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For many artists fame complements the value of creative self-expression. Ludwig van Beethoven loved composing music, but he probably would have enjoyed it less if no one ever listened to the product.

Tyler Cowen

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Tyler Cowen
Age: 62
Born: 1962
Born: January 21
Blogger
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Bergen County
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In most of the world, breakfast is an important meal.
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Our time and attention is scarce. Art is not that important to us, no matter what we might like to believe.
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I sometimes call Donald Trump the placebo president. He will talk a big game, but for domestic policy I think change remarkably little.
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Unintended Consequences is full of substance, it is one of the must-read books of the year, and once I finish it I will be giving it a second read through right away.
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If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.
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Real cultural diversity results from the interchange of ideas, products, and influences, not from the insular development of a single national style.
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Newton expected no money from establishing his originality but rather desired recognition for his excellence.
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We need to accept the principle that sometimes poor people will die just because they are poor.
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People feel better because Donald Trump says all kinds of things no one else would say and we get certain tendencies out of our system. So if attacking immigrants, say, is a substitute for doing something worse, there's at least a scenario under which that's a better alternative than something else that might have happened.
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My view of the internet is that it is way overrated in what it’s done to date but considerably underrated in what it will do.
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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. Thats more or less the empty set.
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The right wing will be identified with the monied class, even when the left often has more money. And the left wing will be identified as the whiners, even though the right at times whines as much or more. You might say that both sides are monied, high human capital whiners, on the whole.
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Understanding economics can help you make better decisions and lead a happier life.
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The more information that's out there, the greater the returns to just being willing to sit down and apply yourself. Information isn't what's scarce it's the willingness to do something with it.
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The lesson about food is that the most predictable and the most orderly outcomes are always not the best. They are just easier to describe. Fads are orderly. Food carts and fires aren't. Feeding the world could be a delicious mess, full of diverse flavors and sometimes good old-fashioned smoke.
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Apart from the seemingly magical Internet, life in broad material terms isn't so different from what it was in 1953... The wonders portrayed in 'The Jetsons,' the space-age television cartoon from the 1960s, have not come to pass... Life is better and we have more stuff, but the pace of change has slowed down.
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Our love of art is often quite temporary, dependent upon our moods, and our love of art is subservient to our demand for a positive self-image. How we look at art should account for those imperfections and work around them.
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Beethoven and Michelangelo, who sold their artworks for profit, were entrepreneurs and capitalists.
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Marcel Proust shut out visitors from his cork-lined room, where he wrote, but he probably expected to be immortalized in the literary canon. Even the most introverted drives and motives are set in a social context and amplified by the potential for achieving fame.
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