From the left-ward shift of the Conservative Party in Britain, to the rise of Donald Trump in America, there seems to be a growing appetite for protectionism and central planning in contemporary politics. Steve and Kate examine some of the reasons behind this trend - and whether advocates of free trade are losing the "Battle of Ideas" in the 21st century.
They also look at what protectionist governments hope to achieve from adopting these policies - and how likely they will be to succeed in "bringing back jobs" for declining domestic industries.
Friday, 13 October 2017
The Latest bad idea in town: economic nationalism
From the IEA comes this podcast in which Kate Andrews and Steve Davies talk about the rise of economic nationalism.