What’s wrong with Britain’s economy? With Sam Bowman

单集文稿 ...

• 00:03

  A recent essay by Ben Southwood,

• 00:05

  Samuel Hughes and Sam Bowman about Britain's economy opens with some cor blimey statistics.

• 00:11

  Britain has pretty much the same population size as France, but nearly 20% fewer homes.

• 00:17

  Between 2004 and 2021, the industrial price of energy doubled relative to consumer prices.

• 00:23

  And tram projects in Britain are two and a half times more expensive than French projects on a per mile basis.

• 00:30

  This essay goes on to argue

• 00:31

  that these figures are behind Britain's economic stagnation that Britain has done badly over the past 15 years

• 00:38

  because it has,

• 00:38

  quote, banned the investment in housing, transport and energy that it most vitally needs.

• 00:45

  This week we are going to ask why Britain's economy has stagnated.

• 00:57

  This is the Economics show with Samaya Cainz.

• 00:59

  I'm joined here in London by Sam Bowman,

• 01:01

  one of the essay's authors and founding editor of Works In Progress,

• 01:05

  the publishing arm of the payments company Stripe.

• 01:07

  Sam, hello.

• 01:08

  Hi.

• 01:10

  Okay, so I'm going to start with a silly question on a completely arbitrary scale,

• 01:14

  on a scale of 1 to 10, how much of Britain's economic problems are because it has banned building?

• 01:20

  So one is none.

• 01:22

  This is an irrelevant issue.

• 全部文稿