Hay Festival 2022 – Economics

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Event 11

Events taking place live 26 May–5 June 2022

Minette Batters, Peter Hetherington, Nick Palmer ​and Adele Jones

Hay on Earth Forum: Reconnections – Land, People and Farming Futures

Venue: Llwyfan Cymru – Wales Stage
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Approximately 75% of UK land area is used for agriculture, providing employment for around 472,000 people. The food and agriculture sector also accounts for a rising 30% of our carbon footprint, presenting an urgent need to reframe land and reinvent farming.

In a net zero world, land will need to sustain inter-cropping, livestock, pasture, biodiversity, water services, carbon sequestration and more. The prospect of new food and farming policies for the UK provides the opportunity to do things differently and we now have a much better understanding of how farming and nature can co-exist and, indeed, benefit each other. But as we strive for just transitions that leave no one behind, what are the implications of making these shifts? Minette Batters is President of the NFU, Peter Hetherington is a journalist and author of Whose Land is Our Land? and Land Renewed: Reworking the Countryside and Nick Palmer is Head of Compassion in World Farming UK. Chaired by Adele Jones, Deputy CEO, Sustainable Food Trust.

Price: £8.00
 
Minette Batters, Peter Hetherington, Nick Palmer ​and Adele Jones

Event 31

Events taking place live 26 May–5 June 2022

Jeremy Hunt talks to Rachel Clarke

Zero: Eliminating Unnecessary Deaths in a Post-pandemic NHS

Venue: Festival Friends Stage
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Mistakes happen. In most fields the consequences are limited, but in healthcare they can be fatal. Every week in England there are 150 avoidable deaths. Most tragedies could be prevented simply and cheaply if we were better at learning from mistakes. Instead, the system ‘goes after’ someone when something goes wrong, and the result is a blame game that stops learning and allows the same mistake to be repeated, often countless times.

Zero investigates how the NHS can reduce the number of avoidable deaths to zero, and in the process save money, reduce backlogs and improve working conditions. Former Health Secretary Jeremy Hunt speaks to NHS palliative care doctor, writer and former broadcast journalist Rachel Clarke about the imperative to deliver the safest, highest quality care in the NHS post-pandemic – our own 1948 moment.

Price: £12.00
 
Jeremy Hunt talks to Rachel Clarke

Event 68

Events taking place live 26 May–5 June 2022

Mariana Mazzucato, Jamie Susskind and Gillian Tett in conversation with William Sieghart

Imagine… Democracy: What Matters in Society?

Venue: Festival Friends Stage
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Our panel of experts debate the role of governments within the economy and society, the digital challenges facing society and how to recover a sense of public purpose. Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London where she is Founding Director of the Institute for Innovation and Public Purpose. Jamie Susskind is a barrister and author of the award-winning Future Politics: Living Together in a World Transformed by Tech. His new book, The Digital Republic: On Freedom and Democracy in the 21st Century, will be released in June. Financial Times journalist Gillian Tett is author of Anthro-Vision: How Anthropology Can Explain Business and Life. They talk to entrepreneur and publisher William Sieghart.

Price: £10.00
 
Mariana Mazzucato, Jamie Susskind and Gillian Tett in conversation with William Sieghart

Event 71

Events taking place live 26 May–5 June 2022

Linda Davies and Nick Bashall

10 Things Everyone Needs to Know About Money

Venue: Starlight Stage
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Money… we’re not educated about it at school and we don’t like to talk about it at home. The money world likes to keep its own secrets. Yet it’s more important than ever that we understand it. Linda Davies knows that world inside out. She takes us on an inspiring, non-conformist tour aided by some live drawing on screen by artist Nick Bashall.

Linda Davies is an ex-investment banker, now a consultant, writer, speaker and investor. She shows us how we can improve our financial, physical and mental health, and lead more sustainable lives, fighting back against the consumerist, debt-fuelled political-economic models that hold sway globally. Renowned portrait painter and ex-corporate lawyer Nick Bashall has created a series of satirical cartoons inspired by Daumier and Hogarth, which capture the essence, idiocies and excesses of the financial world.

Price: £10.00
 
Linda Davies and Nick Bashall

Event 153

Events taking place live 26 May–5 June 2022

Oliver Bullough

Butler to the World

Venue: Llwyfan Cymru – Wales Stage
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In his timely new book Butler to the World: How Britain Became the Servant of Tycoons, Tax Dodgers, Kleptocrats and Criminals, the award-winning investigative journalist reveals how the UK took up its position at the elbow of the worst people on Earth – the oligarchs, kleptocrats and gangsters – and explains what steps we can take to change Butler Britain’s underhand ways.

