Podcasts about marginal revolution university

Tyler Cowen is a world-renowned economist, professor, columnist, and co-author of the influential economics blog Marginal Revolution. Graduating from George Mason University with a Bachelor of Science in Economics, and later receiving his PhD in economics from Harvard University, he has developed a vested interest in the economics of culture, as he delves into topics including fame, art, and cultural trade in his 19 books. Alongside economist Alex Tabbarock, Cowen is passionate about making world-class economics education accessible through his online platform, Marginal Revolution University. However, he may be best known for his popular podcast, Conversations with Tyler, where he publishes new conversations with the greatest thinkers of today every Wednesday.  ------ Thank you to the sponsors that fuel our podcast and our team: Vivo Barefoot http://vivobarefoot.com/tetra Use code 'TETRA' ------ LMNT Electrolytes https://drinklmnt.com/tetra Use code 'TETRA' ------ Squarespace https://squarespace.com/tetra Use code 'TETRA' ------ House of Macadamias https://www.houseofmacadamias.com/tetra Use code 'TETRA' ------ Sign up to receive Tetragrammaton Transmissions https://www.tetragrammaton.com/join-newsletter

About the sponsor: If you're ready to transform your business' operations, go to https://www.odoo.com/bigthink to start a free 14-day trial, no credit card required. About the video: “It's remarkable how weak the correlation between success and intelligence is.” Here's what skills do matter, from 3 business experts. Subscribe to Big Think on YouTube ►   / @bigthink   Up next, The lost art of accomplishment without burnout ►   • The lost art of accomplishment withou...   One of the greatest historical mysteries lies in why our hunter-gatherer ancestors made the sudden transition to agriculture. Hunter-gatherer economies always focused on the here and now, without spending a great deal of effort doing anything which was more than meeting their specific needs for that day. On the other hand, in our modern societies, everything has shifted to forward-planning with an emphasis on productivity. This dramatic leap altered our priorities as people and communities, and developed what we now know as the modern approach to work and business. Experts James Suzman, Tyler Cowen, and Cal Newport unpack common business myths, tracing how we reached our current work cultures from our hunter-gatherer origins. Timestamps for easier navigation:- 0:00 - The history of work 2:30 - How work shaped society 3:55 - The invention of fire 5:16 - Transition to farming 6:51 - Effort and reward 11:40 - Why talent matters 18:26 - Accomplishment without burnout Read the video transcript ► https://bigthink.com/series/the-big-t... ------------------------------------------------------------------ Go Deeper with Big Think: ►Become a Big Think Member Get exclusive access to full interviews, early access to new releases, Big Think merch and more ►Get Big Think+ for Business Guide, inspire and accelerate leaders at all levels of your company with the biggest minds in business ---------------------------------------------------------------------------------- About Cal Newport: Cal Newport is an MIT-trained computer science professor at Georgetown University who also writes about the intersections of technology, work, and the quest to find depth in an increasingly distracted world. About James Suzman: Dr. James Suzman a PhD an anthropologist specializing in the Khoisan peoples of southern Africa. A former Smuts Fellow in African Studies at the University of Cambridge, he is now the director of Anthropos Ltd., a think-tank that applies anthropological methods to solving contemporary social and economic problems. Dr. Suzman's latest book is Work: A Deep History, from the Stone Age to the Age of Robots. About Tyler Cowen: Tyler is the Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. He is co-author of the popular economics blog Marginal Revolution and co-founder of the online educational platform Marginal Revolution University. Learn more about your ad choices. Visit megaphone.fm/adchoices

Economist Tyler Cowen confirms there are good reasons to be crypto-skeptical. Cryptocurrency is truly a new idea, and it's rare for society to encounter fundamentally new ideas. Cryptocurrency is well positioned to serve a crucial financial and transactional role as a globalized internet grows to include more of our lives. Crypto enthusiasts espouse grand plans that do not sound realistic, while crypto skeptics fail to appreciate the revolutionary nature of the technology. ------------------------------------------------------------------------------------------------------ About Tyler Cowen: Tyler is the Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. He is co-author of the popular economics blog Marginal Revolution and co-founder of the online educational platform Marginal Revolution University. Tyler also writes a column for Bloomberg View, and he has contributed to The Wall Street Journal and Money. In 2011, Bloomberg Businessweek profiled Tyler as “America's Hottest Economist” after his e-book, The Great Stagnation, appeared twice on The New York Times e-book bestseller list. He graduated from George Mason University with a bachelor's degree in economics and earned a Ph.D. in economics from Harvard University. He also runs a podcast series called Conversations with Tyler. His latest book Talent: How to Identify Energizers, Creatives and Winners Around the World is co-authored with venture capitalist Daniel Gross. ---------------------------------------------------------------------------------------------------- About Big Think | Smarter Faster™ ► Big Think The leading source of expert-driven, educational content. With thousands of videos, featuring experts ranging from Bill Clinton to Bill Nye, Big Think helps you get smarter, faster by exploring the big ideas and core skills that define knowledge in the 21st century. Go Deeper with Big Think: ►Become a Big Think Member Get exclusive access to full interviews, early access to new releases, Big Think merch and more ►Get Big Think+ for Business Guide, inspire and accelerate leaders at all levels of your company with the biggest minds in business Learn more about your ad choices. Visit megaphone.fm/adchoices

An interview with economist Tyler Cowen on why American progress has seemed to stall and how we can get it back on track. The rate of progress in American society has been uneven throughout history, argues economist Tyler Cowen. Tremendous periods of growth are followed by periods of stagnation. Periods of growth occur when there is a breakthrough, and other advances quickly follow. For example, the Industrial Revolution and electrification of homes allowed the standard of living to grow at a fast rate, particularly in the early to mid-20th century. But starting in the 70s, progress slowed. One reason is that the easier tasks, like electrification, had already been accomplished. Also, government regulation and a general aversion to risk have made Americans less entrepreneurial. As a result, progress has slowed, and we have not matched our earlier performance. Today, we are at a pivotal crossroads between stagnation and growth. To get back to a growth mindset, he argues, we need to stop taking our prosperity for granted. -------------------------------------------------------------------------------------------- Chapters For Easier Navigation:- 0:00 intro 0:05 whats wrong with america 1:53 can america make a comeback 3:27 when are we going to get vaccines This video is part of The Progress Issue, a Big Think and Freethink special collaboration. ------------------------------------------------------------------------------------------ About Tyler Cowen Tyler is the Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. He is co-author of the popular economics blog Marginal Revolution and co-founder of the online educational platform Marginal Revolution University. Tyler also writes a column for Bloomberg View, and he has contributed to The Wall Street Journal and Money. In 2011, Bloomberg Businessweek profiled Tyler as “America's Hottest Economist” after his e-book, The Great Stagnation, appeared twice on The New York Times e-book bestseller list. He graduated from George Mason University with a bachelor's degree in economics and earned a Ph.D. in economics from Harvard University. He also runs a podcast series called Conversations with Tyler. His latest book Talent: How to Identify Energizers, Creatives and Winners Around the World is co-authored with venture capitalist Daniel Gross. ------------------------------------------------------------------------------------------ About Big Think | Smarter Faster™ ► Big Think The leading source of expert-driven, educational content. With thousands of videos, featuring experts ranging from Bill Clinton to Bill Nye, Big Think helps you get smarter, faster by exploring the big ideas and core skills that define knowledge in the 21st century. Go Deeper with Big Think: ►Become a Big Think Member Get exclusive access to full interviews, early access to new releases, Big Think merch and more ►Get Big Think+ for Business Guide, inspire and accelerate leaders at all levels of your company with the biggest minds in business Learn more about your ad choices. Visit megaphone.fm/adchoices

