Rory Sutherland: The Cost of Living Crisis, Behavioural Science, Solving Problems & More

Рет қаралды 4,220

Күн бұрын

Пікірлер: 34

@guru47pi Күн бұрын

Finally, someone pointing out the disconnect with house prices. The news stories are interesting; no matter what happens with home prices, it's presented as a disaster. "Home prices increase, now they're unaffordable to new home owners." "Home prices decline in lost value bloodbath" Yes, both are true for different groups. It really highlights the fallacy of treating homes as one's primary investment. You can only profit from that investment when you die or move to very cheap area because you have to live somewhere. It's a lot of captive wealth that really only increases people's cost of living. So you end up with both people worth $1.5 million and can't afford lemons, and young people wanting to go where the jobs are, but they can't afford it, meaning they are also squeezed to the point where they don't feel like they can have kids.

@stevo728822 6 күн бұрын

If you get a power cut, call 105 to report it. Don't assume it's a general blackout and it will be fixed automatically.

@nickjcresswell 5 күн бұрын

London was swinging in the mid-late 1990s. Young people could afford to buy property (just) so you had a young stakeholding demographic that brought civic pride into many boroughs (termed gentrification, back then). Since about 2005, I've noticed fewer people can afford to buy property and the increase in the demogrpahic of renters has seen off the civic pride. It's dull now; desparately dull. Everyone is so miserable as Rory suggests in the video because everything is so expensive!

@stevo728822 6 күн бұрын

I disagree with the train example Rory often provides. The aim of faster train journeys is to increase capacity on the railway line. There's only one railway line in each direction. Adding half an hour to a Eurostar train ride might lose one or two train journeys during the day, reducing the number of people who can make the journey each day. And it would increase the price of fares making less competitive with ferries and airlines. If you want an extra half an hour sipping coffee with your laptop, you can do that in a cafe at your destination.

@tonyhussey3610 2 күн бұрын

Doesn't he say that trying to make it physically faster is not such a good idea and most people would actually happier with a more enjoyable comfortable ride... also this is cheaper to do..than to push the physics of train development..which is harder and more expensive

@ruaraidhmorrison5879 2 күн бұрын

@tonyhussey3610 yes thats pretty much what he says. But tye point being made here is a very good one which is not considered in Rorys analogy.

@DaveSmith-s6e Күн бұрын

The contention isn’t the implementation of high speed rail. It’s the decision to spend extraordinary amounts of money to go from 300km/h to 340km/h when it came to hs2. The need to move high speed traffic off the west coast mainline to increase capacity has always been a conceit of his. But the increase in speed on the new high speed line of 40km/h gives no capacity benefits. The reality of hs1 is there isn’t enough high speed traffic to fill the line so a significant amount of freight moves along the line in the gaps. The majority of train delays in the uk are caused by signal faults. You could spend 1billion on fixing the signalling issues, increase the capacity of the network AND reliability that would be a fraction of what we have paid for those extra 40km/h.

@adodgygeeza Күн бұрын

@@DaveSmith-s6eno you couldn't just spend a billion on signals and sort out the UKs rail system. Firstly signalling isn't that cheap and secondly the busy bits of the UKs rail system are at capacity. Running HS2 at 300kph wouldn't save very much money so you might as well design for faster trains which are becoming standard as technology progresses. Something like a Velcro Novo would just less electricity at 350 than a Eurostar at 300 anyway.. Rory's argument on rail misses the wider question or how to optimise the rail system and ideas like models and champagne would cost more than the rail infrastructure and airlines proved people don't want to pay extra for food and attractive staff.

@DaveSmith-s6e Күн бұрын

@@adodgygeeza the technology for signalling is outdated. It involves passing an electrical current from one side of the track, through the axel of the train, to the opposite track, and feeding that signal back to a control centre. Periodically, the NMT (big yellow train) goes around to check the signal strength and if a signal fails, those two sections of track on either side become a new single piece of track. The Europeans have been building out the ERTMS which integrates GPS into the system. I hope I don’t need to explain to you why integrating GPS into signalling is a good thing and why using satellite infrastructure is cheaper than physical infrastructure in remote locations And yes, running trains slower changes the requirements for stopping distances, signal distances, brake capacity, max track angle, max track bank along with many other things. Trains are big complex machines, it’s not like sticking a turbo in your Vauxhall nova. The decision to go 340 km/h was Boris’ ego.

@annieseaside 3 күн бұрын

Dear Rory, You can't put your finger on Why London is less enjoyable!!? 😂 Really? We can.

@swalker3175 2 күн бұрын

Yep! It's sad.

@JayMayKnow Күн бұрын

Whatsup with the rest of the video? It just cuts off at the end.

@stevo728822 6 күн бұрын

Renting is more popular in Central Europe because there was a higher propensity for buildings to be destroyed by one of the many wars that passed through the landscape. Not much point buying a home if there's a 1 in 5 chance an artillery shell is going to flatten it.

@tonyhussey3610 2 күн бұрын

Mmm are you sure about that ???

@stevo728822 Күн бұрын

@@tonyhussey3610 Yes. Europe is a semi permanent battlefield.

@tonyhussey3610 18 сағат бұрын

Far east maybe but central france is pretty chilled now...

@stevo728822 6 күн бұрын

The Irish traveller community originates from the "navies" who had to move around the country to dig canals, railway lines and roads.

@stevo728822 6 күн бұрын

Rory suggests a tax on unimproved land. Unimproved land is now an important part of our landscape. It relieves stress on our wildlife. Most of it is unsuitable for farming. We don't need more cafes and shopping outlets. Unused land in urban areas will be employed if people really want to live and work there. There are plenty of abandoned buildings in northern towns because nobody wants to live there.

@matthewv4170 2 күн бұрын

It's not because noone wants to live there. It's because developers sit on the land in the hop of building a high rise instead of four family homes

@aixzi_official 18 күн бұрын

😃😊😊

@ukguitaryogi2888 Күн бұрын

why the cheesy music lol...

@stevo728822 6 күн бұрын

Yes, I agree with him that rational reasoning was developed in a social context. Space ships were the result of accidental experimentation, trial and error with the natural world. You ate the white mushroom and lived, you ate the brown mushroom and died. Language, story telling, debate, argument and social skills would have been developed by our distant ancestors every night huddling around a camp fire. There wasn't much else to do other than shag.