The Drayton Discourse
The Drayton Discourse
The Economist's Society
The Drayton Discourse is an exciting podcast series brought to you by the Academic Events team of The Economist’s Society, here at University College London! Our episodes allow you to listen in to stimulating discussions with world-renowned economists. From ground-breaking ideas to revolutionary research, our guests share their thoughts, opinions and, most interestingly, personal stories which put together, teach us a good deal of economics and a great deal of life.
The Drayton Discourse: James A. Robinson on Culture and Institutions, Political Economy, and Developing an Effective State
In this episode, economist, political scientist, and author James A. Robinson shares his insights on a varied range of topics including the influence of culture, the vicious cycle of extractive institutions, and establishing trust in the government. He also highlights the need for understanding context when it comes to the use of economic models as basis forming policies. Professor Robinson also gives his thoughts on where he would choose to live 50 years from now. 0:00 Introduction1:29 Career8:13 Interplay of culture and institutions22:41 Political Economy38:22 Building and Developing an Effective State48:51 Thought Experiment
Oct 31, 2022
51 min
The Drayton Discourse: Steve Keen on Debunking Economics, Financial Instability, and Politics
In this episode, economist Professor Steve Keen shares his thoughts on an array of topics including the shortcomings of neoclassical economics, financial instability, debt and deregulation. He also discusses the intersection of politics and economics through the lens of his candidacy for the senate in the most recent Australian election.  He highlights the importance of government policies to tackle issues such as global private debt and the looming climate crisis.Professor Steve Keen also gives his policy recommendations to global leaders and his advice to students reading economics.0:00  Introduction1:10 Debunking Economics10:48 Financial Instability, Debt and Deregulation18:43 Intersection of Politics and Economics27:12 Thought Experiment
Oct 14, 2022
30 min
The Drayton Discourse: David Yanagizawa-Drott on pluralistic ignorance, social norms, and media
 In this episode, development and political economist Professor David Yanagizawa-Drott shares his views on a number of areas including the importance of social norms, the impact of protests, and how to navigate media regulation alongside free speech. He emphasises the applicability of behavioural trends to various topics, such as female labour market participation and the Rwandan genocide.Professor Yanagizawa-Drott also gives his advice to young economists and students interested in research, as well as giving us an insight on who he would like to meet from the past.00:00 Introduction05:05 Social norms and pluralistic ignorance13:52 Media and protests40:35 National celebrations45:03 Thought experiment and advice
Aug 26, 2022
50 min
The Drayton Discourse: John Van Reneen on innovation, productivity, and government intervention
In this episode, economist Professor John Van Reenen shares his insights on an interesting array of topics including the future of ideas, how to influence sustainable long-term growth, and the balance of innovation and intervention.  He highlights the importance of government policies to create the scientists of the future to tackle problems such as “The Lost Marie-Curie” effect and diminishing marginal returns to productivity. Professor Van Reenen also gives his take on time travel and what innovation looks like 50 years down the road. 0:00 Introduction3:12 Ideas and Innovation12:01 Fall of Labour Share20:56 Thought Experiment
Aug 26, 2022
25 min
Leah Boustan on Immigration, Urbanisation and Race
What is the role of big cities in the post-pandemic world? Could there be another “White Flight” after the civil unrest and COVID-19 in the US? In our last episode of the Drayton Discourse for this summer, the Economist’s Society is proud to host Prof Leah Boustan, an economist at Princeton University. In this episode, we discuss the use of technology to aid research in economic history, how more women can participate in Economics today, and to what extent has COVID-19 impacted patterns of migration and urbanisation. Prof Boustan also shares her insights on racial issues plaguing society today, and which pattern of events in history she was most impressed by.
Sep 23, 2021
30 min
Juliet Schor on Consumerism, the Platform Economy and the Social Media Age
Could the platform/gig economy become sustainable? To what extent can the education system help people lower their consumption levels? In our 3rd episode of The Drayton Discourse, we are proud to host Prof Juliet Schor, a sociologist at Boston University. Hear her talk on her career shift from economics to sociology, the challenges of the platform economy, and the trends in growth and consumption today. 
Aug 23, 2021
46 min
Tim Harford on Statistics, Vaccine Patents and Carbon Taxes
Should COVID-19 vaccine patents be waived? What is the role of GDP today? We are proud to have Mr Tim Harford, the Undercover Economist himself, on our second episode of the Drayton Discourse. Hear him talk about his fantastic career (including stints in Shell, the World Bank and the Financial Times), his latest book "How to Make the World Add Up", and which historical figure he would love to host on his podcast. 
Jul 28, 2021
44 min
Yanis Varoufakis on Academia, the EU and Digital Currencies
Is technology contributing to making the world safer? What is the role of academia and politics today? Hear Professor Yanis Varoufakis talk about his views on the recent decisions by the G7, the EU and more today!
Jul 3, 2021
41 min
Kenneth A. Reinert on International Trade, Basic Goods and Creating Capabilities
Ever heard of the saying “Basic goods are basic rights”? Keen on learning the future of international trade? In this episode, deepen your understanding of multilateral trade agreements and discover a new way to measure human progress by listening to American public policy expert and international economist Professor Kenneth A. Reinert!Professor Reinert discusses everything from the impact of the Trump administration on the WTO to the drivers and obstacles to economic growth. Further, he highlights how narrowing the agenda from the 169 SDGs to 10 Basic Development Goals can be a more effective way of creating capabilities. Last but not least, our esteemed guest shares motivational advice and supportive words for graduating students all across the world.
Sep 15, 2020
29 min
Jeremy Stein on Finance, Unorthodox Ideas and Policymaking
Pondering about the financial implications of Covid-19? Intrigued by new economic tools argued in the news? Let your questions be answered by the American macroeconomist, former Board member of the Fed and Harvard academic, Professor Jeremy Stein!In this episode, our distinguished guest gives his opinion on how the pandemic is being addressed by policymakers, shares his thoughts on unorthodox ideas, such as Modern Monetary Theory (MMT), and reveals key insight on his career as an academic and at the Fed. In our thought experiment, Professor Stein muses about a better integration between the two main components of the Fed: monetary policy, and regulation and financial stability.
Aug 14, 2020
39 min
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