Can populism be progressive, and what role did it play in the US mid-terms this year? We’ll be back with a brand new series in the new year, but in the meantime we wanted to bring you something a bit different: the best bits from a live event hosted by the New Economy Organisers Network in London in November about progressive populism. The guests were the political theorist Chantal Mouffe, who literally wrote the book on progressive populism ('For A Left Populism'), and the American campaigner J...
Dec 23, 2018•58 min
We’ve just had a few days of respite from the craziest temperatures, but this summer’s heatwave has felt unusual. Parks turning to dust and reservoirs running out. Record temperatures and sweeping fires. It feels as though, this summer, we’ve had a glimpse at what our ‘new normal’ might look like. It’s a disaster on a global scale and it’s been taking hold for some time. So why aren’t we in a panic? Ayeisha Thomas-Smith is joined by Dave Powell, head of environment at the New Economics Foundatio...
Aug 13, 2018•20 min
Last week the Bank of England moved interest rates to their highest level in almost a decade. If you’ve got a mortgage, it might get more expensive. If you’ve got savings, you might get a bit more interest on your money. Does this tell us anything about what the Bank of England thinks is going to happen to the economy? And was it the right decision? Ayeisha Thomas-Smith speaks to Alfie Stirling, head of economics at the New Economics Foundation. Find Ayeisha's new 4-part BBC Radio 4 series, Econ...
Aug 06, 2018•21 min
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 Walk...
Jul 30, 2018•27 min
There are troubling signs that the new data-driven economy is inheriting all the same problems as the old one: power imbalances, monopolies and a lack of accountability. How gloomy should we be? Will technology inevitably lead us to a digital dystopia? Or could there be a whole range of potential futures, some of them shiny and welcoming, others dark and scary? Hanna Wheatley is joined by New Economics Foundation researcher Duncan McCann, and Carl Miller, research director for the Centre for the...
Jul 24, 2018•25 min
In between the resignations and the reshuffles, what have we learned about about where Brexit will go next? Much of the focus has been on the response to the deal the prime minister reached with her cabinet at Chequers, but what was in the deal itself? How practical is the government’s position on Brexit? And what are the alternatives? Ayeisha Thomas-Smith is joined by Marley Morris, senior research fellow at the Institute for Public Policy Research, and Andrew Pendleton, NEF's director of polic...
Jul 16, 2018•32 min
Is British shopping in crisis? Major names are struggling or closing down, nearly 22,000 jobs are at risk, and the UK now has an estimated 1,800 fewer high street shops than it had a year ago. Are we all just moving online and shopping from our sofas, or is this a sign that our economy might be in deeper trouble? Does Brexit have anything to do with it? Will Greggs be okay? Ayeisha Thomas-Smith is joined by Krissie Nicolson, founding organiser of the East End Trades Guild, and Will Brett, NEF's ...
Jul 09, 2018•18 min
One of the most fashionable economic ideas of the past decade has been ‘nudge’ theory – the idea that a little prod from government can encourage us to change our behaviour and be better citizens, maybe without even realising it. Meanwhile, good old-fashioned regulation seems to have been decidedly out of favour with recent governments – and leaving the market to just do its thing isn’t all that popular with campaigners. When it comes to the environment, do all of these approaches have their pla...
Jul 02, 2018•39 min
Happy birthday, NHS! That was the message from the prime minister last week, as she announced an extra £20bn of funding for the NHS in England by 2023. But is that enough? And where will the money come from? There’s been talk of a ‘Brexit dividend’ – does that mean the infamous battle bus promise has come true? Or will some of us have to pay more tax to keep our NHS on life support? And whatever happened to fixing our broken social care system? This week, Ayeisha Thomas-Smith is joined by Sarah ...
Jun 25, 2018•27 min
The fire at Grenfell Tower a year ago last week was, above all, a tragedy for its residents, their friends, and their families. It’s also come to symbolise a deeper crisis in British society – at least in the eyes of many people. On this week's podcast, we’re giving you an update on what we’ve learned since that night; what the inquiry has heard; and the shifting national conversation about Grenfell. Ayeisha Thomas-Smith speaks to Luke Barratt, business reporter at Inside Housing, and Katya Nasi...
