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Tyler Cowen Quotes

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 Picture Quote #1

After aircraft production, the entertainment industry is America’s largest source of trade surplus Picture Quote #1

Countries with lots of unmarried young men are the most vulnerable to sudden upheavals - this is what fueled the Arab Spring Picture Quote #1

Our time and attention is scarce. Art is not that important to us, no matter what we might like to believe Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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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 Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life Picture Quote #1

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 Picture Quote #1

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In the early stages of negotiation software, on your smartphone, there may be programs that listen to the pitch of a voice, or that test for stress. You’ll just ask the program, ‘Was he lying? Was he eager to do business with me?’ Maybe the computer will be right sixty per cent of the time Picture Quote #1

Look at electricity in human history - it took a few decades for electricity to really revolutionize the American economy. And the Internet will be the same. At some point in the future, we will arrive at a new era of low-hanging fruit Picture Quote #1

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.’ Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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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 Picture Quote #1

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 Picture Quote #1

I’ve been a foodie most of my life. I started when I lived for a year in Germany in my early 20s, and here was this new food environment, and I decided I needed to make sense of it. And I found it was the rules of economics that do the best job. Food is a capitalist product of supply and demand Picture Quote #1

I think as individuals, people overrate the virtues of local food. Most of the energy consumption in our food system is not caused by transportation. Sometimes local food is more energy efficient. But often it’s not. The strongest case for locavorism is to eat less that’s flown on planes, and not to worry about boats Picture Quote #1

France has not only built a bureaucratic barrier against American culture, it has constructed a notorious intellectual case against it as well. The French spend hundreds of millions of dollars subsidizing film production, extend interest-free loans to designated filmmakers, and have placed quotas not only on imports but on television time Picture Quote #1

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 Picture Quote #1

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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 Picture Quote #1

I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization Picture Quote #1

In most of the world, breakfast is an important meal Picture Quote #1

Most of us are not pure self-starters; most people need role models, they need coaches, they need exemplars, they maybe need some discipline or some rewards. We need to be motivated Picture Quote #1

After aircraft production, the entertainment industry is America’s largest source of trade surplus Picture Quote #1

I’m not a vegetarian. But I think people who are vegetarians, they are actually more virtuous than the rest of us. I think they should be admired Picture Quote #1

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Friendship Quotes

Motivational Quotes

Inspirational Quotes

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Text Quotes

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 Quotes) After aircraft production, the entertainment industry is America’s largest source of trade surplus. (Tyler Cowen Quotes) Countries with lots of unmarried young men are the most vulnerable to sudden upheavals - this is what fueled the Arab Spring. (Tyler Cowen Quotes) Our time and attention is scarce. Art is not that important to us, no matter what we might like to believe... (Tyler Cowen Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life. (Tyler Cowen Quotes) 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 Quotes) In the early stages of negotiation software, on your smartphone, there may be programs that listen to the pitch of a voice, or that test for stress. You’ll just ask the program, ‘Was he lying? Was he eager to do business with me?’ Maybe the computer will be right sixty per cent of the time. (Tyler Cowen Quotes) Look at electricity in human history - it took a few decades for electricity to really revolutionize the American economy. And the Internet will be the same. At some point in the future, we will arrive at a new era of low-hanging fruit. (Tyler Cowen Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) I’ve been a foodie most of my life. I started when I lived for a year in Germany in my early 20s, and here was this new food environment, and I decided I needed to make sense of it. And I found it was the rules of economics that do the best job. Food is a capitalist product of supply and demand. (Tyler Cowen Quotes) I think as individuals, people overrate the virtues of local food. Most of the energy consumption in our food system is not caused by transportation. Sometimes local food is more energy efficient. But often it’s not. The strongest case for locavorism is to eat less that’s flown on planes, and not to worry about boats. (Tyler Cowen Quotes) France has not only built a bureaucratic barrier against American culture, it has constructed a notorious intellectual case against it as well. The French spend hundreds of millions of dollars subsidizing film production, extend interest-free loans to designated filmmakers, and have placed quotas not only on imports but on television time. (Tyler Cowen Quotes) 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 Quotes) 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 Quotes) I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization. (Tyler Cowen Quotes) In most of the world, breakfast is an important meal (Tyler Cowen Quotes) Most of us are not pure self-starters; most people need role models, they need coaches, they need exemplars, they maybe need some discipline or some rewards. We need to be motivated (Tyler Cowen Quotes) After aircraft production, the entertainment industry is America’s largest source of trade surplus (Tyler Cowen Quotes) I’m not a vegetarian. But I think people who are vegetarians, they are actually more virtuous than the rest of us. I think they should be admired (Tyler Cowen Quotes)

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