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 Copy Share Image
France has not only built a bureaucratic barrier against American culture, it has constructed a notorious intellectual case against it as well. The French… — Tyler Cowen Copy Share Image
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… — Tyler Cowen Copy Share Image
“The great adventures of life, the surprise of strangers, of strangeness, of the electric and eclectic moments of happenstance, and also of extreme ambition,… — Tyler Cowen Copy Share Image
“Mark Liszewski, executive director of the Antique Automobile Club of America Museum (Hershey, Pennsylvania), remarked: “Instead of Ford versus Chevy, it’s Apple versus Android.… — Tyler Cowen Copy Share Image
“Americans are in fact working much harder than before to postpone change, or to avoid it altogether, and that is true whether we’re talking… — Tyler Cowen Copy Share Image
“three-quarters of today’s youth between the ages of seventeen and twenty-four are unfit to serve for one reason or another.” — Tyler Cowen Copy Share Image
“Once you're using sides and sauces you're on the right track and you're also following the general principles about how to eat well in… — Tyler Cowen Copy Share Image
A lot of local food is very tasty. I'm very happy to eat it. I just don't think it's the same thing as saving… — Tyler Cowen Copy Share Image
If you and your skills are a complement to the computer, your wage and labor market prospects are likely to be cheery. If your… — Tyler Cowen Copy Share Image
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… — Tyler Cowen Copy Share Image
“In other words, a culture of the casual is a culture of people who already have achieved something and who already can prove it.… — Tyler Cowen Copy Share Image
I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization. — Tyler Cowen Copy Share Image
“Few people read coffee-table photo books, and indeed they are not intended to be read. I find the text in these books is often… — Tyler Cowen Copy Share Image
“As chain stores rise, there is also a loss of dynamism, competition, and market entry for new ideas and products. Keep in mind that… — Tyler Cowen Copy Share Image
The lesson about food is that the most predictable and the most orderly outcomes are always not the best. They are just easier to… — Tyler Cowen Copy Share Image