Here's what job interviewers are testing you for, according to economist Tyler Cowen. Economist Tyler Cowen argues that traditional interview methods are not effective in identifying the best candidates for a job, especially in creative roles. Candidates who are well-prepared often pass these interviews, but this only tests their preparation and not their abilities. To identify the best candidates, Cowen suggests that interviewers focus on being authentic and spontaneous in their interactions with candidates, instead of relying on pre-written questions. The interviewer should be trustworthy, Cowen argues, as it helps them to better evaluate the candidate's authenticity. Ultimately, allocating talent in better ways can contribute to economic growth, and a more thoughtful approach to interviews can help identify more talented individuals and elevate them to greater opportunities. About Tyler Cowen: Tyler is the Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. He is co-author of the popular economics blog Marginal Revolution and co-founder of the online educational platform Marginal Revolution University. Tyler also writes a column for Bloomberg View, and he has contributed to The Wall Street Journal and Money. In 2011, Bloomberg Businessweek profiled Tyler as “America's Hottest Economist” after his e-book, The Great Stagnation, appeared twice on The New York Times e-book bestseller list. He graduated from George Mason University with a bachelor's degree in economics and earned a Ph.D. in economics from Harvard University. He also runs a podcast series called Conversations with Tyler. His latest book Talent: How to Identify Energizers, Creatives and Winners Around the World is co-authored with venture capitalist Daniel Gross. ------------------------------------------------------------------------ About Big Think | Smarter Faster™ ► Big Think The leading source of expert-driven, educational content. With thousands of videos, featuring experts ranging from Bill Clinton to Bill Nye, Big Think helps you get smarter, faster by exploring the big ideas and core skills that define knowledge in the 21st century. ► Big Think+ Make your business smarter, faster: https://bigthink.com/plus/ Get Smarter, Faster With Interviews From The Worlds Biggest Thinkers. Follow This Podcast And Turn On The Notifications Rate Us With 5 Stars Share This Episode --- Send in a voice message: https://podcasters.spotify.com/pod/show/bigthink/message Learn more about your ad choices. Visit megaphone.fm/adchoices

Economist Tyler Cowen explains why you should not hire the smartest job candidate. Here's what to look for instead. What do Aretha Franklin, Bruce Springsteen, Bob Dylan, and Stevie Ray Vaughan have in common? In addition to being phenomenal 20th-century musicians, all were scouted or had their careers furthered by the American record producer John Hammond. Finding talent is a talent in itself. And to the author and economics professor Tyler Cowen, it is a talent that gets neglected in many companies, whether due to biases, boring hiring practices, or a failure to think outside the box. As Cowen explains in this Big Think video, the way to go about finding exceptional talent is by searching the areas where the rest of the market is not looking. Chapters:- 0:00 The talent problem 0:58 John Hammond: A legendary talent scout 2:06 The intelligence bias 3:37 Discover undervalued talents 5:56 The FOMO mentality: Learning from venture capitalists ------------------------------------------------------------------------ About Tyler Cowen: Tyler is the Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. He is co-author of the popular economics blog Marginal Revolution and co-founder of the online educational platform Marginal Revolution University. Tyler also writes a column for Bloomberg View, and he has contributed to The Wall Street Journal and Money. In 2011, Bloomberg Businessweek profiled Tyler as “America's Hottest Economist” after his e-book, The Great Stagnation, appeared twice on The New York Times e-book bestseller list. He graduated from George Mason University with a bachelor's degree in economics and earned a Ph.D. in economics from Harvard University. He also runs a podcast series called Conversations with Tyler. His latest book Talent: How to Identify Energizers, Creatives and Winners Around the World is co-authored with venture capitalist Daniel Gross. ----------------------------------------------------------------------- About Big Think | Smarter Faster™ ► Big Think The leading source of expert-driven, educational content. With thousands of videos, featuring experts ranging from Bill Clinton to Bill Nye, Big Think helps you get smarter, faster by exploring the big ideas and core skills that define knowledge in the 21st century. ► Big Think+ Make your business smarter, faster: https://bigthink.com/plus/ Get Smarter, Faster With Interviews From The Worlds Biggest Thinkers. Follow This Podcast And Turn On The Notifications Rate Us With 5 Stars Share This Episode --- Send in a voice message: https://podcasters.spotify.com/pod/show/bigthink/message Learn more about your ad choices. Visit megaphone.fm/adchoices

