Paradise Papers: The Benefits of Tax Havens

November 11, 2017

A recent mass leak of financial documents, branded the Paradise Papers, has caused many people to call for the Govenmernt to take decisive action against tax avoidance.

We’re joined by the IEA's Research Director Dr Jamie Whyte, and Head of Financial Services Diego Zuluaga, to discuss the role of tax havens and the legal and ethical questions around tax avoidance.

Interviewed by the IEA's News Editor Kate Andrews, the pair discuss the fallout from the Paradise Papers, and whether it’s moral to minimize one’s tax burden using off-shore accounts and other structures.

Finally, Diego and Jamie explore the role that off-shore funds will play in an increasingly globalised world.

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The Equal Pay Day Myth

November 10, 2017

November 10th is Equal Pay Day - the day when women supposedly start “working for free”, for the rest of the year.

The IEA’s Kate Andrews and Nerissa Chesterfield examine Equal Pay Day and see if it holds up to scrutiny.

Interviewed by the IEA's Digital Officer Madeline Grant, the three also look at the broader issue of the gender pay gap - what the true figure is, and why it is that women appear to be getting paid, on average, less than men.

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The Latest from Brussels: the ‘Divorce Bill’ and more

November 7, 2017
Today you'll hear an update from our Brexit Unit, led by Chief Economist Julian Jessop. 
 
Julian and Digital Officer Madeline Grant give the latest updates from the negotiations currently underway in Brussels, and discuss what sum - if any - Britain will be likely to pay in a so-called "Brexit Bill". 
 
Julian goes through some of the sums and demands currently in play, and examines what Britain may be owed, in terms of EU assets. 
 
The pair also discuss the repercussions of the Prime Minister's recent speech in Florence - both in terms of the Brexit Bill, and for the wider likelihood of reaching a trade deal before 2019. 
 
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100 Years On From The Russian Revolution - What Have We Learned?

November 2, 2017
This week marks the centenary of the October Revolution, which transformed Russia and reshaped the course of history.

100 years on, the IEA’s Kristian Niemietz and Madeline Grant discuss what lessons, if any, we've learnt from socialism’s history of around the world; from the Soviet Union, to Cuba, to Venezuela.

Kristian also traces the complicated relationship left-wing Western intellectuals have had with socialist regimes - and examines whether the right has also been, historically, guilty of similar revisionism.

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The Long View of Brexit: What happens 10 years down the road?

October 26, 2017

In the latest instalment in our podcast series, Live From Lord North Street, Dr Steve Davies, Head of Education at the IEA and News Editor Kate Andrews, sit down to give a long-term analysis of Brexit.

Steve makes the case that we are currently looking at Britain’s departure in a rather narrow way, focusing largely (and understandably) on immediate issues like the negotiating process, the impact of Brexit on the financial sector, and so on.

In the medium and longer term, however, Steve concludes that the economic impact of Brexit, in itself, is likely to have a much less substantial effect on growth than many would believe. These outcomes are far more likely to be determined by UK domestic policy.

Questions about Britain’s post-EU future should, therefore, factor in much wider, philosophical points about what kind of nation we will be in the future, Steve concludes, such as whether or not we use Brexit to embrace global free trade and competition.

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How You’ll Live to Be 700 Years Old

October 18, 2017

From the Fountain of Youth, to the Holy Grail, to JK Rowling's Philosopher's Stone, the idea of immortality has been ingrained in humanity’s creative consciousness for thousands of years. But in the present day, eternal youth may soon move out of the realms of myth and Sci-Fi, and into a reality, thanks to developing technologies.

Joining us today are Dr Steve Davies, Head of Education at the IEA, and News Editor Kate Andrews. Steve argues that within the next few decades, the ability to halt and even reverse the aging process may well be within the reach of science. He also outlines some of the potential upsides of Eternal Youth.
 

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Post-Brexit Britain: In Conversation with Daniel Hannan

October 18, 2017

Today we're joined by Daniel Hannan, MEP for South East England, President of the Institute for Free Trade, and a leading voice in the Vote Leave campaign – interviewed by the IEA's Chief Economist Julian Jessop. 

With European and British negotiators seemingly at loggerheads - Dan gives his view on what's actually going on behind closed doors.  Dan and Julian also discuss how much - if anything - should be paid in a 'Brexit Bill', what the transitional arrangement should look like, and the potential benefits of trading unilaterally.

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Economic Nationalism: Why We Should Be Very Afraid

October 12, 2017
Today you'll hear from the IEA's Dr Steve Davies and Kate Andrews, as they discuss growing trends for economic nationalism.
 
From the left-ward shift of the Conservative Party in Britain, to the rise of Donald Trump in America, there seems to be a growing appetite for protectionism and central planning in contemporary politics. Steve and Kate examine some of the reasons behind this trend - and whether advocates of free trade are losing the "Battle of Ideas" in the 21st century. 
 
They also look at what protectionist governments hope to achieve from adopting these policies - and how likely they will be to succeed in "bringing back jobs" for declining domestic industries. 

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How Would Unilateral Free Trade Work in Practice?

September 28, 2017

Today you’ll hear an update from our Brexit Unit, run by the IEA’s chief economist Julian Jessop.

Coming up, digital Officer Madeline Grant discusses the concept of unilateral free trade with Julian – a policy he thinks should be considered during the Brexit negotiations.

Julian gives a comprehensive explanation of what unilateral free trade would mean in practice – and how after Brexit, the UK will be free to set its own trade rules and tariff barriers.

Julian and Madeline also discuss the potential disadvantages, especially in the short term, of such a policy – mainly the disadvantages to British producers, who will face increased competition, with no guarantee it’ll be easier to export to other parts of the world.

Julian argues for a pragmatic and phased approach to policy change, but remains committed to the idea that government should not be in the business of cutting off customers from the benefits of free trade.

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What’s Next for Uber and the Gig Economy?

September 26, 2017

We're joined by Diego Zuluaga, Head of Tech Policy at the IEA, and Digital Officer Madeline Grant, as they discuss Uber and the gig economy in the light of last week’s decision from TfL not to reissue Uber’s licence.

The pair discuss the ruling; how it came about, and take a look at some of TfL’s motivations.

They also explore what the decision means in practice - for the 40,000 drivers who earn a living from the platform, for the app’s 3.5 million users in London, and for the broader future of tech and innovation in Britain.

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