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 week to discuss the current situation. He examines whether the government’s approach is necessary or desirable – particularly in a world of technological change, with algorithms, robotics and artificial intelligence increasingly able to perform some of the functions of the established professions.
Brexit dominates the news agenda. But with all the talk of the single market, impact assessments and trade deals, it sometimes feels as if this debate is only happening in the comment pages of newspapers, or the corridors of Westminster. What happened to the people? The Weekly Economics Podcast is back with a special episode: a discussion we recorded live in London at the end of 2017, between political theorist Maurice Glasman, activist Ruth Ibegbuna, and the academic Rob Ford. The question journalist Mary Riddell put to them was: where are the people in the Brexit debate?
Maurice Glasman, Ruth Ibegbuna, Rob Ford, Mary Riddell
In this episode of Inside Business, Matthew Cook gets to grips with some of the biggest corporate scandals of the past few decades. He is joined by BBC Business reporter, Howard Mustoe, to discuss Enron, the Bank of Credit Commerce International, and more.
The question of whether Britain should stay in the EU’s customs union has dominated the news cycle recently – with the CBI and other high profile voices suggesting that remaining in the Customs Union would be consistent with Britain’s vote to Leave the EU.
But would this be a political possibility? And would it be wise?We’re joined by Julian Jessop, the IEA’s Chief Economist and Head of the Brexit Unit, to give us update on these developments. Julian explains what the Customs Union is, how it differs from the Single Market, and explores some of the pros and cons of staying in it.
“Fake news” – a favourite term of Donald Trump – was voted 2017’s ‘word of the year’. Indeed, the spread of fake news has been cited as a serious threat to democracy, free debate and the Western order – with many believing it’s made further regulation of social media inevitable. And yet, in a world where social media has allowed anyone to create and disseminate information, there is still little agreement on what it is, how much of a problem it is, and what to do about it.
Today the IEA’s Chief Economist Julian Jessop and News Editor Kate Andrews discuss the new media landscape – which has shifted dramatically in recent years with the growth of hugely influential tech companies like Apple and Google.
The pair discuss, what, if anything, governments and Tech Giants should do to address the spread of fake news, and what the future regulatory landscape will look like.
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’.
Adrian Bua is a researcher at the Centre for Urban Research on Austerity. The Centre develops research into austerity and related concepts and practices, such as crisis, resistance, resilience, renaissance and transformation. It brings together activists, students and academics working on these issues to develop new networks and projects.
Wolfgang Streeck is Director of the Max Planck Institute for the Study of Societies. He is a sociologist working on political economy who analyses the trajectory and future of capitalism, democracy and the state in his recent books "Buying Time" (2013) and "How Will Capitalism End" (2016). This podcast discusses the main arguments he develops in these works.
In this week’s episode of Inside Business, we tackle corruption issues in Australia. Economist Dr Cameron K. Murray released a book last year entitled a Game of Mates, which uncovers the endemic corruption culture in Australian business. Matthew Cook speaks with Australian-born, British-based economist Steve Keen, the author of Debunking Economics, to find out more.