Tyler Cowen, author, economist and philanthropist, talks about the inspiration for his new book and the importance of talent identification in business. He believes that talent assessment is an art rather than a science and that institutions like the Florentine Renaissance, which had a competitive process for identifying talent, have been particularly good at this. Tyler also mentions the success of identifying American business talent in the Midwest during the 20th century. China has also done a remarkable job in identifying CEO talent in a world where almost no one had an MBA, and India is currently the single hottest blossoming talent spot. He discusses the trend of companies investing in spotting talent overseas, particularly for smaller companies. With the pandemic and work from a distance, the chance of hiring talent  in Indonesia or the Philippines is much higher than it was just a few years ago. However, it is harder to evaluate talent in other countries due to cultural differences and difficulty in interpreting references. And while talent is evenly distributed around the world, opportunity is not. Companies need to adapt their strategies to better identify and mobilize talent, as well as invest in international talent identification. Screening Applicants and Recruiting Talent Tips The increasing trend of independent professionals entering the international market and the importance of investing in pre-existing networks of soft contacts, Tyler suggests that companies should focus on building talent scouts or people who can help navigate different geographies around the world. He shares an example of hiring an Indian person who is well connected in India through his blog and podcast, which serves as a filter for potential applicants, reaching the people who are already aware of the company and  will take the first step of contact. He also discusses the importance of screening applicants before the interview process, focusing on established track records, but with emphasis placed on behavior and actions taken and not merely words, and entrepreneurs who demonstrated curiosity and initiative, and those who can work independently but understand how they fit into a team. He emphasizes the importance of using soft connections to winnow down the field as much as possible. For the initial screening phase, Tyler suggests using pre-existing soft networks, such as those within the company or those who know them and can speak credibly about them. This approach is the highest yield way of approaching a problem where there are a large number of potential applicants and ensures that the candidate knows enough about the company and fits in. Skills Assessment and Onboarding Talent Tyler also emphasizes the importance of clear writing skills and how companies like Amazon and Stripe prioritize this aspect. He also shares a few tips to use during the interview process, and the use of practical exercises after the interview round, such as diagnostics or walk-throughs, to assess the candidate's performance. In terms of evaluating the talent within the company, Tyler suggests investing in high levels of trust and focusing on what can be done now to build trust with employees. He shares onboarding advice, and states that focusing on mid-year or annual evaluations is not always the best approach to assessing talent.  Advice on Conducting Business Internationally Tyler shares tips on how to travel and learn about a place. He suggests walking a lot, even in places not in guidebooks, and speaking to a broad range of people. He also advises buying a physical guide book in advance and reading it, as people rely too much on the internet when traveling. Tyler also uses soft networks to connect with people who may be readers or people living in that area to help him. He shares a few stories of philanthropic adventures, including one example of a successful small venture is Timothy, a Ukrainian American economist. He discusses the idea that successful small ventures are often made up of people who are similar in personality types, such as early PayPal, Peter Thiel, Reed Hoffman, and Elon Musk. While this idea may not be radical, it is true that some things work well when people are cut from the same bolt of cloth. In summary, Tyler emphasizes the importance of building a soft network and connecting with people who can help him in various ways. He also mentions that some successful small ventures are made up of people who share similar personality types, which is not necessarily radical but is sometimes not always true. He talks about the concept of status quo bias and how Americans are moving less frequently. He shares his experiences with starting new projects, such as Marginal Revolution University, which is now the number one economics education site on the internet. He also talks about the importance of finding mentors, current funded projects, and future collaborations. Cracking Cultural Codes and Conducting Business Internationally Cracking cultural codes is an important aspect of understanding a culture. Tyler shares an example of how traveling to different countries helps bond with people and understand their thoughts and feelings. He believes that showing genuine interest in a country's culture can help break down barriers and encourage more ambitious individuals. A high leverage act is to raise someone's ambition. He also discusses the importance of not being too polite when evaluating someone for fellowship and believes that showing genuine interest in a country's culture can help break down barriers and encourage more ambitious individuals to pursue their passions. Tyler goes on to discuss how business is portrayed in the media and the value of management consulting and how the value of ideas underpins the entire enterprise. He emphasizes the importance of fluency in the English language and the development of a strong business culture. As an economist, Tyler also provides insights into the relative ability of management at a country level. He explains that management is better in some countries than others and how it changes over time. He also identifies the business scene of various countries on the rise, and how Danish business is different from American business. Hiring Tips and Advice for Parents Shifting back to hiring, Tyler emphasizes the importance of screening for resourcefulness and relentlessness in interviewing. He suggests that older individuals should be considered due to their track record and ability to capitalize on their full market value, and suggests taking note of “weird interests”, and looking for the level of detail in answers. On family life,  he shares his advice for parents on how to help develop talented kids, emphasizing the importance of encouraging curiosity and deep interests. He advises parents to introduce their children to their talented friends, allowing them to explore different professions and interests on their own. Tyler's objective function is to become an information trillionaire, which may not be possible at the moment. He wants to learn as much as possible about various topics, such as economics, history, social science, travel, language, culture, food, business, political science, and World Affairs.    Timestamps: 05:12 Talent acquisition strategies and screening processes 13:10 Hiring and onboarding processes for talent 18:07 Travel, talent assessment, and philanthropy 24:31 Creativity, innovation, and personal growth 27:40 Mentorship, cultural codes, and raising ambition 33:30 Business, media, and consulting insights 39:18 Business cultures, thinkers, and productivity 43:55 Writing habits, productivity, and lifestyle   Links: Website: https://marginalrevolution.com/ Book: https://www.amazon.ca/Talent-Identify-Energizers-Creatives-Winners/dp/1250275814 Unleashed is produced by Umbrex, which has a mission of connecting independent management consultants with one another, creating opportunities for members to meet, build relationships, and share lessons learned. Learn more at www.umbrex.com.

Tyler Cowen is one of the top thinkers in the world: the thinkers' thinker. A professor of economics at George Mason University, he has one of the most popular economics sites on the internet, Marginal Revolution, where he's blogged every day for over 20 years. It also runs the online educational platform Marginal Revolution University. However, he may be best known for his popular podcast, Conversations with Tyler. Tyler is a New York Times bestselling author, having written 19 books, including Average is Over, The Great Stagnation, Discover Your Inner Economist, and Talent: How to Identify Energizers, Creatives, and Winners Around the World. ------- Thank you to the sponsors that fuel our podcast and our team: House of Macadamias https://www.houseofmacadamias.com/tetra ------- Squarespace https://squarespace.com/tetra ------- Manna Vitality https://mannavitality.com/ ------- LMNT Electrolytes https://drinklmnt.com/tetra 

Roman Hardgrave, Head of Learning Design, and Matt Hill, Curriculum Designer, from Marginal Revolution University, joins Yanely to speak about how you can use their resources, which are offered at no cost for everybody.

Tyler Cowen (George Mason University Economics Professor and Mercatus Center Director) joins the podcast to discuss his career, various long-run economic and political trends, whether policy or culture matters most for economic growth, whether schools of economic thought are still relevant, the state of economics education, the success of Marginal Revolution University as well as finding entrepreneurial talent through Emergent Ventures.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's guest is surprisingly upbeat about the world. A big factor in his optimism is the revolution in artificial intelligence that we're about to live through. Tyler Cowen is an economics professor at George Mason University and he's the faculty director of the Mercatus Center. He is the coauthor – with Alex Tabarock – of the economics blog Marginal Revolution (the #1 economics blog in the world) and the co-founder of Marginal Revolution University. He is the host of the top-rated podcast “Conversations with Tyler”. Cowen's latest book is Talent: How to Identify Energizers, Creatives, and Winners Around the World. Before that he penned The Great Stagnation, and also The Complacent Class. About a decade ago he wrote Average is Over, which was somewhat prescient about this period we are heading into with AI. He also published a book called Big Business: A love letter to an American anti-hero. Tyler writes a column for Bloomberg View; he has contributed to The New York Times and The Wall Street Journal. His academic research has been published in the American Economic Review and the Journal of Political Economy. Items discussed in this episode: Marginal Revolution University -- mru.org Marginal Revolution blog -- marginalrevolution.com Tyler Cowen's books -- https://www.barnesandnoble.com/w/talent-tyler-cowen/1138462103

