the Conservative MP for Weston-Super-Mare and has represented the constituency since 2005. John is currently the Prime Minister’s Anti-Corruption Champion, Chair of Conservative Policy Forum, the Conservative Party’s internal Think Tank, a member of the Advisory Board for the John Mills Institute for Prosperity and has been officially asked to recommend changes to the UK’s post-Brexit Competition and Consumer Regime.
John's latest paper, 'Poverty Trapped: Why Is Poverty Still With Us, After 70 Years Of The Welfare State?', can be read here: http://johnpenrose.org/wp/2021/11/30/...
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ON THE PANEL...
Greg Smith, Member of Parliament for the Buckingham
Sascha O'Sullivan, Comment and Features Editor, City AM
Silkie Carlo, Director, Big Brother Watch
Victoria Hewson, Head of Regulatory Affairs, IEA
WE'LL BE DISCUSSING...
Nightmare before Christmas: Are tighter restrictions “proportionate and responsible”?
Doctors’ fury: How should we treat the unvaccinated?
10 year plan: Will the government's Drug Strategy work?
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Anyone taking economics at A-level or University will be familiar with the concept of public goods. They are goods that are both non-excludable and non-rivalrous. This means that there is no way to bar users from accessing these goods even if they have failed to pay for them.
This has led to a consensus in economics that to avoid free rider problems, public goods must be funded by the taxpayer.
But does the state have to provide public goods in all circumstances, and historically, who did build the roads or provide law enforcement before the modern welfare state? IEA Communications and Public Affairs Officer Kieran Neild-Ali was joined by Dr Stephen Davies, Head of Education at the IEA.
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Parallax Views is a new series of YouTube conversations between Marc Glendening (Head of Cultural Affairs, IEA) and individuals involved with and interested in the various Culture War issues now taking centre stage in British politics. These talks cover issues relating to free speech, ‘hate crime’, political re-alignment, the ideologies driving cancel culture and the demand for greater state control over civil society.
Brian Denny has worked as a journalist for over 30 years specialising in European affairs, music and culture. He has written numerous euro critical pamphlets and articles exposing the damaging political, economic and social consequences of EU policies.
He was the Morning Star foreign editor for some years and has written for spiked, the New Statesman, Tribune and various European journals and Wetherspoon News (without his permission). He is currently editor of RMT News.
Brian was nominating officer for the left wing No2EU electoral coalition which stood in the 2009 and 2014 euro elections. He is the author of Rebuild Britain’s Fishing Industry: develop our coastal communities in an independent Britain published by Rebuild Britain in May 2021. And curator of Working River: songs and music of the Thames CD, released by Folktree Recordings in October 2020.
Follow Brian on Twitter: @No2euDenny
Marc Glendening is Head of Cultural Affairs at the Institute of Economic Affairs. Before that he worked for Policy Exchange focusing on freedom of speech related issues and the political implications of human rights law. In 2011 he co-founded as political director of the cross-party Democracy Movement, the People’s Pledge. This campaigned for a referendum on the question of EU membership and included politicians and others with contrary views on Brexit.
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The so called ‘Chinese economic miracle’ has been analysed by economists for decades. How was China, with 88 percent of it's population living in extreme poverty as recently as 1981, able to reduce this rate to less than one percent? Never in the history of the world have so many hundreds of millions of people risen from abject poverty to the middle class in such a short time.
To discuss the Chinese economic miracle, IEA Communications and Public Affairs Officer Kieran Neild-Ali was joined by Dr Rainer Zitelmann, a historian and sociologist. He is also a world-renowned author, successful businessman and real estate investor. He wrote for the IEA Blog on the Chinese economic miracle earlier this month, which you can read here.
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The IEA Book Club welcomed Dr George Maher to discuss his latest book “Pugnare – Economic Success and Failure”. This event took place on Monday 29th November at the IEA.
Donald Trump and Commodus? Emperor Tiberius and the 2008 financial crisis? Two worlds, 2000 years apart that are not as different as you think. In his book, George shines a light on the side of Rome that they do not teach you in textbooks, exploring it from a business perspective to better understand the people, the empire, and its successes, failures and ultimate demise. By looking back at Rome, we can learn valuable lessons to take into the future.
George holds a PhD in the economy of the Roman Empire from King’s College London. He is a fellow of the Institute and Faculty of Actuaries and was Director and Trustee of the Society for the Promotion of Roman Studies. He was a Partner at Tillinghast-Towers Perrin and continues to practice consultancy.
George recently carried out an IEA Book Club Short on our Youtube Channel, discussing his book with Dr Steve Davis (IEA Head of Education). To view this, click the link here.
This event is exclusive to IEA Book Club members. To find out more about the IEA Book Club, please follow the link here or contact us at bookclub@iea.org.uk
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On this USA SPECIAL episode of Live with Littlewood, IEA Director General Mark Littlewood was joined by:
Jon Caldara - President, Independence Institute (@IITV )
Antonella Marty - Associate Director PR & Influencer Relations, Atlas Network (@Atlas Network @Antonella Marty Oficial )
Michael Carnuccio - Founder & CEO, JTK Group
Patrick Basham - Founding Director, Democracy Institute
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In this episode, the IEA's Emily Carver, Kristian Niemietz and Marc Glendening sit down to discuss the threats posed to free speech by the encroachment of cultural leftism in our institutions.
Emily Carver is the Institute of Economic Affairs’ Head of Media, responsible for managing and growing the IEA’s media output. Prior to joining the IEA in October 2019, Emily worked as Policy Adviser to a Conservative MP. Previously, she spent a year at public relations agency, Edelman. She has a degree in modern languages from Bristol University and an MSc in European Politics from the LSE.
Dr Kristian Niemietz joined the IEA in 2008 as Poverty Research Fellow, becoming its Senior Research Fellow in 2013, Head of Health and Welfare in 2015 and Head of Political Economy in 2018. Kristian is also a Fellow of the Age Endeavour Fellowship. He studied Economics at the Humboldt Universität zu Berlin and the Universidad de Salamanca, graduating in 2007 as Diplom-Volkswirt. In 2013, he completed a PhD in Political Economy at King’s College London.
Marc Glendening is Head of Cultural Affairs at the Institute of Economic Affairs. Before that he worked for Policy Exchange focusing on freedom of speech related issues and the political implications of human rights law. In 2011 he co-founded as political director of the cross-party Democracy Movement, the People’s Pledge. This campaigned for a referendum on the question of EU membership and included politicians and others with contrary views on Brexit.
