Unintended Consequences is full of substance, it is one of the must-read books of the year, and once I finish it I will be giving it a second read through right away. Tyler Cowen More Quotes by Tyler Cowen More Quotes From Tyler Cowen The more information that's out there, the greater the returns to just being willing to sit down and apply yourself. Information isn't what's scarce; it's the willingness to do something with it. Tyler Cowen down-and information return Newton expected no money from establishing his originality but rather desired recognition for his excellence. Tyler Cowen originality recognition excellence Our time and attention is scarce. Art is not that important to us, no matter what we might like to believe. Tyler Cowen important believe art Keep in mind that books, like art museums, are not always geared to the desires of the reader. Tyler Cowen museums book art Apart from the seemingly magical Internet, life in broad material terms isn't so different from what it was in 1953... The wonders portrayed in 'The Jetsons,' the space-age television cartoon from the 1960s, have not come to pass... Life is better and we have more stuff, but the pace of change has slowed down. Tyler Cowen technology space age We need to accept the principle that sometimes poor people will die just because they are poor. Tyler Cowen principles people needs Marshall Jevons is the pioneer for integrating economics and detective fiction, and The Mystery of the Invisible Hand is another fine effort in this genre. Tyler Cowen invisible-hand effort hands The lesson about food is that the most predictable and the most orderly outcomes are always not the best. They are just easier to describe. Fads are orderly. Food carts and fires aren't. Feeding the world could be a delicious mess, full of diverse flavors and sometimes good old-fashioned smoke. Tyler Cowen flavor fire world The hours from 7 to 12 are your time to build for the future before the world descends on you. Tyler Cowen hours 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. Thats more or less the empty set. Tyler Cowen libertarian chance winning It's hard to make money on desserts in the restaurant business today, i don't think many [ restaurants ] benefit when people orderthem anymore. Tyler Cowen politics The more people they serve, the more revenue they get, a lot of restaurantcosts are fixed. Being able to serve more people, to sell them food, drinks, and especially expensive wine, is what varies. Tyler Cowen politics Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life. Tyler Cowen better you economics life 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 hate love people 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 gender important law religion 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 moral people 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 teachers think fire people We will be returning to historical levels of inequality. We'll view post-war America as a kind of strange interlude not to be repeated. It won't be the dreams that we all had that virtually all incomes go up in lockstep at three percent a year. It hurts to give that up. Tyler Cowen view dreams inequality strange The 'low' quality of many American films, and of much American popular culture, induces many art lovers to support cultural protectionism. Few people wish to see the cultural diversity of the world disappear under a wave of American market dominance. Tyler Cowen quality culture people art What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line. Tyler Cowen own know details money
