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Democracy at risk? Economist and author laments the rise of authoritarianism

American libertarian academic Dr Tom Palmer took time out from a mini lecture tour to Kings College London and the LSE and gave a popular lunchtime talk at QE.

Active since the 1970s in promoting classical liberal ideas, he decried what he saw as the recent decline in American democracy, but expressed his beliefs that, with the application of optimism it can be successfully renewed, and that all democracies must constantly look to renewal to avoid decline and collapse.

In answer to questions from the boys, he also spoke of the importance of trying to undo damage done by Brexit and of cutting UK Government expenditure.

Politics teacher John Haswell said: “Dr Palmer delivered a compelling talk about the meaning of freedom and democracy, and the rise of authoritarianism. At the heart of his talk was the centrality of open discussion, the exchange of ideas and the importance of persuasion.”

The invitation to QE came about after Senior Vice-Captain Vu-Lam Le-Nguyen met Dr Palmer at an event organised by the John Locke Institute. QE’s well-attended talk in The Robert Dudley Studio was organised by Vu-Lam and his fellow Year 12 student, Keshav Aggarwal.

Dr Palmer travelled across Eastern Europe during the collapse of the USSR, facilitating seminars and distributing writings and resources. A Senior Fellow at the Cato Institute and Executive Vice President for International Programs at the Atlas Network, where he holds the George M Yeager Chair for Advancing Liberty, he has collaborated with NGOs and thinktanks worldwide on topics such as free trade, civil society, and individual rights. He drew upon these experiences in a talk which, with explanations and arguments grounded in academic theory, had the feel of a university lecture.

He spoke about the nature of democracy and its importance. The majority of the world’s population do not live in democracies, he pointed out. It is not enough to call yourself a democracy, or even to hold elections if the outcome is essentially already known.

Democracies are not the natural state of mankind, he added, highlighting the “error” made by George Bush and Tony Blair when they supposed in 2003 that simply deposing Saddam Hussein would see Iraq “transform itself into Oregon or Belgium or Britain or Japan. That did not happen.”

He outlined some of the characteristics of democracy, including: a loyal opposition; no fear that if you lose an election you will be arrested or killed; limited power; freedom of speech, or equal speech. He stressed that democracy is ‘government by discussion’.

As an individual, you have to listen to the other side and understand their arguments in order to truly know an issue. He also explored the nature of the law, drawing a distinction between ‘rule by law’ and the ‘rule of law’.

A development economist by training, he explained how important it is to understand local culture and context to create appropriate policies. Local knowledge and processes might not make immediate sense to an outsider, but there are often good reasons for those processes, perhaps based on local geography. You cannot just impose western methods and expect them to work, he said.

He has a PhD in politics from Oxford University, where he was an H B Earhart Fellow and President of the Oxford Hayek Society.

Dr Palmer is the author of books including Realizing Freedom: Libertarian Theory, History, and Practice and the editor of volumes such as The Morality of Capitalism, Why Liberty, and Peace, Love & Liberty. His writing spans major newspapers and academic journals, including The New York Times, Wall Street Journal, Washington Post, Los Angeles Times, Foreign Policy, Ethics, and the Harvard Journal of Law & Public Policy.

In the short Q&A at the end, he was asked what advice he would give the UK Government regarding the economy. He suggested:

  • Trying to undo some of the damage caused by Brexit by reducing trade friction with the European continent. He noted that there were reasonable people and arguments on both sides of the Brexit debate, but that things had not worked out as some of the more optimistic Brexiteers had imagined.
  • Cutting government expenditure. The UK government is spending too much, leading to higher taxes, which then impact growth, he said. He acknowledged it is difficult and that tough choices are needed, but it is necessary and the job of government to build the narrative.

 

 

Live life, love life, stop Parkinson’s!

Inspirational business leader Gary Shaughnessy gave QE’s younger boys a heartfelt message born out of his own experience of dealing with adversity.

Mr Shaughnessy was an international CEO of Zurich Insurance and at the peak of his career when, in 2015, he was diagnosed with Parkinson’s.

In a special Lower School assembly lecture, he spoke of how he overcame his initial despair and, with the help of his wife, used the news as a springboard into what became the happiest period of his life. He is now a philanthropist, an advocate for several charities and a fundraising athlete.

