Why Is Britain Poorer Than Every US State? | IEA Interview

Podcast: IEA Podcast · Institute of Economic Affairs

Opublikowano: 2026-07-24

Institute of Economic Affairs Managing Editor Daniel Freeman is joined by economic historian Tyler Goodspeed to discuss his chapter in the forthcoming book The Great Stagnation: Why Britain Stopped Growing. Their conversation examines why the UK economy never fully recovered from the 2008 financial crisis, and makes the case that post-crisis bank regulation, not austerity or planning laws, is the key driver of Britain’s growth slowdown. Tyler explains that the UK is now around 30% poorer than it would have been on its pre-2008 trend, and would rank as the poorest US state if it were one. He ar...