
New Economics Podcast
Award-winning podcast about the economic forces shaping our world, with Ayeisha Thomas-Smith and guests. Brought to you by the New Economics Foundation – the independent think tank and charity campaigning for a fairer, sustainable economy.
Latest episodes

May 15, 2020 • 35min
The future of social care after Coronavirus
10,000 care home residents have died from Covid-19, more than a third of all Covid-19 deaths. On Wednesday it was reported that the death toll is likely to be double the official figure. The death rate amongst social care staff is double that of the general working age population. So the big question is; what’s gone wrong with social care?
On this episode Ayeisha is joined by Sarah Bedford, head of social policy at NEF, to talk about coronavirus and social care.
References in this epsiode:
We care workers face a terrible decision: risk people's lives or go without pay. Guardian Opinion, 08/05/20 https://bit.ly/2Lu6HbE
Time to Care: A Unison report into homecare. 2012 https://bit.ly/2z217L3
If you’re desperate for more, we’ll be following up this discussion in an online briefing over Zoom on Thursday 21 May. We’ll be talking to Sarah again, as well as Unison Organiser Conor McGurran, Emeritus Professor of Economics at The Open University Sue Himmelweit and Founder of Equal Care Co-op Emma Back. Register for your place here: https://bit.ly/3bBnEvE
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Researched by Margaret Welsh. Produced by Becky Malone.
Music by Poddington Bear, used under Creative Commons licence.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org

May 8, 2020 • 33min
How to organise under lockdown
Between the lack of PPE for key workers, growing numbers forced onto universal credit, and worries about worker safety both now and after lockdown, there’s plenty to be angry about.
So has Covid-19 led to a new wave of organising? What does organising look like under lockdown? How does the boom in mutual aid networks fit into this? And will the demands made during the pandemic lead to lasting change after it’s over?
On this episode Ayeisha looks at what lockdown and the pandemic mean for organising with NEF Senior Organiser Becki Winson.
If you’re hungry for more, we’ll be following up this discussion in an online briefing over Zoom on Thursday 14 May. We’ll be talking to Becki again, as well as organisers Sarah Jaffe, Vik Chechi-Ribeiro and Minda Burgos-Lukes. Register for your place here https://bit.ly/3djB1Sq
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Researched by Margaret Welsh. Produced by Becky Malone.
Music by Candlegravity, used under Creative Commons licence.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org

May 1, 2020 • 25min
Coronavirus and the legacy of austerity
In the last few months we’ve seen the government promise billions in support for people and businesses impacted by coronavirus. Supporters of austerity claim the last decade of cuts is what enabled the government to put money into these schemes now. But is this true?
Some of our public services were barely able to cope, even before the virus struck. And so what effect did austerity have on our pandemic preparedness? And now that we’re entering another recession, will the government turn to austerity once again?
On this episode Ayeisha looks at Covid-19, austerity, and how we can respond to this crisis differently with NEF senior economist, Frank van Lerven.
If you’re craving more chat about this, we’ll be following up this discussion in an online briefing over Zoom on Thursday 7 May. We’ll be talking to Frank again, as well economists Eric Lonergan & Johnna Montgomerie. Register for your place here https://bit.ly/2xt0qK8
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Researched by Margaret Welsh. Produced by Becky Malone.
Music by A. A. Aalto and Poddington Bear, used under Creative Commons licence.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org

Apr 24, 2020 • 27min
Childcare under lockdown
The lockdown period has been extended for at least another three weeks. Schools and nurseries remain closed, except to a few children. Many parents are at home trying to balance work with looking after their kids. But some are still being asked to pay for childcare they aren’t using. And some childcare staff are still having to go into work, often for very low pay.
What’s gone wrong with childcare? How are key workers and childcare staff managing? And are parents being asked to bail out a broken childcare system?
On this episode of the Weekly Economics Podcast, Ayeisha looks at what Covid-19 and lockdown means for childcare with Lucie Stephens.
If you’re hungry for more, we’ll be following up this discussion in an online briefing over Zoom on Thursday 30 April. We’ll be talking to Lucie, as well as Christine Berry and Zoe Raven, Chief Executive of Acorn Early Years Foundation. Register for your place here https://bit.ly/3eN1KYW
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Researched by Margaret Welsh. Produced by Becky Malone.
Music by The Polish Ambassador and Poddington Bear, used under Creative Commons licence.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org

