IEA Podcast

By Institute of Economic AffairsNews Education

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IEA Podcast episodes

March 16, 2018 The Breakdown of UK Politics
UK politics is experiencing a realignment - with the old divides of left and right gradually giving way to new fault lines, based on social values, attitudes to immigration and a sense of national identity.
That’s the view of Dr Steve Davies, who believes that the political parties of Britain are, increasingly, at odds with the electorate and their own core voters. This situation, he argues, has been exposed and exacerbated by the results of the EU referendum in 2016. A realignment in British politics is now inevitable.
Today, the IEA's News Editor sat down with Steve to discuss his theory, what it means for UK politics, and how the two major parties will navigate these momentous changes over the next few years.
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22 min
March 09, 2018 Shanker Singham: The Politics of Trade
In the latest instalment of our podcast series, Live From Lord North Street, News Editor Kate Andrews discusses trade arrangements and customs unions post-Brexit with Shanker Singham, who is joining the IEA as the director of our new International Trade and Competition unit.
The pair examine Theresa May’s recent speech - one of six in a series dubbed the ‘Road to Brexit’ - in which the PM set out five key tests with which to judge an eventual deal with the EU.
They also examine the future of regulation outside of the European Union, and potential alternatives to full regulatory alignment.
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20 min
March 01, 2018 Carillion and the Future of Outsourcing
The collapse and liquidation of the building firm Carillion - a company responsible for numerous government projects - has ignited a row over Britain's system of outsourcing public servicesMany are now calling for such procurement contracts to be taken back into state hands. Kate Andrews, News Editor at the Institute of Economic Affairs, and Head of Education Dr Steve Davies, sat down to discuss the question of outsourcing, and whether public services are best delivered 'in-house' by government, or through the private sector . They also examine the controversial Private Finance Initiative, or PFI contracts, and touch on ways the government could reform its outsourcing structures for better outcomes. If you like what you hear, subscribe to our iTunes Channel, IEA Conversations.
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16 min
February 22, 2018 Deconstructing Industrial Strategy
Hastened by sluggish productivity growth, the once unfashionable idea of a centrally planned Industrial Strategy is back on the political agenda in Britain.
But will it have the desired effect?
Joining us today is the IEA’s Head of Transport Dr Richard Wellings, along with Head of Tech Policy Diego Zuluaga.
The pair take a look at how industrial strategies have historically fared around the world, and examine the extent to which we can rely on the free market to deliver the infrastructure we need - and where government should fit into all this.
They also address HS2 - one of the most controversial investment projects of recent years.
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21 min
February 15, 2018 Occupational hazard - how UK licensing laws harm employment
Britain takes a uniquely restrictive approach to occupational licensing.
Around one in five UK employees requires a licence from government to practice their chosen occupation - a proportion which has doubled in the last fifteen years.
Len Shackleton, IEA editorial fellow and author of a recent report into occupational licensing sat down with us this week to discuss the current situation.
He examines whether the government’s approach is necessary or desirable - particularly in a world of technological change, with algorithms, robotics and artificial intelligence increasingly able to perform some of the functions of the established professions.
He also takes a look at the wider state of employment and education in the UK, and assesses how Britain’s approach compares with other countries around the world.
Download Len's report 'Conspiracy Against the Public', for free here: https://iea.org.uk/publications/conspiracy-against-the-public-occupational-regulation-in-the-uk-economy/
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19 min
February 07, 2018 Should Britain stay in the Customs Union?
The question of whether Britain should stay in the EU’s customs union has dominated the news cycle recently - with the CBI and other high profile voices suggesting that remaining in the Customs Union would be consistent with Britain’s vote to Leave the EU.
But would this be a political possibility? And would it be wise?We're joined by Julian Jessop, the IEA’s Chief Economist and Head of the Brexit Unit, to give us update on these developments.
Julian explains what the Customs Union is, how it differs from the Single Market, and explores some of the pros and cons of staying in it. Finally, he looks at some of the alternative possibilities to our current arrangement.
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16 min
February 01, 2018 The Case for Ticket Resale
The resale of tickets has been around for as long as humans have charged entry to events. Evidence of ticket 'touting' goes all the way back to Ancient Rome.
In the 21st century though, it's becoming an increasingly controversial practice.
Companies like Viagogo, Seatwave and Stubhub now offer tickets to otherwise hard-to-reach events - but, often, at a hefty price.
Today on our podcast, IEA News Editor Kate Andrews interviews Dr Steve Davies, the IEA's Head of Education and author of new report Digital Resellers: The case for Secondary Ticket Markets.
Steve believes that ticket resale is simply one aspect of the 'Sharing Economy' which enables voluntary transactions to take place between willing buyers and sellers. Those who aim to resell tickets for a profit, Steve argues, are themselves taking on considerable risk.
We examine the economics, and the morality, of ticket resale, and take a look at the way artists like Ed Sheeran, Taylor Swift and Madonna use market mechanisms to sell their products.
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20 min
January 25, 2018 FAKE NEWS: Dealing with misinformation in the age of Tech Giants and new media
"Fake news" - a favourite term of Donald Trump - was voted 2017's 'word of the year'.

Indeed, the spread of fake news has been cited as a serious threat to democracy, free debate and the Western order - with many believing it’s made further regulation of social media inevitable.

And yet, in a world where social media has allowed anyone to create and disseminate information, there is still little agreement on what it is, how much of a problem it is, and what to do about it.

Today the IEA’s Chief Economist Julian Jessop and News Editor Kate Andrews discuss the new media landscape - which has shifted dramatically in recent years with the growth of hugely influential tech companies like Apple and Google.

The pair discuss, what, if anything, governments and Tech Giants should do to address the spread of fake news, and what the future regulatory landscape will look like.

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17 min
January 22, 2018 Distracting from Poverty Relief: The Oxfam report debunked
On today's podcast, IEA Research Director Dr Jamie Whyte lambasts Oxfam's latest report on global inequality, arguing that the poverty-relief charity is attacking the economic system that has lead to the greatest fall in absolute poverty the world has ever seen.
Interviewed by the IEA's Kate Andrews, Jamie expands on the criticisms and analysis that he laid out in The Times today.
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22 min
January 18, 2018 Winter is Coming: NHS crisis talks
This week on our podcast, the IEA's Head of Health and Welfare Dr Kristian Niemietz discusses the UK's national treasure- also known as the National Health Service.

In the wake of yet another winter crisis, Kristian explains how other countries manage to avoid system shutdowns every year, mainly through the use of market mechanisms that lead to better efficiencies, and in turn, better patient outcomes.

Interviewed by the IEA's News Editor Kate Andrews, Kristian also addresses the issue of funding, noting that more cash can lead to a more generous healthcare system, but it is not obvious that it would help to solve the bread-and-butter issues facing the NHS, like A&E waiting times and cancer survival rates.

Kristian lays out his ideal healthcare system, which he thinks could be a legitimate contender for 'envy of the world'.

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17 min

About IEA Podcast

From the publisher's feed

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,…