second only to health/safety change in banking immediately changes lives of families and generations whereas infrastucture and natural resources multiply national impacts over time- financial services has at least 3 segments - how its designed for people, for big organisations, for pensions ang goverment
since 1950, in developed countries - quarter of humans) changes in tech have caused changes in finance first- some peoples have leaped into banking consider those most linked to developed west, development of china region, rest of developing world- we will map what happened to innovation of tech to the west which has had access to 4 tech revolutions from 1950 rural, space-communications, engineering , computing brain power- china that had access to rural revolution in 1970s, engineering from 1980s, all tech from about 2005, and bangladesh which accesses rural change from 1970, has for most of its people not yet accessed engineering change, has joined in other tech between 1995-2005 thanks to being the epicentre of ngo sdg economy - epicentre fazle abed- of course in a world of 200 nations there are other hybrid models but decide which if any of these three is one your peoples need to understand first because big data collection has gone global - see society 5.0 and osaka track g20 2019
key system transformations -paper non-digital banking operations, digital operations, consumer digital atm and cards and end of community banking. mobilising change in commerce and banking, integrating all post 1950 tech revolution- finance needed to be a future affair that teachers and students questioned before youth began livelihoods- since 1760 alumni of adam smith and james watt glasgow u birth of industrial revolution have recommended mediating these questions openly - how much of wealth and natural resources do the top 10 and 500 people control- is your society one in which 3 halves of people - women youth and poor each have less than 10% voice in the future of their generation

putting our species at risk- wall streets bankers and washington lobbyists and careless media moguls did the worst job ever at end of 2000s- can ny's biggest fund managers return the planet to all families as we enter 2020s - search worldrecordjobs -biggest marketmakers bezos and ma - then join us at -or help us value goal of worlds biggest -search - google versus microsoft; health&safety investor bloomberg vs soros; largest funds fink versus mitsubishi ; education for all schwarzman versus hongkong-singapore partners -supercity adaptability ban ki-moon versus masa-son; big decision makers events schwab vs guterres; rural villages fazle abed partners

we also thank the baltimore branch of for sharing its investigative scholars of everything that's crazy about 21st financial services that thurgood marshall wouldn't have let rip

dec 2020 Washington thinktanks have become in most cases as dismal as the supreme leader trump making these exceptions absolutely brilliant 1 2
this economics policy series shows how banking in america has been serially designed to tip off the poor and the young - and even when the rich elders mess up they demand the poor and young bail them out- i now see why my father as early as 1980s described macroeconomics as totally fame political chicanery nothing to do with the origins system designs of the first 200 years of followers of adam smith moral sentiments- see also

Saturday, March 7, 2020

seems like lot of good stuff- dad did lot of volunteer work eg on their judging panel for economic prizes and writing the hundredth hobart leaflet- this reviewed the first 100 hobarts and how paper currency was the most common crisis 

brexit would never have happened with subprime 2008 - the whole of europe is run for big bureaucrats and germany's reunification - viruses and wars know no borders when people in brussels behave like king canute- we invite people from every european country to come up with ideas on win-wins with another european country and look forward to fringe festival of adam smith debates on free trade between communities everywhere during cop26 glasgow nov 2020
----- Forwarded message -----
From: Institute of Economic Affairs <>
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Sent: Wednesday, 4 March 2020, 11:35:49 GMT-5
Subject: ICYMI: Fowl play

March 2020
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ICYMI: The IEA Newsletter!

  • Fowl play
  • Adam's curious task
  • Intern opportunities
  • Calling all teachers
  • What's in a name?
  • You’re invited!

Fowl play

Chlorinated chicken has become totemic once again in all things Brexit, since most British consumers associate chlorine with domestic bleach.

But are the arguments put forward by certain groups to keep US meat out of the UK market thinly veiled protectionism? Or are they simply addressing justifiable concerns on food standards and safety?

On this week’s IEA podcast, host and Digital Manager Darren Grimes discusses the topic with the IEA’s Head of Regulatory Affairs, Victoria Hewson.
You can subscribe to our podcasts on Apple PodcastsSpotify and Podbean.