Thanking Mr Shaughnessy, QE Flourish coordinator Lev Crofts reflected afterwards on the talk: “He chose to accelerate his career rather than ‘stow’ it; to become involved in athletics, sports challenges and break multiple world records; and to become more involved in charity work – eventually becoming the chair of Parkinson’s UK. Ultimately, his message was about responding positively to difficulty, of seeing failure as opportunity, and to be appreciative of how much we are given by life.”

His entertaining lecture to Years 7–9 in the Shearly Hall included Mr Shaughnessy leading the boys in his regular chant of ‘Live life, love life, stop Parkinson’s’.

Mr Shaughnessy began his career in the UK financial services sector, holding key roles at the Automobile Association, the Bank of Scotland, and AXA, before joining Zurich in 2012 and rising to become its CEO for the Europe, Middle East and Africa region. In that role, he managed approximately 20,000 employees across 22 countries, driving major cultural and digital transformations.

He initially kept his diagnosis private, but came to recognise that openness could be both empowering and liberating, helping to challenge stigma in the workplace. By publicly sharing his condition, he became a visible example of strength and transparency for others living with chronic illness.

His philosophy – “focus on what you can do, not what you can’t” – reflects his belief in resilience, adaptation, and positive action.

Since his diagnosis he has completed numerous endurance events, including marathons, cycling challenges, triathlons and a 30 sports in 30 days feat – all to raise funds for Parkinson’s research. He even set Guinness World Records for the longest three-legged distances covered in 12 and 24 hours.

In the 2023 King’s Birthday Honours, he was appointed a Commander of the Order of the British Empire (CBE) for his contributions to business, his charitable leadership, and his work supporting people with Parkinson’s.

Mr Shaughnessy is Chair of the Z Zurich Foundation, which was established to help vulnerable people, and Chair of England Athletics.

 

Labour landslide nationally – but at QE, coalition government beckons!

While the country woke up on Friday to news of a Labour landslide in the General Election, at QE the political landscape looks very different, though still with scant consolation for the Conservatives.

In the School’s mock election, the Liberal Democrats emerged as easily the biggest party, with 21 of the 46 seats in QE’s parliament.

However, since he has no overall majority, the Lib Dems’ Ayaad Salahuddin has already struck a deal with Labour’s Shrey Verma, in second place, so that he can form a coalition government.

Headmaster Neil Enright said: “The mock election seeks to build awareness of the democratic process and get pupils engaged with campaigns, debates, polling and voting. My congratulations go to all the candidates for engaging so enthusiastically in the election process and especially to Ayaad on his victory.”

The run-up to the mock election included a hustings, where parties made their pitches and fielded questions from the audience. All the candidates were drawn from Year 12.

The boys have also been informed by visits in recent months of real politicians from all three leading parties. These were: Sir Vince Cable (former Liberal Democrat Leader and Business Secretary in the Coalition Government); Lord Michael Heseltine (former Conservative Deputy Prime Minister and long-serving Cabinet minister), and Labour’s parliamentary candidate (now new Chipping Barnet MP) Dan Tomlinson, following a previous visit from then local MP Theresa Villiers (Conservative).

Whereas in the country at large, the predictions of the exit poll proved quite accurate, at QE the story was very different: pre-election polling suggested the Conservatives would win, comfortably ahead of Labour, with the Liberal Democrats third. The actual result completely reversed this, giving the Lib Dems 21 seats, Labour 13 and the Conservatives only 7.

John Haswell, Acting Head of History & Politics, said: “The Lib Dems at QE ran a very successful social media campaign and built strong support among the younger year groups, where turnout was also higher.”

In fact, turnout among Year 7 was easily the highest, at almost 80%. Only small numbers of Year 11 cast votes, having recently completed their GCSEs, while Year 13 have already left (and no postal votes were available). One seat was allocated for each of the 46 forms in the School, excluding forms in Year 13.

In contrast to the overall School result, Year 12 gave strong backing to independent candidate Ayan Basharat.

The results were:

  • Ayaad Salahuddin – Liberal Democrats – 21 seats (45.6%)
  • Shrey Verma – Labour – 13 seats (28.3%)
  • Uday Dash – Conservatives – 7 seats (15.2%)
  • Arjun Mistry – Green Party – 3 seats (6.5%)
  • Rohan Varia – Reform Party – 1 seat (2.2%)
  • Ayan Basharat – Independent – 1 seat (2.2%)

 

Theatre director inspires younger pupils in ‘relatable’ talk about her career triumphs and challenges

Young theatre director and writer Neetu Singh’s story drew rapt attention from Lower School boys when she visited as part of the QE Futures programme.