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Michael Grenfell is the Executive Director, Enforcement, at the Competition and Markets Authority where he is responsible for leading the CMA’s enforcement work on Competition Act cases, criminal cartels and consumer enforcement, to provide value to markets and consumers providing strong, visible and dynamic leadership of the CMA’s enforcement work.
This is a recording of a speech given at a joint Institute of Economic Affairs and Information Technology and Innovation Foundation conference called 'The Meaning of Competition: Assertive Antitrust Enforcement and The Digital Economy' on Thursday 4th November 2021.
In May 1946, Hayek delivered the seminal Stafford Little Lecture at Princeton University, laying out his influential ideas of competition as a rivalrous process by which information is discovered. Celebrating the 75th anniversary of the lecture, the conference reinvigorated Hayek’s legacy in these times of aggressive antitrust enforcement in the digital economy. Jointly organised by the Schumpeter Project on Competition Policy at the ITIF, and the IEA’s Regulatory Affairs Programme, we debated current conceptions and misconceptions of the meaning of competition in the digital era.
The Institute of Economic Affairs is recognised as one of the most influential think tanks in the UK, and its history is closely associated with ideas of Friedrich A. Hayek. We are delighted to host our distinguished speakers and guests today.
Founded in 2006, the Information Technology and Innovation Foundation (ITIF) is the world’s top think tank for science and technology policy in the latest edition of the University of Pennsylvania’s authoritative Global Go To Think Tank Index. ITIF's mission is to formulate, evaluate, and promote policy solutions that accelerate innovation and boost productivity to spur growth, opportunity, and progress.
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In this episode of The Swift Half, Chris sits down with Henry Dimbleby (Co-founder of the Leon restaurant chain and Director of the Sustainable Restaurant Association).
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The Department for International Trade has launched the UK’s first International Trade Week, as it bids to get more British firms exporting to reach a £1 trillion a year export target by 2030.
Secretary of State for International Trade Anne-Marie Trevelyan kick started the inaugural International Trade Week on Monday, urging UK businesses to sell to the world with DIT’s new ‘Made in the UK, Sold to the World’ campaign.
To discuss the initiative, IEA Communications & Public Affairs Officer Kieran Neild-Ali sat down with Paul O'Donnell, Public Affairs Director at the Institute of Export & International Trade and Shanker Singham, IEA Trade Fellow and former Director of the International Trade and Competition Unit (ITCU) of the Institute of Economic Affairs.
On this episode, Mark Littlewood, IEA Director General, was joined by:
Patrick Christys - GB News Presenter
Emily Carver - Head of Media, IEA
Danielle Boxall - Media Campaign Manager, TaxPayers' Alliance
Andrew Lilico - Economist
John Macdonald - Director of Strategy, Adam Smith Institute
They talking about:
-
MP Sleaze Scandal
-
COVID-19 and Dodgy Statistics
-
Corporate Wokery
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To get the full round-up and analysis of COP26, IEA Communications & Public Affairs Officer Kieran Neild-Ali was joined by Matthew Lesh, Head of Research at the Adam Smith Institute, and Andy Mayer, Chief Operating Officer at the Institute of Economic Affairs.
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In this episode of The Swift Half, Chris sits down with Madeline Grant (Telegraph columnist and Parliamentary sketchwriter). They talk all things from COP26 to journalism (and even a bit of 007!).
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This week the Bank of England Monetary Policy Committee decided not to raise interest rates, voting seven to two to hold its benchmark rate at 0.1 per cent. This is despite the Bank lifting its forecast for inflation in its latest report.
What does rising inflation mean for households across the UK? What does the banks decision on rates mean for the economy? And what could the future hold for monetary policy?
IEA Communications and Marketing Assistant, Kieran Neild Ali, sat down with Julian Jessop, IEA Economics Fellow.
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Neil Record, Chairman of the IEA, has published a report on the cost of public sector pensions, entitled the ‘Great British Rake-Off’. In his research, Neil argues that the public has been misled over the true cost of public sector pensions. This, Neil claims, is predominantly due to the government operating two different interest rates to calculate the price of pensions in the public sector. On the one hand, IAS19 interest rates, the nationally required formula for companies to calculate their pension expenditure, are used by the government to account for their pensions costs and liabilities, as ordered. However, instead of releasing these results to inform the electorate of the cost of public sector pensions, the government then uses another interest rate, known as ‘SCAPE, to deduce how much the Treasury has charged public sector workers for their pensions. Neil asserts that such a convoluted system confuses the public and allows large sums of money, £57 billion to be precise, to go unreported.
You can read Neil’s paper for free here: https://iea.org.uk/publications/how-g...
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On this episode of Live with Littlewood, IEA Director General Mark Littlewood was joined by:
Mike Graham - Presenter, TalkRadio
Dehenna Davison - Member of Parliament, Bishop Auckland
Kristian Niemietz - Head of Political Economy, IEA
Eamonn Ives - Head of Energy and Environment, Centre for Policy Studies
They discussed:
1.Budget 2021: Is this government addicted to splashing taxpayer cash?
-
The Great British Rake-Off: Are the public finances in a more parlous state than we thought?
-
COPping out: Without China or Russia, is it time to reset our expectations for COP26?
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IEA's Kieran Neild-Ali sat down with Darwin Friend, Policy Analyst at the TaxPayers' Alliance, and Senior Advisor to the Director General of the Institute of Economic Affairs, Sam Collins to discuss the Autumn Budget 2021.
They analysed key announcements made at the despatch box, covering everything from business rates, alcohol duty and the national living wage.
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In this episode of The Swift Half, Christopher Snowdon, IEA Head of Lifestyle Economics, sits down with Matthew Lesh (Head of Research, Adam Smith Institute) and talks all things COVID-19 booster jabs to online anonymity and how the NHS compares to other countries healthcare systems.
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SHOW LESS
Last week, the IEA released a new book authored by Dr Jamie Whyte, former Research Director at the Institute of Economic Affairs. In his book, Why Free Speech Matters, Jamie issued a rally cry, saying that those who prize free speech must once again defend it. In this week's podcast, IEA Communications & Marketing Assistant Kieran Neild-Ali was joined by Jamie in the IEA studio to discuss his work. He was also joined by Dr Kristian Niemietz, Head of Political Economy at the IEA, who himself is interested in cultural issues related to freedom of speech.
Read the full book here.
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Joining Mark on this episode of #LiveWithLittlewood : Arlene Foster, Former First Minister of Northern Ireland Victoria Hewson, Head of Regulatory Affairs, IEA Henry Hill, News Editor, Conservative Home Dr Jamie Whyte, Author They'll be discussing... Frosty relations: What next for the Northern Ireland Protocol? Supply chain schadenfreude: Will our current difficulties soon plague the EU? Foot off the gas: What's the solution to our energy woes?
