

IEA Podcast
Institute of Economic Affairs
The Institute of Economic Affairs podcast examines some of the pressing issues of our time. Featuring some of the top minds in Westminster and beyond, the IEA podcast brings you weekly commentary, analysis, and debates. insider.iea.org.uk
Episodes
Mentioned books

Aug 23, 2024 • 45min
Is Liberty Dying in Britain?: IEA's Legacy and the Fight for Liberty
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.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

Aug 16, 2024 • 42min
The Battle for Truth: Social Media, Riots, and Freedom of Expression
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.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

Aug 9, 2024 • 36min
Riots, Rates, and Market Fears: Are UK Riots a Wake-Up Call? | 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

Aug 2, 2024 • 35min
£20 Billion Black Hole, Junior Doctor's Pay & Minimum Wage | IEA Podcast
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

Jul 26, 2024 • 50min
Political Earthquake: How Realignment is Reshaping UK and US Politics | IEA Podcast
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

Jul 25, 2024 • 1h 35min
Tory Collapse, Freedom, Nationalism & Future Direction | Future of the Right Panel
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

Jul 19, 2024 • 39min
Planning Revolution, Energy Shakeup, Railway Takeover: Unpacking the King's Speech | IEA Podcast
Andy Mayer and Harrison Griffiths discuss the UK's planning reforms, energy policies, and railway renationalization. They analyze the impact on economic growth, net-zero goals, and energy security. The podcast delves into government interventions, Great British Energy, and the challenges of transitioning to a decarbonized economy. The experts debate the merits of railway nationalization, driverless technology, and optimizing transportation efficiency.

Jul 12, 2024 • 44min
Labour's Shocking Plan to Revolutionise UK Housing Crisis | IEA Podcast
Sam Dumitriu, Head of Policy at Britain Remade, discusses Labour's plans for housing reform, including tackling NIMBYism, streamlining infrastructure projects, and the proposed National Wealth Fund. The conversation delves into the challenges of the planning process and the potential for private sector involvement in infrastructure projects. A comprehensive analysis of the UK's housing and infrastructure challenges.

Jul 5, 2024 • 37min
UK Election: What's Next for British Politics? | IEA Podcast
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

Jul 3, 2024 • 1h 3min
Why Socialists Once Championed Free Trade | IEA Book Club
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