Still aged only 24, Neetu founded Haldi, a collective for South Asian artists, while an English Literature undergraduate at Oxford and is now studying towards a Master’s in Creative Writing at Cambridge.

Her most recent work was as Assistant Director of The Cherry Orchard, directing the Bush Company’s 14–17 Young Company at the Donmar Warehouse in Covent Garden. The production of Chekhov’s masterpiece, which wowed the critics, finished its successful run on Saturday.

Assistant Head (Pupil Destinations) James Kane described her talk, given in a special assembly to Years 8 and 10 in the Main School Hall, as a “real highlight” of the term’s Lower School QE Futures activities. “Being from a south Asian heritage, she was able to relate to many of our students here at QE.

“Neetu spoke eloquently about the difficulties in constantly having to find work as a creative, saying that although there are many benefits, it is very stressful, particularly since she has financial responsibilities at home. Our boys really enjoyed seeing an alternative creative career prospect being executed well by someone who is young and relatable, and we will see how this impacts them in years to come when they graduate and enter the world of work.”

During her talk, she referenced working with actors Riz Ahmed and Adeel Akhtar, names many of the boys recognised from the satirical comedy film, Four Lions. Adeel played Lopakhin, one of the leading characters, in The Cherry Orchard.

She described the change from seeing these actors on screen as a child to then graduating and learning how to have the confidence to reach out to them and see if she could work with them.

Neetu’s CV as a writer and director features: being an alumna of the Squint Playwriting Award and Young Vic’s Fresh Direction Programme; assistant directing credits including Kabul Goes Pop with Brixton House, Noor with Kali Theatre and Run, Rebel with Pilot Theatre; and directing credits including Tako at the Camden People’s Theatre, Coconut at the Edinburgh Fringe, and Brown Girl Noise at the Camden Fringe.

She came to the School as part of QE Futures – a programme launched this year which aims to guide every pupil towards competitive degree-level university or apprenticeship courses and then to help them thrive both at university and beyond.

Other events organised this term by QE Futures Co-ordinator Nathan Lawson (pictured above with Neetu) included an assembly talk to Year 10 from Evangeline Addai-Gyimah, a lawyer-turned-broadcaster, about working in television. Evangeline, a Law graduate, joined Sky last year and works in sports broadcasting.

She also supported the School in February by speaking to boys at the Year 11 Careers Convention (pictured).

 

 

Target or trap? Economist tells sixth-formers why the Government’s 2% inflation goal is too low

Old Elizabethan academic and economist Sandeep Mazumder queried the Bank of England’s 2% inflation target and suggested it should be higher – not because it is too cautious, but paradoxically because it is too risky.

Sandeep (OE 1993–2000), who is Dean of Hankamer School of Business at Baylor University, Texas, spoke to the group of Year 12 economists before yesterday’s news that the inflation rate had fallen to 2.3%.

Although this is its lowest level in almost three years, the figure was still higher than expected. Political commentators believe that Prime Minister Rishi Sunak has called the early General Election on the strength of the apparently improving economic outlook.

Dean Sandeep, who has published widely on inflation dynamics and the Great Recession of 2007–2009, argued that inflation at 2% would limit the Government’s room for manoeuvre in cutting interest rates during times of economic difficulty, making it hard to escape a recession.

He argued instead for adopting a 3 or 4% target, which would give more flexibility with interest rate cuts, without the risk of inflation dropping to 0%. This is the level below which rates cannot be cut (the ‘zero lower bound’) without the potentially disastrous economic risk of people hoarding cash, rather than saving it in banks, the so-called ‘liquidity trap’.

Economics teacher Celia Wallace thanked Dean Sandeep, who spoke remotely to the School’s Gresham Society for Economics. He is a member of QE’s 450 Club member and has been very supportive of the Economics department.

“Sandeep introduced several new concepts to improve pupils’ depth of understanding, including the Fisher Equation to calculate real interest rates and the problem of the zero lower bound, which was the main basis of his talk.

“Within his critique of inflation targeting, Sandeep showed other policy options which countries can often consider, including price-level targeting – where a specific price index is targeted, rather than a growth rate.”

Afterwards, the sixth-formers asked a range of questions, including Avi Juneja’s cautious query about the issue of real wage cuts with a target of 3% or 4% inflation, and Abyan Shah asking about which method of targeting would be most effective for the UK: inflation targeting, price-level targeting, or average inflation targeting (a hybrid of both systems).

