Government and Institutions
Dr Christian Sandstrom and Dr Karl Wennberg discuss their new book, Bureaucrats or Markets in Innovation Policy? Based on a major interdisciplinary research program with a special focus on Sweden, paired with international research, Dr Sandstrom and Dr Wennberg explain how targeted interventions and firm subsidies do not have the intended effects but instead creates ... Continue reading
IEA Director General Mark Littlewood is joined by Steve Baker MP and our Senior Academic Fellow Professor Philip Booth to examine how we finance the government's spending surge. The lockdown has seen economies shrink, pushing governments to borrow at rates never seen in peacetime. What does the future hold for fiscal responsibility? Are we right ... Continue reading
Education
On our podcast this week, we're joined by Sophie Sandor, an independent filmmaker and education expert, and Madeline Grant, Editorial Manager at the Institute of Economic Affairs. Interviewed by the IEA's Digital Manager Darren Grimes, Sophie and Madeline take a look at state education in Britain - which currently operates in a near monopoly for ... Continue reading
STREAM the full podcast here. DOWNLOAD the briefing for free here. This year, Saturday November 10th is Equal Pay Day - the day the Fawcett Society calculates that women, on average, essentially start working for free, because of the gender pay gap.  But Office for National Statistics calculated just a few weeks back that the pay ... Continue reading
Trade, Development, and Immigration
It was almost exactly 200 years ago that David Ricardo first outlined the principle of comparative advantage that helped lay the groundwork for repealing the corn laws here in Britain, and the free-trading consensus that later emerged. But free trade is coming under attack around the world - since the FC especially, tariffs and protectionism ... Continue reading
Economic Theory
Socialists claim that previous versions of socialism went wrong because of external constraints, or because it happened in the wrong place, or because the wrong people took over, and so on. Fair enough. Let’s do a thought experiment, then, in which we just assume all those factors away. Let’s do a thought experiment of a ... Continue reading
Society and Culture
You’re listening to Live from Lord North Street, a podcast from the Institute of Economic Affairs. Back in June, Press Secretary Sarah Sanders was kicked out of the Red Hen restaurant in Virginia, because the owner didn’t like her association with President Donald Trump’s administration. Is this an act of discrimination, perfectly within one’s right, ... Continue reading
Government and Institutions
Exactly one year from today, Britain will officially quit the EU. But what do we know so far, and what happens next? Today joined by Julian Jessop, Head of the IEA's Brexit Unit, and Shanker Singham, Director of the IEA’s new International Trade and Competition Unit. Interviewed by Digital Officer Madeline Grant, the pair answer some of ... Continue reading
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 ... Continue reading