Free Daily Podcast Summary
IEA Podcast: Daily Summaries Delivered
by Institute of Economic Affairs
The Institute of Economic Affairs podcast examines some of the pressing issues of our time. Featuring some of the top minds in Westminster and beyond, the IEA podcast brings you weekly commentary, analysis, and debates.
Latest Episodes
The most recent episodes — sign up to get AI-powered summaries of each one.
- 4 days ago46 min
Scrap Stamp Duty, Scrap Inheritance Tax? | IEA Podcast
In this Institute of Economic Affairs podcast, host Lord Hannan is joined by Christopher Snowdon, IEA Head of Lifestyle Economics, and Kristian Niemietz, IEA Head of Political Economy, for their regular economics and politics round-up. This episode covers the Bank of England’s decision to hold interest rates amid rising inflation, the case for and against scrapping inheritance tax and stamp duty, new government rules dictating what schools can serve for lunch, and the resurgence of Just Stop Oil protests against a backdrop of shifting public opinion on net zero.On interest rates, the panel debate whether the Bank is right to hold steady given inflation driven largely by oil and petrol prices, and whether expectations of future rises are justified. They then turn to tax, weighing up the practical costs of inheritance tax collection against the principle of taxing unearned wealth, before broadly agreeing that stamp duty is one of the more damaging taxes to scrap first. On school food, they question the evidence behind new rules limiting pastry, breadcrumbs and processed meat, and argue the policy should be a matter for individual schools rather than national government. The conversation closes with a look at why Just Stop Oil and Extinction Rebellion protests have returned, and why net zero, once an unchallenged cross-party consensus, is now facing a growing electoral backlash as energy costs rise.The Institute of Economic Affairs is a registered educational charity. It does not endorse or give support to any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. The views represented here are those of the speakers alone, not those of the Institute, its Managing Trustees, Academic Advisory Council members or senior staff. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe
- 1 weeks ago25 min
How Britain Became a Command Economy Without Anyone Noticing | IEA Briefing
In this Institute of Economic Affairs briefing, IEA managing editor Daniel Freeman is joined by his colleague Dr Christopher Snowdon to discuss his new paper, The Capitalist Command Economy, out today. They examine how the Government increasingly directs private companies to meet political targets, on heat pumps, electric vehicles, and food reformulation, while leaving them nominally in private hands.Snowdon explains how so-called “voluntary agreements” with industry are backed by the implicit threat of regulation, pointing to the ZEV mandate’s fines on car manufacturers and the food reformulation scheme’s sugar and calorie targets. He discusses the Government’s growing suspicion of the price mechanism, from energy bills to rent controls, and cites IEA polling showing the public wildly overestimates supermarket profit margins. The conversation also compares this system to Nazi Germany’s economic model and the FDR-era United States, before turning to post-Brexit farm subsidies and closing on why consumers, not politicians, ultimately decide what succeeds.The Institute of Economic Affairs is a registered educational charity. It does not endorse or give support to any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. The views represented here are those of the speakers alone, not those of the Institute, its Managing Trustees, Academic Advisory Council members or senior staff. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe
- 1 weeks ago48 min
Nearly 1 Million Young People Not in Work: Is Britain Facing a "Lost Generation"? | IEA Podcast
In this Institute of Economic Affairs podcast, host Maeve Halligan is joined by Managing Editor Daniel Freeman and Head of Lifestyle Economics Christopher Snowdon to discuss the new Chancellor’s first major speech as well as its emphasis on fiscal devolution, deregulation and “public control”. They unpack how and why nearly a million young people are now classed as not in education, employment or training, and examine new international test results showing England’s pupils holding steady while Scotland and Wales fall behind.The conversation opens with an assessment of the Chancellor’s speech, questioning whether its talk of devolved spending pots and light-touch regulation marks a genuine shift from the previous Treasury approach or simply a change in presentation, and examining what the pledge for “public control” over industries such as water and buses would actually mean in practice given the state of the public finances. Daniel Freeman and Christopher Snowdon then turn to the findings of the ongoing review into youth unemployment, discussing why so many young people are being signed off with mental health conditions, how sickness benefit assessments have changed since the pandemic, and what reform might look like. The episode closes with a look at the 2025 PISA results, in which English pupils held their position against a backdrop of declining outcomes across most of the OECD, while Scottish and Welsh results fell sharply, and what that divergence suggests about curriculum reform and its link, or lack of one, to economic growth.The Institute of Economic Affairs is a registered educational charity. It does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems.The views represented here are those of the speakers alone, not those of the Institute, its Managing Trustees, Academic Advisory Council members or senior staff. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe
- 2 weeks ago33 min
Brexit & Austerity: What Actually Stalled UK Growth? | Julian Jessop
In this Institute of Economic Affairs interview, IEA Managing Editor Daniel Freeman is joined by Julian Jessop, Economics Fellow at the IEA, to discuss his chapter in the new IEA book The Great Stagnation: Why Britain Stopped Growing. The conversation covers the impact of austerity and Brexit on Britain’s economic growth since the 2008 financial crisis, and asks how much either can really explain the slowdown.On austerity, Julian argues that the “savage cuts” of the 2010s are largely a myth: headline public spending continued to grow in real terms through the decade, even as it fell as a share of national income. He makes the case that controlling the deficit after 2008 was necessary to avoid a bigger crisis, while acknowledging that capital spending, including on prisons, was cut further than it should have been. He also connects the tighter borrowing conditions the UK faces today, sometimes called the “idiot premium”, to concerns that the Government is not as serious about the public finances as the coalition was in the early 2010s.On Brexit, Julian argues the overall economic data shows it was largely a non-event, with UK growth tracking similarly to France and Germany since 2016. He points instead to high energy costs as a better explanation for the UK’s underperformance, and sets out benefits from Brexit including new trade deals, lower tariffs, smarter regulation and reduced budget contributions to the EU. Asked to score austerity and Brexit out of ten for their role in Britain’s growth slowdown, Julian gives both a zero.The Institute of Economic Affairs is a registered educational charity. It does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems.The views represented here are those of the speakers alone, not those of the Institute, its Managing Trustees, Academic Advisory Council members or senior staff. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe
- 2 weeks ago45 min
The Bond Market Is Panicking — Should We Be? | IEA Podcast
In this week’s IEA Podcast, IEA Director General Lord Hannan is joined by Dr Kristian Niemietz, the IEA’s Editorial Director and Head of Political Economy, and Dr Christopher Snowdon, Head of Lifestyle Economics. They discuss the sharp rise in UK borrowing costs, with ten-year gilt yields hitting their highest level since 2008, and ask when rising bond yields actually tip over into a sovereign debt crisis. The conversation covers the parallels with the 2022 mini-budget, why bond markets have become so attuned to political rhetoric, how bond markets actually work, and whether Britain and the wider world are heading for a fresh bout of inflation.Niemietz and Snowdon also examine the causes of Britain’s economic stagnation, and challenge the argument, revived in a recent speech by Andy Burnham, that the slowdown can be traced back to Margaret Thatcher’s reforms in the 1980s. They set out why the 1980s and Major years were, by historical standards, a period of strong growth, and question what a modern “post Thatcherite” settlement actually looks like.The discussion turns to Donald Trump’s deal securing a share of Venezuela’s oil reserves, the Netherlands’ decision to move its gold reserves from the US to the UK, and what these episodes suggest about the reliability of American alliances. They close by discussing the psychological impact of Trump’s foreign policy on the UK and its allies, the Democratic Party’s choice of presidential candidates, and whether the old guard of Reaganite conservatism looks more appealing by comparison.The Institute of Economic Affairs is a registered educational charity. It does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems.The views represented here are those of the speakers alone, not those of the Institute, its Managing Trustees, Academic Advisory Council members or senior staff. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe
- 2 weeks ago1h 11m
How Britain Lost Two Decades of Growth | IEA Events
Great Stagnation: https://iea.org.uk/publications/46605/Purchase the book: https://www.amazon.co.uk/Great-Stagnation-Britain-Stopped-Growing/dp/0255368607This event marks the launch of the Institute of Economic Affairs’ new book, The Great Stagnation: Why Britain Stopped Growing. The panel is chaired by Daniel Freeman, Managing Editor and Deputy Editorial Director at the IEA, with opening remarks from Lord Daniel Hannan, Director General of the IEA, and Andrew Griffith MP, Shadow Chancellor of the Exchequer. The panellists are Tom Clougherty, independent policy advisor and former Executive Director of the IEA; Julian Jessop, Economics Fellow at the IEA; Julia Williams, co-founder of the Centre for British Progress; and Kristian Niemietz, Editorial Director at the IEA. Together they examine why UK growth per