Sandeep gave plentiful career advice to all. He strongly expressed the need to follow one’s strengths and passions. He said he had chosen to go into academia and research as it was his passion, while also giving more of a life balance compared to other options, such as  banking.

 

Toughing it out: Sir Vince Cable spells out need for resilience on visit to QE

Former Liberal Democrat leader Sir Vince Cable first came to QE in 2016, a few months after losing his Twickenham parliamentary seat and more than a year before he won it back in the 2017 General Election.

Appropriately, then, during a lecture on his second visit, he urged on the boys the need for stamina and resilience.

His lecture came at the invitation of the School’s Politics Society. He duly gave afficionados of British Politics plenty to ponder on, giving his assessment of the likely result of the forthcoming General Election, while addressing the “more interesting questions” about what happens afterwards.

Headmaster Neil Enright said: “Sir Vince is a substantial figure in the British political scene, with a lifetime of experience to draw upon. We are grateful to him for visiting and sharing with the boys his valuable insights and advice.

“He stayed to answer further questions after the end of the formal session and was candid in his views with students. He was also generous with his time, and kindly donated a copy of his book, How to be a Politician, to The Queen’s Library.”

Earlier in the year, the Politics Society welcomed Labour’s prospective parliamentary candidate for Chipping Barnet, Dan Tomlinson, and it has previously hosted Theresa Villiers MP, who has held Chipping Barnet for the Conservatives since 2005.

Sir Vince announced his intention to retire from front-line politicis in 2019 and stood down at that year’s General Election. In July 2022, he was announced as Vice President of the European Movement.

His afternoon visit to QE was led by the society’s Rishabh Bhatt, of Year 12. Before taking questions from an audience drawn from all year groups in the Main School Hall, he gave some brief advice to any aspiring politicians. They should understand the importance of:

  • Being a good communicator – across all channels, including broadcasting and social media, yet without neglecting the skills required for speaking to people in person on the ground;
  • Building a team – recognising that even though the focus can often be on individuals, politics is ultimately a team game, so one needs to build a team and work cooperatively with others to get things done;
  • Developing persistence and resilience, cognisant of the fact that any politician is likely to face many setbacks.

With regard to the final point, he recalled that it took five attempts at running for Parliament before he first became an MP: he eventually won his Twickenham seat in 1997. His two-year hiatus from Parliament began as a result of the near-wipeout of the Lib Dems in 2015, yet after he won his seat back, he went on to become his party’s leader, serving for two years before retiring from front-line politics.

He also gave the example of Yvette Cooper, likely to be the next Home Secretary if Labour  win the forthcoming General Election. Although she has always retained her own seat, she has seen her party lose four elections since she was last in the Cabinet from 2008–2010 under Gordon Brown’s premiership.

He noted that the UK’s first-past-the-post (FPTP) electoral system is very significant and makes life difficult for smaller parties to break through, with only two parties ever really being in contention. The Lib Dems were aiming to get back to being the third party in the Commons, with the opportunities that presents, such as being able to ask regular questions at PMQs. But, he said, this will depend on what happens in Scotland with the SNP.

Assessing how the General Election may go overall, he said that a Labour government seems the most likely at present, but that it was entirely possible that it would not have the big majority that some, taking their cue from opinion polls, are assuming.

He focused on two questions relating to the election’s aftermath. Firstly, what would become of the Conservative Party if it did suffer the predicted heavy defeat. Would the Conservatives move to the populist right, closer to, or perhaps merging with, Reform UK? Would they attempt to position themselves as moderates in the centre-right – more like PM David Cameron’s coalition in which he served as Business Secretary? Or could the Conservative Party even cease to exist as an election-winning force – declining like the Liberal Party in the 1920s?

Secondly, he wondered, what would Labour actually do in power? They would face a difficult economic situation and the same long-term challenges as the current government, he pointed out, and it was unclear as yet as to how they would respond.

Sir Vince answered questions focussing on his career. These included: his move from Labour to what became the Liberal Democrats alongside the Gang of Four (a group of leading politicians who broke away from Labour in 1981); the 2010–2015 Conservative-Lib Dem Coalition (“a good, stable government… good for the country, but bad for the [Liberal Democrat] party”); the role of tactical voting in the next General Election (“always important”); the prospects in that election for the Lib Dems – they were targeting a return to 30-35 seats, he said; and the sale of Royal Mail when he was Business Secretary (it was necessary and not a bad deal at the time, he said, given that people now communicate electronically, not by letter, so the business model had to change in any case).