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Gavin Oldham

Thought for the Week: What's required for a good start to adult life

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: What's required for a good start to adult life
Much like Sir Keith Joseph, Michael Gove provides intellectual stimulus for the Conservative Party. 'Breaking the cycle of deprivation' was Keith Joseph's strategy in the mid-70s, but after 32 years of Conservative governments there's little progress to show. Is Michael Gove just talking about housing or can he tackle the wider issue, including unclaimed Child Trust Funds? Background music: 'Waiting' by Andrew Langdon

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Gavin Oldham

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

Gavin Oldham
Original Broadcast:

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: 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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Gavin Oldham

Thought for the Week: Economic Dynamism across Generations

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Economic Dynamism across Generations
There's a real logic to maintaining economic dynamism throughout the broad span of adult life: our commentary today picks up on recent reports in The Times on the extent to which parents and grandparents help out, on the value of incentivising young people to build early experience in the workplace, and how fresh ideas and opportunities can bring new potential for those of more mature years. If you don't use it, you'll lose it, body and mind: and we shouldn't get too fixated on retirement! Background music: 'Everything Has a Beginning' by Joel Cummins

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Gavin Oldham

Thought for the Week: Solving the AI Challenge to Wealth, Control and Intelligence

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Solving the AI Challenge to Wealth, Control and Intelligence
The huge take-up of ChatGPT over recent weeks has brought the challenge of Artificial Intelligence into sharp relief. As the Chief Executive of its creator, OpenAI, said in one of his blogs, 'Artificial Intelligence will bring unimaginable wealth but, unless something changes, most of us will get none of it. We need a radical solution'. Conventional wisdom sees Universal Basic Income as the way through this dilemma, but this will only bring us more state intermediation and human subservience. We can put forward a better solution, by enabling all to share in the wealth that technology brings and to play their part in its future governance. Background music: 'Digital Solitude' by Silent Partner

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Gavin Oldham

Thought for the Week: Generation X in the Spotlight

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Generation X in the Spotlight
If you’re currently aged between 43 and 59, start watching the news carefully: the chances are that the Government has you firmly in its sights. Of course there's much talk of getting you back to work, if you're one of the 'economically inactive' following the pandemic — but they also have it in mind to make you wait a couple of years longer before your pension can start. For every downside there is, of course, an upside: but that flows 100% to the Government, since HM Treasury would see a windfall of c. £10 billion pa. Be prepared to roll your sleeves up, unless you can master new technologies! Background music: 'Officer of the Day March' by the United States Marine Band

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Gavin Oldham

Thought for the Week: Action for Oldies

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Action for Oldies
Liz Truss and Kwazi Kwarteng could have done with the House of Lords Economic Affairs Committee report 'Where have all the workers gone?' to supplement our commentary on 26th September 'Workforce Capacity is the Missing Link'. It was, however, published a couple of working days before Christmas, and it prompted us to consider again what's happened to the more than half a million people who are not employed and not claiming benefits. So, supported with evidence from the excellent Oldie magazine, we offer a few thoughts on a wide variety of enterprising activity that these older folk could be doing — and we round off this episode with a further suggestion for entrepreneurial activity which the Government might support in due course. Background music: '64 Sundays' by Twin Musicom, licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://www.twinmusicom.org/

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