LIVE | Wealth tax debate: Arthur Laffer vs Aaron Bastani

Michael Simmons is joined live at Labour conference by TUC general secretary Paul Nowak to discuss the state of Britain’s labour market. Are higher wages and stronger employment rights making it harder to hire, or are taxpayers subsidising too many low-paid, insecure jobs? They also discuss energy costs, social care, taxing wealth and banks, and Labour’s biggest mistakes in government.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

What is fiscal ‘headroom’ – and why does it matter? Michael Simmons explains how Britain’s fiscal rules really work, why changes in borrowing costs can wipe billions off the Chancellor’s buffer, and why losing headroom does not automatically mean another round of tax rises.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Some whistleblowers from the AI industry claim there is a more than 10% chance that artificial intelligence could wipe out humanity within a few years. A group of mostly Labour MPs has written to Andy Burnham calling for action on existential AI risk, while conceding there is little the British government can do about it alone.Michael Simmons speaks to John Power about the incentives behind the warnings, whether AI can realistically be regulated and why more mundane harms, from AI-written complaints flooding bodies such as IPSO to hackers using chatbots, may deserve more attention. Are the doom-mongers sounding a genuine alarm – or selling the most powerful product ever built?This episode is brought to you by Artemis Fund Managers, for more information on our fund range please click here https://www.artemisfunds.com/Produced by Henry LloydBecome a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Arthur Laffer, the economist, former adviser to Ronald Reagan and architect of the Laffer Curve, goes head-to-head with journalist and left-wing author Aaron Bastani over one question: should Britain introduce a wealth tax?Chaired by The Spectator’s economics editor and host of the Reality Check podcast, Michael Simmons, they debate whether a wealth tax could raise significant revenue, or simply drive wealth and investment out of the UK.Spectator subscribers can watch the full debate at spectator.com/wealthtax.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

With two months to go until Andy Burnham and John Healey’s first Budget, speculation about tax rises is already beginning. But how much should we believe?Michael Simmons looks at five facts about Britain’s tax system that should shape the debate – from a tax burden heading towards post-war highs to the surprising reality that taxes on the average worker remain relatively low. And with the wealthy already heavily squeezed, is there really anyone left to tax?This episode is brought to you by Artemis Fund Managers, for more information on our fund range please click here https://www.artemisfunds.com/Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

The backlash to Channel 4’s The Great ADHD Myth has reignited a fierce debate over how we diagnose ADHD – and whether that debate itself is becoming impossible to have.Michael Simmons looks at the extraordinary rise in diagnoses, the gap between recorded cases and underlying prevalence, and asks whether we are increasingly medicalising normal variations in behaviour.Is Britain finally recognising a vast amount of unmet need – or has diagnosis begun to serve a social as well as a medical function?This episode is brought to you by Artemis Fund Managers, for more information on our fund range please click here https://www.artemisfunds.com/Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Britain is in the grip of another hot, dry summer, with hosepipe bans in force and fears growing about the country’s water supply. But are we really running out of water?Michael Simmons is joined by Reality Check reporter John Power to explain what is actually behind the shortages, whether Britain needs more reservoirs and why nationalising the water companies may not be the answer. They also ask what the drought tells us about the future of net zero – and how Britain should adapt to a changing climate.This episode is brought to you by Artemis Fund Managers, for more information on our fund range please click here https://www.artemisfunds.comBecome a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Britain wants to become an AI superpower – but does it have the electricity to power one? Data centres underpin everything from online banking and streaming to artificial intelligence, and demand for them is exploding. The government has designated them as critical national infrastructure and is promising billions of pounds of investment, but Britain’s ageing grid is already struggling to keep up.Michael Simmons asks whether the UK can build enough power stations, transmission lines and substations to support the AI revolution – and what the consequences could be for electricity bills, water supplies and local communities. He is joined by entrepreneur Michael Tobin and American energy journalist Robert Bryce to discuss why Britain needs data centres, the growing backlash against them and whether the country risks being left behind in the global AI race.This episode is brought to you by Alliance Witan investment trust. To learn more about the trust and how we’re helping investors find their comfort zone, please visit Alliance Witan (ALW) | Investment Trust.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Oliver Shah is a former journalist at The Sunday Times and now runs Newcome Advisory. On this week's Reality Check Oliver and Michael discuss why Labour can't build trust with the businesses, how the National Insurance tax hike was the poison pill for the private sector and whether it is still worth being an entrepreneur in Britain today. This episode is brought to you by Alliance Witan investment trust. To learn more about the trust and how we’re helping investors find their comfort zone, please visit Alliance Witan (ALW) | Investment Trust.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Andy Burnham has launched a major push to overhaul adult social care in England, seeking cross-party consensus for a new National Care Service. He has refused to rule out tax rises to fund the reforms. Michael Simmons speaks to the author and journalist David Goodhart about why social care should be reframed as prevention, whether salaries should be increased in social care and why the public isn't as worried as politicians tend to panic about. This episode is brought to you by Alliance Witan investment trust. To learn more about the trust and how we’re helping investors find their comfort zone, please visit https://www.alliancewitan.com/Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcastsContact us: [email protected] Hosted on Acast. See acast.com/privacy for more information.