Economist Podcasts Judgment day: Jimmy Lai convicted
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Dec 15, 2025 
Journalist Alice Su discusses the recent conviction of Hong Kong media mogul Jimmy Lai, highlighting the chilling effects of national security laws on civil liberties. Joel Budd analyzes how Labour government's policies are straining London's finances, warning of higher taxes and reduced services. He questions London’s perception as privileged and the impact of immigration on its economy. Alex Hearn provides insights into hangovers, explaining their physiological causes and debunking common cures, emphasizing that hydration and time are key.
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Lai's Conviction Marks Civic Erosion
- Jimmy Lai was Hong Kong's most prominent pro-democracy media figure convicted under the national security law.
- His conviction signals a deep erosion of civil liberties and a chilling effect on dissent in Hong Kong.
National Security Law Redefined Crimes
- The 2020 national security law created ambiguous crimes like subversion and collusion with foreign forces.
- Trials under these laws can skip juries and use a special pool of judges, increasing conviction likelihood.
Lai Chose To Stay And Speak Out
- Alice Su recounts that many outspoken Hong Kong figures either fled or went to prison after the law.
- She notes Lai chose to stay despite being a British citizen, saying he wanted to "live meaningfully."