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" A lot of local food is very tasty. I'm very happy to eat it. I just don't think it's the same thing as saving the world. "
Tyler Cowen
Food
Eat
Happy
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" When you look at the actual data on technological innovation, one thing you see is that what I call the 'low-hanging fruit' has been exhausted. So radio, flush toilets, electricity, and automobiles - a lot of very basic inventions - have spread to almost all households. "
Tyler Cowen
Look
See
You
" 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
Computers
Good
Music
" We need to accept the principle that sometimes poor people will die just because they are poor. "
Tyler Cowen
Accept
People
Sometimes
" I'm not a vegetarian. But I think people who are vegetarians, they are actually more virtuous than the rest of us. I think they should be admired. "
Tyler Cowen
Rest
People
More
" 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
Congress
Want
Country
" In the early stages of negotiation software, on your smartphone, there may be programs that listen to the pitch of a voice, or that test for stress. You'll just ask the program, 'Was he lying? Was he eager to do business with me?' Maybe the computer will be right sixty per cent of the time. "
Tyler Cowen
Me
Business
Voice
" 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
Intelligence
Good
Great
" 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
Truth
Great
End
" 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
Pure
Discipline
Need
" There's so much free material on the Internet you can learn from, and some people are pure self-starters: they pick up computers and teach themselves everything. Certainly there are millions of people like that. But at the same time, I think it's a pretty small percentage of the population. "
Tyler Cowen
Computers
People
Time
" 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
Chance
Vote
Winning
" For the U.S., I think we should have a carbon tax, for environmental reasons. "
Tyler Cowen
Carbon
Think
Tax
" At least in the United States, most economic resentment is not directed toward billionaires or high-roller financiers - not even corrupt ones. It's directed at the guy down the hall who got a bigger raise. It's directed at the husband of your wife's sister, because he earns 20 percent more than you do. "
Tyler Cowen
You
Down
Husband
" Often, economists spend their energies squabbling with one another, but arguably the more important contrast is between our broadly liberal economic worldview and the various alternatives - common around the globe - that postulate natural hierarchies of religion, ethnicity, caste and gender, often enforced by law and strict custom. "
Tyler Cowen
Important
Gender
Law
" To get anything done, Obama has to be seen as having winning economy - which isn't easy. "
Tyler Cowen
Anything
Economy
Winning
" The way to make the world a better place, through your eating, is simply to eat a bit less meat. Local is sometimes good, sometimes bad. But even when it's good, its environmental impact is relatively small compared to other possible improvements. "
Tyler Cowen
Place
Environmental
Good
" I sometimes say I am a 'happiness optimist' but a 'revenue pessimist.' "
Tyler Cowen
Say
I Am
Happiness
" 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
Economics
Heritage
Moral
" 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
Opportunity
Happy
Yourself
" I've been a foodie most of my life. I started when I lived for a year in Germany in my early 20s, and here was this new food environment, and I decided I needed to make sense of it. And I found it was the rules of economics that do the best job. Food is a capitalist product of supply and demand. "
Tyler Cowen
Rules
Life
Food
" I think as individuals, people overrate the virtues of local food. Most of the energy consumption in our food system is not caused by transportation. Sometimes local food is more energy efficient. But often it's not. The strongest case for locavorism is to eat less that's flown on planes, and not to worry about boats. "
Tyler Cowen
People
Think
Eat
" If we want to improve American food and make it much cheaper, we should deregulate the food trucks and the other street vendors, provided they meet certain sanitation standards. Many cities have already moved down this path, and people are not keeling over with salmonella. "
Tyler Cowen
Street
Path
Food
" Everything will have a Yelp review. And if you're a worker, there will be like credit scores. There already are to some extent. How reliable are you? How many jobs have you had? Have there been lawsuits filed against you? How many traffic tickets? "
Tyler Cowen
You
Everything
Credit
" Some Google employees have their self-driving vehicles take them to work. These car robots don't look like something from 'The Jetsons'; the driverless features on these cars are a bunch of sensors, wires, and software. This technology 'works.' "
Tyler Cowen
Employees
Work
Car
" Look at electricity in human history - it took a few decades for electricity to really revolutionize the American economy. And the Internet will be the same. At some point in the future, we will arrive at a new era of low-hanging fruit. "
Tyler Cowen
Fruit
American
Look
" Real cultural diversity results from the interchange of ideas, products, and influences, not from the insular development of a single national style. "
Tyler Cowen
Diversity
Style
Results
" 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
Life
Experience
Bad
" I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization. "
Tyler Cowen
Automation
Value
Globalization
" I think higher ed in the U.S. is fairly healthy, and by global standards it dominates, and it makes people more productive. But a lot of our K-12 is a disaster. And the single most important reform would just be to fire the worst ten or 15 percent of teachers in the lot, and we would have massive improvements. "
Tyler Cowen
Teachers
People
Fire
" 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
Story
Chance
Computers