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Gavin Oldham

Thought for the Week: Democracy’s struggle with the long-term

Gavin Oldham
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Thought for the Week

Thought for the Week: Democracy’s struggle with the long-term
Democracy is a great blessing, but it has a major Achilles Heel — it is not good at coping with all the long-term issues which are growing in number and importance. Trying to address long- and short-term issues together without specific definition will always handicap the former. That's why Princess Anne focused correctly on this challenge in her interview with the Canadian Broadcasting Corporation — but monarchy can do little more than draw attention to the problem, which needs constitutional and political resolution. We propose a way forward out of this dilemma, suggesting how the United Kingdom can set a course for the democracies of the world to follow. Background music: 'Saving the World' by Aaron Kenny Image source: BBC Research, based on National Archives Federal Reserve Economic Data
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Gavin Oldham

Thought for the Week: Reigning Forwards — or Reining Back?

Gavin Oldham
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Thought for the Week

Thought for the Week: Reigning Forwards — or Reining Back?
As we progress through the pomp and splendour of the Coronation over the next few days, many will be asking themselves ‘what is the relevance of the monarchy in today's world?’. Will King Charles reign forward, spending the majority of his time travelling the world and building one human family in which discord can become a thing of the past? Or will he just rein back here in the United Kingdom, allowing parochial pressures for contraction to eclipse this wider opportunity? Background Music: 'World's Sunrise' by Jimena Contreras; image by Mark Tantrum - https://gg.govt.nz/image-galleries/official-portraits, CC BY 4.0 via Wikimedia
Guest:

Maxi Maintzer

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Gavin Oldham

Thought for the Week: Investing in Energy

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Investing in Energy
Dire warnings about the damage from climate change, plus the war in Ukraine, mean that we need to wean ourselves quickly off fossil fuels. However the investment markets are very slow in re-aligning opportunities in quoted investment markets: personal investors need to be able to invest in massive renewable energy projects such as Xlinks, but private equity and institutions have got in there first. We need a thorough overhaul of the investable energy sector to provide socially acceptable alternatives to fossil fuels. Background music: 'Boundless Energy' by Nate Blaze
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Gavin Oldham

Thought for the Week: Understanding Stock Ownership

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Understanding Stock Ownership
The first SHARE conference in Cambridge last Friday provided much food for thought, and comments particularly drew attention to the need for widespread understanding of stock ownership if 'Stock for Data' is to take hold. In financial terms and because equity stock in companies is a surrogate for human enterprise, earnings from capital growth and dividends massively outperform bonds and cash over the long term; meanwhile stock owners have a key role in contributing to the governance of their companies, as employee shareownership has shown. All this needs straightforward and intelligible communication. Background music: 'Communicator' by Reed Mathis
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Gavin Oldham

Thought for the Week: Economic Dynamism across Generations

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Economic Dynamism across Generations
There's a real logic to maintaining economic dynamism throughout the broad span of adult life: our commentary today picks up on recent reports in The Times on the extent to which parents and grandparents help out, on the value of incentivising young people to build early experience in the workplace, and how fresh ideas and opportunities can bring new potential for those of more mature years. If you don't use it, you'll lose it, body and mind: and we shouldn't get too fixated on retirement! Background music: 'Everything Has a Beginning' by Joel Cummins
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Gavin Oldham

Thought for the Week: Resurrection

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Resurrection
The climax of the Easter story, for those of a Christian persuasion, is resurrection: something which should concern us all, because we're all going to die one day — and this is about life after death. Drawing on reason and logic, and referencing great intellectual thinkers throughout history, Revd. Canon Rosie Harper contributes her thoughts to help you make sense of it all. Background music: 'Erev Shel Shoshanim' by E's Jammy Jams Image source: BBC Share Radio webpage for links & text https://www.shareradio.co.uk/thinkingaloud/newsletters/comment-wc-2023-04-03/
Guest:

Rosie Harper

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Gavin Oldham

Thought for the Week: Customer Stock Ownership to the Rescue?

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Customer Stock Ownership to the Rescue?
At first sight the challenges facing TikTok and John Lewis appear very different. For the former, it's the risk of being denied access to much of the free world as regulators clamp down over concerns of it becoming a major security threat. For the latter, John Lewis's need to raise investment is threatening the partnership which staff and customers hold in such high regard. These very different problems could, however, both be solved by applying customer stock ownership — in TikTok's case, in return for the immense wealth creation made possible by data harvesting; in John Lewis's case, in return for that £2 billion which they urgently need to update their business model. In each case, disintermediation leading towards a more egalitarian form of capitalism. Background music: 'On Hold' by Silent Partner
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Gavin Oldham

Thought for the Week: Holding Government to Account

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Holding Government to Account
The big ticket item this week is the House of Commons Privileges Committee, which is holding a televised evidence hearing with Boris Johnson on Wednesday 22nd March. Select Committees do an important job holding Government to account, and the most powerful is the Public Accounts Committee which oversees the delivery efficiency and effectiveness of Government programmes. They're able to draw on objective analysis provided by the National Audit Office whose latest investigation, published last week, is into the huge Child Trust Fund programme. Background music: 'People Watching' by Sir Cubworth
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Gavin Oldham

Thought for the Week: Underlying Principles for Taxation

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Underlying Principles for Taxation
For the past 250 years, starting with Adam Smith, there have been valiant attempts to set out principles for taxation: but they have been principally domestic, and with no attempt to address inter-generational rebalancing. Without specific provisions requiring hypothecation of inheritance levies it's hard to see how disadvantaged young people can be empowered with resources and life skills so that all may share in future wealth creation. Don't expect change in this week's Budget, but the Treasury Select Committee should look again at the principles they established over ten years ago. Background music: 'Dark Alley Deals' by Aaron Kenny
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Gavin Oldham

Thought for the Week: Boris deserves credit for eventual Irish-EU pragmatism

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Boris deserves credit for eventual Irish-EU pragmatism
“Give your grace abundantly to our European Union Leaders, that they may lead with wisdom and insight”, prayed Archbishop John Sentamu in early 2019. But it only became possible to knock sense into Brexit negotiations with the EU once Boris, armed with his very direct slogan ‘Get Brexit Done’ and with his impressive parliamentary majority following the December 2019 general election, took the EU bull by the horns. We all knew then it couldn't be the end of the story and, sure enough, we now have the Windsor Framework: but let's give credit where credit's due. Background music: 'When Johnny Comes Marching Home' - Cooper Cannell
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