The "worst public health failure": How do we avoid repeating mistakes of Covid past? Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://patreon.com/iealondon
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In this episode of The Swift Half, Chris chats with historian, and columnist and leader writer for The Telegraph - Tim Stanley.
They discuss Tim's upcoming book 'Whatever Happened to Tradition? History, Belonging and the Future of the West' 'The West feels lost. Brexit, Trump, the coronavirus: we hurtle from one crisis to another, lacking definition, terrified that our best days are behind us. The central argument of this book is that we can only face the future with hope if we have a proper sense of tradition – political, social and religious. We ignore our past at our peril. The problem, argues Tim Stanley, is that the Western tradition is anti-tradition, that we have a habit of discarding old ways and old knowledge, leaving us uncertain how to act or, even, of who we really are.'
You can find out more about Tim's book here - https://www.bloomsbury.com/uk/whateve...
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The European Union has set out its proposals to change the Northern Ireland Protocol after the Brexit Minister, Lord Frost, announced in Lisbon earlier this week that the UK will trigger Article 16 if changes to the agreement are not made.
The protocol was designed to prevent checks along the border between Northern Ireland and the Republic of Ireland, following Brexit. But since it came into force at the start of 2021, it has prompted disagreements between the UK and EU because it has disrupted trade between Great Britain and Northern Ireland.
IEA Communications and Marketing Assistant, Kieran Neild Ali, sat down with Victoria Hewson, who is Head of Regulatory Affairs at the IEA, to discuss the Northern Ireland Protocol. They discussed the origins of the Northern Ireland Protocol, the constitutional and economic problems with the agreement and what the future holds for UK-EU relations.
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How do we get the public finances back in order? How do we reduce the burdens on businesses after this crisis has passed?
The IEA and TPA host an in-depth conversation with Chancellor of the Exchequer, Rt Hon Rishi Sunak MP. From the spending review, tax and spending policies, and the country’s economic recovery, join us for a wide-ranging and thought-provoking conversation with the man responsible for the UK’s economic future.
Speakers:
Mark Littlewood (Co-Chair), Director General of the Institute of Economic Affairs
John O’Connell (Co-Chair), Chief Executive of the TaxPayers’ Alliance
Rt Hon Rishi Sunak, The Chancellor of the Exchequer
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Over the past two weeks, the two major political parties of the UK have held their annual conferences, giving voters a chance to see what they stand for, their policy ambitions and assess the character of their leaders.
But are party conferences as important as they used to be? Polling suggests that both Labour and the Conservatives have not moved in the polls, remaining as they were before conference season. The Tories appear to have gained more media coverage than Labour, but is that good or bad?
To find out the current state of the political landscape, what our major parties stand for and to get down into the nitty-gritty of the last few weeks, giving you a round-up of both conferences, Kieran Neild-Ali, IEA Communications and Marketing Assistant, was joined by IEA Chief Operating Officer Andy Mayer, who attended Labour conference for the IEA, and Duncan Simpson, Research Director at the TaxPayers’ Alliance, who attended the Conservative’s conference in Manchester.
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We're back! First episode in the new season of Live with Littlewood. We've got a new studio set up...in person guests...but plenty of the same, amazing discussions!
Joining Mark Littlewood on the sofa this episode:
Tom Harwood - Political Correspondent, GB News (@GBNews )
Christopher Snowdon - Head of Lifestyle Economics, IEA
Christian Calgie – Senior reporter, Guido Fawkes (@Guido Fawkes )
Emma Revell – Head of Public Affairs, IEA
They'll be discussing:
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What did we miss?
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Is Britain Fuel-Proof?
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Labour of Love
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Obesity Health Alliance
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This week the headlines have been dominated by the energy crisis unfolding across Britain and much of the world. A shortage in the supply of gas, causing a spike in energy prices, coupled with a state-imposed price cap has led to energy companies going bust, and larger suppliers unable to meet demand from new customers.
To explain the current energy crisis, Kieran Neild, IEA Communications and Marketing Assistant, was joined by James Forder, our new Academic & Research Director at the IEA and Dr Lawrence Haar, who is a Senior Lecturer in Finance at Brighton University School of Business and Law.
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In this episode of The Swift Half with Snowdon, Chris is joined by Anthony Warner, also known as The Angry Chef. They discuss all things from public health and COVID-19, to obesity and fad diets. Anthony Warner is a British chef and food writer and the author of the Angry Chef blog. His first book, The Angry Chef, has been seen as a reaction to and debunking of food faddism.
You can purchase a copy of Anthony's book 'The Angry Chef' here - https://www.amazon.co.uk/Angry-Chef-S...
Chris and Anthony also discuss Anthony's latest book 'Ending Hunger: The quest to feed the world without destroying it' - https://www.amazon.co.uk/Ending-Hunge...
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On Wednesday 15th September the Free Market Forum (FMF) launched its first paper, ‘30 ideas for 2030’. It brought together the ideas of MP’s academics and IEA experts who set out a vision for a better, brighter Britain by the end of this decade.
IEA Communications and Marketing Assistant Kieran Neild- Ali was joined by Emma Revell, IEA Head of Public Affairs and Head of the Free-Market Forum and a contributor to the 30 ideas for 2030. IEA Head of Regulatory Affairs Victoria Hewson also joined the podcast to discuss her contribution to the FMF paper, discussing trade policy and tariffs elimination.
Read '30 Ideas for 2030' here.
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Listen to Dr William Easterly's lecture at THINK2021.
William Easterly is Professor of Economics at New York University and Co-director of the NYU Development Research Institute, which won the 2009 BBVA Frontiers of Knowledge in Development Cooperation Award. He is the author of three books: The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor(March 2014), The White Man’s Burden: Why the West’s Efforts to Aid the Rest Have Done So Much Harm and So Little Good (2006), which won the FA Hayek Award from the Manhattan Institute, and The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics (2001).
THINK 2021 was held on Saturday 12th June where a collection of world leading economists and thinkers from all over the globe came together and gave talks, held discussions and hosted Q and As. The conference was kindly supported by Vernon Hill II.
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After much speculation, Boris Johnson finally announced his plan to address the social care crisis on Tuesday 7th September. As the UK population continues to age, costs for looking after our older people are increasing. Reluctance by previous governments to tackle the issue has left a funding gap of approximately £5-14BN.
The PM announced there will be 1.25% rise in National Insurance Contributions (NIC) for both employers and employees and tax on the share of dividends will also go up by 1.25%.
