A Brief Economic History of Wales

Happy St. David's Day.

Sources:

B. R. Mitchell, British Historical Statistics (Cambridge: Cambridge University Press, 1988).

---

[michaelpisciarino]

0:00 St David’s Day
4.3% Unemployment
23% poverty rate
(Why is Wales so Poor?)

0:44 Geographic challenges, Coal,
2:00 “Decades of union agitation had led to an unholy trinity of union bosses, politicians, and mineowners in settling these disputes by government legislation”
- e.g. lack of mining ⛏ improvement
2:51 Reducing Wages
6:15 *The Welsh Coal Industry was Dead* _Before_ *Margaret Thatcher*
8:04 Overspending, picking up debt.

Wales: * England’s Relatively obscure backwater *

[williamspalding]

AA did a great job on making a fictional economy so in depth and interesting. Well done

[Eukatae]

Welsh regional motto: "I'm from the government and I'm here to help".

[kmg]

Economic ignorance has real consequences and unfortunately those consequences can last many generations.

[psyxypher]

(Former) Journalists: Those Coal Miners should have learned to code.
Me: Like you guys?

Why didn’t the government simply tell Taffy to “learn to code” back in ‘28?

Clearly their control over media locally was lacking

[flake]

What percentage of the economy is based on sheep brothels?

[edwardcullen]

Christ! I knew it was bad, but didn't realise just HOW bad!

Welfare is evil.

I remember the Parliamentary report on the Speenhamland System: "...the most effective system of institutionalised pauperism yet devised...". It hasn't changed.

[T_Dun]

Excellent video, so cool to discover that one of my favourite creators is Welsh as well.

[quinnrobertson]

Do Northern Ireland for a laugh, pretty sure we are worse.

[phantomthiefirwin]

Its amazing how little difference there is between the UK left and the US left in how they operate.

Spot on. I was almost born in Wales but we moved out just in time.

[HeroNinjaClan]

Please do one specifically on countries like Sweden which claim to be socialist, and explain what traits they have that either support or contradict this claim

[psikogeek]

Build a wall!

From Chepstow to Connah's Quay, prevent Plaid Cymru migration.

[ganjiblobflankis]

At least the miners produced something valuable and performed a dirty, exhausting, uncomfortable and dangerous job. There are plenty doing make-work or outright causing harm for more money sitting indoors.

[SonofTiamat]

I never knew it was such a miserable place. It's like the UK equivalent of the American South but worse

[spaghettijoeroganspowerful]

I'm enjoying these vids on the economic history of nations, hope this is a series to stay.

[jamescook]

The only place that you can get a secure job as a young person in Wales is by joining the forces

[alanwilliams]

Evelyn Waugh said something similar in Decline and Fall...

[richtea]

Is the Welsh language real or is it just a massive windup?