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In this week's podcast, we were joined by the IEA's Head of Political Economy, Kristian Niemietz, the author of a recent paper which ventures into the realm of fiction to examine the fundamental flaws of socialism. Kristian and Editorial Manager Madeline Grant discuss the popular meme that socialism is a great idea in theory, but only fails due to bad implementation, or corrupt officials - as advocated by trendy millennial socialists today. Kristian debunks this idea, but explores how it has been extremely influential in art, culture and fiction over the last century. We look at why it has proven so compelling, and whether free marketeers need to do more to make the moral and philosophical case for capitalism - as well as arguing on raw economic grounds.

In this episode of Policy Matters, hosts Franz Buscha and Matt Dickson are joined by Dr George MacKerron, senior lecturer in economics at the University of Sussex. George is an expert in the economics of happiness and wellbeing and the man behind the ‘mappiness’ project. George explains the importance of looking beyond financial measures of individual and national wellbeing and discusses the extent to which the cliché that ‘money can’t buy happiness’ holds true. Franz, Matt and George then discuss the findings from the ‘mappiness’ project which collects real-time data on individual’s self-reported happiness, allowing detailed analysis of the activities that have the greatest impact on how we feel and the way this also depends on where we are and who we’re with. George goes on to explain a number of ways in which public policy can have real impact on individual’s happiness and wellbeing.

This year, Saturday November 10th was 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 gap is the lowest it’s ever been on record. Yet Equal Pay Day hasn’t moved. It’s the same day as it was last year. A new IEA briefing, written by Associate Director Kate Andrews and Chief Economist Julian Jessop, argues that this is a result of calculating the gender pay gap in order to obtain a figure nearly 60% higher than the official data. Kate Andrews has put together a podcast to provide ‘alternative listening’ for those who don’t want to engage in fear-mongering around women in the workplace. Kate brings together women from across the political spectrum, with diverse background and views, but who all agree on one thing – that’s that there’s a positive story to tell about women who work. She asks them all: ‘What positive message do you want to send to women today’, and also asks them for a practical policy proposal to help tackle the issues that working women still face.

Do you identify as part of a generational group? From student politics to social media via milliennial voting patterns and intersectionality, FREER Director Rebecca Lowe and FREER Co-Chair Lee Rowley are joined by commentator Tom Harwood to discuss generational attitudes to freedom and more.

In this first episode of the new series of Policy Matters, hosts Franz Buscha and Matt Dickson spent some time reflecting back on their previous guests and discuss some of the key messages that each episode brought up. Why is social mobility important? Are grammar schools good for social mobility? Are there upsides to vocational education and why should HE students take care when selecting degrees? Both Matt and Franz highlight particular lessons learned and how they relate to current policy. Franz and Matt then look forward to this new season of Policy Matters and discuss topics such as health, crime, gender and happiness that will be explored in more detail in future episodes.

This week we’re joined by Dr Steve Davies, Head of Education at the IEA, to discuss one of the most hot-button issues in American politics – the right to bear arms. Interviewed by the IEA’s News Editor Kate Andrews, Steve gives us a history lesson on the Second Amendment, where the right came from, and what both sides of the debate get wrong. Steve argues that the right to bear arms came from a philosophy of classical republicanism or civic humanism, which means that in a self governing republic, all citizens have certain obligations and duties upon them, one of which is to use force against outsiders or a tyrannical state. In this sense, gun ownership is an individual right, but not a private right, making gun advocates and gun control advocates alike wrong in their approach to the issue. Steve discusses the Swiss-style system, which is one of the best examples of an armed militia, and how its gun laws differ from the United States. The pair also discuss what makes homicide rate and mass shootings more or less likely, with Steve arguing it has less to do with weapon proliferation, and more to do with societal norms and culture. Finally, Kate asks Steve the million pound question – does the UK need a Second Amendment?

In this special edition of the Weekly Economics Podcast from its Archive, the issue of climate change is back on the global news agenda. We explore some of the possible solutions, debate what real action looks like and how those most affected can be the most powerful agents for change. It’s easy to feel defeated when the environmental crises we face are so immediate and huge. But action is urgently needed. David Powell, Environment Lead at the New Economics Foundation, takes over hosting duties and is joined by Alice Bell, Director of Communications at 10:10, and Asad Rehman, Executive Director at War on Want.

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, or both? Today we’re joined by Dr Steve Davies, Head of Education at the IEA, to discuss the concept of civility in public life. Interviewed by IEA News Editor Kate Andrews, Steve argues that any private establishment has the right to refuse service, but that doing so does not come without consequence. The pair discuss famous instances of discrimination, perpetuated by both the private sector and the state, and try to identify what the lines are between civil dissent and dangerously overstepping the mark.

Jeremy Corbyn and Donald Trump; Erdogan in Turkey and the Five Star Movement in Italy; Podemos in Spain and Rodrigo Duterte in the Philippines. All of them have been described as populists. But what does ​‘populism’ actually mean? How can it include people with wildly different ideologies under the same umbrella? Is it possible to be a progressive populist – and even if it is, should progressives use that label? Ayeisha Thomas-Smith is joined by academic and writer Eliane Glaser, and Michael Walker from Novara Media.

In this episode of Policy Matters, host Matt Dickson talks to Laura van der Erve from the Institute for Fiscal Studies about the merits of doing a university degree, and what recent evidence suggests are the relative labour market returns to degrees in different subjects at different institutions. With almost 50% of young people in England going on to Higher Education, and with tuition fees of £9,250 for most courses, it has never been more important to understand the impact on earnings of studying different subjects and at different HE institutions. Laura describes recent research from the IFS looking at graduate outcomes and explains some of the difficulties in pinning down the impact of a particular course on later earnings and employment. They then discuss social gradients in attending university and the extent to which inequalities have been impacted by changes in tuition fees. Finally, talk turns to thinking about the sorts of things students need to know in advance in order to make an informed decision about where to apply and what to study, how the government can help with this, and the limits of information provision as a policy.