What is the best way to measure poverty? Intuitively, this question might not seem necessary – surely, we know poverty when we see it. But while we can probably agree that the inhabitants of Victorian slums were in poverty, in many cases today things aren’t so clear cut.
Our Chief Economist Julian Jessop examines this question in light of recent research from the Joseph Rowntree Foundation, warning of rises in child and pensioner poverty.
Left-wing movements in Britain, and further afield, are increasingly citing the Scandinavian or Nordic economic model as a desirable alternative to capitalism. But is Scandinavian socialism really all its cracked up to be? Today, Dr Steve Davies and Kate Andrews of the IEA put the Nordic model under the spotlight – and examine to what extent these countries are indeed socialist, or even ‘left wing’.
Despite showing good signs of health for the first time in a long time, people continue to feel anxious about the state of the world’s economy.
Interviewed by the IEA’s Kate Andrews, Head of Education Dr Steve Davies explains what he believes to be the two-folded reason for this: First, the insecurity of China’s banking system, which has produced unsustainable bubbles that are bound to burst at some point. Second, the state of the world’s money system, including the extended use of quantitative easing and low interest rates, which have also created their own set of bubbles, particularly in real estate.
What impact will Brexit have on British aviation and our ability to travel? That’s a question that’s been on many peoples’ lips recently, following warnings from the boss of Ryanair and other key industry figures, that flights between the UK and the EU could be grounded for months unless replacements for EU airline agreements are struck before Britain leaves the bloc. The IEA’s Chief Economist and head of the Brexit Unit, Julian Jessop, will weigh up the evidence, along with Digital Officer Madeline Grant, and decide whether these warnings stack up to reality.
A recent mass leak of financial documents, branded the Paradise Papers, has caused many people to call for the Govenmernt to take decisive action against tax avoidance. We’re joined by the IEA’s Research Director Dr Jamie Whyte, and Head of Financial Services Diego Zuluaga, to discuss the role of tax havens and the legal and ethical questions around tax avoidance. Interviewed by the IEA’s News Editor Kate Andrews, the pair discuss the fallout from the Paradise Papers, and whether it’s moral to minimise one’s tax burden using off-shore accounts and other structures. Finally, Diego and Jamie explore the role that off-shore funds will play in an increasingly globalised world.
Today you’ll hear an update from our Brexit Unit, led by Chief Economist Julian Jessop. Julian and Digital Officer Madeline Grant give the latest updates from the negotiations currently underway in Brussels, and discuss what sum – if any – Britain will be likely to pay in a so-called “Brexit Bill”. Julian goes through some of the sums and demands currently in play, and examines what Britain may be owed, in terms of EU assets.
The 8th of November marks the centenary of the October Revolution, which transformed Russia and reshaped the course of history. 100 years on, the IEA’s Kristian Niemietz and Madeline Grant discuss what lessons, if any, we’ve learnt from socialism’s history of around the world; from the Soviet Union, to Cuba, to Venezuela. Kristian also traces the complicated relationship left-wing Western intellectuals have had with socialist regimes – and examines whether the right has also been, historically, guilty of similar revisionism.
Today we're joined by Daniel Hannan, MEP for South East England, President of the Institute for Free Trade, and a leading voice in the Vote Leave campaign – interviewed by the IEA's Chief Economist Julian Jessop. With European and British negotiators seemingly at loggerheads - Dan gives his view on what's actually going on behind closed doors. Dan and Julian also discuss how much should be paid in a 'Brexit Bill', what the transitional arrangement should look like, and the potential benefits of trading unilaterally.
From the Fountain of Youth, to the Holy Grail, to JK Rowling's Philosopher's Stone, the idea of immortality has been ingrained in humanity’s creative consciousness for thousands of years. But in the present day, eternal youth may soon move out of the realms of myth and Sci-Fi, and into a reality, thanks to developing technologies. Joining us today are Dr Steve Davies, Head of Education at the IEA, and News Editor Kate Andrews. Steve argues that within the next few decades, the ability to halt and even reverse the aging process may well be within the reach of science. He also outlines some of the potential upsides of Eternal Youth.
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