Chris Murray is joined by economist John Phelan to break down the ongoing migration trend from “blue states” to “red states.”

Phelan, a graduate of Birkbeck College, University of London and the London School of Economics, brings a mix of academic insight and real-world experience, including a decade in finance and time with Capital Economics.

The conversation dives into why Americans are relocating in large numbers, with a focus on economic factors like taxes, cost of living, and government regulation. Phelan explains how policy differences between states are shaping these migration patterns—and what it could mean for local economies and future political landscapes.