Macro Musings 52: Tyler Cowen on Complacency, Immobility, and Stagnation

Tyler Cowen is a professor of economics at George Mason University as well as the general director of the Mercatus Center at George Mason University. He joins the show to discuss his new book, The Complacent Class: The Self-Defeating Quest for the American Dream. Tyler argues that restlessness and willingness to take risks have been key traits throughout American history. However, in the last few decades, American society has become more risk-averse. While we may have become more comfortable with less risk-taking, this complacency has led to less innovation and dynamism in the economy. Such stasis is causing economic stagnation and other woes throughout the United States.

People: 
David Beckworth
Tyler Cowen
Calendar Date: 
Apr 10, 2017
Podcast Series: 
Macro Musings [1]
Tags: 
Economics and Public Policy [2]
Podcast Types: 
Mercatus Original Podcast [3]
Newsletter: 
This Week at Mercatus [4]
Publish to Announcements page?: 
Related Content: 
The Complacent Class
Macro Musings 51: George Selgin on Reforming Open Market Operations and Normalizing Fed Policy
Macro Musings 50: Steve Hanke on Hyperinflation
Featured Tag: 
Monetary Policy [5]
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Source URL: https://www.mercatus.org/%5Bnode%3A%5D/podcasts/04102017/macro-musings-52-tyler-cowen-complacency-immobility-and-stagnation

Links
[1] https://www.mercatus.org/podcasts/series/macro-musings
[2] https://www.mercatus.org/tags/economics-and-public-policy
[3] https://www.mercatus.org/podcasts/types/mercatus-original-podcast
[4] https://www.mercatus.org/newsletters/week-mercatus
[5] https://www.mercatus.org/tags/monetary-policy

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