Jun 18, 2018•15 min
Papers destroyed by the Home Office. Forced out of work. Denied cancer treatment. Held in detention. Deported. Those are just a few of the terrible stories we’ve heard about the treatment of the Windrush generation over the past few months. We’ve had a change of Home Secretary, but will there be a change in policy? The government set up a ‘Windrush taskforce’ in April – but will it right these wrongs? And what does the ‘hostile environment’ policy say about the UK’s difficult relationship with i...
Jun 11, 2018•30 min
Universal basic income – an idea that almost no one had heard of just a few years ago – is now one of the most fashionable concepts in progressive politics. With automation increasing and wages stagnating, the theory is that giving everyone a set amount of money each year will liberate them to do what they want with their lives – and keep them out of poverty. But some people think universal basic income is a utopian impossibility. Others think it’s dangerous. So there’s a proposal for another so...
Apr 04, 2018•29 min
A nerve agent attack on an ex-Russian spy and his daughter in Salisbury has led to a retaliation by the UK government – expelling diplomats and ramping up a war of words. With Putin winning another huge election victory last week, some people are worried that we’re entering a new Cold War. Meanwhile, UK gas supplies have run low thanks to the recent winter freeze. What if Russia were to switch off our gas? Has it done it to other countries? And how would we get by? Ayeisha Thomas-Smith is joined...
Mar 28, 2018•26 min
It’s one of the biggest contradictions in British politics. Across the country, baby boomers who own a house cheer as the value of their property rises. Meanwhile their millennial children watch on in horror, as owning their own home increasingly falls out of their reach. Politicians talk about building more homes but very few of them talk about directly reducing house prices. 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 u...
Mar 19, 2018•35 min
Universities up and down the country have been shutting down as lecturers have walked out, arguing that the changes to their pension schemes could leave them thousands of pounds a year worse off in retirement. If you don’t know the difference between your defined benefits and your defined contributions, getting your head round the issues can feel like doing an economics PhD before you’ve done your 101. So this week we’re breaking down what the university strikes are all about, and what they tell...
Mar 12, 2018•26 min
As the Guardian's US correspondent, Gary Younge documented America’s social and economic challenges, the role of race in the country’s politics, and the deadly consequences of US gun laws. Now the Guardian’s editor-at-large, Gary took an unusual approach to covering the 2016 presidential election, reporting from one small town in Indiana, called Muncie, nicknamed ‘Middletown, America’. In this week's podcast, Ayeisha Thomas-Smith asks Gary about Middletown today. Can it help explain a US electio...
Mar 05, 2018•37 min
Technology is transforming the world of money. Or at least that’s what the Bitcoin junkies would have you believe. They say digital currencies have arrived and are about to revolutionise the way we buy things. But recent downturns in their prices have led some to wonder whether digital currencies have fuelled a dangerous speculative bubble that needs to be curbed by regulators. Is the Bitcoin boom over? Or was it just the start for digital currencies? This week, Ayeisha Thomas-Smith is joined by...
Feb 28, 2018•36 min
There's been a panic in the stock markets in recent weeks after the Dow Jones plunged more than 1000 points on a single Monday in the first week of February. When the stock market plunges should we all be worried? Or does it only affect those wealthy enough to be trading? This week, Ayeisha Thomas-Smith is joined by Frank van Lerven, NEF economist, and Anna Isaac, economics correspondent at The Telegraph. Enjoying the show? Tweet us your comments and questions @NEF! Produced by James Shield and ...
Feb 21, 2018•28 min
Brexit dominates the news agenda. But with all the talk of the single market, impact assessments and trade deals, it sometimes feels as if this debate is only happening in the comment pages of newspapers, or the corridors of Westminster. What happened to the people? The Weekly Economics Podcast is back with a special episode: a discussion we recorded live in London at the end of 2017, between political theorist Maurice Glasman, activist Ruth Ibegbuna, and the academic Rob Ford. The question jour...
Feb 12, 2018•46 min
Chancellor Philip Hammond got out his red box out again last week, to let us know how the country's finances are – or aren't – holding up, and what the Government's going to be doing with its money this year. The headlines were mixed, so what should our take-away be? Will the Chancellor's proposals be enough to make our economy "fit for the future"? And with Brexit looming, is the Government doing enough to deal with the country's economic problems? This week, David Powell is joined by Kate Bell...
