Debating, Economics, and Land Rents

14min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The chapter explores how debating influenced the speaker's intellectual career, sparking their interest in economics and public policy. It also covers their involvement in abolishing fraternities at Amherst College and the importance of fostering discussion for long-term impact. Additionally, it delves into economic theories related to land rents in cities dating back to the late 70s and discusses the importance of taxing land ownership, especially in urban areas.

Nobel Prize-winning economist Joseph Stiglitz joined Tyler for a discussion that weaves through Joe’s career and key contributions, including what he learned from giving an 8-lecture in Japan, how being a debater influenced his intellectual development, why he tried to abolish fraternities at Amherst, how studying Kenyan sharecropping led to one of his most influential papers, what he thinks today of Georgism and the YIMBY movement, why he was too right-wing for Cambridge, why he left Gary, Indiana, his current views on high trading volumes and liquidity, the biggest difference between him and Paul Krugman, what working in Washington, DC taught him about hierarchies, what he’ll do next, and more.

Read a full transcript enhanced with helpful links, or watch the full video.

Recorded April 22nd, 2024.

Other ways to connect

Follow us on X and Instagram
Follow Tyler on X
Follow Joseph on X
Sign up for our newsletter
Join our Discord
Email us: cowenconvos@mercatus.gmu.edu
Learn more about Conversations with Tyler and other Mercatus Center podcasts here.