I'm a pessimist about the euro, but not about Europe. So the southern periphery, Spain, Italy, Greece, leave - Italy might be the first to go - and the rest stay. That will work just fine. But unless they want to give up democracy, I don't see greater fiscal union as the answer. Tyler Cowen answerdemocracyeuro share on social
In most of the world, breakfast is an important meal. Tyler Cowen breakfastimportantmeal Change image and share on social
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 computereducationfree share on social
A bad or mediocre meal is more than just an unpleasant taste, it is an unnecessary negation of one of life's pleasures - a wasted chance to refine our palates, learn about the world, and share a rewarding experience. Tyler Cowen badchanceexperience share on social
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 americadreamgive share on social
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 artisticcallcash share on social
Throwing more science at things isn't always the answer. Tyler Cowen answersciencething Change image and share on social
If you and your skills are a complement to the computer, your wage and labor market prospects are likely to be cheery. If your skills do not complement the computer, you may want to address that mismatch. Ever more people are starting to fall on one side of the divide or the other. That's why 'average is over.' Tyler Cowen addressaveragecheery share on social
I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization. Tyler Cowen addautomationfavor Change image and share on social
We're seeing an enormous amount of global upward mobility that's quite rapid and quite sudden, and undiscovered individuals have a chance - using the Internet, using computers - to prove themselves very quickly. So I think the mobility story will be a quite complicated one. Tyler Cowen amountchancecomplicate share on social