The government has named the tax the Health and Social Care levy and it will come into force in April 2022. The rise in NIC could see around 25 million working age people pay extra tax whilst retiree’s stay off the hook. This has raised issues around intergenerational fairness.
So how should we fund social care? Can increased taxation close the funding gap and give the elderly the care they deserve? Should we look to alternative models for funding later life care? And what does this latest policy say about the landscape of British politics today?
In the latest IEA Podcast, IEA Communications and Marketing Assistant Kieran Neild-Ali sat down with Harry Fone, Campaign Manager at the TaxPayers’ Alliance, and Professor Len Shackleton, IEA Editorial & Research Fellow, to discuss social care funding.
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In this episode of The Swift Half with Snowdon, Chris is joined by Baroness Fox of Buckley, better known as Claire Fox. They discuss all things from COVID-19 to House of Lords reform.
Claire recently wrote a chapter called 'Liberty: Beyond Left or Right?' in the IEA's new book 'Having Your Say'. Free speech is considered by both right and left as negotiable or even dispensable when faced with issues such as Covid-19 or Black Lives Matter. In such circumstances our political elites pursue a particular narrative through mainstream and social media and effectively ‘cancel’ those who express opposition or even mild doubt.
You can download a free copy of the IEA's 'Having Your Say' here - https://iea.org.uk/publications/havin...
You can find out more about the Battle of Ideas here - https://www.battleofideas.org.uk/
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With reports of empty shelves in supermarkets and potentially more disruption in the pipeline with the run up to Christmas, Mark Littlewood (Director General, IEA) sits down with Julian Jessop (Economics Fellow, IEA) to discuss supply shortages and how they could impact the UK's economic recovery. You can read Julian's CapX article here - https://capx.co/will-supply-shortages...
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Recent data from the Office for National Statistics suggests drug related deaths in England and Wales are at the highest rate since records began in 1993, and have increased year on year since 2013. Critics argue that the war on drugs has been lost, and the UK must embrace more liberal drug laws to prevent deaths. Polling suggests the British public are warming to the idea of legalising cannabis, implying UK drug policy could see change in the coming years.
IEA Communications and Marketing Assistant, Kieran Neild-Ali, was joined by Christopher Snowdon, Head of Lifestyle Economics at the IEA, to discuss the legalisation of cannabis. They spoke about the effect of addiction on free will- asking whether drug addicts can make rational choices for themselves and whether this damages the liberal case for legalisation.
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In this episode, Christopher Snowdon, IEA Head of Lifestyle Economics, speaks to Stuart Ritchie, a Scottish psychologist and science communicator known for his research in human intelligence. He has served as a lecturer at the Institute of Psychiatry, Psychology and Neuroscience at King’s College London since the summer of 2018.
They talk about the situation in Afghanistan, IQ and Covid and vaccine scepticism.
The Swift Half with Snowdon is a bi-weekly YouTube episode where Christopher speaks to a guest on a variety of topics. Catch-up on the full playlist here.
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This week, IEA Communications and Marketing Assistant, Kieran Neild-Ali, sat down with Head of Media, Emily Carver and Dr Kristian Niemietz, Head of Political Economy at the IEA, to discuss the Extinction Rebellion (XR) protests taking place in London.
Although most of us support the primary aim of XR in highlighting and demanding action on climate change, many would fervently disassociate ourselves with their movement. Some levy that XR is a socialist organisation and has unrealistic anti-liberal and anti-capitalist solutions for the environment.
The three talked about whether XR is a force for good in the 'green revolution', if they are a left-wing organisation, and how capitalism can help solve climate change.
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Donald Trump and Commodus? Emperor Tiberius and the 2008 financial crisis? Two worlds, 2000 years apart that are not as different as you think. Dr George Maher shines a light on the side of Rome that they do not teach you in textbooks, exploring it from a business perspective to better understand the people, the empire, and its successes, failures and ultimate demise.
By looking back at Rome, we can learn valuable lessons to take into the future. Historian and Author Dr Steve Davies (Head of Education, IEA) sits down with Dr George Maher to discuss George's latest book 'PUGNARE: Economic Success and Failure'. George's book is available to purchase here: https://www.amazon.co.uk/PUGNARE-Econ...
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IEA Director of Communications, Annabel Denham, discussed her recent paper for EPICENTER on UK gender pay gap (GPG) reporting with IEA Communications and Marketing Assistant.
The gender pay gap has proven to be a hot topic for advocates of gender equality. Many see disparities in pay between men and women as systematic of the inequality of the sexes throughout society.
The two discussed how we define the gender pay gap, how it is measured, whether complete pay equality between the sexes is possible, and what policies could help improve female pay.
Read Annabel's paper here.
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Central bank digital currencies (CBDCs) received yet another shot in the arm after the Bank of England (BoE) and the Treasury launched a taskforce to look into a potential digital currency for Britain, nicknamed “Britcoin”. This comes at a time when many central banks around the world are becoming increasingly concerned at the speed at which cryptocurrencies are growing and being embraced by institutions.
Mark Littlewood, Director General (IEA) sits down with Money Week Columnist Dominic Frisby to discuss Britcoin and it's implications.
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In the latest episode of the IEA podcast, Kieran Neild-Ali, IEA Communications and Marketing Assistant, discussed the UK's climate change strategy with IEA Chief Operating Officer Andy Mayer.
Andy analysed the recent IPCC report, Labour's new 'Green New Deal' and the upcoming COP26 conference, highlighting the shortcomings of state intervention in tackling climate change. The pair discussed the free-market environmentalist alternative to heavy state interference and explored whether greener nations like the UK should make large polluters like China pull their weight in the battle to lower CO2 emissions.
Publications cited in the podcast:
IPCC report
Climate change targets are rising at a dangerous rate
Debate: The pros and cons of carbon taxes
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Professor Len Shackleton (Research and Editorial Fellow, IEA) sits down with Dr Nick Cowen to discuss Nick's chapter in the IEA's new book 'Having Your Say'. Nick's chapter focuses on tolerating extreme speech. You can read Having Your Say here - https://iea.org.uk/publications/havin...
Nick is a Senior Lecturer in the School of Social and Political Sciences at the University of Lincoln where he teaches Key Social Science Concepts, Human Rights, Social Issues and Social Justice, Images of Crime and Applying Research.
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Last month, food and medicine shortages sparked riots in Cuba, with people rallying against the communist regime. Protesters were heard calling: “We have no fear” and “Down with the dictatorship” as they staged the biggest revolt against the government for decades.
