🌟 Tyler Cowen speaks! My short/sharp chat with the economist about innovation, China, talent, and more

Also: The cryptocurrency crash and the US economy

In This Issue

— A conversation with economist Tyler Cowen about innovation, China, talent, and more

— The Mini-Essay: The cryptocurrency crash and the US economy

— Micro Reads: carbon removal, Asian demographics, economics historian Joel Mokyr, and more

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Quote of the Issue

“I do not take the productive powers of economies for granted. Production could be much greater than it is today, and our lives could be more splendid. Or, if we make some big mistakes, production could be much lower, and we could all be much poorer. This simple observation allows us to put the idea of production at the center of our moral theory, because without production, value is problematic.” - Tyler Cowen, Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals

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🌟 A conversation with economist Tyler Cowen about innovation, China, talent, and more

My friend Tyler Cowen, holder of the Holbert C. Harris chair in economics at George Mason University, is a leading American economist and public intellectual. In addition, he’s a columnist at Bloomberg Opinion and co-writes the popular economics blog, Marginal Revolution. (He was named in an Economist poll as one of the most influential economists of the last decade.) Among his many books are Stubborn Attachments, The Complacent Class, Average is Over, and The New York Times bestseller The Great Stagnation. Cowen’s new book, co-written with Daniel Gross is Talent: How to Identify Energizers, Creatives, and Winners Around the World. I have a long podcast chat with Cowen about Talent coming up next week. This chat will cover a bit about that excellent book, but also a variety of other topics.