Curious task

Elsewhere, the Canadian Liberal Institute interviewed Director of EPICENTER, Adam Bartha, on the rising tide of populism in Europe and the ongoing political realignment on their weekly podcast the "Curious Task".

Adam spoke about the rise of authoritarian ideas on the European political spectrum and the dangers they pose for liberal democracies. 
Left- and right-wing populists across Europe are united in their stance against free trade, open societies, and the rule of law. 

He outlined how free market liberals should address new policy areas and reach out to new allies in order to further their cause of open, global societies.
Listen to the full episode here.

Intern opportunities

Know anyone who'd like to take part in the IEA's acclaimed internship programmes?

We have a wide range of programmes - from week-long internships for Sixth Formers to longer-term general internships. 

All our internships will introduce you to free market ideas and expand your knowledge of free markets and free society.

But don’t take our word for it. Here’s just one of the many testimonials we’ve received from former interns:
“Joining the internship scheme at the IEA was a truly rewarding experience and I would recommend it to anyone with an interest in economics and freedom. I learned valuable skills in logistics, events planning and team management, whilst being academically stimulated through discussions, seminars and lectures with other interns and staff.”

Click here to learn how to apply for an internship, and be sure to pass on the details to anyone you know who might be interested.

Calling all teachers

How best to measure an economy’s success?
Later this month, the IEA is hosting an event for teachers, examining the ways we can measure economic success - including by GDP, growth, productivity and inequality.

Aimed at teachers of economics and related topics at A-Level/IB/Scottish Higher, the events will include talks from IEA Economics Fellow Julian Jessop and our Head of Education Dr Stephen Davies.

The event will take place on 10th 
March, from 9.45am - 2.30pm at the University of Buckingham.

Register here.
If you’d like to reserve a place, follow the links above or email Ralph Buckle at Please also include the name of your school.
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What's in a name?

Libertarian illusion... 

Socialists are fond of modifiers these days. We've had "democratic socialism", “millennial socialism” and libertarian communism to name but a few.
But as the IEA's Head of Political Economy Dr Kristian Niemietz argues on our blog this week, these distinctions are "wholly illusory" - and socialism will always be authoritarian in its actual practice.



The EU has influenced the UK’s environmental policy agenda in a number of ways. Simply retaining what has been inherited from the EU would prove ineffectual for the UK in developing a cost-effective approach to tackling climate change.
Writing for our blogIEA Research Assistant Luke Warren argues that unshackled from the EU, the UK can formulate a coherent environmental programme.

Make trade woke again..?

The inherent neutrality of trade has recently come under fire. The WTO has said that trade should be "postively gender biased" and in the UK, the Women's Budget Group has called for more gender sensitivity in trade policy.

But, as Maria Chaplia argues on our blog this week, trade is a great tool for empowerment, precisely because of its impartiality.

Read more of our blog here

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You're invited!

In conversation with John Humphrys 

Former BBC veteran John Humphrys will be our special guest for a forthcoming IEA Book Club event.

John – who hosted Radio 4’s Today programme from 1987 until last year – will join us to discuss his fascinating memoir, A Day Like Today, in which he looks back at his remarkable career, reflects on the politicians he interrogated and weighs in on the role of the BBC.

The event will take place from 6 to 8pm on Monday, 9th March here at the IEA and places are sure to be in much demand. If you would like to attend please email
You can also find out all about the IEA Book Club – which brings you year-round invites to exclusive events with top authors here.

New Vision? The Future of the BBC

The IEA is delighted to host a panel discussion on ‘New Vision? The Future of the BBC’

The UK Government has launched a public consultation on whether non-payment of the TV licence fee should remain a criminal offence. This marks a significant opportunity for the BBC, and its funding model, to change. But should we go further? 

The IEA recently published ‘New Vision: Liberating the BBC from the licence fee’ which sets out a proposal for a subscriber-owned mutual, along the lines of the National Trust, so could that idea gain momentum.

Join us and our panel on 16th March, 6-8pm for a lively discussion about the potential routes the BBC may embark upon, including that proposed in New Vision’.

Register above to ensure your spot, or alternatively email
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