New Economics Podcast

We're away this week recording our exciting live event with Maya Goodfellow for the podcast next week. In the meantime we're listening back to a live episode we recorded in April. Safiya Umoja Noble is an associate professor at UCLA and author of Algorithms of Oppression: How Algorithms Reinforce Racism. She joined Kirsty Styles for a revealing look at how all kinds of negative biases are embedded...

Some common lines you’ll hear about the economy: we all put money in, or take it out. Some people pay their fair share, but others don’t. We can’t overspend – putting public spending on the national credit card would be irresponsible. But not all of those lines are strictly true and the way we talk about the economy affects the way we think about its future. This week on the podcast: what we’re re...

It’s one of the most important inventions of the 20th century. But unlike the phone, the car, computers and indoor plumbing, the weekend is still stuck in the 1930s. As productivity increased, the promise of shorter working hours always seemed just out of reach. But now, there’s a campaign to make the 4-day week a reality within our lifetimes. Obviously many people would love to work less. But wha...

More and more of us are renting for longer – not by choice, but by necessity. In cities especially, more people are renting into their thirties, forties and beyond, sometimes raising children in rented flats with no long-term security. But what if we could do something about it? Could rent controls be the answer? With Hanna Wheatley and Eva Freeman. Donate to the New Economics Foundation: https://...

It’s the story we’re all told when we’re growing up. Work hard at school so you can get into a good university. Work hard at university so you can get a good job. Get a masters degree – taking on more student debt – if you really want to mark yourself out. Work hard at the office so you can get ahead. But what if that’s not the real story? Social mobility in the UK is stagnating. Class privilege i...

This week the UK got a new prime minister, and the Conservative party got a new leader. After nine years in government, will this be a pivotal moment in history, or a last gasp? Apart from a more hard-line stance on Brexit and a few Winston Churchill statuettes, what will the new PM be bringing to the job? Ayeisha discusses Boris Johnson and the future of Conservatism with Christine Berry, co-auth...

If you’ve been listening to the Weekly Economics Podcast for a while, you’ll know that we think there’s much more to economics than GDP. But it still dominates the way politicians and much of the press talk about the economy. Now though, there are lots of new proposals for measuring what counts. So what should replace GDP? And how would it change society? Ayeisha Thomas-Smith discusses with Guardi...

The polls show that while previous generations became more conservative with age, millennials are staying left wing for longer. And age and education now seem to be the big dividing line in our politics, replacing class as the key division. So what’s going on? And what are the political implications of Generation Left? That’s our big question on the Weekly Economics Podcast this week and to help u...

It’s been a busy year for the climate movement since last summer’s scorching heatwave. Extinction Rebellion shut down the streets, the school strikes saw thousands of young people take a stand, and the Green New Deal has shot to the top of the political agenda – for now, at least. Last month Parliament passed a motion to declare an ‘environment and climate change emergency’. Meanwhile, Theresa May...

Last month, the owner of a chain of British hi-fi shops did something unusual. Julian Richer, the founder of Richer Sounds, gave away control of the company to the employees, and even gave them each a £1,000 cash bonus for every year they’ve worked there. It’s a rare move for company owners to give up their wealth. Is this just generosity, or could it actually be good for business? And could it al...

Algorithms have a huge influence on the way that we see the world. We increasingly understand news through social media — as libraries shut down more of our knowledge is found with the click of a search engine rather than in books or classrooms. But the algorithms that underpin our every interaction with the digital world are not neutral. They are created by humans, and reflect the biases of the p...

It’s been 4 years since Kirsty Styles and James Meadway told the story of neoliberalism, from Hayek to Thatcher to the end of history. But now, the band is back together, alongside NEF chief executive Miatta Fahnbulleh. It’s 2019, the world is on fire, and it’s time to change the rules. Music by Christian Bjoerklund, Mr Frisby's Beat Pocket, and Chris Zabriskie. Enjoying the show? Tweet us your co...

Kirsty Styles and James Meadway talk about the alternatives to neoliberalism. This episode was recorded back in August 2015, which feels like a million years ago. We still think it's worth listening to, but a lot has changed since then. The good news is, James and Kirsty will be back for a brand new update episode next week, bringing us bang up to date on the alternatives. Enjoying the show? Tweet...

