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Episode Description
Lord Malcolm Offord joins me to discuss why Britain and Scotland have stopped creating wealth.
They discuss state spending, political fragmentation, Scotland’s elections, Adam Smith, The Wealth of Nations, QE, the Bank of England, first jobs, minimum wage, small businesses, quangos, the managerial class, Reform, the Greens, America, and whether Britain needs a welfare economy or a wealth economy.
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TIMESTAMPS:
00:00:00 - Britain Forgot How to Create Wealth
00:01:01 - Two Revolutions at Once
00:01:36 - Is Democracy Fragmenting?
00:05:36 - Is the State Too Dysfunctional to Deliver?
00:07:30 - Spending More and Getting Less
00:08:42 - Scotland’s Political Warning
00:10:06 - “I Won’t Vote for Decline”
00:11:22 - Britain Has Stopped Creating Wealth
00:13:21 - How to Think vs What to Think
00:16:50 - Why First Jobs Matter
00:23:12 - Business Prevention Officers
00:27:14 - Trickle-Up Economics
00:30:34 - QE Protected the Rich
00:37:31 - The Managerial Class
00:40:48 - Parliament vs the Public
00:44:42 - Why Voters Are Fed Up
00:50:28 - Can Reform Fix the System?
00:55:05 - Welfare Economy vs Wealth Economy
00:58:37 - Can the State Get Any Bigger?
01:04:34 - Britain Is Being Left Behind
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FILMED BY CURTIS TAYLOR
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EDITED BY CONOR MCCORMACK
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