Phrase by 'Tyler Cowen'
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Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.
Author: Tyler Cowen - American EconomistLife , You , Better , Economics
Real cultural diversity results from the interchange of ideas, products, and influences, not from the insular development of a single national style.
Author: Tyler Cowen - American EconomistIdeas , Single , Style , Diversity
In most of the world, breakfast is an important meal.
Author: Tyler Cowen - American EconomistWorld , Important , Breakfast , Meal
We need to accept the principle that sometimes poor people will die just because they are poor.
Author: Tyler Cowen - American EconomistSometimes , People , Poor , Die
Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend that heritage. The real contributions of economics to human welfare might turn out to be very different from what most people - even most economists - expect.
Author: Tyler Cowen - American EconomistMoral , People , Heritage , Economics
Often, economists spend their energies squabbling with one another, but arguably the more important contrast is between our broadly liberal economic worldview and the various alternatives - common around the globe - that postulate natural hierarchies of religion, ethnicity, caste and gender, often enforced by law and strict custom.
Author: Tyler Cowen - American EconomistImportant , Law , Religion , Gender
If we want to improve American food and make it much cheaper, we should deregulate the food trucks and the other street vendors, provided they meet certain sanitation standards. Many cities have already moved down this path, and people are not keeling over with salmonella.
Author: Tyler Cowen - American EconomistPeople , Down , Food , Path
At fancy and expensive restaurants (say, $50 and up for a dinner), you can follow a simple procedure to choose the best meal. Look at the menu and ask yourself: 'Which of these items do I least want to order?' Or: 'Which one sounds the least appetizing?' Then order that item.
Author: Tyler Cowen - American EconomistYou , Yourself , Simple , Best
What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line.
Author: Tyler Cowen - American EconomistKnow , Money , High , Details
We will be returning to historical levels of inequality. We'll view post-war America as a kind of strange interlude not to be repeated. It won't be the dreams that we all had that virtually all incomes go up in lockstep at three percent a year. It hurts to give that up.
Author: Tyler Cowen - American EconomistView , Dreams , America , Strange
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