IEA Podcast

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. 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, 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.The Institute of Economic Affairs is an educational charity, it does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. 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, 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.The Institute of Economic Affairs is an educational charity, it does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. 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.The Institute of Economic Affairs is an educational charity, it does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. 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 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.The Institute of Economic Affairs is an educational charity, it does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. 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 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.The Institute of Economic Affairs is an educational charity, it does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. 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

The Institute of Economic Affairs hosted a Book Club event featuring author and Lecturer in Imperial History at the University of Exeter, Marc-William Palen, hosted by IEA Managing Editor Dan Freeman, to discuss his book "Pax Economica: Left-Wing Visions of a Free Trade World." In this fascinating conversation, Palen explores the often-overlooked history of left-wing free traders from the 1840s to the present day, challenging common narratives about the origins of free trade ideology. The discussion covers a wide range of topics, including the role of figures like Richard Cobden, Karl Marx, and Cordell Hull in shaping left-wing free trade thought. Palen examines how free trade was connected to anti-imperialism, peace movements, and workers' rights in leftist ideology. The conversation also touches on the evolution of socialist attitudes towards free trade and the impact of the Cold War on political alignments around trade policy. This thought-provoking event offers fresh perspectives on the history of economic thought and international relations. Palen and Freeman explore the complexities of how free trade has been viewed across the political spectrum, providing insights relevant to contemporary debates about globalisation, protectionism, and the future of international trade.The Institute of Economic Affairs is an educational charity, it does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. 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 Tom Clougherty and Matthew Lesh are joined by Daniel Freeman to discuss three timely and controversial topics. They begin by examining Nigel Farage's recent comments on Ukraine and NATO expansion, exploring the nuances of the situation and how it's perceived differently in the UK versus the US. The conversation then shifts to the potential implementation of road pricing in the UK, weighing its economic benefits against political challenges. Finally, the panel dives into a discussion on whether neoliberalism leads to populism, inspired by a recent Financial Times article. They examine the rise of populist movements across Europe and consider alternative explanations for this political trend. Throughout the episode, the hosts and guest offer insightful analysis and challenge conventional wisdom, providing listeners with a deeper understanding of these complex issues from a classical liberal perspective. 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. The Institute of Economic Affairs is an educational charity, it does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. 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

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.The Institute of Economic Affairs is an educational charity, it does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. 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

The Institute of Economic Affairs hosted a Book Club event featuring Michael F. Cannon, Director of Health Policy Studies at the Cato Institute, to discuss his book "Recovery: A Guide to Reforming the U.S. Health System." The event was moderated by Tom Clougherty, IEA Executive Director. Cannon provided an in-depth analysis of the U.S. healthcare system, challenging the common perception that it is a free market system. He argued that the U.S. has every form of socialised medicine found in other countries, from employer-sponsored insurance to government programs like Medicare and Medicaid. Cannon advocated for market-based reforms to drive down costs, improve quality, and increase access to healthcare. Key topics covered included the role of third-party payers in driving up healthcare spending, the innovations emerging in pockets of the market, and the need to empower consumers to control their healthcare dollars. Cannon also reflected on the life and legacy of David Boaz, the late Executive Vice President of the Cato Institute and a titan of the liberty movement. 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

On this episode of the IEA Podcast, host Matthew Lesh is joined by David Galbraith, a British architect, designer and internet entrepreneur to ask: Is Europe Being Left Behind? Galbraith argues that Europe's postwar economic model rewarding hard work but providing a massive welfare state is now unaffordable given demographic realities. He sees Europe struggling to adapt to the digital and post-industrial economy, lacking companies on the scale of U.S. tech giants like Google, Amazon and Apple. Cultural factors like greater risk aversion have held Europe back from the kind of technological breakthroughs seen in Silicon Valley. The conversation ranges from Europe's green energy policies and nuclear power to the latest AI developments like large language models. Galbraith sees AI and compute power as key to solving challenges like climate change. He calls for policies that create an environment for private sector innovation and risk-taking, warning against premature over-regulation that could leave Europe on the sidelines of the AI revolution. 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

"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. 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

On this episode of the IEA Podcast, host Matthew Lesh is joined by Professor Jonathan Portes of King's College London to discuss the hot button issue of immigration policy in the UK. As political parties announce restrictive immigration plans ahead of elections, the question is asked: Should immigration be capped? Professor Portes, an expert on labor markets and immigration, provides his analysis on the recent spike in immigration numbers and the factors driving it, including pent-up demand from the pandemic, refugee flows, and the new post-Brexit immigration system. He argues that fixating on numbers misses the point - the system should be designed to bring in workers that benefit the economy long-term. The wide-ranging discussion covers concerns around immigrant impacts on public services, housing, productivity and social cohesion. Portes pushes back on many of the common anti-immigration arguments, while acknowledging some of the trade-offs involved, especially around housing supply constraints. It's a nuanced dive into one of the most polarising issues in British politics. 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

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. 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 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. 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 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. 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

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. 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 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.Copy 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

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. 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

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. 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 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. 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 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. 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 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. 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 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. 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 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. 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 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. 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 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. 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

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. 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 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. 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 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 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

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. 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 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. 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

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. 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 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! 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 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. 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 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. 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

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. 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

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. 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 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. 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

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. 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

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. 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 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. 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

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. 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 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. 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 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. 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

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. 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

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. 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

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. 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

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. 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