Distracting from Poverty Relief: The Oxfam report debunked

January 22, 2018

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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Winter is Coming: NHS crisis talks

January 18, 2018
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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Here’s How We Solve Britain’s Housing Crisis

January 12, 2018

In our first podcast of 2018, we look at one of the most critical areas in public policy - housing.

The Institute of Economic Affairs’s Kristian Niemietz and former Head of Research at the Adam Smith Institute Ben Southwood discuss the housing shortage, its supply-side nature and the politics which underpin it.

Interviewed by the IEA's Kate Andrews, the pair examine the historical origins of the housing crisis, which date back to legislation introduced under Clement Attlee’s government in the 1940s.

They also look at the well-organised NIMBY movement (short for “Not In My Back Yard”), and its influence on government policy.

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Brexit Update: Divorce Bill, Irish border, and more

December 28, 2017

After months of talks, EU and UK negotiators have finally reached an agreement on Phase 1 of the Brexit talks, to begin trade talks in the New Year. But just how binding is all of this?

IEA Chief Economist and Head of the Brexit Unit Julian Jessop, and Digital Officer Madeline Grant discuss the outstanding issues, and the extent to which issues covered in Phase 1 - like the Ireland Border, Divorce Bill and EU citizens rights, have been resolved. They also look ahead, examining the key priorities for Phase 2 and trade talks. 

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2017: A Year in Review

December 22, 2017

What do Momentum and Moggmentum have in common? Find out in our round-up of 2017, featuring the IEA's Director General Mark Littlewood and Communications Director Stephanie Lis. 

Interviewed by the IEA's News Editor Kate Andrews, the three discuss the state of the Brexit negotiations, the problems in Parliament, Donald Trump's America, and predictions for 2018.

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Is Sterling Devaluation the Path to Prosperity?

December 15, 2017

On December 5th, the Institute of Economic Affairs hosted a debate at our offices, asking if economist and author John Mills had the solutions to the UK’s economic problems.

At the heart of John’s plan is a proposal to lift the share of manufacturing and investment by engineering a substantial fall in the exchange rate.

On the other side of the debate was the IEA’s chief economist Julian Jessop, arguing that deregulation and lower tax rates were the best way to stimulate economic growth.

Both John and Julian join IEA news editor Kate Andrews for today’s podcast, as they go over the main points made during the debate, and go into further detail in areas of disagreement and consensus.

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What Is The Best Way To Measure Poverty in Britain?

December 13, 2017

What is the best way to measure poverty?

Intuitively, this question might not seem necessary - surely, we know poverty when we see it.

But while we can probably agree that the inhabitants of Victorian slums were in poverty, in many cases today things aren't so clear cut.

Our Chief Economist Julian Jessop examines this question in light of recent research from the Joseph Rowntree Foundation, warning of rises in child and pensioner poverty.

Interviewed by Digital Officer Madeline Grant, the pair go through some of the available metrics for determining poverty from absolute measures and cut off points to 'relative' ones, which compare individuals' standard of living with those in the societies they live in.

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The Myth of Scandinavian Socialism

November 30, 2017

Left-wing movements in Britain, and further afield, are increasingly citing the Scandinavian or Nordic economic model as a desirable alternative to capitalism.

But is Scandinavian socialism really all its cracked up to be?

Today, Dr Steve Davies and Kate Andrews of the IEA put the Nordic model under the spotlight - and examine to what extent these countries are indeed socialist, or even ‘left wing’.

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The World Economy: Why people still feel nervous…

November 24, 2017

Despite showing good signs of health for the first time in a long time, people continue to feel anxious about the state of the world's economy.

Interviewed by the IEA's Kate Andrews, Head of Education Dr Steve Davies explains what he believes to be the two-folded reason for this: First, the insecurity of China's banking system, which has produced unsustainable bubbles that are bound to burst at some point. Second, the state of the world's money system, including the extended use of quantitative easing and low interest rates, which have also created their own set of bubbles, particularly in real estate.

Steve argues that this can't go on forever, and if another recession hits, both central banks and governments are in a weak position to deal with lackluster economies.

Steve thinks there may be an opportunity to sort out debts, and to create an era of more geo-political stability.

But this may take getting through a recession, which would take a combination of luck and good policy making.

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Will Planes Fly After Brexit?

November 16, 2017
What impact will Brexit have on British aviation and our ability to travel? 
 
That's a question that's been on many peoples' lips recently, following warnings from the boss of Ryanair and other key industry figures, that flights between the UK and the EU could be grounded for months unless replacements for EU airline agreements are struck before Britain leaves the bloc.
 
Today the IEA's Chief Economist and head of the Brexit Unit Julian Jessop will weigh up the evidence, along with Digital Officer Madeline Grant, and decide whether these warnings stack up to reality. 
 
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