Mike Bird

Mike Bird, Wall Street editor at The Economist, dives into the exodus of finance pros from New York, highlighting plummeting employment due to high taxes and costs. Avantika Chilkoti, global business correspondent, reveals the shifting trends in the drinks industry, noting a rise in non-alcoholic options and premium products. Corbyn Duncan introduces Sky is Your God, a Chinese rapper capturing global attention with his unique blend of Memphis rap and Cantonese opera, powered by viral TikTok fame.

Mike Bird, Wall Street editor, discusses the exodus of finance professionals from New York, citing high taxes and living costs as key factors. Avantika Chilcotti reveals a shift in drinking habits, pointing to a decline in Western alcohol consumption and the rise of non-alcoholic options. Corbyn Duncan introduces the Chinese rapper Sky is Your God, exploring his unique blend of Cantonese opera and catchy beats that have captivated global audiences, showcasing the evolution of rap in China.

Mike Bird, Wall Street editor at The Economist and author of The Land Trap, dives into the pivotal economics of land ownership. He discusses how rising land prices channel credit away from innovation, harming productivity. Bird explores the concept of the 'land trap,' where booming land values lead to economic stagnation. He highlights the unique land histories of nations like Japan and Singapore, examining how these factors affect corporate productivity and societal mobility. It's a thought-provoking look at the world's oldest asset and its ever-evolving impact.