IEA Communications & Marketing Assistant, Kieran Neild-Ali, sat down with Head of Political Economy Dr Kristian Niemietz to discuss the Cuban uprising, asking why some politicians on the left are often apologists for Castro's revolution. They discuss the history of the brutal regime and predict what could happen next for Cuba.
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The Institute of Economic Affairs welcomed the Rt Hon Penny Mordaunt MP, Conservative Member of Parliament for Portsmouth North, for the latest in our In Conversation series with senior figures in public life. This webinar took place on Monday 2nd August from 18:00 – 19:00 BST, and will be chaired by IEA Director General, Mark Littlewood.
Penny Mordant has served as Conservative MP for Portsmouth North since 2010 and is currently part of the Treasury team as Paymaster General, where her responsibilities include transition readiness, Overseas Development Assistance, and cyber security. She has previously served as Secretary of State for Defence, Secretary of State for International Development, and Minister for Women and Equalities, and is a Royal Naval Reservist.
She is also the author of a new book “Greater: Britain after the storm” which she discussed during the event.
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Kieran Neild-Ali, Communications and Marketing Assistant at the IEA, was joined by Economics Fellow, Julian Jessop, to discuss the ins and outs of inflation for the latest IEA podcast. The two discussed, what inflation is, how is it caused, is it dangerous and what policies can be used to control it. Julian delved into Quantitative Easing and its wider implications on monetary policy, discussing Modern Monetary Theory and its long-term impact on the UK economy.
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In the latest episode of the IEA Podcast, Kieran Neild-Ali, Communications and Marketing Assistant at the IEA, sat down with Head of Cultural Affairs, Marc Glendening, to discuss the Frankfurt School- giving listeners a beginner's guide to an important canon of thought which has greatly influenced the culture war we see today.
They explain the importance of the Frankfurter's influence on shifting Marxists away from classical Marxism to a holistic study of society and capitalism in the form of Critical Theory which argued capitalism doesn't just oppress people economically, but through culture.
The ideas of the Frankfurt School meant Marxist revolutionaries would no longer work towards a single, violent uprising of the working class, but would start a slow take-over of society’s key cultural and political institutions from the inside by elite-level activists.
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The IEA Book Club was delighted to host Jasper Becker (British author, commentator, journalist, and expert on Asian Politics) for an upcoming webinar on his latest book, ‘Made in China: Wuhan, Covid, and the Quest for Biotech Supremacy’. This virtual event took place on Monday 21st June and was chaired by Dr Stephen Davies (IEA Head of Education).
In Jasper’s latest book, he explores what we know, and still don’t know, about the origins of COVID-19, and how it was handled in China. We may never get all the answers, but much is already clear: China’s record as the origin of earlier pandemics, and its struggle to bring contagious diseases under control; its history as both a victim of biological warfare and a developer of deadly bioweapons.
When Covid broke out, Wuhan was building science parks to realise Beijing’s ambitions in biotech research. Whoever achieves global leadership of the gene-editing industry stands to harvest great power and wealth.
China has already challenged Western technological supremacy with 5G and in other industries. Yet this tiny, invisible virus has cruelly exposed a critical flaw in the Chinese political system: obsessive secrecy. The West wanted to trust the PRC, hoping that, as it prospered, it would become an open society. Made in China reveals how Beijing’s leaders have betrayed that trust.
This event was exclusive to IEA Book Club members. To find out more about the Book Club please contact us directly at bookclub@iea.org.uk
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On this episode of Live with Littlewood, Mark is joined by:
Dr Steve Davies - Head of Education, Institute of Economic Affairs
Dominic Frisby - Financial Writer and Comedian
Mike Graham - Presenter, TalkRadio
Tim Montgomerie - Conservative Pundit and Reaction contributor
Tom Whipple - Science Editor, Times
Joanna Williams - Head of Education and Culture, Policy Exchange
They discussed:
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With freedom day going ahead but confused government communication, the question on everyone’s mind is ‘to mask or not to mask?’
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As lockdown is easing in the UK, we look at what is happening with covid beyond our fair isles?
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Despite the vaccine success, is another pandemic just around the corner?
This episode was recorded on 14th July 2021
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IEA Communications & Marketing Assistant, Kieran Neild-Ali, sat down with IEA Head of Political Economy Dr Kristian Niemietz to discuss his latest paper 'Left turn ahead' which includes polling that suggests younger people hold negative attitudes towards capitalism and favour socialist alternatives.
Kieran asked Kristian whether holding negative views towards capitalism was justified in the current climate, with young people being excluded from home ownership, jobs and good pay. Kristian argued that socialist solutions, which have high approval amongst young people, would do more harm than good. Instead, proponents of the free market must encourage radical policy solutions, like reforming planning, to end the housing crisis and win back the youth from socialism.
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Professor Len Shackleton, Editorial & Research Fellow at the IEA, sits down with comedian Leo Kearse to discuss Leo's chapter in the IEA's new book 'Having Your Say'. Leo's chapter focuses on free speech in comedy and explores the area of censorship. You can read Having Your Say here - https://iea.org.uk/publications/havin...
The prevailing mood of political correctness inhibits comedians and makes people ashamed of what they or their parents used to laugh at in the past. While the consensus may be that there have to be some externally imposed limits on comedic speech, we can’t assume that those who police this speech will act reasonably. A healthy society needs to be able to laugh at itself, even if it occasionally hurts.
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On this episode of Live with Littlewood, guests discussed:
Left turn ahead: Are young people growing into socialism? Having your say: Is free speech under threat?#
Panellists included:
Patrick Christys, Presenter, talkRadio
William Clouston, Leader, Social Democrat Party
Dr Jan Macvarish, Education and Events Director, Free Speech Union
Dr Kristian Niemietz, Head of Political Economy, IEA
Professor Len Shackleton, Editorial and Research Fellow, IEA
Tom Slater, Deputy Editor, Spiked
The episode was recorded on 7th July 2021.
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IEA Head of Media, Emily Carver, was joined by Chief Operating Officer at the Institute of Economic Affairs, Andy Mayer, to discuss critical race theory and whether it should become an integrated part of the workplace and HR practice.
The episode looks at why critical race theory is itself racist, as it presumes a group of people with a certain skin colour are inherently racist and hold power and privilege over fellow workers of different skin colour. Andy argued this can cause division and mistrust in the workplace and is bad HR practice.
Andy talked about how the IEA has decided to ignore critical race theory in its own HR strategy to protect staff against racism.
The podcast focuses on Andy's article for 1828, which you can read here.
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The Institute of Economic Affairs was delighted to host Jeremy Browne for the latest in our In Conversation series with senior figures in public life.
