Everyday Economics - Tyler Cowen On...

Help decide the topic of our next MRU video. Vote on other questions or propose your own topic.

What questions do you have for Tyler Cowen?

You've used all your votes and won't be able to post a new idea, but you can still search and comment on existing ideas.

There are two ways to get more votes:

  • When an admin closes an idea you've voted on, you'll get your votes back from that idea.
  • You can remove your votes from an open idea you support.
  • To see ideas you have already voted on, select the "My feedback" filter and select "My open ideas".
(thinking…)

Enter your idea and we'll search to see if someone has already suggested it.

If a similar idea already exists, you can support and comment on it.

If it doesn't exist, you can post your idea so others can support it.

Enter your idea and we'll search to see if someone has already suggested it.

  1. The investment / profit problem

    Investments lead to profits, not always of course but there are certain investments that barely contain any risk. If we need investments to increase productivity, does this system not favor automatically those who already have more in an eternal recursive loop?

    Is there such thing as the investment/profit problem that leads to a spiral of inequality?

    3 votes
    Vote
    Sign in
    Check!
    (thinking…)
    Reset
    or sign in with
    • facebook
    • google
      Password icon
      I agree to the terms of service
      Signed in as (Sign out)
      You have left! (?) (thinking…)
    • 2 votes
      Vote
      Sign in
      Check!
      (thinking…)
      Reset
      or sign in with
      • facebook
      • google
        Password icon
        I agree to the terms of service
        Signed in as (Sign out)
        You have left! (?) (thinking…)
      • Missing labor in GDP numbers

        Why, if I purchase a sandwich in a restaurant, is that labor counted as a contribution to GDP, but if I make it myself, at home, it isn't? I don't mean the obvious reason that the restaurant charges, whereas I don't. I mean how come one labor is valued and another isn't, even though the labor is identical and clearly real - the product, my sandwich, is produced.

        Is this a flaw? Where else has it been addressed?

        2 votes
        Vote
        Sign in
        Check!
        (thinking…)
        Reset
        or sign in with
        • facebook
        • google
          Password icon
          I agree to the terms of service
          Signed in as (Sign out)
          You have left! (?) (thinking…)
        • Why does the percentage we tip in restaurants go up even as the cost of the food goes up, presumably while keeping up with inflation?

          Does this make sense?

          I think this practice is akin to double dipping into my pocketbook, therefor I tend to avoid eating out like the plague. As more people begin to think, I think this practice will escalate making it easier for other thinking people to come to the same realization, with the result that fewer people will eat out.

          I also suspect that the people who support such ideas don't follow their own recommendations (did Hillary tip at Chipotle?).

          2 votes
          Vote
          Sign in
          Check!
          (thinking…)
          Reset
          or sign in with
          • facebook
          • google
            Password icon
            I agree to the terms of service
            Signed in as (Sign out)
            You have left! (?) (thinking…)
          • Thank You!

            Just wanted to thank Tyler Cowen, Alex Tabarrok, and Don Boudreaux for the fabulous videos and courses! They are fascinating and so nourishing for the mind. You have made your videos interesting, easy and extremely informative.

            Just needed to get that off my chest.

            Thanks once again.

            2 votes
            Vote
            Sign in
            Check!
            (thinking…)
            Reset
            or sign in with
            • facebook
            • google
              Password icon
              I agree to the terms of service
              Signed in as (Sign out)
              You have left! (?) (thinking…)
            • "It's JUST like that... only it's not"... Environmental Economics

              I'd love a series of videos on some "environmental economics" topics to help me understand some of the things that (currently) baffle me in class. Perhaps it's a lack of 'market signals' because natural resources (think fresh water, clean air, etc.) aren't bought and sold; however, it seems that some of the normal supply/demand microeconomics principles don't function correctly (example may be electricity in California when power companies went 'commercial').

              2 votes
              Vote
              Sign in
              Check!
              (thinking…)
              Reset
              or sign in with
              • facebook
              • google
                Password icon
                I agree to the terms of service
                Signed in as (Sign out)
                You have left! (?) (thinking…)
              • 1 vote
                Vote
                Sign in
                Check!
                (thinking…)
                Reset
                or sign in with
                • facebook
                • google
                  Password icon
                  I agree to the terms of service
                  Signed in as (Sign out)
                  You have left! (?) (thinking…)
                • 1 vote
                  Vote
                  Sign in
                  Check!
                  (thinking…)
                  Reset
                  or sign in with
                  • facebook
                  • google
                    Password icon
                    I agree to the terms of service
                    Signed in as (Sign out)
                    You have left! (?) (thinking…)
                  • 1 vote
                    Vote
                    Sign in
                    Check!
                    (thinking…)
                    Reset
                    or sign in with
                    • facebook
                    • google
                      Password icon
                      I agree to the terms of service
                      Signed in as (Sign out)
                      You have left! (?) (thinking…)
                    • 1 vote
                      Vote
                      Sign in
                      Check!
                      (thinking…)
                      Reset
                      or sign in with
                      • facebook
                      • google
                        Password icon
                        I agree to the terms of service
                        Signed in as (Sign out)
                        You have left! (?) (thinking…)
                      • Travel

                        Travel. Tyler should do a few videos on travel and how to learn from travel. What to look for in low-wage or high-wage or high-land price or very corrupt economies. Using economics to decide where and when to go, etc.

