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Tyler Cowen
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Buying from a local farmer can mean that he makes a two-hour extra truck drive, which can damage the environment more than a bunch of bananas on a boat.
- Tyler Cowen
#Boat
#Drive
#Farmer
#Mean
#Truck
In truth, it's not the shareholders of the American International Group who benefited most from its bailout; they were mostly wiped out. The great beneficiaries have been the creditors and counterparties at the other end of A.I.G.'s derivatives deals - firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, Societe Generale, Barclays and UBS.
- Tyler Cowen
#American
#Bank
#Great
#Group
#Truth
Everything will have a Yelp review. And if you're a worker, there will be like credit scores. There already are to some extent. How reliable are you? How many jobs have you had? Have there been lawsuits filed against you? How many traffic tickets?
- Tyler Cowen
#Credit
#Everything
#How
#Review
#Traffic
For the U.S., I think we should have a carbon tax, for environmental reasons.
- Tyler Cowen
#Carbon
#Environmental
#I Think
#Think
There's so much free material on the Internet you can learn from, and some people are pure self-starters: they pick up computers and teach themselves everything. Certainly there are millions of people like that. But at the same time, I think it's a pretty small percentage of the population.
- Tyler Cowen
#Computers
#Free
#Internet
#People
#Time
I'm a pessimist about the euro, but not about Europe. So the southern periphery, Spain, Italy, Greece, leave - Italy might be the first to go - and the rest stay. That will work just fine. But unless they want to give up democracy, I don't see greater fiscal union as the answer.
- Tyler Cowen
#Democracy
#Rest
#See
#Will
#Work
Economics is sometimes associated with the study and defense of selfishness and material inequality, but it has an egalitarian and civil libertarian core that should be celebrated.
- Tyler Cowen
#Economics
#Inequality
#Sometimes
#Study
The way to make the world a better place, through your eating, is simply to eat a bit less meat. Local is sometimes good, sometimes bad. But even when it's good, its environmental impact is relatively small compared to other possible improvements.
- Tyler Cowen
#Bad
#Eating
#Environmental
#Good
#World
In chess, computers show that what we call 'strategy' is reducible to tactics, ultimately. It only looks creative to us. They are still just glorified cash registers. This should make us feel uncomfortable, whether or not we think computers will ever be good composers of music or artistic painters.
- Tyler Cowen
#Computers
#Feel
#Good
#Music
#Strategy
When humans team up with computers to play chess, the humans who do best are not necessarily the strongest players. They're the ones who are modest and who know when to listen to the computer. Often, what the human adds is knowledge of when the computer needs to look more deeply.
- Tyler Cowen
#Best
#Chess
#Computers
#Knowledge
#Look
I think a lot of people will be liberated from a lot of oppressive manufacturing jobs, or a lot of service jobs, because they'll be done by computers. There'll be the world's best education available online and free.
- Tyler Cowen
#Best
#Computers
#Education
#Service
We're seeing an enormous amount of global upward mobility that's quite rapid and quite sudden, and undiscovered individuals have a chance - using the Internet, using computers - to prove themselves very quickly. So I think the mobility story will be a quite complicated one.
- Tyler Cowen
#Chance
#Computers
#Internet
#Story
#Will
A bad or mediocre meal is more than just an unpleasant taste, it is an unnecessary negation of one of life's pleasures - a wasted chance to refine our palates, learn about the world, and share a rewarding experience.
- Tyler Cowen
#Bad
#Chance
#Experience
#Life
#World
What I would like to vote for is a candidate that is socially liberal, a fiscal conservative, broadly libertarian with a small 'l' but sensible and pragmatic and with a chance of winning. That's more or less the empty set.
- Tyler Cowen
#Candidate
#Chance
#Empty
#Vote
#Winning
If we want to improve American food and make it much cheaper, we should deregulate the food trucks and the other street vendors, provided they meet certain sanitation standards. Many cities have already moved down this path, and people are not keeling over with salmonella.
- Tyler Cowen
#American
#Food
#Path
#People
#Street
Sports is remarkably cognitive. I think it's underrated just how smart it is. Actually, if I had more time, I would spend more time with sports. Watching it, reading about it, I think it's oddly underrated.
- Tyler Cowen
#More
#Smart
#Sports
#Time
#Underrated
The iPhone is made on a global scale, and it blends computers, the Internet, communications, and artificial intelligence in one blockbuster, game-changing innovation. It reflects so many of the things that our contemporary world is good at - indeed, great at.
- Tyler Cowen
#Computers
#Good
#Great
#Intelligence
Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend that heritage. The real contributions of economics to human welfare might turn out to be very different from what most people - even most economists - expect.
- Tyler Cowen
#Economics
#Heritage
#Human
#People
#Real
For the very top earners, vision and inspiration are essential. You need those to become the next Steve Jobs, but perhaps not to be the highest paid dentist in Beverly Hills.
- Tyler Cowen
#Inspiration
#Need
#Next
#Top
#Vision
I think higher ed in the U.S. is fairly healthy, and by global standards it dominates, and it makes people more productive. But a lot of our K-12 is a disaster. And the single most important reform would just be to fire the worst ten or 15 percent of teachers in the lot, and we would have massive improvements.
- Tyler Cowen
#Disaster
#Fire
#Important
#People
#Worst
Often, economists spend their energies squabbling with one another, but arguably the more important contrast is between our broadly liberal economic worldview and the various alternatives - common around the globe - that postulate natural hierarchies of religion, ethnicity, caste and gender, often enforced by law and strict custom.
- Tyler Cowen
#Caste
#Gender
#Important
#Law
#Religion
When I hear people express extreme optimism about the Internet, I say, we've had it in mature form for about ten years. Macroeconomically speaking, those are about the worst 10 years we've had since about the 1930s. I don't blame the Internet for that - that would be ridiculous.
- Tyler Cowen
#Blame
#Internet
#Mature
#Optimism
#Worst
Real cultural diversity results from the interchange of ideas, products, and influences, not from the insular development of a single national style.
- Tyler Cowen
#Development
#Diversity
#Ideas
#Style
Economists love to talk about incentives, but the bottom line is that people hate being controlled or manipulated, even when done through voluntary institutions. This is one of the most important tensions in capitalism.
- Tyler Cowen
#Capitalism
#Done
#Hate
#Important
#Love
Some Google employees have their self-driving vehicles take them to work. These car robots don't look like something from 'The Jetsons'; the driverless features on these cars are a bunch of sensors, wires, and software. This technology 'works.'
- Tyler Cowen
#Car
#Google
#Look
#Software
#Technology
#Work
In most of the world, breakfast is an important meal.
- Tyler Cowen
#Breakfast
#Important
#Meal
#Most
#World
I think people who are not rich can be extremely happy. And I think the chances to be happy in this new world - with many more opportunities to be creative, to be online, to educate yourself - there'll be a lot more chances to be happy. It's not to say everyone will take them, but there will be a lot of new paths to opportunity.
- Tyler Cowen
#Chance
#New
#Opportunity
#Rich
#World
Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.
- Tyler Cowen
#Better
#Economics
#Life
#Understanding
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