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Sam Bowman joins me to discuss why Britain is approaching two lost decades of stagnant median wages and why the country is now far poorer than it should be. Sam argues that Britain does not lack talented people, capital or ideas; it has created a centralised political and regulatory system that makes building, investing, hiring and experimentation increasingly difficult.

At the centre of Sam’s argument is his “housing theory of everything”. Britain’s refusal to build enough homes in its most productive cities has made housing unaffordable, delayed family formation, reduced social mobility, weakened productivity and transformed property from somewhere to live into a scarce financial asset. We discuss why stamp duty locks people in place, how planning applications can cost hundreds of millions of pounds and why almost everyone has been given the power to veto growth.

We also discuss why inflation destroys social trust, how zero growth turns politics into a fight over a shrinking pie, why the civil service rewards legislation and risk avoidance, and how Britain’s “vetocracy” prevents almost anything from being built. Finally, we explore whether AI could release a new wave of productivity—or expose Britain’s inability to build the energy, infrastructure and institutions the technology requires.

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TIMESTAMPS
00:00 - Britain Has Stopped Building
00:53 - Britain’s Centralised State
05:20 - How Post-War Centralisation Broke Growth
08:25 - Two Lost Decades of Wage Stagnation
20:15 - Inflation Destroys Trust
22:03 - Zero Growth Makes Politics Zero-Sum
26:56 - The Housing Theory of Everything
30:30 - London’s Housing Misallocation
34:31 - Housing and Falling Birth Rates
38:05 - Why Homes Became Financial Assets
45:30 - Stamp Duty Is Britain’s Worst Tax
51:42 - Britain’s Broken Planning System
55:30 - The £297 Million Planning Application
1:00:00 - Give Local Government the Upside
1:04:23 - Can Britain Still Recover?
1:11:33 - How Quickly the Energy Debate Changed
1:29:37 - Government Rewards Risk Avoidance
1:37:03 - The Vetocracy
1:54:44 - Growth Unlocks Everything Else
1:56:02 - AI and Britain’s Future

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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
› Email – me@petermccormack.com
› Instagram – https://www.instagram.com/mccormack555/
› X/Twitter – https://x.com/petermccormack/

CONNECT WITH SAM BOWMAN
› Works in Progress – https://worksinprogress.co/
› X/Twitter – https://x.com/s8mb
› Substack – https://substack.com/@sambowman

SPONSORS
› IREN – https://www.iren.com/
› Arch Public – https://archpublic.com/peter
› Ledn – https://ledn.io/peter

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LISTEN / SUBSCRIBE
› Apple Podcasts: https://apple.co/40ruY9K
› Spotify: https://spoti.fi/3Wc94Vu
› Fountain: https://bit.ly/FountainPM
› YouTube: https://bit.ly/YouTube_PM
› Rumble: https://bit.ly/RumblePM

FILMED BY CURTIS TAYLOR
› https://www.curttaylor.co.uk/
› https://x.com/curttayloruk/

EDITED BY CONOR MCCORMACK
› https://x.com/ConorM04

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#Britain #Economy #Housing #Planning #EconomicGrowth

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Baby Sleeps Fast with Mozart | Brain Development Music for Smart Babies ????????

???? Welcome to Lumi Bayby Sleep Music!
In today’s video, your little one will enjoy peaceful Mozart melodies that help them fall into a deep, restful sleep while also supporting healthy brain development.

???? Scientific research has shown that classical music, especially Mozart, can stimulate learning abilities, improve memory, and support cognitive growth from an early age.

???? Perfect for:

Newborns to 6-year-old children

Nap time, bedtime, or calming moments
???? More videos for smart & faster baby sleep:
???? https://www.youtube.com/watch?v=1f57PpFW_rw&list=PL1AVRVJGCJt5qTMIJTn-DYefFnPcEt_h7 (Sleep in 5 mins)
???? https://www.youtube.com/watch?v=Nw0DgMqrbnk&list=PL1AVRVJGCJt7SDL30Nj85pGgX8DymiY-u (Brain Boost with Mozart)


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.
Donald Trump is exerting his grip on the Republican party ahead of this year's midterm elections, analysts say. This week, with the help of an endorsement from the president, Texas Attorney General Ken Paxton easily defeated Senator John Cornyn in a primary vote, to decide who will represent the GOP in November.

President Trump has campaigned against at least three Republican incumbents, including Kentucky Congressman Thomas Massie and Louisiana Senator Bill Cassidy - both of whom also lost their primaries.

Our Washington correspondent Daniel Bush tells us that President Trump uses his endorsements to reward loyalty and punish dissent. But how could that strategy affect the party's chances against the Democrats in the 2026 midterms - and beyond?

New episodes of the Global News Podcast are published twice a day. You can listen here: https://link.mgln.ai/GNP-YT

And you can find more of our YouTube episodes here: https://bbc.in/GlobalNewsPodcast

Subscribe to our channel here: https://bbc.in/bbcnews

For the latest news download the BBC News app or visit BBC.com/news

#BBCNews #trump #uspolitics #politics #midterms2026 #midterms

00:00 Introduction
00:34 Trump's endorsement in Texas
02:23 Kentucky and Louisiana primaries
03:44 Trump's low approval ratings
04:23 "Bad for the Republicans in November"
04:58 Is Trump worried about losing centrist voters?
06:14 Is Trump finished remaking the party in his image?
07:09 Trump's future influence
07:54 Has the Republican party changed forever?



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Mystery Diagnosis Season 6 Episode 7

The human body can hide terrifying secrets, and when the medical system fails to look close enough, patients are left fighting for their own survival and sanity.

First, a healthy toddler suddenly develops a lazy eye, followed by a rapid decline in his coordination—walking as if he is heavily intoxicated—and slowly losing his ability to speak. After doctors put the young boy through grueling tests and falsely diagnose him with a chest tumor, an MRI reveals a terrifying truth. Toxic iron deposits are mysteriously building up in his brain, actively killing his nerve endings and leaving him with a fatal, incurable genetic disease.

Next, a healthy teenage girl hits puberty and is suddenly plagued by a mysterious, foul body odor that destroys her social life and forces her into isolation. Desperate for a cure and tired of doctors dismissing her symptoms as poor hygiene, she undergoes extreme surgery to completely remove her sweat glands—only for the horrific smell to return within hours. It takes decades of humiliation before a rare urine test finally uncovers a metabolic disorder that makes her body physically unable to process the food she eats.

Welcome to The Reality Channel – your home for real drama, real transformations, and real stories! From celebrity struggles to business takeovers and unfiltered personal journeys, we bring you the most addictive reality shows featuring real people and their unbelievable lives.

???? Subscribe now and start watching—what are you waiting for?
https://www.youtube.com/channe....l/UCIOxzFlP4Gl0PBWYD

#TheRealityChannel