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Downstream: Who’s Behind the Institute of Economic Affairs? w/ Kristian Niemietz

Novara Media

Novara Media

Philosophy, News, Politics, Society & Culture

4.81.4K Ratings

🗓️ 21 January 2025

⏱️ 83 minutes

🧾️ Download transcript

Summary

The Institute of Economic Affairs is one of the most powerful and secretive think tanks in the UK, known for promoting free-market Thatcherism as a solution to all of our economic woes. Who’s behind it? This week, Kristian Niemietz, a director at the IEA and a long-time Novara Media hater, sits down with Aaron for […]

Transcript

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0:00.0

The Institute for Economic Affairs, the IEA, is a think tank based in Westminster, London.

0:14.0

It's been around for more than 50 years, was very closely associated with the premiership of one Margaret Thatcher, and more recently came to be associated with the premiership of one Margaret Thatcher and more recently came to be

0:23.0

associated with Liz Truss, remember her. So it's fair to say that the IEA is on the right of politics,

0:32.1

they're free market liberals, they're neoliberals, they want more markets, less state. Naturally, over the years,

0:40.4

I've disagreed with them, I've jousted with them online, dare I say, after Liz Truss,

0:45.3

I even teased a few of them. And we thought it was time to get somebody from the IA in the same room

0:51.2

as myself. We could talk about all the things that we disagree about.

0:57.6

Today's guest is an economist from the IEA.

1:00.5

They have a rather, I think, funny persona online.

1:05.3

Christian Nemitz, welcome to Downstray.

1:08.0

My pleasure. It had to happen eventually.

1:09.9

It had to happen eventually. It had to happen eventually.

1:11.7

The Waluigi of the IEA to the Luigi of Navarra Media.

1:19.9

The evil kermit, you might not see it that way.

1:22.7

Either way, we've got to give the people what they want.

1:24.7

Yeah, which is a good old debate, conversation.

1:29.0

Absolutely.

1:29.6

Maybe we even agree on something, I don't know.

1:32.4

You are yourself German.

1:34.2

Mm-hmm.

1:34.7

From whereabouts in Germany?

1:36.3

From the southwest, from the wine route, state of Rhineland-Platonate.

...

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