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
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 americanartcultural share on social
In most of the world, breakfast is an important meal. Tyler Cowen breakfastimportantmeal Change image and share on social
Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend that heritage. The real contributions of economics to human welfare might turn out to be very different from what most people - even most economists - expect. Tyler Cowen approachcherishcontribution share on social
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 chancecreativeeducate share on social
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 coachdisciplineexemplar Change image and share on social
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 americanbailoutbank share on social
Presidents always want to do nice, noble, long-run things, and Congress is less keen to do so. We've seen that throughout the history of this country. Tyler Cowen congresscountryhave Change image and share on social
For the U.S., I think we should have a carbon tax, for environmental reasons. Tyler Cowen carbonenvironmentalreason Change image and share on social
To get anything done, Obama has to be seen as having winning economy - which isn't easy. Tyler Cowen easyeconomyobama Change image and share on social