IEA Conversations

How compatible is democracy with free market progress?

February 14, 2019

Brexit has revitalized debates about democracy. Restoring democracy and sovereignty can come risk for those strongly committed to free markets — that our fellow citizens might choose another path, perhaps even one that could lead to socialist and freedom-hindering policies.

But is that a risk we must take? In a free society, what individual rights should never be infringed on? What should be voted on? And is there a place for technocratic decision-making?

In a new paper, the Director of the IEA’s FREER initiative, Rebecca Lowe, argues that one clear answer to ‘improving’ democracy here in the UK would be to institute a proper focus on local decision-making — something that, she says, has been overlooked in past years.

Rebecca joins the IEA's Darren Grimes to discuss, alongside Adam Bartha, the Director of EPICENTER, the European Policy Information Center.

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