Is the Age of Growth in the UK Really Over?

Is the Age of Growth in the UK Really Over?

Dambisa Moyo is an economist and board member of Chevron and 3M. She’s also author of the 2018 book Edge of Chaos. In this week’s episode of Merryn Talks Money, Moyo and host Merryn Somerset Webb discuss whether the world has finally slipped off the edge.

Moyo says it feels that way. Most economies were already stagnating before the pandemic struck, she says. Growth was trending downwards, productivity was a problem and it was hard to see how countries could all grow their GDPs at 3% a year.

Now there’s a new and urgent question, she says: what to do with people who won’t have work in an AI dominated economy. It won’t be long before pretty much every country—even the UK—has too many workers, she warns. There are, however, some easy wins Britain can notch, she says. Namely, lowering taxes and loosening regulations. The UK has gotten a bad rap thanks to Brexit and political uncertainty, Moyo says, but that doesn’t mean it can’t take advantage of its intellectual base and prime location.

Sign up to John Stepek's daily newsletter Money Distilled. https://www.bloomberg.com/account/newsletters/uk-wealth

And as promised, Baroness Moyo's Maiden Speech.

See omnystudio.com/listener for privacy information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(366)

What Is 'Manchesterism'— And Will It Boost Britain's Economy?

What Is 'Manchesterism'— And Will It Boost Britain's Economy?

Merryn Somerset Webb and John Stepek are joined by Cavendish's Roger Lee to unpack Andy Burnham's North Star of "Manchesterism" and what it could mean for the UK economy, markets, and investors. They ...

3 Jul 30min

Is Vintage Jewelry the Next Great Investment?

Is Vintage Jewelry the Next Great Investment?

Could vintage jewelry be one of the smartest real assets to own right now? Merryn Somerset Webb speaks with vintage jewelry expert Emma de Sybel, a former banker who is now the director of Baroque Roc...

1 Jul 19min

Man Group's Ed Cole: How to Adapt Your Portfolio to a Changing World

Man Group's Ed Cole: How to Adapt Your Portfolio to a Changing World

Despite agreeing that AI is likely as transformative as its proponents argue, Ed Cole, head of multi-strategy equities at Man Group, believes it’s too early to understand whether there’s a bubble. Mea...

29 Jun 40min

Markets Wrap: Gilts, Gold and AI’s Price Tag

Markets Wrap: Gilts, Gold and AI’s Price Tag

Merryn Somerset Webb is joined by Sam Unsted, editor of Bloomberg’s Markets Today blog. Together they discuss rallying UK gilts in the wake of Prime Minister Keir Starmer’s resignation, inflation fear...

26 Jun 16min

How Much Could Andy Burnham Cost You? 

How Much Could Andy Burnham Cost You? 

Can Andy Burnham keep his promises without hitting Britons in the pocket? Merryn Somerset Webb speaks with Bloomberg's Phil Aldrick about the tax hikes, spending pressures and economic realities facin...

24 Jun 22min

Carson Block: AI Could Trigger the Next Financial Crisis

Carson Block: AI Could Trigger the Next Financial Crisis

Carson Block believes investors may be underestimating the economic consequences of artificial intelligence. The Muddy Waters founder and CEO joins Merryn Somerset Webb to explain why recent advances ...

22 Jun 43min

Passive Investing, SpaceX and the AI Boom: Are Markets Too Concentrated?

Passive Investing, SpaceX and the AI Boom: Are Markets Too Concentrated?

Merryn Somerset Webb and Bloomberg Opinion columnist and senior markets editor John Authers discuss how SpaceX’s market debut has highlighted the hidden risks of passive investing, from index concentr...

19 Jun 26min

The SpaceX IPO: Opportunity or Overvalued?

The SpaceX IPO: Opportunity or Overvalued?

The SpaceX blockbuster IPO has captivated retail investors, but what happens after the initial excitement fades? Merryn Somerset Webb speaks to Hargreaves Lansdown's Anna Macdonald about the extraordi...

17 Jun 16min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
aftenbladet-intervjuer
rss-skravla-gar
finansredaksjonen
rss-pa-konto
pengepodden-2
utbytte
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
lederpodden
liberal-halvtime
pengesnakk
okonomiamatorene
rss-politisk-preik