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Dan Ariely • Dollars and Sense

Read Something Wonderful - Kludgeocracy

of larger society. So that’s a very old battle in human history between the self-serving stories of an elite and the stories that can actually help serve a broader society. Part of what we’ve seen in our economics is that elites previously used to appeal to gods, to how our ancestors did it, to the natural order, etc., to make credible their storie

W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium

In 2011 Cowen published a digital pamphlet in which he argued that since the 1973 oil-price shock, America had experienced a hidden crisis of lost growth that would be resolved only by the development of new technology. He called this period the “Great Stagnation”, and he proposed a cultural solution rather than an economic one: raise the social st... See more

archive.ph • Tyler Cowen, the Man Who Wants to Know Everything

Adam

Pedro Domingos • The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World

Tyler Cowen on AI and China

Jordan Schneider chinatalk.media

Tyler Cowen on the Great Stagnation’s End

open.spotify.com

George Stigler, a thirty-five-year-old economist at the University of Minnesota. Inflation had diluted the 40-cent minimum wage, and people were calling for an increase to 60 or even 75 cents an hour, which translates to $9.51 and $11.88 in June 2022 dollars. “Economists have not been very outspoken on this type of legislation,” Stigler wrote. “It