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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.

Tyler Cowen

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Tyler Cowen
Age: 62
Born: 1962
Born: January 21
Blogger
Economist
Pedagogue
University Teacher
Writer
Bergen County
New Jersey
Little
Donald
Sometimes
Policy
Think
Game
Thinking
Trump
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Talk
Placebo
President
Remarkably
Change
Domestic

More quotes by Tyler Cowen

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Keep in mind that books, like art museums, are not always geared to the desires of the reader.
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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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Beethoven and Michelangelo, who sold their artworks for profit, were entrepreneurs and capitalists.
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The hours from 7 to 12 are your time to build for the future before the world descends on you.
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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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I'm not optimistic about reform in many, if any, policy areas at all. I think we'll make further progress by inventing new things that aren't much regulated yet and outracing bad policy. I look at so many policy areas - regulation, regulatory reform, health care reform - it's all failing, we're not making improvements, we're going backwards.
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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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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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Understanding economics can help you make better decisions and lead a happier life.
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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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Economics is sometimes associated with the study and defense of selfishness and material inequality, but it has an egalitarian and civil libertarian core that should be celebrated.
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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 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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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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Newton expected no money from establishing his originality but rather desired recognition for his excellence.
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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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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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We need to accept the principle that sometimes poor people will die just because they are poor.
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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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In most of the world, breakfast is an important meal.
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