"Libertarian paternalism, we think, is a promising foundation for bipartisanship." Write Cass Sunstein and Richard Thaler in their book Nudge. The authors are in favor of a governance structure that does not eliminate choice and possibility for people in the world. They are in favor of a system that allows flexibility for the people who … Continue reading Nudges Versus Regulation
Category: Tyler Cowen
Risk Averse and Risk Seeking
I would generally categorize myself as somewhat risk averse, but studies from Daniel Kahneman in Thinking Fast and Slow might suggest that I'm not really any different than anyone else. I might just be responding to the set of circumstances that I typically experience, similar to anyone else, and I might just be more aware … Continue reading Risk Averse and Risk Seeking
Making Connections From Rich Representations of Things
On August 12th, Tyler Cowen released a podcast interview with Stanford Economics Professor Nicholas Bloom on his podcast Conversations with Tyler. In response to a question from Cowen about making adjustments in his life, Bloom said the following: "For me, I really like to read broadly rather than deeply — sounds an odd thing to say. … Continue reading Making Connections From Rich Representations of Things
Skill Versus Effort
In the world of sports, I have always enjoyed the saying that someone is so good at something they make it look easy. While I usually hear the saying in relation to physical activity, it also extends to other generally challenging activities – Kobe made the fadeaway jumper look easy, Tyler Cowen makes blogging look … Continue reading Skill Versus Effort
Focus on Process
Recently, Tyler Cowen released a podcast interview he did with Annie Duke, someone I remember from the days when my brother watched tournaments for the World Series of Poker. A line from the interview really stood out to me and is something I think about in my life all the time, but haven't stated as eloquently … Continue reading Focus on Process
Self-Seeking Versus Unselfishness
"The world is so full of people who are grabbing and self-seeking. So the rare individual who unselfishly tries to serve others has an enormous advantage." Dale Carnegie wrote that line in his book How to Win Friends and Influence People. The line comes right after he describes a day where he encountered two … Continue reading Self-Seeking Versus Unselfishness
When Are We Happy?
"During any given day people are typically least happy while commuting and most happy while canoodling," writes Dan Pink in his book When. I currently have a long commute, and I have found that a long drive makes me more irritable, makes me feel more rushed in general, and really does lower the quality of … Continue reading When Are We Happy?
Providing Meaningful Integration Opportunities for Our Youth
In The Complacent Class, Tyler Cowen writes about a decline in people moving in the United States. Rates of people moving across state lines, from one city to another, or even just across town seem to be on the decline. People seem to be less willing to take risks and put themselves in new places. … Continue reading Providing Meaningful Integration Opportunities for Our Youth
The Whole
The United States is an interesting place. We have become an incredibly wealthy nation and have done things to advance things like technology, living standards, and scientific knowledge in ways that have improved the entire globe. The achievements of the United States have come while we have simultaneously adopted a narrative of individuality and individual … Continue reading The Whole
Political Realism
The last presidential election in the United States was undoubtedly an election unconstrained by political reality, feasibility, and truth. Both parties saw candidates from the outside make huge promises and sweeping generalizations during the campaign, with little or no consideration for how things could actually work in our political environment and economic system. President Trump … Continue reading Political Realism