This webinar was recorded on Monday 5th July, and was chaired by IEA Director General, Mark Littlewood.
Jeremy Browne is the former Liberal Democrat MP for Taunton Deane, representing the constituency between 2005 and 2015. Jeremy served as Liberal Democrat Treasury spokesman from 2007 and during the coalition government was part of the Foreign and Commonwealth Office team as Minister of State for South East Asia, Far East and the Pacific, and Minister of State for Crime Prevention at the Home Office. Following his leaving Parliament, Jeremy spent three years as Special Representative for the City of London Corporation in the European Union, leading efforts to boost the City’s presence in Brussels.
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On this episode of Live with Littlewood, panellists discussed:
1.The kids aren't alright: Is it time to stop the self-isolation "madness"?
2.Mind the gap: How do we bridge the inter-generational divide?
3.The path to victory: Is freedom coming home?
4.Doctor, doctor: Does our national religion need a reformation?
Our guest speakers included:
John Ashmore, Editor, CapX.
Alex Deane, Political Commentator.
Robert Halfon, Member of Parliament for Harlow and Chair of the Education Select Committee.
Timandra Harkness, Writer and Comedian.
Christopher Snowdon, Head of Lifestyle Economics, Institute of Economic Affairs.
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IEA Communications and Marketing Assistant, Kieran Neild-Ali, discussed the collapse of the British pub trade with Head of Lifestyle Economics at the Institute of Economic Affairs, Christopher Snowdon.
Kieran and Christopher looked at the key events in the demise of the pubs, including the 2007 smoking ban, the beer duty escalator, shifting cultural attitudes and Covid lockdown restrictions. Christopher argued the time is right to offer pubs a lifeline in the form of lower taxes and less regulation to help pubs bounce back after their toughest year yet.
The IEA will release an original podcast every Friday, so stay tuned to hear the thoughts of experts on a range of free market issues.
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The Institute of Economic Affairs hosted a discussion on the Impact of COP9 on Vapers. For the first time since leaving the European Union, in November 2021, the UK will send a delegation to the World Health Organisations Conference of Parties (COP) to the Framework Convention on Tobacco Control. The Framework Convention on Tobacco Control (FCTC) is an international treaty under the auspices of the WHO dedicated solely to tobacco control. COP is the supreme decision-making body of the FCTC, where all parties to the FCTC meet biennially to review the implementation of the convention and adopt the new guidance.
The discussion centred on who represents the UK at COP, how decisions are reached (and whether we should listen to them), the impact of these decisions on the United Kingdom’s harm reduction progress, and the 2030 smoke-free target. Plus much more.
Our panel of expert speakers included IEA Director General Mark Littlewood (chair), Matt Ridley (Vice-Chair of the APPG on Vaping), Christopher Snowdon ( IEA Head of Lifestyle Economics), and Louis Houlbrooke (NZ Taxpayers Union).
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On the 5th anniversary of the Brexit referendum, the IEA produced a Brexit special Live with Littlewood with host, IEA Director General Mark Littlewood. Mark asked:
– Was "taking back control" code for permanent expansion of the state?
– Will the government ever get a handle on the public finances?
– Has any damaging EU regulation been repealed?
– Is our buccaneering approach to trade deals the silver lining?
Panellists included:
Steve Baker, Member of Parliament for Wycombe.
Douglas Carswell, CEO and President, Mississippi Center for Public Policy.
Matthew Elliott, Former CEO, Vote Leave, TaxPayers' Alliance and NOtoAV
Dr Kristian Niemietz, Head of Political Economy, Institute of Economic Affairs
Dr Radomir Tylecote, Founding Director, Free Speech Union
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Do you think women are referenced enough in the history of economic thought?
Given there have only been two female Nobel prize winners, could a lack of role models be contributing to this gender divide?
A recent FT article, titled “fixing economics’ gender problem,” argued that change to make economics more representative is overdue. Two of Europe’s top female economists, Isabel Schnabel of the European Central Bank and Margarita Delgado, deputy governor of the Bank of Spain, told the paper that the profession needed to do more to help women advance.
To discuss this, IEA Director of Communications Annabel Denham spoke to Vicky Pryce, economist, author and chief economic adviser at the Centre for Economics and Business Research, Rachel Cole Head of Economics and Business at St Edward’s School in Cheltenham and the IEA’s Editorial and Research Fellow Professor Len Shackleton.
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The Institute of Economic Affairs was delighted to host author, comedian and actor, Dominic Frisby in the latest episode of our In Conversation series.
This webinar took place on Monday 14th June, and was chaired by IEA Director General, Mark Littlewood.
Dominic gave his reaction to the Prime Minister's decision to delay the lockdown roadmap and discussed the government's Covid response.
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In this episode, IEA Acting Academic and Research Director Syed Kamall discusses new IEA research by Professor Len Shackleton, Editorial and Research Fellow at the Institute of Economic Affairs.
In his new paper, Ad Break: Why Curbs on Advertising Harm Free Speech, Len looks at how restrictions on advertisements by the Advertising Standards Authority (ASA) constitute a threat to freedom of speech and can restrict competition in the market.
He argues that now is the time to afford commercial speech the same rights and protection as intellectual free speech and urges the ASA to scale back its interreference in advertising.
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The IEA hosted Mustafa Akyol, Senior Fellow at the Cato Institute and opinion writer for The New York Times, for a private IEA Book Club webinar on his latest book “Reopening Muslim Minds: A Return to Reason, Freedom, and Tolerance”.
This event took place on Monday 17th May, and was chaired by Lord Syed Kamall, IEA Acting Academic and Research Director. In his latest book, Mustafa both diagnoses “the crisis of Islam” in the modern world and offers a way forward. Diving deeply into Islamic theology, and sharing lessons from his own life story, he reveals how Muslims lost the universalism that made them a great civilization in their earlier centuries.
This book borrows lost visions from medieval Muslim thinkers such as Ibn Rushd (aka Averroes), to offer a new Muslim worldview on a range of sensitive issues: human rights, equality for women, freedom of religion, or freedom from religion. While frankly acknowledging the problems in the world of Islam today, Akyol offers a clear and hopeful vision for its future.
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The Institute of Economic Affairs was delighted to host The Rt Hon Dr Liam Fox MP, Conservative Member of Parliament for North Somerset, in the latest episode of our In Conversation series.