James Meadway and Kirsty Styles discuss how neoliberalism lives on today. This episode was recorded back in August 2015 and a lot has changed since then. The good news is James and Kirsty will be back for a brand new episode in a couple of weeks’ time, telling the story of the backlash against neoliberalism over the past few years. Enjoying the show? Tweet us your comments and questions @NEF! The...

James Meadway and Kirsty Styles explain how neoliberalism took hold in the UK in the 1980s. Enjoying the show? Tweet us your comments and questions @NEF! Music by Chris Zabriskie (www.chriszabriskie.com), sanmi (www.freemusicarchive.org/music/sanmi) and Christian Bjoerklund (www.freemusicarchive.org/music/Christ…n_Bjoerklund) used under Creative Commons Licence. The award-winning Weekly Economics...

James Meadway and Kirsty Styles explain how neoliberalism came to dominate economies around the globe. Enjoying the show? Tweet us your comments and questions @NEF! Music by Chris Zabriskie (www.chriszabriskie.com), sanmi (freemusicarchive.org/music/sanmi/) and Christian Bjoerklund (freemusicarchive.org/music/Christian_Bjoerklund/) used under Creative Commons Licence. The award-winning Weekly Econ...

Economist James Meadway and journalist Kirsty Styles continue their 6-part miniseries about neoliberalism. In part 2, they tell the story of how the once obscure ideas of theorist Friedrich Hayek moved from the fringe to the mainstream, ushering in the age of neoliberalism. Enjoying the show? Tweet us your comments and questions @NEF! Music by Chris Zabriskie (www.chriszabriskie.com) and sanmi (ww...

For the next 6 weeks, we’re doing something a bit different. We’re telling the story of neoliberalism, from the beginning. We call it A Beginner’s Guide to Neoliberalism. We first ran the series back in 2015, but it’s as relevant as ever. It’s presented by the journalist Kirsty Styles alongside James Meadway, who at the time was chief economist at the New Economics Foundation. In part 1, James and...

Knife crime is at a nine-year high. Everyone agrees: something must be done. Some politicians want more police on the streets, or tougher sentences. Others want cuts to mental health services to be reversed. One MP has suggested every knife in Britain should have a built-in GPS tracker – good luck with that. But knife crime it is a complex issue, and young people’s lives depend on policymakers get...

It’s hard to listen to the news at the moment without hearing some kind of warning about economy. Nearly all of those warnings focus on one thing – Brexit. It’s true that lots of people think Brexit is risky – but in the clamour to define what Brexit means, could we be blindsided by something else? Obviously it’s difficult to predict exactly how and when another shock to the economy might happen....

We’re away this week, but in the meantime thought we’d listen back to one of our favourite episodes from last year. If house prices are too high for people to be able to buy houses, how can we bring them down? And can we do it without upsetting homeowners and crashing the economy? Beth Stratford is a PhD student at Leeds University. Last February she published a blog post at OpenDemocracy that was...

The Green New Deal has rocketed to the top of the agenda in the US. It's an ambitious plan, spearheaded by Alexandria Ocasio-Cortez, to decarbonise the US economy and eliminate economic insecurity at the same time. But in fact the Green New Deal has some of its origins here at the New Economics Foundation. So what's the story behind the development of the idea? And how would a Green New Deal actua...

Public ownership is back on the agenda. Opinion polls show high levels of support for taking all kinds of things back into public hands, from the railways to water to energy, and the Labour party is committed to a vast expansion of public ownership. But if privatisation has failed, what kind of public ownership should replace it? As the critics of nationalisation are quick to say, British Rail was...

The Windrush scandal outraged the nation last year. But last week the Home Office reinstated deportation flights to Jamaica for criminal offenders who they say are foreign nationals. Meanwhile, parliament passed a new immigration bill last month, promising to control the “number and type” of people coming to the UK. The home secretary came under fire for proposing a £30,000 income threshold for E...

This Thursday is Time To Talk Day, a day meant to encourage people to talk about mental health. But what are the wider social and economic factors that are causing poor mental health in the first place? Is the economy itself damaging our mental health? Is modern life making us sick? Ayeisha Thomas-Smith talks to Hana Riaz, who is researching the impact of gentrification on mental health, New Ec...