Making Money

What's killing UK growth?

37 snips
May 12, 2025
Jon Moynihan, a venture capitalist and member of the House of Lords, dives into the reasons stunting UK growth. He argues for lower taxes and reduced government intervention, suggesting that excessive regulation is detrimental. Moynihan highlights the fallout from Brexit on trade, emphasizing the need for deregulation. He also compares the UK healthcare model with the U.S. and tackles the implications of bailouts and personal finance management in capitalism. With candid anecdotes, he shares insights on balancing success and privilege in today's economy.
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INSIGHT

Moral Importance of Growth

  • Economic growth is a moral imperative for improving lives globally and locally.
  • Without growth, wages stagnate and the average person cannot improve their standard of living.
INSIGHT

Regulation Hinders UK Growth

  • The UK’s economic issues stem mainly from government size, high taxes, and excessive regulation.
  • Regulation harms growth most by assuming government knows best and over-controlling.
ANECDOTE

Football Reflects Capitalism Risks

  • Football's risk-taking is like capitalism: successes and failures are natural.
  • Attempts to regulate football, like the football regulator, are unnecessary and stifle innovation.
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