Everyday Economics - Tyler Cowen On...

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  1. 1 vote
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    • 1 vote
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      • 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.

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        • 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?

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          • 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?

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            • 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?

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              • 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.

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                • Basic Income and Finland

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

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                  • 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…

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                    • 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

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                      • 1 vote
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                        • How do we incentivize people to vote?

                          How do we give people the incentive to vote?

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                          • The Green Revolution industrialized/commoditized food. Are calls to rectify some effects likely to be long-term, widespread?

                            Chipotle, Panera, Wholefoods. Fed up, Supersize Me, Forks over Knives. Fat, Sugar, Salt by Michael Moss. Widespread obesity and smaller discussions of allergies, asthma, and ADHD. These can be seen as signs of an emergent view of food relative to the dominant view which is happy to fill a grocery cart with cheap and tasty foods. What would tell us this is not a wealthy person's subculture but rather the early signs of a broader call to restore the food supply?

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                            • 1 vote
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                              • 1 vote
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                                • 1 vote
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                                  • 1 vote
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                                    • What is your solution for the manufacturing decline?

                                      Well established countries will probably continue to lose out to low wage countries in typical blue collar job areas. (Manufacturing etc.)

                                      With the new economy where the average person depends on retail trade, what is your solution? Should we have higher taxes to give them money? Are you expecting that we will create new jobs for the average joe that pays more? Should we instead focus more on the other end of purchasing power? (e.g. zoning rules, artificially high prices etc.) Cheaper education?

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                                      • 1 vote
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                                          Everyday Economics - Tyler Cowen On...

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