The wheel, the printing press, the steam engine, and… ChatGPT? A Luddite you may be, but there is no escaping the world's newest technological revolution: personal artificial intelligence. It is easy to list the net-negatives of another tech medium designed to further decrease the already dwindling human-to-human interactions in our life – the atomization of society is bad, children growing up on screens is bad, the erosion of individual judgment and critical thinking is bad. Not to mention the evanescence of jobs and the mechanization of learning. But is it all bad? Like any technological advance, there are both beneficial and dangerous applications. And as our guest notes, the danger of misuse does not reside in 1's and 0's, but in the user, the human. Are the forces of good more productive and innovative than evil? Or will we fall prey to our own innovation?These questions and more with Tyler Cowen. Dr. Cowen is a professor at George Mason University, where he holds the Holbert L. Harris chair in the economics department. He hosts the economics blog Marginal Revolution, and maintains the website Marginal Revolution University, a venture in online education. He is the co-author of Talent: How to Identify Energizers, Winners, and Creatives Around the World.Download the transcript here.

Alex Tabarrok is a professor of economics at George Mason University, and a research fellow with the Mercatus Center.Alex is one of the world's best teachers of economics and reaching a large, worldwide audience as the cofounder of Marginal Revolution University and the popular Marginal Revolution blog together with Tyler Cowen.This episode is an intellectual journey that discovers insights that can be used by entrepreneurs and city developers.Alex has been teaching economics for decades, so we start the episodes with our favorite concepts.We talk about the Baumol effect that Alex uses to explain the now infamous price chart: why is it that some goods have become much cheaper (e.g. consumer electronics), while housing, education and healthcare have increased?This informs the thesis of the podcast, which assumes regulatory and political sclerosis are the key obstacles.The Baumol effect pushes back against this explanation.The Baumol effect instead offers a more long-run focused macroeconomic explanation: the success of technology adoption in some areas must necessarily correspond to relatively higher costs in other sectors.The discovery of this effect, however, could be a necessary, not a sufficient explanation. Niklas points at the non-linearity and the many examples of regulation being specific, non-macro factors with a large impact.Alex and Niklas end up agreeing that overregulation is a large part of the problem.We further talk about economic insights such as prediction markets or dominant assurance contracts that entrepreneurs can apply in practice.A problem in the governance of public goods and regulation, however, is that the laws of society are hundreds of years old, and little new innovation is taking place.However, private cities and special economic zones such as Hong Kong, Shenzhen, and Dubai have shaken up the field in the second half of the 20th century. Alex talks especially about the lessons of Gurgaon, a private city in India.Gurgaon has been in many ways remarkably successful, but it also had experienced problems funding large public goods such as sewage and electricity.Alex's recommendation to new city or governance startups like Prospera, Ciudad Morazan or the Catawba DEZ is to think of city development as a “dance between centralization and decentralization”.Towards the end, we take a deep dive into dominant assurance contracts as a mechanism for public goods funding - an idea we could use in city development, but also for venture capital and startup funding.You can help us apply these insights in practice, check out the upcoming builder-focused conferences in Prospera:Supercharging Health 2023 - A Próspera Builders' Summit, April 21-23 on Roatan: https://infinitavc.com/healthbio2023Decentralizing Finance 2023 - A Próspera Builders' Summit, May 5-7 on Roatan: https://infinitavc.com/defi2023

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks to Tyler Cowen, Holbert L. Harris Chair of Economics at George Mason University, who serves as chairman and general director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University. This conversation was recorded in September 2022. To read a transcript of this episode, visit: https://mck.co/TylerCowen Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks to Tyler Cowen, Holbert L. Harris Chair of Economics at George Mason University, who serves as chairman and general director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University. This conversation was recorded in September 2022. To read a transcript of this episode, visit: https://mck.co/TylerCowen Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 47:57) >

For the 30th episode, Jonathan "fast forwards" to Part 2, Chapter 2 in order to discuss one of the most quoted sections of Atlas Shrugged, Francisco d'Anconia's Money Speech. The gist of the speech is that d'Anconia (and Rand) claims that money is not the root of evil, but the root of all good. In this longer episode, Jonathan delves into the logic Rand uses to support this claim and examines several underlying assumptions. This is the last of the three fast forward episodes on Francisco d'Anconia's Money Speech.For the video produced by the Bank of England about credit predating barter, click here. I first heard about this from David Graeber, in his book Debt: The First 5,000 Years.For an excellent discussion of the gold standard, see this debate produced by Marginal Revolution University, an initiative of George Mason University. You might also be curious to see this recent post by Stephanie Kelton, a chief proponent of Modern Monetary Theory, which criticizes conventional wisdom about inflation in 2022. Jonathan highly recommends Francis Fukuyama's books on the rule of law: The Origins of Political Order and Political Order and Political Decay.Some examples of sophisticated market economies, very much active in "making money," prior to 1500 C.E.: China and especially the Song Dynasty, the economic history of Japan, Italian city-states especially with the economic activity funded by the Medici Bank, and Kenn Hirth's book The Aztec economic world: merchants and markets in ancient Mesoamerica. To read more about Ricardo Semler's institution of workplace democracy at his large corporation in Brazil, read his book: Maverick.Jonathan mentions millenarianism and almost avoids pronouncing it as millionairism. Thanks for bearing with me on the LONG journey of this episode! The next fast forward episode will begin a discussion of the story of the 20th Century Motor Company in Chapter 10 of Part 2 (click here for the text of this passage).Questions or comments? Email me at: socialistreads@gmail.comLearn more about Jonathan Seyfried at their website, https://jonathanseyfried.artIf you'd like to support my creative work, please visit my Patreon page. Also, merch is available from my store on Big Cartel.The intro/outro music was composed by John Sib.The podcast theme image was created by Support the Show.

Read the full transcript here. Why might it be the case that "all propositions about real interest rates are wrong"? What, if anything, are most economists wrong about? Does political correctness affect what economists are willing to write about? What are the biggest open questions in economics right now? Is there too much math in economics? How has the loss of the assumption that humans are perfectly rational agents shaped economics? Is Tyler's worldview unusual? Should people hold opinions (even loosely) on topics about which they're relatively ignorant? Why is there "something wrong with everything" (according to Cowen's First Law)? How can we learn how to learn from those who offend us? What does it mean to be a mentor? What do we know and not know about success? What is lookism? Why is raising someone else's aspirations a high-return activity?Tyler Cowen is Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University. Read more at his website, tylercowen.com. [Read more]

Read the full transcriptWhy might it be the case that "all propositions about real interest rates are wrong"? What, if anything, are most economists wrong about? Does political correctness affect what economists are willing to write about? What are the biggest open questions in economics right now? Is there too much math in economics? How has the loss of the assumption that humans are perfectly rational agents shaped economics? Is Tyler's worldview unusual? Should people hold opinions (even loosely) on topics about which they're relatively ignorant? Why is there "something wrong with everything" (according to Cowen's First Law)? How can we learn how to learn from those who offend us? What does it mean to be a mentor? What do we know and not know about success? What is lookism? Why is raising someone else's aspirations a high-return activity?Tyler Cowen is Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University. Read more at his website, tylercowen.com.