Apr 17, 2020 • 26min
Renters, homelessness and coronavirus
During lockdown, the message everywhere is to stay home. But what should you do, when you don’t have a secure place to live? At the end of last month, the government gave councils 48 hours to house all rough sleepers in their areas. There was also a temporary ban on evictions put in place and a call for landlords to be ‘compassionate’ in their dealings with their tenants.
But has the government gone far enough? What else could they do to make sure no one loses their home during the pandemic? And can we really end rough sleeping just like that? To discuss this week, Ayeisha is joined by Joe Beswick, Head of Housing at NEF.
If you’re hungry for more on this topic, we’ll be following up this discussion in an online briefing over Zoom on Thursday 23rd April. We’ll be talking to NEF senior research Hanna Wheatley and other experts to be announced. Register for your place on the briefing here https://bit.ly/3ak0g50
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Researched by Margaret Welsh. Produced by Becky Malone.
Music by Blue Dot Sessions and Poddington Bear, used under Creative Commons licence.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org

Apr 10, 2020 • 27min
Fixing the Social Safety Net
As nationwide lockdown continues and parts of the economy grind to a halt, the chancellor has announced a package of measures to support people struggling with the economic fallout of coronavirus. But is it enough? Or have 10 years of cuts broken our social security system beyond repair?
The Weekly Economics Podcast is back, to dive into the economics of the Covid-19 crisis. This week Ayeisha is joined by Sarah Arnold, NEF’s senior economist.
If you’re hungry for more on this topic, we’ll be following up this discussion in an online briefing over Zoom on Thursday 16th April . We’ll be talking to Sarah again and also Caroline Molloy, editor at openDemocracy. Register to join the briefing here https://bit.ly/3eacvV9
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Researched by Margaret Welsh. Produced by Becky Malone.
Music by Poddington Bear, used under Creative Commons licence.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org

Mar 17, 2020 • 29min
The Budget, climate and coronavirus
Last week, the big red briefcase was handed over to new Chancellor, Rishi Sunak. But many of Sunak’s Budget promises were overshadowed by new measures to deal with the coronavirus. With the stock market hitting a four-year low, the outbreak is pushing us towards recession.
So what do we know about the government’s economic plans? Are they doing enough to avoid a recession? And in focusing on coronavirus, what other crises are they ignoring?
In this special episode, recorded shortly after the Budget, Ayeisha Thomas-Smith is joined by Alfie Stirling, NEF’s Head of Economics, and Carys Roberts, Executive Director of IPPR.
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Researched by Margaret Welsh. Produced by Becky Malone.
Music by Chad Crouch, used under Creative Commons licence.
Enjoying the show? Tweet us your comments and questions @NEF!
The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org

Dec 2, 2019 • 55min
Election 2019
The election is just around the corner and the outcome will determine the future of the country, and the shape of the economy.
So what are the parties planning to do if they win power? How radical are their policies? And what are the differences in their economic agenda?
For our last episode of 2019 Ayeisha is joined by Anoosh Chakelian, Britain Editor of the New Statesman and co-host of the excellent New Statesman podcast, and Miatta Fahnbulleh, chief executive of the New Economics Foundation.
Enjoying the show? Tweet us your comments and questions @NEF!
The award-winning Weekly Economics Podcast is brought to you by the New Economics Foundation – the UK's only people powered think tank. Find out more at www.neweconomics.org

Nov 25, 2019 • 34min
How to fix the childcare system
The childcare system in England is broken. Our nurseries are among the most expensive in the world, but our childcare professionals are some of the lowest paid workers in society. For a long time, government policy on childcare has been badly thought out and severely underfunded. More recently, big international chains have moved into the sector.
So, what should be done? How would we fix the childcare system? And what would it mean for families, and for the country, if we finally got it right? This week Ayeisha is joined by Helen Penn, Visiting Professor at the UCL Institute of Education, Amy Martin, Creative Director of Impact Hub Birmingham, and Lucie Stephens, Head of Co-production at NEF.
ALSO: Last chance to register to vote!
Register by 11.59pm on Tuesday 26 November:
https://www.gov.uk/register-to-vote
Register if you haven’t got a fixed or permanent address:
https://www.gov.uk/government/publications/register-to-vote-if-you-havent-got-a-fixed-or-permanent-address

Nov 20, 2019 • 39min
Universal Basic Services
Exploring the concept of Universal Basic Services for essential public services like transport, childcare, and social care. Discussing the historical evolution and importance of investing in UBS for equality and sustainability. Contrasting political parties' approaches to public spending and education models. Learning from successful international models in countries like Norway, France, and Denmark. Debating between Universal Basic Income and Universal Basic Services for societal solutions. Emphasizing the importance of high-quality public services universally through 'The Case for Universal Basic Services' publication.
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