Nov 27, 2017•29 min
Pro-Brexit campaigners have argued leaving the EU means Britain can "take control" of its fisheries. But what does Brexit really mean for fishing communities, and for the future of our fish stocks? This week, Ayeisha Thomas-Smith is joined by Fernanda Balata, Senior Programme Lead for Coastal Economies at the New Economics Foundation, Griffin Carpenter, NEF Senior Researcher, and James Wilson, a mussel farmer in Bangor, North Wales. We also ask NEF Principal Director for Policy and Advocacy Andr...
Nov 20, 2017•21 min
The single market. The customs union. Making a deal with the EU or leaving on WTO terms. There’s a lot of jargon to contend with when we’re discussing the economics of Brexit. Sometimes it feels like we get so caught up in pretending we know what it all means that we forget to talk about the impact it’s going to have on people’s everyday lives. When we leave the EU, will some people lose their jobs? Will the things we buy become more expensive? Will businesses do better or worse under new tradin...
Nov 13, 2017•29 min
Politicians and economists have increasingly been talking about the risks of a future where robots make all of our jobs obsolete. But is that future already upon us? And in the meantime, are big companies using technology to create 21st century workhouses with bad conditions and even worse pay? In this episode from the archives, Stefan Baskerville, NEF’s Principal Director for Unions and Business, joins podcast regulars Alice Martin and Annie Quick to tackle the big issues – and the threat of ro...
Nov 06, 2017•26 min
Last month, Transport for London announced it was withdrawing ride-hailing firm Uber's license to operate in the capital. Despite complaints over passenger safety and poor treatment of drivers, many Londoners came to Uber's defence, valuing its convenience. But what if we could build something better than Uber – something that is just as convenient and competitive on price, but treats its passengers and drivers with respect? This week host Ayeisha Thomas-Smith is joined by NEF's Principal Direct...
Oct 30, 2017•30 min
A characteristic feature of British society in 2017 is division. Leavers are pitched against Remainers, young against old, graduates against non-graduates. But perhaps the starkest way of understanding social division in the UK is to consider the places where people live. A new report by the New Economics Foundation and Professor Will Jennings shows how electoral divisions have opened up between towns and cities in England. To explore this more, Ayeisha Thomas-Smith is this week joined by Lisa N...
Oct 23, 2017•24 min
After its recent ban in Scotland, fracking is firmly back on the media and political agendas. But is fracking a necessary economics boost for the country, or an environmental disaster we should avoid at all costs? This week host Ayeisha Thomas-Smith welcomes back NEF’s Environment Lead, David Powell alongside Weekly Economics Podcast newbie Hanna Wheatley, Researcher at NEF. — Enjoying the show? Tweet us your comments and questions @NEF! — Produced by James Shield and Huw Jordan. The award-winni...
Oct 16, 2017•27 min
We’re in the midst of political party conference season and we've already had more headlines and drama than most years... But apart from politicos and journalists gossiping about party splits, are the party conferences actually offering any answers to the problems this country faces? Lots of the headlines have been about internal disagreements in Labour and the Conservative party, but what have they and the other parties had to say about housing, Brexit, investment, our environment and the pound...
Oct 09, 2017•26 min
This week we're bringing you something a bit different - the first episode of a new podcast miniseries from our friends at the Centre for Labour and Social Studies (or CLASS for short). It's called CLASS on Class, and made by the same production team behind the Weekly Economics Podcast. Dr Faiza Shaheen presents an attempt to move past the superficial discussion of class politics we’ve had in Britain since the Brexit vote, featuring an all-star collection of guests. If you enjoyed this episode, ...
Oct 06, 2017•27 min
As large swathes of the Caribbean have been left devastated by Hurricane Irma, the issue of climate change is once again back on the global news agenda. It’s easy to feel defeated when the environmental crises we face are so immediate and huge. But action is urgently needed. In this special edition of the Weekly Economics Podcast (recorded before Irma took place), we explore some of the possible solutions, debate what real action looks like and how those most affected can be the most powerful ag...
Sep 13, 2017•25 min
The housing crisis is a hot topic at the moment. We often talk about who can buy, sell and rent houses - and how much they cost - but we rarely talk about the land beneath them. Lots of land in the UK is owned by the government and local authorities - public land. But a load of it is being sold off, from old hospitals to sites owned by the Ministry of Defence. The government says that we should sell it to developers to build houses on to deal with the housing shortage. But is that really happeni...
Aug 08, 2017•27 min