Why are house prices in the UK so high? Here's how we can make housing affordable for ordinary people again.What I discuss in this episode:01:26 Why every city in the world has a housing crisis04:00 Understand that housing is an asset like shares, bonds, commodities07:40 Economists miss why assets are going up11:55 How rich people push up asset prices (and house prices)14:15 Wages do not control house prices16:33 Should we just build more housing?18:33 Inequality is reshaping our cities and creating slums21:27 Why we can't get growth24:13 The problem is inequality25:09 Cutting red tape and Grenfell Tower26:06 The rich always decide – we need to reduce their wealth
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28:07
This is how we stop the UK from falling apart
The UK's political and economic situation is grim, caused by growing wealth inequality and mass impoverishment. Gary has one message for the Labour government: a wealth tax could start to reverse the situation – and prevent the collapse of our society. He also has message for anyone tempted to vote for Reform (spoiler: stopping immigration won't fix the problem).In this first episode after a three month break, Gary brings us up to speed on everything that's happened in UK economy – and what we need to achieve in the coming months.
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25:11
How close are we to winning higher taxes on the rich?
In this last video before a break, Gary asks: just how close we are to convincing the government to tax the rich more? And reveals whether he's inviting Labour onto the channel or not. And discusses why the press have been attacking him. And explains where he's going exactly.
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32:33
The week Trump nearly crashed the world economy
The world just went totally mad. Here's what it means.
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53:32
They're teaching economics wrong – full interview with Ha-Joon Chang
Ha-Joon Chang is best selling author of '23 Things They Don't Tell You About Capitalism'. If you want to understand how our economic system is failing us, this is the economist to study.
New Zealand