Price: £12.00
 
Oliver Bullough

Event 164

Events taking place live 26 May–5 June 2022

Catherine Belton, Bill Browder and Oliver Bullough

Imagine… Democracy: Let’s Talk About Putin

Venue: Baillie Gifford Stage
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Catherine Belton is author of Putin’s People: How the KGB Took Back Russia and Then Took on the West. She is an investigative correspondent for Reuters and worked from 2007 until 2013 as Moscow correspondent for the Financial Times. Bill Browder is a financier and activist whose new book Freezing Order exposes Vladimir Putin’s campaign to steal and launder hundreds of billions of dollars and kill anyone who stood in his way. They join Oliver Bullough, author of Butler to the World: How Britain Became the Servant of Tycoons, Tax Dodgers, Kleptocrats and Criminals, to discuss these themes in relation to Putin’s path to war.

Price: £10.00
 
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Catherine Belton, Bill Browder and Oliver Bullough

Event 170

Events taking place live 26 May–5 June 2022

Diane Coyle

Lunchtime Lecture: Cogs and Monsters – What Economics is and What it Should be

Venue: Llwyfan Cymru – Wales Stage
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Cambridge economist Professor Diane Coyle explores the enormous problems – and opportunities – facing economics today if it is to respond effectively to the ongoing disruption of the technology revolution and help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency.

Price: £8.00
 
Diane Coyle

Event 222

Events taking place live 26 May–5 June 2022

Tony Fadell talks to Anita Anand

Build

Venue: Festival Friends Stage
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Tony Fadell spent the first ten years of his 30-year career in Silicon Valley failing miserably, before leaving his mark building the iPod and iPhone and starting Nest. He learned the hard way that throwing away the old and starting from scratch is not always the optimal route to success. Sometimes old school guidance provides the necessary wisdom, whether you’re looking for your first job, contemplating a career change, mapping out a start-up or selling a company. What you need at those junctures is a mentor, someone who has been in the trenches and can give it to you straight.

Tony now leads the investment and advisory firm Future Shape, where he mentors the next generation of tech start-ups that are working to change the world for the better. He joins us at Hay to talk about the importance of great mentors, how to deal with terrible failure and phenomenal success and why he believes that the world’s first tech trillionaire will be someone who helps to fix climate change.

Price: £10.00
 
Tony Fadell talks to Anita Anand

Event 261

Events taking place live 26 May–5 June 2022

Aja Barber, Sara Vaughan and Dilys Williams

The Environmental & Social Cost of the Fashion Industry & What We Can Do About It

Venue: Llwyfan Cymru – Wales Stage
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The fashion industry is the third most polluting industry in the world after oil and agriculture. Did you know that at the beginning of the Covid pandemic, dozens of global fashion brands refused to pay for an estimated $40 billion worth of finished goods, leaving millions of garment workers and their families without payment, savings or support of any kind? Did you know it can take 2,700 litres of water to make a T-shirt? And that in the UK an estimated £140m worth of clothes is sent to landfill each year? It's an industry that encourages consumers to buy poor-quality clothes, worn an average of seven times before being discarded. Find out why the current business model is broken and what each of us can do about it. Aja Barber is the author of Consumed: The Need for Collective Change – Colonialism, Climate Change and Consumerism, Sara Vaughan is an Innovator and Global Chief Purpose & Sustainability Advisor to Marie Claire and Dilys Williams is Founder and Director at the Centre for Sustainable Fashion at London College of Fashion.

Price: £10.00
 
Aja Barber, Sara Vaughan and Dilys Williams

Event 266

Events taking place live 26 May–5 June 2022

Nick Carter and Francis Fukuyama talk to Emma Graham-Harrison

A New World Order?

Venue: Llwyfan Cymru – Wales Stage
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Russia’s invasion of Ukraine has had devastating impacts on people and property but the implications for future world politics, business and society are also massive and potentially game-changing. Is it the end of multilateralism and globalisation? Will global supply chains become regional and national by necessity, making us rethink entire value chains and systems? Is this the end of liberal globalism?

General Sir Nick Carter, who was Chief of the Defence Staff, head of the British Army, until November 2021, and political scientist and economist Francis Fukuyama, author of The End of History and Liberalism and its Discontents (who appears via video link) discuss the implications with Emma Graham-Harrison, International Affairs Correspondent for the Observer.

