Simon Johnson on Banking, Technology, and Prosperity

Simon Johnson on Banking, Technology, and Prosperity

What's more intense than leading the IMF during a financial crisis? For Simon Johnson, it was co-authoring a book with fellow economist (and past guest) Daron Acemoglu. Written in six months, their book Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity, argues that widespread prosperity is not the natural consequence of technological progress, but instead only happens when there is a conscious effort to bend the direction and gains from technological advances away from the elite.

Tyler and Simon discuss the ideas in the book and on Simon's earlier work on finance and banking, including at what size a US bank is small enough to fail, the future of deposit insurance, when we'll see a central bank digital currency, his top proposal for reforming the IMF, how quickly the Industrial Revolution led to widespread prosperity, whether AI will boost wages, how he changed his mind on the Middle Ages, the key difference in outlook between him and Daron, how he thinks institutions affect growth, how to fix northern England's economic climate, whether the UK should join NAFTA, improving science policy, the Simon Johnson production function, whether MBAs are overrated, the importance of communication, and more.

Read a full transcript enhanced with helpful links, or watch the full video.

Recorded March 21st, 2023

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Photo credit: MIT

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Steven Pinker on Language, Reason, and the Future of Violence (Live at Mason)

Steven Pinker on Language, Reason, and the Future of Violence (Live at Mason)

Steven Pinker has spent an entire academic career thinking deeply about language, cognition, and human nature. Driving it all, he says, is an Enlightenment belief that the world is intelligible, science can progress, and through rational inquiry we can better understand ourselves. He recently joined Tyler for a conversation not only on the power of reason, but also the economics of irrational verbs, whether violence will continue to decline, behavioral economics, existential threats, the merits of aerobic exercise, photography, group selection, Fermi's paradox, Noam Chomsky, universal grammar, free will, the Ed Sullivan show, and why people underrate the passive (or so it is thought). Read a full transcript enhanced with helpful links, or watch the full video. Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Follow Steven on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.

2 Marras 20161h 26min

Ezra Klein on Media, Politics, and Models of the World

Ezra Klein on Media, Politics, and Models of the World

Ezra Klein, editor-in-chief of Vox.com, joins Tyler Cowen for a conversation on biases in digital media, the morality of meat-eating, how working for large organizations has changed his worldview, the psychographics of CEOs, what's missing in public discourse, the most underrated member of the Obama administration, and why you should never follow his lead on what's good culture. Read a full transcript enhanced with helpful links. Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Follow Ezra on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox. Note: This podcast is also being released to listeners of The Ezra Klein Show. We encourage CWT listeners to check out his show if you haven't already. Special thanks also to Panoply for lending us production help for this podcast.

6 Loka 20161h 17min

Margalit Fox on Life, Death, and the Best Job in Journalism

Margalit Fox on Life, Death, and the Best Job in Journalism

The stereotypical obituary is a formulaic recitation of facts — dry, boring, and without craft. But Margalit Fox has shown the genre can produce some of the most memorable and moving stories in journalism. Exploiting its "pure narrative arc," Fox has penned over 1,200 obituaries, covering well-known and obscure subjects with equal aplomb. In her conversation with Tyler Cowen, Fox reveals not only the process for writing an obituary, but her thoughts on life, death, storytelling, puzzle-solving, her favorite cellist, and how it came to be that an economist sang opera 86 times at the Met. Read a full transcript enhanced with helpful links, or watch the full video. Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Follow Margalit on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.

24 Elo 201647min

Michael Orthofer on Why Fiction Matters

Michael Orthofer on Why Fiction Matters

Michael Orthofer, one of the world's most prolific book reviewers, joins Tyler Cowen for a conversation on — what else? — books. Read to discover why Michael believes everyone should read more fiction, how we should choose books, why American popular literature is overrated, what he thinks about authors like Herman Melville, Fyoder Dostoevsky, Goethe, J.K. Rowling, Arno Schmidt, and many others, his recommendations for the best sites for readers, why studying literature at college was such a big disappointment, how much book covers matter, and why his opinion will never be the final word. Check out the reader Q&A here and the Strand shopping video here. Read a full transcript enhanced with helpful links. Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Follow Michael on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.

27 Heinä 201656min

Cass Sunstein on Judicial Minimalism, the Supreme Court, and Star Wars (Live at Mason)

Cass Sunstein on Judicial Minimalism, the Supreme Court, and Star Wars (Live at Mason)

Cass Sunstein joins Tyler Cowen for a conversation on judicial minimalism, Bob Dylan's best album, the metaphysics of nudging, Byatt's Possession, the ideal size of the Supreme Court, Hayek, why people should choose their own path, the benefits of a banned products store, James Joyce, and, oh yeah, Star Wars. Read a full transcript enhanced with helpful links, or watch the full video. Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Follow Cass on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.

22 Kesä 20161h 17min

Camille Paglia on her Lifestyle of Observation (Live at Mason)

Camille Paglia on her Lifestyle of Observation (Live at Mason)

Camille Paglia joins Tyler Cowen for a conversation on the brilliance of Bowie, lamb vindaloo, her lifestyle of observation, why writers need real jobs, Star Wars, Harold Bloom, Amelia Earhart, Edmund Spenser, Brazil, why she is most definitely not a cultural conservative, and much more. Read a full transcript enhanced with helpful links, or watch the full video. Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.

25 Huhti 20161h 26min

Jonathan Haidt on Morality, Politics, and Intellectual Diversity on Campus

Jonathan Haidt on Morality, Politics, and Intellectual Diversity on Campus

Social psychologist Jonathan Haidt joins Tyler Cowen for a conversation on morality, politics, disgust, how to maintain free speech on campus, the enriching effects of LSD, antiparsimonialism, and why economists set all the interesting variables to zero. Read a full transcript enhanced with helpful links. Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Follow Jonathan on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.

24 Maalis 20161h 9min

Nate Silver on the Supreme Court and the Underrated Stat for Finding Good Food (Live at Mason)

Nate Silver on the Supreme Court and the Underrated Stat for Finding Good Food (Live at Mason)

Nate Silver joins Tyler Cowen for a conversation on data, forecasting, My Bloody Valentine, the social value of gambling, Donald Trump and the presidential field, vacation advice, Supreme Court picks, the wisdom of Björk, and the most underrated statistic for finding good food. Read a full transcript enhanced with helpful links, or watch the full video. Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter Follow Nate on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.

23 Helmi 20161h 21min

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