                        1 vote
                        Vote
                        Sign in
                        Check!
                        (thinking…)
                        Reset
                        or sign in with
                        • facebook
                        • google
                          Password icon
                          I agree to the terms of service
                          Signed in as (Sign out)
                          You have left! (?) (thinking…)
                        • How important are corn futures to corn growers? Do they really use these to make production decisions?

                          The corn you grow today won't be ready to sell for months down the road, so current spot prices may not give you a good idea for what your product will sell for. Do corn growers actually use prices on the future's market to solve this problem? If so, how well does this system work?

                          1 vote
                          Vote
                          Sign in
                          Check!
                          (thinking…)
                          Reset
                          or sign in with
                          • facebook
                          • google
                            Password icon
                            I agree to the terms of service
                            Signed in as (Sign out)
                            You have left! (?) (thinking…)
                          • How can policy in the U.S. curb complacency and encourage innovation?

                            There is growing talk about the problem of complacency. Is there something that can be done to turn the "carrots and sticks" in order to encourage innovation and curb complacency?

                            1 vote
                            Vote
                            Sign in
                            Check!
                            (thinking…)
                            Reset
                            or sign in with
                            • facebook
                            • google
                              Password icon
                              I agree to the terms of service
                              Signed in as (Sign out)
                              You have left! (?) (thinking…)
                            • 1 vote
                              Vote
                              Sign in
                              Check!
                              (thinking…)
                              Reset
                              or sign in with
                              • facebook
                              • google
                                Password icon
                                I agree to the terms of service
                                Signed in as (Sign out)
                                You have left! (?) (thinking…)
                              • Does government competition encourage better government?

                                Are bad governments pushed to adopt better policies by the existence of better neighbors? For instance, did the existence of a prosperous Hong Kong help prove the benefits of the free market to China? Do US states and their rivalries (i.e. Texas vs. California) push states to do better? What would make government competition more effective in promoting better policies? More federalism etc.

                                1 vote
                                Vote
                                Sign in
                                Check!
                                (thinking…)
                                Reset
                                or sign in with
                                • facebook
                                • google
                                  Password icon
                                  I agree to the terms of service
                                  Signed in as (Sign out)
                                  You have left! (?) (thinking…)
                                • Basic Income and Finland

                                  Basic income what is it?
                                  What are the Fins doing?
                                  Maybe connect it to the new book Complacent Class.

                                  1 vote
                                  Vote
                                  Sign in
                                  Check!
                                  (thinking…)
                                  Reset
                                  or sign in with
                                  • facebook
                                  • google
                                    Password icon
                                    I agree to the terms of service
                                    Signed in as (Sign out)
                                    You have left! (?) (thinking…)
                                  • race and economics: the rise and fall of Malaysia

                                    Malaysia's growth and social engineering has been steady. It turned itself into a industrialized and service economy from a poor commodity exporter. To a large extent, social equity was preserved through social engineering through Tabung Haji, Felda and Affirmatory action policies. However, racial politics was both a boon and a bane. One stable government with reasonable governance proved to be good for the Malaysian economy over 40 years. however the PM who put Malaysia on the map also destroyed the country's system of check and balances in the political system. it destroyed the independence of the judiciary , the professionalism…

                                    1 vote
                                    Vote
                                    Sign in
                                    Check!
                                    (thinking…)
                                    Reset
                                    or sign in with
                                    • facebook
                                    • google
                                      Password icon
                                      I agree to the terms of service
                                      Signed in as (Sign out)
                                      You have left! (?) (thinking…)
                                    • With China's worsening economy & the Central Govt's probability of bailing out local Govt economies, what happens with U.S. Borrowing?

                                      If China is our largest Creditor and we continue to borrow from them for our economy, since we seem to also be out of control with our budgets and spending; what will happen if they say no or just cannot lend us any $$$ any further?
                                      Phil
                                      Turn Key Real Estate
                                      (516) 647-4289
                                      Phil@TurnKeyRealEstate.Com

                                      1 vote
                                      Vote
                                      Sign in
                                      Check!
                                      (thinking…)
                                      Reset
                                      or sign in with
                                      • facebook
                                      • google
                                        Password icon
                                        I agree to the terms of service
                                        Signed in as (Sign out)
                                        You have left! (?) (thinking…)
                                      • 1 vote
                                        Vote
                                        Sign in
                                        Check!
                                        (thinking…)
                                        Reset
                                        or sign in with
                                        • facebook
                                        • google
                                          Password icon
                                          I agree to the terms of service
                                          Signed in as (Sign out)
                                          You have left! (?) (thinking…)
                                        • How do we incentivize people to vote?

                                          How do we give people the incentive to vote?

                                          1 vote
                                          Vote
                                          Sign in
                                          Check!
                                          (thinking…)
                                          Reset
                                          or sign in with
                                          • facebook
                                          • google
                                            Password icon
                                            I agree to the terms of service
                                            Signed in as (Sign out)
                                            You have left! (?) (thinking…)
                                          • Don't see your idea?

                                          Everyday Economics - Tyler Cowen On...

                                          Feedback and Knowledge Base