Why might it be the case that "all propositions about real interest rates are wrong"? What, if anything, are most economists wrong about? Does political correctness affect what economists are willing to write about? What are the biggest open questions in economics right now? Is there too much math in economics? How has the loss of the assumption that humans are perfectly rational agents shaped economics? Is Tyler's worldview unusual? Should people hold opinions (even loosely) on topics about which they're relatively ignorant? Why is there "something wrong with everything" (according to Cowen's First Law)? How can we learn how to learn from those who offend us? What does it mean to be a mentor? What do we know and not know about success? What is lookism? Why is raising someone else's aspirations a high-return activity?Tyler Cowen is Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University. Read more at his website, tylercowen.com.

Tyler Cowen is Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and faculty director of the Mercatus Center at George Mason University. Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University.A dedicated writer and communicator of economic ideas, Cowen is the author of several bestselling books and is widely published in academic journals and the popular media. Cowen's latest book is Big Business: A Love Letter to an American Antihero, with an upcoming book called Talent: How to Identify Energizers, Creatives, and Winners Around the World which he wrote with Daniel Gross.Cowen is host of Conversations with Tyler, a popular podcast series featuring today's most underrated thinkers in wide-ranging explorations of their work, the world, and everything in between.In 2011, Bloomberg Businessweek profiled Cowen as “America's Hottest Economist” after his e-book, The Great Stagnation, appeared twice on the New York Times e-book bestseller list. Cowen's blog was named in the Top Financial Blogs of 2011 by TIME and in the Best Economics Blogs of 2010 by The Wall Street Journal.Cowen graduated from George Mason University with a BS in economics and received his PhD in economics from Harvard University. 

Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center and a professor of economics at George Mason University. Along with Tyler Cowen, he is the co-author of the popular economics blog Marginal Revolution and co-founder of Marginal Revolution University. He is the author of numerous academic papers in the fields of law and economics, criminology, regulatory policy, voting theory and other areas in political economy. He is co-author with Tyler of Modern Principles of Economics, a widely used introductory textbook. He gave a TED talk in 2009. His articles have appeared in the New York Times, the Washington Post, the Wall Street Journal, and many other publications. It is not an exaggeration to say that he and Tyler Cowen wield an enormous influence over the intellectual discourse today in America, and especially amongst the Silicon Valley entrepreneurs.

In this interview, we talk with Professor Alex Tabarrok about what economists can bring to discussions of the pandemic, the US government's response to COVID-19, the performance of the FDA and the CDC, regulatory nationalism, the first doses first campaign, and why America should vaccinate the world. This conversation was recorded on May 2nd, 2021. Who is Alex Tabarrok?Professor Alex Tabarrok is the Bartley J. Madden Chair in Economics at the Mercatus Center and a professor of economics at George Mason University. He is the co-author of the popular economics blog Marginal Revolution and co-founder of Marginal Revolution University. He is the author of numerous academic papers in the fields of law and economics, criminology, regulatory policy, voting theory and other areas in political economy. His articles have appeared in the New York Times, the Washington Post, the Wall Street Journal, and many other publications.

Mary Clare Peate and Roman Hardgrave join the NGPF podcast this week with Tim to discuss their economics curriculum, a cool tool called EconInbox and their favorite resources to stay current in the fast changing world of economics. Enjoy! 

Finally, 2020 is behind us. It changed our world, the way we live our lives, and how we relate to each other and to ourselves. Shruti Rajagopalan and Alex Tabarrok join Amit Varma in episode 206 of The Seen and the Unseen to take stock of the year gone by, with each of them picking five lessons they feel 2020 holds for us. Because they can't count, though, they end up with more than 15 -- here they are, below. (Listen to the episode for the elaborations and arguments.) The Lessons: 0. Don't take anything for granted. (Amit) 1. Don't make the mistake of Omission, Commission, Distinction. (Alex) 2. We should pay more attention to tail risks. (Shruti) 3. Art and Entertainment can be intimate and personal. (Amit) 4. People care more about narratives to explain the world than the world itself. (Amit) 5. We should think more about inter-generational tradeoffs, and consider lowering the voting age. (Shruti) 6. Software is eating the biological world. (Alex) 7. Science is not the problem. The problem is economic illiteracy. (Shruti) 7.5. We should move from collectivized decision-making to respecting individual choice. (Alex) 8. We need to rethink education. Not just the delivery of it, but how we think of education itself. (Amit) 9. A bigger problem than state capacity is state will. (Alex) 10. Politicians don't always behave in a rational, self-interested way. (Shruti) 11. Politics is driven only by tribalism. (Amit) 12. The internet is even better than we thought. (Alex) 13. Markets don't solve everything. (Shruti) 14. We should worry more about computer viruses. (Alex) 15. We should take a closer look at how we relate to other people. (Amit) 15.5 Be like dogs. Live in the moment. (Shruti) Also check out: 1. Elite Imitation in Public Policy -- Episode 180 of The Seen and the Unseen (w Shruti Rajagopalan and Alex Tabarrok). 2. Previous episodes with Shruti and Alex. 3. Previous episodes on Covid-19: 1, 2, 3, 4. 4. The Omission-Commission Error is Deadly -- Alex Tabarrok. 5. Asteroid Deflection as a Public Good -- Alex Tabarrok. (And some other Marginal Revolution posts on asteroids.) 6. The Day the Dinosaurs Died -- Douglas Preston. 7. Unlikely is Inevitable -- Amit Varma. 8. The Hunter Becomes the Hunted -- Episode 200 of The Seen and the Unseen. 9. The YouTube channels of Samay Raina and ChessBase India. 10. Only Fans. 11. 1000 True Fans -- Kevin Kelly. 12. 1000 True Fans? Try 100 -- Li Jin. 13. Marginal Revolution University. 14. ParentData -- Emily Oster's newsletter on Substack. 15. Profit = Philanthropy -- Amit Varma. 16. Modern Principles of Microeconomics -- Tyler Cowen and Alex Tabarrok. (And Macroeconomics.) 17. Collective Action Kills Innovation -- Alex Tabarrok.18. Fixing Indian Education -- Episode 185 of The Seen and the Unseen (w Karthik Muralidharan). 19. The Case Against Education -- Bryan Caplan. 20. Beware of the Useful Idiots -- Amit Varma. 21. Khaana Chahiya. 22. The BJP Before Modi -- Episode 202 of The Seen and the Unseen (w Vinay Sitapati). This episode is sponsored by the podcast, Think Like an Economist, hosted by Betsey Stevenson and Justin Wolfers.  You can now buy Seen/Unseen swag. And do check out Amit’s online courses, The Art of Clear Writing and The Art of Podcasting.  

Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center and a professor of economics at George Mason University. Along with Tyler Cowen, he is the co-author of the popular economics blog Marginal Revolution and co-founder of Marginal Revolution University. He is the author of numerous academic papers in the fields of […]

Podcast Notes Key Takeaways Maria Popova’s Book Recommendations:Letter to a Hostage by Antoine de Saint-ExupéryLove and Saint Augustine by Hannah ArendtA Madman Dreams of Turing Machines by Janna LevinTyler Cowen’s Book Recommendations:Remembrance of Things Past by Marcel ProustTimeless Flight: The Definitive Biography of The Byrds by Johnny RoganUncle Tom’s Cabin by Harriet Beecher StoweUltralearning: Master Hard Skills, Outsmart the Competition, and Accelerate Your Career by Scott Young“There are these compounding returns to being obsessed with reading and starting young and never stopping” – Tyler CowenIf you really want to get into a person’s mind, read all of their weeks within a few weeks“Writing is thinking. If your writing isn’t clear, probably your thinking isn’t clear.” – Tyler CowenDon’t force yourself to finish books you don’t enjoyeval(ez_write_tag([[728,90],'podcastnotes_org-medrectangle-3','ezslot_0',122,'0','0']));Read the full notes @ podcastnotes.org#436: Books I've Loved — Maria Popova and Tyler Cowen | Brought to you by Audible.Welcome to another episode of The Tim Ferriss Show, where it is my job to sit down with world-class performers of all different types—from startup founders and investors to chess champions to Olympic athletes. This episode, however, is an experiment and part of a shorter series I’m doing called “Books I’ve Loved.” I’ve invited some amazing past guests, close friends, and new faces to share their favorite books—the books that have influenced them, changed them, and transformed them for the better. I hope you pick up one or two new mentors—in the form of books—from this new series and apply the lessons in your own life.Maria Popova (@brainpicker) is a reader and a writer who writes about what she reads on Brain Pickings, which is included in the Library of Congress permanent web archive of culturally valuable materials. She is the author of Figuring, the editor of A Velocity of Being: Letters to a Young Reader, and the creator and host of The Universe in Verse, an annual charitable celebration of science through poetry at the interdisciplinary cultural center Pioneer Works in Brooklyn.Tyler Cowen (@tylercowen) has a personal moonshot: to teach economics to more people than anyone else in the history of the world—and he might just succeed. In addition to his regular teaching at George Mason University, Tyler has blogged every day at Marginal Revolution for almost 17 years, helping to make it one of the most widely read economics blogs in the world. Tyler cocreated Marginal Revolution University, a free online economics education platform that’s reached millions. He is also a bestselling author of more than a dozen books, a regular Bloomberg columnist, and host of the popular Conversations with Tyler podcast.“Books I’ve Loved” on The Tim Ferriss Show is brought to you by Audible! I have used Audible for many years now. I love it. Audible has the largest selection of audiobooks on the planet. I listen when I’m taking walks, I listen while I’m cooking… I listen whenever I can. Audible is offering Tim Ferriss Show listeners a free audiobook with a 30-day trial membership. Just go to Audible.com/tim and browse the unmatched selection of audio programs. Then, download your free title and start listening! It’s that easy. Simply go to Audible.com/tim or text TIM to 500500 to get started today.***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? Please fill out the form at tim.blog/sponsor.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferriss

#436: Books I've Loved — Maria Popova and Tyler Cowen | Brought to you by Audible.Welcome to another episode of The Tim Ferriss Show, where it is my job to sit down with world-class performers of all different types—from startup founders and investors to chess champions to Olympic athletes. This episode, however, is an experiment and part of a shorter series I’m doing called “Books I’ve Loved.” I’ve invited some amazing past guests, close friends, and new faces to share their favorite books—the books that have influenced them, changed them, and transformed them for the better. I hope you pick up one or two new mentors—in the form of books—from this new series and apply the lessons in your own life.Maria Popova (@brainpicker) is a reader and a writer who writes about what she reads on Brain Pickings, which is included in the Library of Congress permanent web archive of culturally valuable materials. She is the author of Figuring, the editor of A Velocity of Being: Letters to a Young Reader, and the creator and host of The Universe in Verse, an annual charitable celebration of science through poetry at the interdisciplinary cultural center Pioneer Works in Brooklyn.Tyler Cowen (@tylercowen) has a personal moonshot: to teach economics to more people than anyone else in the history of the world—and he might just succeed. In addition to his regular teaching at George Mason University, Tyler has blogged every day at Marginal Revolution for almost 17 years, helping to make it one of the most widely read economics blogs in the world. Tyler cocreated Marginal Revolution University, a free online economics education platform that’s reached millions. He is also a bestselling author of more than a dozen books, a regular Bloomberg columnist, and host of the popular Conversations with Tyler podcast.“Books I’ve Loved” on The Tim Ferriss Show is brought to you by Audible! I have used Audible for many years now. I love it. Audible has the largest selection of audiobooks on the planet. I listen when I’m taking walks, I listen while I’m cooking… I listen whenever I can. Audible is offering Tim Ferriss Show listeners a free audiobook with a 30-day trial membership. Just go to Audible.com/tim and browse the unmatched selection of audio programs. Then, download your free title and start listening! It’s that easy. Simply go to Audible.com/tim or text TIM to 500500 to get started today.***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? Please fill out the form at tim.blog/sponsor.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferriss

Tyler Cowen on Rationality, COVID-19, Talismans, and Life on the Margins | Brought to you by NutriBullet and ExpressVPN. "If you need to measure, you've failed." — Tyler CowenProfessor Tyler Cowen (@tylercowen) has a personal moonshot: to teach economics to more people than anyone else in the history of the world—and he might just succeed. In addition to his regular teaching at George Mason University, Tyler has blogged every day at Marginal Revolution for almost 17 years, helping to make it one of the most widely read economics blogs in the world.Tyler cocreated Marginal Revolution University, a free online economics education platform that’s reached millions. He is also a bestselling author of more than a dozen books, a regular Bloomberg columnist, and host of the popular Conversations with Tyler podcast, where he examines the work and worldviews of thinkers like Martina Navratilova, Neal Stephenson, Reid Hoffman, and many more.His latest project is Emergent Ventures, a $5 million fund to support entrepreneurs who have big ideas on how to improve society.Please enjoy!This episode is brought to you by NutriBullet. NutriBullet is the affordable, easy-to-use, easy-to-clean blender that was first recommended to me by entrepreneur Noah Kagan when I interviewed him for the podcast. Its signature blending process transforms high-fiber veggies, nuts, seeds, and fruits into silky, nutrient-dense smoothies (or protein shakes, savory soups, and dips) that are easy to digest and absorb.Now, the engineers at NutriBullet have created an incredibly convenient upgrade named the NutriBullet Blender Combo. This device is their most versatile yet, allowing you to effortlessly switch between single-serve and full-size blending—everything that you know and love about the classic device, plus all the performance and capacity you expect from a full-size blender. Don’t settle for blenders that leave your smoothies filled with chunks. Get the NutriBullet Blender Combo, and introduce your veggies and fruits to 1,200 watts. It easily gets the job done. And for you, my dear listeners, NutriBullet is offering 20% off of all products on its website. To get your 20% off, just go to NutriBullet.com/Tim!*This episode is also brought to you by ExpressVPN. I’ve been using ExpressVPN since last summer, and I find it to be a reliable way to make sure that my data is secure and encrypted, without slowing my Internet speed. If you ever use public Wi-Fi at, say, a hotel or a coffee shop (where I often work and as many of my listeners do), you’re often sending data over an open network, meaning no encryption at all.One way to ensure that all of your data is encrypted and can’t be easily read by hackers is by using ExpressVPN. All you need to do is download the ExpressVPN app on your computer or smartphone and then use the Internet just as you normally would. You click one button in the ExpressVPN app to secure 100% of your network data. Use my link ExpressVPN.com/Tim today and get an extra three months free on a one-year package!***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? Please fill out the form at tim.blog/sponsor.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferriss

My guest for this episode is Alex Tabarrok, the Bartley J. Madden Chair in Economics at the Mercatus Center and Professor of Economics at George Mason University, blogger at Marginalrevolution.com, co-founder of Marginal Revolution University and co-author with Eric Helland of "Why Are The Prices So Damn High?" which is short, free book and which we discuss on the show.Alex has written many other books and papers and there is a theme of thinking about innovation throughout his work. Several years ago he wrote a book on the topic called "Launching the Innovation Renaissance" which we also touch on as well as how the era of a country's birth affects its institutional makeup, how national rivalries can generate positive externalities (pop quiz: what was NASA's budget as a % of US GDP at its peak?), whether and why there has been a decline in innovation (and what's the difference between innovation, entrepreneurship and economic growth?), where we might look for a model of education reform and how we might get there (what would a hollywood-style investment in education reform look like?) including Alex's own observations in launching his own education platform (marginal revolution university!), and much more!Show Notes:https://notunreasonable.com/2022/01/07/alex-tabarrok-on-innovation-and-the-baumol-effect/

Tyler Cowen, economics professor at George Mason University, talks to Jonathan Kay about the limits of libertarianism, viewpoint diversity in Washington, D.C., and Marginal Revolution University, his new online education venture.

Tyler Cowen, economics professor at George Mason University, talks to Jonathan Kay about the limits of libertarianism, viewpoint diversity in Washington, D.C., and Marginal Revolution University, his new online education venture.

In this episode, MLI Munk Senior Fellow Sean Speer is joined by Tyler Cowen to discuss his latest book, “Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals.” A leading US economist and intellectual, Dr. Cowan was ranked among the “Top 100 Global Thinkers” by Foreign Policy Magazine. Dr. Cowen describes Stubborn Attachments as a defence of a free society with a particular emphasis on long-term thinking and the power of compounding economic growth. He argues that decreasing growth in the US economy is largely to blame for the zero-sum thinking that marks today’s political climate. The conversation also touches on the future Canada’s economy, the geography of political gridlock, effective philanthropy, and the current health of civil society. Tyler Cowen holds the Holbert C. Harris chair in economic at George Mason University and serves as Chairman and Faculty Director of the Mercatus Centre. He is also co-author of popular economic blog Marginal Revolution, co-founder of online education platform Marginal Revolution University, and hosts Conversations with Tyler, a diverse and wide-ranging podcast that “engages today’s deepest thinkers.”

Tyler Cowen is an American economist, academic, and writer. He is the author of books like The Great Stagnation, Average is Over, The Complacent Class, and more. He occupies the Holbert L. Harris Chair of economics, as a professor at George Mason University, and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. Cowen and Tabarrok have also ventured into online education by starting Marginal Revolution University. He currently writes a regular column for Bloomberg View. He also has written for such publications as The New York Times, The Wall Street Journal, Forbes, Time, Wired, Newsweek, and the Wilson Quarterly. Cowen also serves as faculty director of George Mason's Mercatus Center, a university research center that focuses on the market economy. In February 2011, Cowen received a nomination as one of the most influential economists in the last decade in a survey by The Economist. He was ranked #72 among the "Top 100 Global Thinkers" in 2011 by Foreign Policy Magazine "for finding markets in everything." His newest book (subject of conversation today) is Stubborn Attachments. It took him almost 20 years to write it. A few practical tips by Tyler: You should re-read the best books; you should have hobbies that make you think more, and you should argue for what you think is correct, but also understand it’s likely that you’re wrong. Then we talk about big picture things, like: What is Tyler’s view of economic growth and how it happens? ­Have we seen the majority of economic growth from the Internet, or is most of it yet to come? What are the 2 things we—as a society—should prioritize above all else. And also: When should we prioritize economic growth over the redistribution of wealth by government? What are the 3 things scarce in today’s economy? How will future cities look different in 20-30 years from now? And, will the future economy reward generalists or specialists? Learn more about Tyler: On Twitter Marginal Revolution (economic website) Conversations with Tyler (podcast) Tyler Cowen’s Ethnic Dining Guide Amazon Page ============= If you enjoyed this discussion: *Subscribe to Future Skills on: iTunes | Android | Stitcher | Spotify *Join our newsletter for weekly summaries of the episodes.  *Apply for the Future Skills Program Email us at admin@futureskillspodcast.com

Tyler Cowen is Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center at George Mason University. He is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University. His latest book 'Stubborn Attachments' is part of our discussion in this episode. Check out www.economicrockstar.com/tylercowen for all links, books and resources mentioned in this episode. Support the podcast for as little as $1 at www.patreon.com/economicrockstar

Today we have a special bonus episode for you, giving you a look inside the Mercatus Center’s newest project. Those of you who have followed our work over the past year or so may have noticed an increased attention to the idea of policy moonshots: high-risk, high-reward efforts aimed at dramatically improving the world. Today, we’re taking our own advice. This fall, the Mercatus Center will launch “Emergent Ventures,” an incubator designed to fund and support dynamic and promising ideas with the potential to improve society. To talk more about Emergent Ventures, we have a special guest, Tyler Cowen. Tyler is the General Director of the Mercatus Center, and the Holbert Harris Chair of Economics at George Mason University. He is the coauthor of the popular economics blog Marginal Revolution, cofounder of the online educational platform Marginal Revolution University, and host of the podcast Conversations with Tyler. To learn more about the project, check out Emergent Ventures. Follow Chad on Twitter @ChadMReese.

