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Gavin Oldham

Thought for the Week: Democracy, Ownership and Young People

Gavin Oldham
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Thought for the Week

Thought for the Week: Democracy, Ownership and Young People
Oxford University Professor Ben Ansell is delivering this year's Reith Lectures on the future of democracy: whether it's in retreat across the world, whether citizens of wealthy countries have embraced a false sense of security, how to build a sense of solidarity in polarised societies, and how to enable continued economic growth without wrecking the environment in the process. But will he tackle the question of how democracy can — and should — evolve from national to global governance? And will he address the need for participation in individual ownership and the accompanying enhanced sense of responsibility, combined with the need for the young to be empowered through inter-generational rebalancing? The next three lectures will tell. Background music: 'Resolution' by Wayne Jones, Image source: BBC
Guest:

Lord Lee

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Gavin Oldham

Thought for the Week: 21st Century Elephant Traps

Gavin Oldham
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Thought for the Week

Thought for the Week: 21st Century Elephant Traps
In the old days we either telephoned someone for a quick answer to a question, or sent a letter which focused the attention of the recipient. Now huge volumes of emails fly across the net, and we're left waiting days for an answer. It may be cheap, but is it productive? Also — People think that debit cards are as safe as credit cards or direct debit authorities — until something goes wrong. And, if it's a continuous payment authority given to an overseas supplier, there's very limited protection available, beyond FCA guidance. Background music: 'Communicator' by Reed Mathis
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Gavin Oldham

The Financial Outlook: The Autumn Statement 2023

Gavin Oldham
Original Broadcast:

The Financial Outlook for Personal Investors

The Financial Outlook: The Autumn Statement 2023
On Wednesday 22nd November '23 Chancellor of the Exchequer Jeremy Hunt delivered his Autumn Statement to the House of Commons, focused on restoring UK economic growth. This is his full, unabridged speech as delivered, without commentary.
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Gavin Oldham

Thought for the Week: Health & Education Shortcomings hold back UK Growth

Gavin Oldham
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Thought for the Week

Thought for the Week: Health & Education Shortcomings hold back UK Growth
Adam Smith set out the foundation building blocks for economic growth in the Wealth of Nations, and capital and labour were the key components — Jeremy Hunt says he is now pursuing growth as his key priority, and there's no doubt that increasing capital availability in both public and private sectors will help: but where is the labour capacity? It's on NHS waiting lists. Background music: 'The Nexus Riddim' by Konrad OldMoney
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Gavin Oldham

Thought for the Week: Democratising AI Ownership

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Democratising AI Ownership
In a world absorbed with tension and conflict, it says something about the significance of AI that Rishi Sunak was able to host the conference at Bletchley Park, with government representatives from twenty-eight nations and eight leading Artificial Intelligence businesses. Warnings abound both within and outside the AI industry, including for its impact on employment, to which we referred nearly six years ago. However, is the Bletchley Park gathering just evidence of the rich and powerful flexing their muscles yet again to take control? Surely we should be looking for an alternative, offering mass participation in wealth creation and democratisation through distributed governance? Background music: 'Digital Solitude' by Silent Partner
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Gavin Oldham

Thought for the Week: The Black Hole of Economics

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: The Black Hole of Economics
Enjoy this entertaining romp through capitalist economics from the demise of feudalism to Thomas Picketty’s book ‘Capital in the 21st Century’, but a careful search for any mention of inter-generational rebalancing will leave you disappointed. Welcome to the Black Hole of Economics, the elusive feature which keeps us from integrating free enterprise and individual empowerment with fair provision of opportunity for each new generation to enable them to achieve their potential in adult life. Background music: 'Generations Away' by Unicorn Heads Order 'Capitalism - A Graphic Guide' here: https://uk.bookshop.org/p/books/capitalism-a-graphic-guide-dan-cryan/1475839?ean=9781785785146
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Gavin Oldham

Thought for the Week: Could Africa benefit from Incentivised Learning?

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Could Africa benefit from Incentivised Learning?
Last week we heard of sixty migrants dying in an attempt to reach Cape Verde across the Atlantic Ocean: young people risking all for a better life. But, as we wrote on 15th May, it's the underlying challenges, including conflict and poverty, that must be addressed. Global problems like these require global solutions: we suggest a combination of inter-generational rebalancing funding a programme of incentivised learning for young people across Africa, providing them with the resources and life skills to start achieving their potential. Background music: 'Six by Eight' by Jimmy Fontanez_Media Right Productions. 15th May Commentary link: https://www.shareradio.co.uk/thinkingaloud/newsletters/comment-wc-2023-05-15/
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Gavin Oldham

Thought for the Week: Public Finance Disasters in small print

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Public Finance Disasters in small print
Government Debt at the end of June '23 was £2.53 trillion, or £38,000 for every person living in the UK. This will be increased by 10% as a result of HM Treasury indemnifying the Bank of England for their QE losses and the cost of the dysfunctional HS2 project. Hidden away on page 54 of the Infrastructure and Projects Authority Annual Report is where you can find their assessment of the huge HS2 project: then check out William Hague's Times article, 'HS2 has gone from shambles to red alert'. Please visit the Share Radio webpage for links. Background music: 'Sarabande' by Joel Cummins
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Gavin Oldham

Thought for the Week: Monopolies are not the answer

Gavin Oldham
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Thought for the Week

Thought for the Week: Monopolies are not the answer
With aggregate annual licence fee income of £3.7 billion, a degree of self-interest and parochialism which permeates its coverage, and swiftly-reducing interest from young people, the BBC's 100th anniversary poses more questions than answers. Meanwhile the National Health Service, celebrating its 75th anniversary, spends over £158 billion a year in England alone: but still struggles with record waiting times and dismal GP service to patients — yet more evidence of the dysfunctionality of quango monopolies. Background music: 'The New Order' by Aaron Kenny
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Gavin Oldham

Thought for the Week: Financial Legacies

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Financial Legacies
The shining towers and ivory walls of the City of London — many of our financial trials and tribulations can be traced back to October 1986, when the clear distinction between self-interest and acting in the interests of customers was abruptly brought to an end in the 'Big Bang'. Among those who saw it all happen was legendary market-maker Brian Winterflood MBE, who died on 29th June. His financial legacy, built over sixty years in the City, is massive. Background music: 'Communicator' by Reed Mathis
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