Buying from a local farmer can mean that he makes a two-hour extra truck drive, which can damage the environment more than a bunch of bananas on a boat. Tyler Cowen bananaboatbunch Change image and share on social
Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life. Tyler Cowen decisioneconomicshappy Change image and share on social
What I would like to vote for is a candidate that is socially liberal, a fiscal conservative, broadly libertarian with a small 'l' but sensible and pragmatic and with a chance of winning. That's more or less the empty set. Tyler Cowen broadlycandidatechance 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
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
Real cultural diversity results from the interchange of ideas, products, and influences, not from the insular development of a single national style. Tyler Cowen culturaldevelopmentdiversity Change image and 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
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 iPhone is made on a global scale, and it blends computers, the Internet, communications, and artificial intelligence in one blockbuster, game-changing innovation. It reflects so many of the things that our contemporary world is good at - indeed, great at. Tyler Cowen artificialblendblockbuster share on social
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 bankcounterpartycreditor share on social