
The Land Trap with Mike Bird
From Thinkers & Ideas by BCG Henderson Institute
November 25, 2025 · 29 min
About this episode
Mike Bird discusses the influence of land on modern economics and governance in his new book.
In The Land Trap: A New History of the World’s Oldest Asset , Mike Bird shows why land remains the ultimate currency of power. Bird is the Wall Street editor at The Economist , where he leads coverage across the American financial industry and cohosts the magazine’s flagship podcast Money Talks . In his new book, he presents a bold new framework explaining how land exerts influence over the modern world, shaping housing, banking, and geopolitics. In his conversation with Nikolaus Lang, global leader of the BCG Henderson Institute, Bird discusses the history of land usage and ownership, how land is related to modern economic crises, and different governance models for land. Key topics discussed: 01:01 | What makes land unique, and why is it a trap? 04:58 | The history of land ownership 11:38 | The relation between land and economic crises 16:00 | The role of “superstar cities” 19:08 | How land could be governed 23:36 | Business implications of land
People in this episode
Host: Nikolaus Lang
Guest: Mike Bird
Topics covered
- land ownership
- economic influence
- geopolitics
- housing
- banking
Keywords
- ultimate currency of power
- history of land usage
- economic crises
- superstar cities
- governance models
Mentioned in this episode
Products: The Land Trap: A New History of the World’s Oldest Asset, Money Talks
Books & works: The Land Trap, The Land Trap: A New History of the World’s Oldest Asset, Money Talks
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