IEA Podcast

Behavioural economics was hailed as the solution for anti-paternalistic lifestyle interventions that respect individual choice and lead to better outcomes. 

In this episode of of Markets & Morality, our guests argue that this is not the case. Professor Glen Whitman, author of ‘Escaping Paternalism’ discusses with Chris Snowdon how the nudge theory has failed, based on its own criteria for success, why it leads to traditional paternalism, and what alternatives could look like.

The guests discuss ideas around rational irrationality, new public policy measures like calorie counts on English restaurant menus and much more!  You can purchase 'Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy' by Glen Whitman here: https://www.amazon.co.uk/dp/B081HVWYG...

And 'Introduction: Symposium on Escaping Paternalism: Rationality, Behavioral Economics and Public Policy; by Mario J. Rizzo and Glen Whitman here: https://www.nowpublishers.com/article...

Joe Biden’s Democrats are battling a perfect storm of economic trials and foreign policy crises. How will this impact November's midterm elections - and the presidential election in 2024? And what should free marketeers make of it all?

 

IEA Director General Mark Littlewood speaks to Patrick Basham, director of the Washington-based Democracy Institute, about his recent polling, which shows almost two-thirds of Americans (62 per cent) believe Mr Biden will not be re-elected in 2024.

 

You can read more here: https://democracyinstitute.org/more-a...

How does self-interested action benefit the collective?  

This is a question still discussed today in the tribalism of left-right political debate. On the one side, there are those who believe the good of the collective must supersede the interest of the individual and the two cannot coexist. Slogans such as ‘for the many not the few’ and ‘for the common good’ exemplify this.   

An interesting question therefore arises from this crucial debate. Why do we care so much about the collective? 

Is it as simple as left vs right, Marxism Vs Capitalism? Or is there a deeper understanding to this issue? 

In this episode of the IEA Podcast, IEA Communications and Public Affairs Officer Kieran Neild-Ali sat down with Professor Daniel B Klein to discuss his article in the latest volume of the IEA’s academic journal, Economic Affairs, on Hayekian theory of collectivist policies.  

Daniel Klein is a Professor of Economics at George Mason University. He leads the Smithian Political Economy program at GMU Economics. He is the chief editor of Econ Journal Watch. 

Subscribe to the IEA academic journal here: https://iea.org.uk/publications/economic-affairs-42-1/

This speech was recorded 29 March 2022

Simon Clarke, Chief Secretary to the Treasury and MP for Middlesbrough South and East Cleveland, spoke at the Institute of Economic Affairs about a 'quiet revolution' within the Treasury pushing for more prudent spending of taxpayer money and fiscal control.

Simon asserts that it is vital that government facilitates the economic conditions necessary for innovation and guarantees that taxpayers' money is spent as wisely as possible.

 

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The cause of liberty has taken quite a hit in recent years. The Coronavirus pandemic ushered in far-reaching state intervention and we now see liberal principles under attack in Ukraine. With all this in mind, is there a case for optimism?

In this episode, Christopher Snowdon sits down with Johan Norberg, author and Senior Fellow at the Cato Institute to discuss the above question. They explore a variety of issues and debate whether optimism is warranted.

 

Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://www.patreon.com/iealondon

 

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Is English football broken? Should government try to fix it? And are any of the proposals in the Fan-Led Review of Football proportionate or necessary?

At this lively and fascinating debate, former Crystal Palace Chairman Simon Jordan and Member of Parliament Damian Collins join the IEA's Victoria Hewson and Professor Len Shackleton to discuss the Crouch Review, the risks, and whether it's time English Football was overseen by an "independent regulator". 

Simon is a serial entrepreneur, who had run a vast array of successful business across several industries. In 2000 he purchased Crystal Palace Football Club and remained chairman of the club for over a decade. He is currently a TalkSPORT co-presenter. Damian is Member of Parliament for Folkstone and Hythe, and was formerly Chair of the Culture, Media and Sport Select Committee. 

Victoria Hewson is Head of Regulatory Affairs at the IEA. Len Shackleton is an IEA Fellow and Professor of Economics at the University of Buckingham. They are co-authors of the new report, Red Card, a copy of which can be found here: https://iea.org.uk/publications/red-c...

This episode was live streamed on our YouTube Channel on 23 March 2022 at 18:00.

ON THE PANEL:Greg Smith, Member of Parliament for BuckinghamVicky Pryce, EconomistChristopher Snowdon, Head of Lifestyle Economics, IEADuncan Simpson, Research Director, TaxPayers' Alliance

WE'LL BE DISCUSSING:High time: Will the Tories ever slash taxes?Hey, big spenders: Is state largesse now a permanent feature?False sense of "security": Why won't government go for growth? 

 

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In this episode of the IEA Podcast, IEA Communications and Public Affairs Officer Kieran Neild-Ali sat down with Professor Patrick Schotanus to discuss his article in the latest volume of Economic Affairs, the IEA's academic journal, on cognitive economics. 

Patrick is a visiting professor at the Edinburgh Business School and Heads the research program in cognitive economics, which partners cognitive science with economics. 

 

Read Economic Affairs here: https://iea.org.uk/publications/economic-affairs-42-1/

 

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In this latest episode of Markets and Morality, Adam Bartha, host and Director of EPICENTER chairs a debate on whether we should increase defence spending after Russia's invasion of Ukraine.

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In this episode of The Swift Half, IEA Head of Lifestyle Economics Christopher Snowdon sits down with comedian and author, Geoff Norcott. They discuss all manner of topics from diversity quotas to Ukraine, from Boris Johnson to education, and, of course, comedy.

Support the IEA on Patreon, where we give you the opportunity to directly help us continue producing stimulating and educational online content, whilst subscribing to exclusive IEA perks, benefits and priority access to our content https://www.patreon.com/iealondon

 

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