Alex Tabarrok, an economics professor at George Mason University, holds behavioral finance near and dear to his heart—and he’s got lots to show for it! A staunch advocate of financial education, he co-founded Marginal Revolution University, to bring economics education to the masses (listen to the podcast to learn more about its reach). Listen to Alex describe the power of prediction markets, how he teaches investing, his investing philosophy and the challenges and thrills of developing an online curriculum. Enjoy!

Tyler Cowen is an American economist, academic, and writer. He is Chair of economics, as a professor at George Mason University, and is co-author, of the popular economics blog Marginal Revolution. Cowen has also ventured into online education by starting Marginal Revolution University. He currently writes a regular column for Bloomberg View and has written for such publications as The New York Times, The Wall Street Journal, Forbes, Time, Wired, Newsweek, and the Wilson In February 2011, Cowen received a nomination as one of the most influential economists in the last decade in a survey by The Economist. He was ranked #72 among the "Top 100 Global Thinkers" in 2011 by Foreign Policy Magazine "for finding markets in everything." Tyler has published a number of books, including An Economist Gets Lunch: New Rules for everyday foodies, Discover your inner economist, The Great Stagnation , the best selling Average is Over and the newly released The Complacent Class: the self defeating quest for the American Dream. His latest book has received critical praise from best selling thought leaders such as Malcolm Gladwell who says "Tyler Cowen's blog, Marginal Revolution, is the first thing I read every morning. And his brilliant new book, The Complacent Class, has been on my nightstand after I devoured it in one sitting. I am at round-the-clock Cowen saturation right now." Topics Discussed: Is technology making us lazier? Issues with class segregation in society Our echo chambers The education system Immigrants; the non-complacent class Trump making "America great again" Why regulation will slow adoption of emerging tech Are we in a productivity paradox? No more grand projects Algorithms and outsourcing - not just human evolution? What Government needs to do to drive adoption The declining performance of R&D investments Elon Musk - financial dilettante or tech visionary? Gen Y - world changers or lazy? Universal Basic Income (UBI) Evolution of AI and its impact on employment Show Notes: 1) The Complacent Class: The Self-Defeating Quest for the American Dream: https://amzn.to/2Ni8HXO 2) Average Is Over: https://amzn.to/2MBDgT9 3) Marginal Revolution: http://marginalrevolution.com/ 4) Tyler's Website: http://tylercowen.com/ 5) How complacent are you quiz: http://tylercowen.com/complacent-class-quiz/ 6) http://www.mruniversity.com/ 7) Twitter: @tylercowen --- Join the conversation on Facebook: www.facebook.com/groups/futuresquared/where you can discuss episodes, request guests, propose questions for forthcoming guests and access exclusive content and special offers! Listen on iTunes @ goo.gl/sMnEa0 Listen on Spotify @ spoti.fi/2G2QsxV Listen on Stitcher @ www.stitcher.com/podcast/future Listen on Google Play @ bit.ly/FSGoog ‍ If you've got any questions on this podcast feel free to send an email to steve@collectivecamp.us or tweet me on Twitter @steveglaveski or @future_squared Follow me on Instagram: @thesteveglaveski Like us? ‍ It'd make our day if you took 1 minute to show some love on iTunes, Stitcher or Soundcloud by subscribing, sharing and giving us a 5 star rating. ‍ To sign up to our mailing list head to www.futuresquared.xyz For more information on Collective Campus, our innovation hub, school and consultancy based in Australia and Singapore check out www.collectivecampus.io

Econ Duel: Sumner/White Fiat Money vs. the Gold Standard by Marginal Revolution University

Econ Duel: Cowen/Tabarrok Will Machines Take Our Jobs? by Marginal Revolution University

Econ Duel: Cowen/Tabarrok Is Education Signaling Or Skill Building? by Marginal Revolution University

Econ Duel: Cowen/Tabarrok Does Fiscal Policy Work? by Marginal Revolution University

Econ Duel: Cowen/Tabarrok Rent Or Buy? by Marginal Revolution University

Econ Duel: Cowen/Yglesias Why Is The Rent So Damn High? by Marginal Revolution University

Owning a home is a huge part of the American Dream. But is the dream of homeownership really all it’s cracked up to be? In this new Econ Duel from Marginal Revolution University, Professors Tyler Cowen and Alex Tabarrok weigh in on the issue. Each...

The economics blogger and George Mason University professor says the distinction between universities and non-university educators is “crumbling.” Just look at his Marginal Revolution University.

Alex Tabarrok advocates the idea of getting rid of movement restrictions. We tackle some of the most common objections to #openborders that concern economic, institutional, cultural and security issues. Alex is a professor at the George Mason University and co-author of the Marginal Revolution blog. Make sure you check out his other venture with Tyler Cowen, Marginal Revolution University http://www.mruniversity.com/

Alex Tabarrok is Associate Professor of Economics at George Mason University and co-founder (with Tyler Cowen) of Marginal Revolution University, an online platform for learning economics. Alex is a TED speaker with over 640,000 views of his TED talk, How Ideas Trump Crises. In this episode, you will learn: how to ensure that criminals turn up of trial and to reduce the possibility of them becoming a fugitive. why bounty hunters and bail bondsmen are best for the taxpayer. why bounty hunters invited Alex Tabarrok to join them in a bounty hunt. why a mother’s signature on a bail bond is the most effective way of making sure a criminal repays its  due. how the terror alert level results in an increase in police presence and results in a decrease in local crime. whether the best teachers have a positive impact on the future earnings of their students. if a country can have a welfare state and open borders. why immigrants to the United States are the most entrepreneurial. what Marginal Revolution University is about and who it’s for. how to leverage the best teachers and leverage their experience. how artificial intelligence and computer adaptive learning programmes will be the next wave of teaching and learning. and much more. Check out the shownotes and all of the books and resources mentioned in this episode at www.economicrockstar.com/alextabarrok Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode.    

Owning a home is a huge part of the American Dream. But is the dream of homeownership really all it’s cracked up to be? In this new Econ Duel from Marginal Revolution University, Professors Tyler Cowen and Alex Tabarrok weigh in on the issue. Each...

In this video, which is also featured in Marginal Revolution University’s Everyday Economics course, we discuss the key factors behind the rise in innovation and entrepreneurship over the past couple of centuries. The economic historian Deirdre McCloskey...