~marginalrevolution | Bookmarks (8)

Thomas is at the Templeton Foundation, here is the link (with transcript), here is one bit: Tom: …So, I know that you’re a voracious reader, you’re immensely curious. Going back to your childhood, what were some of your favorite books during some of those formative years? Tyler: Well, when I was very small, my favorite books […] The post My podcast with Thomas Burnett appeared...

Here is the video, audio, and transcript, taped in his Apollo office in NYC.  Here is the episode summary: Marc Rowan, co-founder and CEO of Apollo Global Management, joined Tyler to discuss why rising interest rates won’t hurt Apollo’s profitability, why liabilities have traditionally been the weak spot in insurance, why the concept of liquidity […] The post My excellent Conversation with Marc Rowan...

Using a quantitative heterogeneous-agent model calibrated to Korea, we find that fertility would be 28% higher in the absence of the status externality and that childlessness in the poorest quintile would fall from five to less than one percent. We then explore the effects of various government policies. A pro-natal transfer or an education tax […] The post How much does status competition lower...

We discussed how the insights of Hayek, Keynes, Smith, and other great economists help us make sense of AI, growth, risk, human nature, anarchy, central planning, and much more. Dwarkesh is one of the very best interviewers around, here are the links.  If Twitter is blocked to you, here is the transcript, here is Spotify, […] The post My new podcast with Dwarkesh Patel...

That is the focus of my latest Bloomberg column, 2x the normal length.  I cannot cover all the points, but here is one excerpt: The larger theme is becoming evident: AI will radically disrupt power relations in society. AI may severely limit, for instance, the status and earnings of the so-called “wordcel” class. It will […] The post What are the actual dangers of...

He is starting a new podcast and I am perhaps the first episode?  There is video and text and audio.  Here is an excerpt: Lindsey: Did they recognize early on that you were different and that they had a job to do to push you, or no? Cowen: Well, my father thought I was weird, so he […] The post My podcast with Brink Lindsey appeared...

By Andras Ek, forthcoming in the Journal of Political Economy: This paper estimates differences in human capital as country-of-origin-specific labor productivity terms in firm production functions, making it immune to wage discrimination concerns. After accounting for education and experience, estimated human capital varies by a factor of around three between the 90th and the 10th […] The post Cultural Values and Productivity appeared first...