head has flatlined over the past two decades, and what might be done about it.Andrew Griffith opens by setting out the scale of the problem, from record government borrowing to interest payments that now exceed the combined defence and NHS budgets, before making the case for lower taxes, deregulation and reform of employment law and judicial review. The panel then turns to the causes of the slowdown. Tom Clougherty argues that post financial crisis regulation choked off business investment and looks at how repeated spikes in marginal tax rates on capital have held back recovery, while Julian Jessop makes the case that neither austerity nor Brexit can explain Britain’s poor performance.Julia Williams raises the risk that Britain is unprepared for the economic disruption of artificial intelligence, given how much of the economy depends on service sector jobs. Kristian Niemietz sets out his “defence of stupid growth”, arguing that the UK simply does not build enough homes, roads or energy capacity to sustain growth, whatever else it gets right. The discussion closes with audience questions covering tax on high earners, comparisons with Sweden and the Nordic countries, South Korea and the United States, and the effect of an ageing population on Britain’s growth prospects.The Institute of Economic Affairs is a registered educational charity. It does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems.The views represented here are those of the speakers alone, not those of the Institute, its Managing Trustees, Academic Advisory Council members or senior staff. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe
- 3 weeks ago53 min
Britain's Tax Burden Is the Highest Since 1947 | IEA Podcast
In this Institute of Economic Affairs podcast, IEA Director Daniel Hannan is joined by Kristian Niemietz, IEA Head of Political Economy, and Maeve Halligan, IEA Spokesperson, who has just joined the Institute. They discuss intergenerational fairness, examining a report from the IPPR which proposes taxing older homeowners more heavily to help younger people, and the collapse in graduate job opportunities, with entry-level roles falling from 55,000 in 2017 to around 8,000 today.The conversation turns to the effect of minimum wage increases and higher employer National Insurance on youth unemployment, which has risen sharply since 2022. They also discuss the expansion of university education, arguing that too many young people are funnelled into degrees rather than apprenticeships or technical education, and consider the Government’s proposed mansion tax, including the prospect of tax inspectors assessing property values above £2 million. The discussion also covers why the UK’s tax burden, now around 40% of GDP, is at its highest level since 1947.The episode closes with a look at Iceland’s referendum on reopening negotiations to join the EU, weighing up what Iceland stands to gain or lose on fisheries, agriculture and trade if it were to give up its current arrangement within the European Economic Area.The Institute of Economic Affairs is a registered educational charity. It does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems.The views expressed here are those of the speakers alone, not those of the Institute, its Managing Trustees, Academic Advisory Council members or senior staff. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe
- 3 weeks ago34 min
Why Young People Can't Get Jobs Anymore | IEA Interview
In this Institute of Economic Affairs interview, part of the Great Stagnation series, host Daniel Freeman speaks to Professor Len Shackleton, the IEA’s Head of Labour Economics, about how labour market regulation has affected UK economic growth. They discuss how Britain’s labour market has become steadily less flexible since the financial crisis, and what that has meant for redundancies, hiring, and how quickly employers can respond to economic change.Len explains why the minimum wage is more complicated than a simple “does unemployment spike or not” question, covering its effect on youth unemployment and NEETs, wage compression further up the pay scale, and how the minimum wage now effectively sets pay for around a quarter of private sector workers. He also looks at how the growth of employment mandates, from the Equality Act to unfair dismissal rules, has pushed up the cost of hiring, and argues that many of these costs end up being paid by workers themselves through lower wages rather than by employers.The conversation also covers the rapid rise of occupational licensing in Britain, which now covers 22% of the workforce, up from 13% in 2011, with examples including social work and undertaking. Len rates employment regulation as one of the more significant barriers to UK economic growth. If you would like to read Len’s chapter on labour market regulation, it is available in digital format now, with the full book, The Great Stagnation: Why Britain Stopped Growing, out in paperback on 2 September.The Institute of Economic Affairs is a registered educational charity. It does not endorse or give support for any political party in the UK or elsewhere. Our mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit economicaffairs.co.uk/subscribe
Get IEA Podcast summaries in your inbox
Free AI-powered daily recaps. Key takeaways, quotes, and mentions — in a 5-minute read.