This webinar took place on Monday 24th May, and was chaired by IEA Director General, Mark Littlewood. Dr Fox is the Member of Parliament for North Somerset. He was first elected as the MP for Woodspring in 1992. He has held several ministerial roles, such as being the Constitutional Affairs Spokesman (1998-1999), Shadow Health Secretary (1998-1999), Shadow Health Secretary (1999-2003), Shadow Foreign Secretary (2005) and Shadow Defence Secretary (2005-10), and Secretary of State for Defence (2010-11).
In the wake of the United Kingdom’s vote to leave the European Union, Dr Fox was appointed as the first Secretary of State of International Trade by former Prime Minister Theresa May. He served that position, as well as being the President of the Board of Trade, from 2016-2019. In 2020 the UK government nominated Dr Fox as a candidate for Director General of the World Trade Organisation (WTO) which saw him reach the last five in the election.
Recently it was reported that ministers are pushing for flexible working to become the default unless employers have good reason not to allow it. Officials have reportedly formed an advisory group from business associations, charities, and trade unions to help draw up employment guidance for flexible working. Are they on the right track? Has COVID kill the office?
Annabel Denham, Director of Communications at the IEA, is joined by Professor Len Shackleton, IEA Editorial & Research Fellow, and Sam Dumitriu, Research Director at The Entrepreneurs Network to discuss this.
Acting Academic and Research Director Syed Kamall welcomes Professor Christian Bjørnskov to discuss the life and work of two economists - Gordon Tullock and James Buchanan. Christian is a Professor at the Department of Economics and Business Economics, Aahrus University.
‘School of Thought’ is the IEA discussion series based on the book ‘101 Great Liberal Thinkers’ by Dr Eamonn Butler.
IEA Communications and Marketing Assistant Kieran Neild- Ali sits down with Professor Forrest Capie to discuss his latest IEA research paper ‘UK Debt in Perspective’which he co-authored with Professor Geoffrey Wood.
The paper gives historical context to the current UK debt figures, which currently stand at around 100 per cent of national income. The authors find that from the beginning of the industrial revolution to the present day, the UK debt-to-income ratio has mostly been at the current level, or higher. At the same time, living standards have been transformed for the better.
Listen to the webinar launch of our latest trade paper, titled Eastern Promise: Assessing the Future of UK-India Trade , authored by IEA Trade Fellow Shanker Singham.
The new research explores the opportunities for a UK-India partnership including a trade deal, access to market for food and drink and other exports, and prospects for a new geopolitical ally in Asia. It examines the main challenges, and progress to date.
Panellists include the paper's author, Shanker Singham, Imran Khan MP, Dinesh Dhamija and Syed Kamall, the IEA's Acting Academic and Research Fellow. The event was chaired by IEA Director General Mark Littlewood.
This episode was originally live streamed on the IEA YouTube Channel.
IEA Communications and Marketing Assistant Kieran Neild discusses new IEA research by Dr Juan E. Castañeda on the shortcomings of Modern Monetary Theory (MMT).
In the last decade, MMT has gained traction as a set of policy proposals which can deliver economic prosperity to citizens without conventional concerns for government debt and budget constraints.
Dr Castañeda covers the central theme's of his new paper and explains what MMT is, why it is a dangerous economic theory and what would have happened to the UK had the government implemented full MMT policies.
You can read Modern Monetary Theory: Why it can’t provide sustained economic growth and low inflation here.
Acting Academic and Research Director Syed Kamall welcomes Dr Onkar Ghate to discuss the life and work of the great 20th century philosopher Ayn Rand. Onkar is Chief Philosophy Officer and Senior Fellow at the Ayn Rand Institute and has taught philosophy for over ten years at the Institute’s Objectivist Academic Centre.
‘School of Thought’ is the IEA discussion series based on the book ‘101 Great Liberal Thinkers’ by Dr Eamonn Butler.
'101 Great Liberal Thinkers' is available to download for free on the IEA website here.
Dr Stephen Davies, Head of Education at the Institute of Economic Affairs sits down with Imran Ahmad Khan, Member of Parliament for Wakefield, to discuss the future of British foreign policy, free trade and international development.
This episode is part of the IEA’s Foreign Affairs series.
Will the European Union learn the right lessons from the vaccine fiasco?
Does Britain’s phenomenal success mark a triumph for the free market?
What could the impact be on UK GDP if we reopen three months earlier than nations on the continent? And could the EU’s slow reawakening ignite a second eurozone crisis?
On the panel: Julian Jessop, independent economist Mark Littlewood, IEA Director General (Chair) Matthew Lynn, financial journalist and author
Read Matthew's recent Telegraph article on the topic here: https://www.telegraph.co.uk/news/2021...
IEA Acting Academic and Research Director Syed Kamall discussed the future of UK competition policy with John Penrose MP and the IEA's Head of Regulatory Affairs Victoria Hewson.
The episode largely focused on John Penrose's recent independent review of the UK’s competition framework called Power to the People.
John and Victoria analyse the new challenges facing UK competition policy, including the UK's exit from the EU and new technology. They also look at ways the UK could improve regulation to retain UK businesses and debate whether the digital economy needs more or less regulation.
The Northern Ireland Protocol is a protocol of the Brexit Withdrawal Agreement that covers the special situation in the island of Ireland. Its terms were negotiated in 2019 and concluded in December 2020. The Protocol has been a thorn in the side of UK-EU relations ever since the UK left the transition period and entered a new trading relationship with the EU on 31st December 2020.
Trade disruption between Northern Ireland and Great Britain and threats of invoking Article 16 of the Protocol by the EU over Covid vaccine supplies have soured relations and brought the protocol under scrutiny on both sides of the channel.
Syed Kamall, Acting Academic and Research Director at the Institute of Economic Affairs, sits down with Victoria Hewson, IEA Head of Regulatory Affairs, and journalist Owen Polley to explain the Protocol and discuss its implications.
On the 3rd March the Chancellor delivered a much anticipated and important Spring Budget. Days before the Chancellors statement, Policy Advisor to the IEA Director General Sam Collins and IEA Policy Analyst Alexander Hammond produced a new research paper called 20 taxes to scrap: How to grow the UK economy by simplifying the tax system.
Unfortunately, the Chancellor failed to embrace Sam and Alex’s pro-growth policies and instead decided to spend and tax his way out of the economic crisis.
Emma Revell, Head of Public Affairs at the IEA, discussed the Budget and tax reform with Sam and Alex in another original IEA podcast.
Professor Len Shackleton, Editorial and Research Fellow at the Institute of Economic Affairs, discusses his new research paper, Back to School – and After, with Acting Academic and Research Director Syed Kamall.
