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Live from Lord North Street is a podcast series from the Institute of Economic Affairs, examining some of the pressing issues of our time - from Brexit and the gig economy to migration and the future of automation. Featuring some of the top minds in Westminster, Live from Lord North Street brings you weekly commentary and analysis.

Live from Lord North Street is a podcast series from the Institute of Economic Affairs, examining some of the pressing issues of our time - from Brexit and the gig economy to migration and the future of automation. Featuring some of the top minds in Westminster, Live from Lord North Street brings you weekly commentary and analysis.
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Live from Lord North Street is a podcast series from the Institute of Economic Affairs, examining some of the pressing issues of our time - from Brexit and the gig economy to migration and the future of automation. Featuring some of the top minds in Westminster, Live from Lord North Street brings you weekly commentary and analysis.




Deconstructing Industrial Strategy

Hastened by sluggish productivity growth, the once unfashionable idea of a centrally planned Industrial Strategy is back on the political agenda in Britain. But will it have the desired effect? Joining us today is the IEA’s Head of Transport Dr Richard Wellings, along with Head of Tech Policy Diego Zuluaga. The pair take a look at how industrial strategies have historically fared around the world, and examine the extent to which we can rely on the free market to deliver the infrastructure...


Occupational hazard - how UK licensing laws harm employment

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...


Should Britain stay in the Customs Union?

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,...


The Case for Ticket Resale

The resale of tickets has been around for as long as humans have charged entry to events. Evidence of ticket ‘touting’ goes all the way back to Ancient Rome. In the 21st century though, it’s becoming an increasingly controversial practice. Companies like Viagogo, Seatwave and Stubhub now offer tickets to otherwise hard-to-reach events - but, often, at a hefty price. Today on our podcast, IEA News Editor Kate Andrews interviews Dr Steve Davies, the IEA’s Head of Education and author of...


FAKE NEWS: Dealing with misinformation in the age of Tech Giants and new media

“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...


Distracting from Poverty Relief: The Oxfam report debunked

On today’s podcast, IEA Research Director Dr Jamie Whyte lambasts Oxfam’s latest report on global inequality, arguing that the poverty-relief charity is attacking the economic system that has lead to the greatest fall in absolute poverty the world has ever seen. Interviewed by the IEA’s Kate Andrews, Jamie expands on the criticisms and analysis that he laid out in The Times today. SUBSCRIBE to our YouTube channel FOLLOW US on Twitter LIKE US on Facebook IEA WEBSITE


NHS Crisis Talks

This week on our podcast, 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...


Here’s How We Solve Britain’s Housing Crisis

In our first podcast of 2018, we look at one of the most critical areas in public policy - housing. The Institute of Economic Affairs’s Kristian Niemietz and former Head of Research at the Adam Smith Institute Ben Southwood discuss the housing shortage, its supply-side nature and the politics which underpin it. Interviewed by the IEA’s Kate Andrews, the pair examine the historical origins of the housing crisis, which date back to legislation introduced under Clement Attlee’s government...


Brexit Update: Divorce Bill, Irish border, and more

After months of talks, EU and UK negotiators have finally reached an agreement on Phase 1 of the Brexit talks, to begin trade talks in the New Year. But just how binding is all of this? IEA Chief Economist and Head of the Brexit Unit Julian Jessop, and Digital Officer Madeline Grant discuss the outstanding issues, and the extent to which issues covered in Phase 1 - like the Ireland Border, Divorce Bill and EU citizens rights, have been resolved. They also look ahead, examining the key...


2017: A Year in Review

What do Momentum and Moggmentum have in common? Find out in our round-up of 2017, featuring the IEA’s Director General Mark Littlewood and Communications Director Stephanie Lis. Interviewed by the IEA’s News Editor Kate Andrews, the three discuss the state of the Brexit negotiations, the problems in Parliament, Donald Trump’s America, and predictions for 2018. SUBSCRIBE to our YouTube channel: FOLLOW US on Twitter:...


Is Sterling Devaluation the Path to Prosperity?

On December 5th, the Institute of Economic Affairs hosted a debate at our offices, asking if economist and author John Mills had the solutions to the UK’s economic problems. At the heart of John’s plan is a proposal to lift the share of manufacturing and investment by engineering a substantial fall in the exchange rate. On the other side of the debate was the IEA’s chief economist Julian Jessop, arguing that deregulation and lower tax rates were the best way to stimulate economic...


What Is The Best Way To Measure Poverty in Britain?

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. Interviewed by Digital Officer Madeline Grant,...


The Myth of Scandinavian Socialism

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’. SUBSCRIBE to our YouTube channel: FOLLOW US on...


The World Economy: Why people still feel nervous…

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...


Will Planes Fly After Brexit?

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. Today the IEA’s Chief Economist and head of the Brexit Unit Julian Jessop will weigh up the evidence, along with...


Paradise Papers: The Benefits of Tax Havens

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...


The Equal Pay Day Myth

November 10th is Equal Pay Day - the day when women supposedly start “working for free”, for the rest of the year. The IEA’s Kate Andrews and Nerissa Chesterfield examine Equal Pay Day and see if it holds up to scrutiny. Interviewed by the IEA’s Digital Officer Madeline Grant, the three also look at the broader issue of the gender pay gap - what the true figure is, and why it is that women appear to be getting paid, on average, less than men. SUBSCRIBE to our YouTube channel:...


The Latest from Brussels: the ‘Divorce Bill’ and more

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 p [...]


100 Years On From The Russian Revolution - What Have We Learned?

This week 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,...


The Long View of Brexit: What happens 10 years down the road?

In the latest instalment in our podcast series, Live From Lord North Street, Dr Steve Davies, Head of Education at the IEA and News Editor Kate Andrews, sit down to give a long-term analysis of Brexit. Steve makes the case that we are currently looking at Britain’s departure in a rather narrow way, focusing largely (and understandably) on immediate issues like the negotiating process, the impact of Brexit on the financial sector, and so on. In the medium and longer term, however, Steve...


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