CEME & IEA Event: Restoring Confidence in the Market – July, 2022

On Wednesday 6th July 2022 the Centre for Enterprise, Markets and Ethics (CEME) and the Institute of Economic Affairs (IEA) hosted a joint event to discuss the topical question of whether the UK public has lost faith in free markets, and if so what might be done about it.

CEME’s Director, Revd Dr Richard Turnbull, presented startling polling undertaken by CEME which reveals that the general public and churchgoers views of the market differ dramatically from those of the elites in business or the church and considers what this might signal. Has business lost confidence in business?

Sir Bernard Silverman FRS (statistician and former President of the Royal Statistical Society and Chief Scientific Adviser to the Home Office) and Victoria Hewson (lawyer and IEA Head of Regulatory Affairs) contributed their thoughts on whether businesses themselves have caused the loss of confidence in the market or if other factors are at play. Panellist comments were followed by Q&A with the audience.

The event was chaired by Lord Griffiths of Fforestfach.