In his paper, Professor Shackleton looks at some of the immediate issues facing pupils as the government begins to re-open schools, such as the disparities in the quality of education received by children from different socio-economic backgrounds during lockdown and whether teacher-based assessment is the most appropriate way to examine pupils if exams are postponed or cancelled.
The paper also addresses longer-term issues in our education system, which have been exposed by the Covid pandemic. In particular, focusing on how children from disadvantaged backgrounds lose out in our current system.
He argues that now is the time to change education for the better, learning from the pandemic by: adapting teaching practices, changing the structure of the school year and giving parents more power over their child's education.
In this episode, Dr Kristian Niemietz, Head of Political Economy at the IEA, discusses his explosive new paper Viral Myths: Why we risk learning the wrong lessons from the pandemic with Communications and Marketing Assistant Kieran Neild-Ali.
The paper dismantles three commonly held assumptions about the pandemic. Firstly, that austerity made the UK unprepared for the virus; secondly that the virus was a crisis of globalisation and finally that the NHS has been the star performer of the pandemic and is beyond reproach.
Instead, the evidence from Kristian’s paper suggests that nations with lower public spending, open global economies and healthcare systems that do not resemble the NHS did better than the UK in Covid performance indicators.
Following Twitter's decision to suspend Donald Trump from their platform, and the subsequent removal of "free speech" alternative Parler from the Google and Apple app stores, the debate over Big Tech and free speech has intensified.
Should private companies be free to censor users as they wish, or have the Silicon Valley tech giants abused their power? Would it be helpful to reconceptualise social media as a public utility? And how can we ensure free speech and open political discourse survives?
IEA Head of Media Emily Carver is joined by Sam Bowman, Director of Competition Policy at the International Centre for Law and Economics, Tom Slater, Deputy Editor of Spiked Online and Marc Glendening, the IEA’s new Head of Cultural Affairs.
Oxfam has released its annual analysis of world wealth inequality, this year framed within the context of Covid-19 and titled ‘The Inequality Virus’.
The charity claims that wealth inequality has grown over the past year with the rich getting richer and the poorer getting poorer. The report advocates for a series of mad-hat policies to address the economic inequality the charity found, among them raising taxes on ‘excess’ profits made by global corporations and implementing a ‘maximum wage’.
The IEA's Director General Mark Littlewood suggested that the report's recommendations demonstrated a fundamental misunderstanding of economics and poverty relief – and that there is nothing to be gained from fixating on the wealth of a handful of billionaires. And our Editorial and Research Fellow, Professor Len Shackleton, wrote a blistering attack on the report for CapX, in which he urged Oxfam to spare us the tired "student union posturing".
In this episode, IEA Director of Communications Annabel Denham quizzes Len on some of the report's more egregious claims, and asks why the charity has engaged in demonisation of the market economy.
In this first episode of the IEA's new series on foreign affairs, IEA Academic and Research Director Professor Syed Kamall speaks to IEA Head of Education Dr Stephen Davies. In this series, the IEA will look at current and historical foreign affairs from a classical liberal perspective.
This episode looks at the impact Joe Biden will have as he replaces Donald Trump in the White House.
With rumours that Chancellor Sunak is milling over a corporation tax hike and won't be extending the stamp duty cut, the IEA's Head of Media, Emily Carver sits down with Professor Philip Booth, Director of the Vinson Centre, to discuss an alternative.
Clash of the IEA Titans: Christopher Snowdon and Victoria Hewson discuss lockdown-sceptic scepticism and easing the restrictions in a lively debate hosted by our Head of Political Economy Dr Kristian Niemietz.
Christopher is Head of Lifestyle Economics at the IEA, and recently said in a piece for Quillette that he reluctantly supports a third lockdown, arguing that “The logic behind lockdowns is difficult to refute. If you reduce human interaction, you will reduce the virus’s ability to spread”. Christopher acknowledges that “The economy is battered beyond belief” but he “doesn’t think it is necessarily a bad idea to prevent tens of thousands of people dying this winter from a disease for which we now have multiple vaccines.”
In the opposite corner we have Victoria, IEA Head of Regulatory Affairs. Victoria has argued that Lockdown sceptics will be crucial in the fight to regain freedom. In an article for the Critic, Victoria suggests that many of the government’s measures have been enacted with “minimal parliamentary scrutiny” and have incurred an “incalculable cost to mental health and wellbeing, and to democratic norms and civil liberties”. Victoria’s view is that lockdown sceptics haven’t had a discernible impact on government policy or public compliance.
Read Christopher’s article here and Victoria’s here.
After a tumultuous 2020, what can we expect from 2021? With the UK plunged back into national lockdown, is there cause for optimism as we start the new year? What will be the biggest opportunities and challenges for economic liberals in the 2021? And who will be the big winners of 2021?
IEA Head of Media Emily Carver is joined by IEA Head of Lifestyle Economics Christopher Snowdon, IEA Head of Regulatory Affairs Victoria Hewson and Economics Fellow Julian Jessop to look ahead at the coming year.
How concerned should we be about the Covid debt mountain? To what degree can we rely on OBR forecasts? And are tax hikes inevitable as we emerge from this crisis?
IEA Director General Mark Littlewood speaks to IEA Senior Academic Fellow Professor Philip Booth and Economics Fellow Julian Jessop about the state of the public finances.
You can read Julian's latest IEA briefing paper 'A briefing on the public finances: How deep a hole are we in?' here.
It's the final Live with Littlewood of 2020 – we look back at the major events of this remarkable and unique year.
Host IEA Director General Mark Littlewood explores the highlights – and lowlights – of the last 12 months as he's joined by a galaxy of guests across our 3 hour bumper special.
The panel sort the grinches from the galacticos, the 12 days of Christmas from the months and years of interminable Brexit talks.
On the panel:
Kate Andrews, Economics Correspondent, The Spectator Patrick Basham, Founding Director, The Democracy Institute Alex Deane, Political Commentator Matthew Elliott, Senior Political Adviser to Shore Capital Mike Graham, Presenter, talkRADIO Madeline Grant, Parliamentary Sketchwriter, The Telegraph Tom Harwood, Senior Reporter, Guido Fawkes Professor Syed Kamall, Academic and Research Director, IEA Terry Kibbe, Co-Founder and CEO, Free the People Matt Kilcoyne, Deputy Director, Adam Smith Institute Brendan O'Neill, Editor, Spiked Dr Kristian Niemietz, Head of Political Economy, IEA James Price, Former Special Adviser Professor Len Shackleton, Editorial and Research Fellow, IEA Christopher Snowdon, Head of Lifestyle Economics, IEA Mahyar Tousi, Classical Liberal Commentator Tom Whipple, Science Editor, The Times