It’s hard to listen to the news at the moment without hearing some kind of warning about economy. Nearly all of those warnings focus on one thing – Brexit. It’s true that lots of people think Brexit is risky – but in the clamour to define what Brexit means, could we be blindsided by something else?

Obviously it’s difficult to predict exactly how and when another shock to the economy might happen. But is there more we could be doing to get the economy ready for whatever might be around the corner?

Guest host Hanna Wheatley is joined by NEF's Head of Economics Alfie Stirling and Senior Economist Sarah Arnold.

Enjoying the show? Tweet us your comments and questions @NEF!

Produced by James Shield.

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

How to shockproof the economy

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.

News

Three years’ ago, the Conservative Party celebrated their best local elections performance since 2008. But after last week’s local elections in England and Wales, the Telegraph called the results a “dire day” for the Conservatives.

Now that the dust has settled, we’re taking a closer look. Local elections aren’t just about Count Binface and potholes. With the next general election creeping ever closer, journalists and political wonks were watching these elections like hawks. 

So who were the big winners and losers? Has the rise of metro mayors increased democracy in England? And what does this all mean for the next general election?

Hannah Peaker is joined by  joined by Dr Abi O’Connor, senior researcher at the New Economics Foundation and Jack Shaw, fellow at the Bennet Institute for Public Policy.

-------
Music: Thoughtful by Lee Rosevere, Free Music Archive: https://freemusicarchive.org/music/lee-rosevere/music-for-podcasts-playful/more-questions-than-answers/, used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/.

Produced by Katrina Gaffney, Margaret Welsh and James Rush

The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future

New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

What do the local elections mean for the UK

Almost three million people in the UK are unemployed and unable to work because they are ill or disabled. According to the right-wing media, these people aren’t nearly as unwell as they claim. Meanwhile a UN committee warned that disabled people in the UK are subjected to a “traumatising” benefits system. 

We have a social security system that’s been stripped to the bone and millions of people are struggling to afford the essentials as a result, yet both of the main political parties are desperate to be seen as “tough on benefits”.

So what’s gone wrong with our social security system? Why are politicians so intent on alienating those who rely on it? And how can we build a system that gives everyone the support they need?

Ayeisha Thomas-Smith is joined by Kaliya Franklin, freelance disability policy expert and campaigner, and Mikey Erhardt, campaigner at Disability Rights UK.
-------
Music: Thoughtful by Lee Rosevere, Free Music Archive: https://freemusicarchive.org/music/lee-rosevere/music-for-podcasts-serious/thoughtful-2/, used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/.

Produced by Katrina Gaffney, Margaret Welsh and James Rush

The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future

New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

Why is the benefits system failing disabled people

Britain’s favourite broadcaster David Attenborough once said: “Anyone who thinks you can have infinite growth in a finite environment is either a madman - or an economist.”

But our political leaders don’t seem to agree. Both our major political parties have made growing the economy a key metric for their success in government.

So what is economic growth? How did it become so central to our understanding of the economy? And should we really be striving for infinite growth on a finite planet?﻿

Ayeisha Thomas Smith is joined by Kate Raworth, economist and author of Doughnut Economics,﻿ and Michael Jacobs, professor of political economy at the University of Sheffield.

-------

Music: Under Suspicion by Lee Rosevere, Free Music Archive: https://freemusicarchive.org/music/lee-rosevere/music-for-podcasts-serious/under-suspicion/, used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/.

Produced by Katrina Gaffney, Margaret Welsh and James Rush

The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future

New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

Should we be going for growth?

We’re waiting longer than ever for hospital appointments, our kids’ schools are literally crumbling, and homelessness has sky-rocketed in the past year. This week’s spring budget was a vital chance for chancellor Jeremy Hunt to respond to the huge problems our country is facing.

But instead of trying to fix any of our problems, the chancellor announced a cut to national insurance that will benefit the richest households twelve times more than the poorest.

So what do Jeremy Hunt’s announcements mean for people across the UK? Why are the opposition talking about maxed out credit cards? And what needs to happen to save our public services and boost living standards for all?

Ayeisha Thomas Smith is joined by Hannah Peaker, director of policy at the New Economics Foundation, and Lydia Prieg, head of economics at the New Economics Foundation

-----

Music by Podington Bear, used under Creative Commons licence: creativecommons.org/licenses/by-nc/3.0/.

Produced by Katrina Gaffney, Margaret Welsh and James Rush

The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future

New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

Spring budget reaction

Worried about your carbon emissions? Don’t stress! You can pump out as much as you want - as long as you buy some offsets to balance it out. Scared of the collapse of wildlife? No problem! We can figure out how much money our ecosystems are worth, and let the market do the rest!

Welcome to the logic of green capitalism. Fossil fuel giants claim to celebrate sustainability while pumping out toxic emissions. Governments are relying on carbon offsets to make their climate promises add up. And we’re told that we can fight the climate crisis with the magic of economic markets.

Why have corporations got so interested in sustainability? Will carbon offsets save us - or are they just a cute accounting trick? And if wind and solar energy are so cheap, why haven’t we embraced them?

﻿﻿Ayeisha Thomas-Smith is joined by ﻿Adrienne Buller, author of The Value of a Whale: On the illusions of green capitalism, and Brett Christophers, ﻿author of The Price is Wrong: Why capitalism won’t save the planet.

-------

Music by Serge Quadrado, used under Creative Commons licence: https://creativecommons.org/licenses/by-nc/4.0/.

Produced by Katrina Gaffney, Margaret Welsh and James Rush

The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future

New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

How to shockproof the economy

Download our free app to listen on your phone