My guest today is Tyler Cowen, an American economist, columnist and blogger. He 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, together with co-author Alex Tabarrok.
The topic is economics.
In this episode of Trend Following Radio we discuss:
- Sabermetrics and the new idea that we will be judged by numbers
- Cowen’s early experience studying under Nobel Prize winner Thomas Schelling
- The notion of thinking in terms of paradoxes
- Why we’re moving from the 1% to the 15%
- “Average is over” and why Singapore and Israel are the two places in the world where this has come true first
- Problems because of “average is over” in Singapore
- Pure free markets
- Thinking about why past regulations have failed
- How computers change us
- Globalization, where things are headed, and what we should be prepared for
- Zero marginal product workers
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