Price: £10.00
 
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Nick Carter and Francis Fukuyama talk to Emma Graham-Harrison

Event 314

Events taking place live 26 May–5 June 2022

Michael Wooldridge

Life Lessons from Game Theory

Venue: Festival Friends Stage
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When are you in a strong position to negotiate a pay rise? Why is President Putin so hard to read? Game theory is relevant every time people or organisations interact – from parlour games to global conflicts. Michael Wooldridge explores game theoretic thinking, and what game theory can tell us about why our social, political and economic world is organised the way it is. He is Professor of Computer Science at the University of Oxford, and a fellow of Hertford College, Oxford, one of the world’s leading researchers in Artificial Intelligence (AI), and has published two popular science introductions to AI: The Ladybird Guide to Artificial Intelligence (2018) and The Road to Conscious Machines (2020).

Price: £8.00
 
Michael Wooldridge

Event 321

Events taking place live 26 May–5 June 2022

Brigitte Baptiste, Partha Dasgupta and Rosie Boycott

How to Keep the Biodiversity

Venue: Starlight Stage
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Partha Dasgupta’s landmark report last year on the economics of biodiversity was commissioned by HM Treasury, and was the first such report in the world to put economic value on the services that nature provides us – from clear air, healthy soil and drinking water. He is Frank Ramsey Professor Emeritus at University of Cambridge and focuses his research on welfare and development economics, and environmental and resource economics. Ecologist Brigitte Baptiste is an authority on the management and care of Colombia’s biodiversity and Rector of Ean University in Bogotá, Colombia. They discuss biodiversity, climate change, sustainability, economics, and farming with the author, journalist and publisher Rosie Boycott, a member of the Climate and Environment Committee in the House of Lords.

Price: £10.00
 
Brigitte Baptiste, Partha Dasgupta and Rosie Boycott

Event 326

Events taking place live 26 May–5 June 2022

Kate Bingham talks to Fiona Fox

Women & Power: Achievements, Challenges and Hopes for the Future

Venue: Llwyfan Cymru – Wales Stage
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Kate Bingham is a bio-tech venture capitalist brought in to lead the government’s vaccine taskforce in 2020. She was one of the most prominent figures in the handling of the pandemic in the UK, taking the lessons learnt from her six-month period leading the task force as critical reflection on how health crises can be better handled at present and in the future. Awarded a DBE in the Queen’s Birthday Honours in June 2021, she is committed to the battle against disease, and is joined by Fiona Fox, Science Media Centre Chief Executive, to discuss her work, challenges, and hopes for the future.

Price: £10.00
 
Kate Bingham talks to Fiona Fox

Event 327

Events taking place live 26 May–5 June 2022

Paul Polman in conversation with Nik Gowing

Net Positive

Venue: Cube
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Climate change and inequality are ravaging the world and costing billions. Who will help lead us to a better future? Business. These massive challenges, as well as pandemics, resource pressures and shrinking biodiversity threaten our existence. The push for a clean economy and the focus on diversity and inclusion offer exciting opportunities to heal the world, and prosper by doing so. Government cannot do this alone. Business must step up.

The co-author of Net Positive: How Courageous Companies Thrive by Giving More Than They Take offers key lessons from Unilever and others about how to profit by fixing the world’s problems. Courageous leaders are already making it real. Polman was CEO of Unilever 2009–19 and serves as Vice-Chair of the UN Global Compact.

In conversations with Nik Gowing, founder and director of the Thinking the Unthinkable project, former main presenter at BBC World News, trustee of the Hay Festival

Price: £10.00
 
Paul Polman in conversation with Nik Gowing

Event 355

Events taking place live 26 May–5 June 2022

Christina Lamb talks to Katya Adler

Women & Power: The Prince Rupert Hotel for the Homeless

Venue: Festival Friends Stage
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When the pandemic hit, the government launched its ‘Everyone In’ programme, aiming to house the homeless through lockdown. The Prince Rupert, a four-star hotel in Shrewsbury with four-poster beds, was asked to play its part and host 33 rough sleepers. The hotel owners and rough sleepers, many of whom had been out of housing for decades, spent months locked in together and ended up transforming one another’s lives. In a profound, heartwarming and heartbreaking tale, Christina Lamb, Sunday Times Chief Foreign Correspondent, gives a panoramic insight into this country, its people and how they are often failed.

Price: £10.00