Get Free Summaries →Free forever for up to 3 podcasts. No credit card required.
You Might Also Like
Listeners also like.
Economist Podcasts
Daily global news analysis from correspondents on major international stories.
The Intelligence from The Economist
Global news and analysis on politics, business, and culture from The Economist’s correspondents, with weekday stories and a weekend deep-dive.
It's The Economy
A weekly breakdown of economic concepts and their real-world impact, explained by experts in short, accessible episodes.
Analysis
Examines the ideas and forces shaping public policy in Britain and abroad with writers, journalists, and academics.
The Martin Lewis Podcast
Martin Lewis provides financial advice and money-saving tips by answering listener questions.
Babbage from The Economist
A weekly exploration of science and technology, from AI and genetics to space travel, featuring interviews with leading researchers.
Optimist Economy
Economists discuss U.S. economic challenges and practical solutions to improve outcomes for workers, retirees, and aspiring Americans.
The Bottom Line
Evan Davis interviews business leaders about major industry challenges, leadership decisions, and the realities of running organizations.
The Development Podcast
Explores global development challenges through data, research, and innovative solutions from the World Bank Group.
Newscast
A daily news podcast from the BBC that breaks down major headlines and political developments with expert journalists.
The Indicator from Planet Money
A daily economics podcast offering short, accessible insights into money, work, and business.
Pod Save the UK
Comedians and journalists analyze UK politics with guests, offering insight and solutions on current events.
Customized Recaps
AI-powered recaps with compact key takeaways, quotes, and insights.
Straight to Your Inbox
Get key takeaways from IEA Podcast in a 5-minute read.
Save Hours Every Week
Stay current on your favorite podcasts without falling behind.
Frequently Asked Questions
What is Podzilla's IEA Podcast daily summary?
It's a free AI-powered email that summarizes new episodes of IEA Podcast as soon as they're published. You get the key takeaways, notable quotes, and links & mentions — all in a quick read.
How does the IEA Podcast podcast summary work?
When a new episode drops, our AI transcribes and analyzes it, then generates a personalized summary tailored to your interests and profession. It's delivered to your inbox every morning.
Is this an official IEA Podcast product?
No. Podzilla is an independent service that summarizes publicly available podcast content. We're not affiliated with or endorsed by Institute of Economic Affairs.
Can I get summaries of other podcasts too?
Absolutely! The free plan covers up to 3 podcasts. Upgrade to Pro for 15, or Premium for 50. Browse our full catalog at /podcasts.
How often does IEA Podcast release new episodes?
IEA Podcast publishes every few days. Our AI generates a summary within hours of each new episode.
What topics does IEA Podcast cover?
IEA Podcast covers topics including News, Education. Our AI identifies the specific themes in each episode and highlights what matters most to you.
Start getting IEA Podcast summaries tomorrow morning.
Free forever for up to 3 podcasts. No credit card required.
Free forever for up to 3 podcasts. No credit card required.