In today's episode of Theories of Everything, Tyler Cowen proposes that tariffs erode economic efficiency, ultimately passing much of the burden onto smaller countries such as Canada. Moreover, he suggests that the rise of AI and evolving institutional structures demand both intellectual humility and stronger mentorship for a more resilient academic landscape.
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Links Mentioned:
- Tyler’s website: https://tylercowen.com/
- Tyler’s blog: https://marginalrevolution.com/
- Tyler’s podcast: https://conversationswithtyler.com/
- Talent: How to Identify Energizers, Creatives, and Winners Around the World (book): https://www.amazon.com/Talent-Identify-Energizers-Creatives-Winners/dp/1250275814
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Timestamps:
00:00 - Tariffs and Trade Policies
01:21 Economic Consequences of Tariffs
03:07 Canada as a 51st State?
04:00 Canada's Defense Spending Debate
05:41 Positive Aspects of Hostility
06:35 Transitioning to Theoretical Economics
08:07 The Role of Tenure
11:43 The Academy's Strengths
13:04 Problems in Academia
14:08 Understanding the Grant System
15:10 The Need for Grants
16:33 Is the Academic System Broken?
17:18 Improving the Academic System
17:47 The Role of AI in Academia
22:39 Exploring Deep Research
29:32 Writing as Thinking
31:53 Truth in Worldviews
33:22 Patchwork Theory of Reality
34:11 Economics and Theories of Everything
35:07 Disagreements Among Intelligent People
37:48 The Concept of Metarationality
45:10 Cultivating Metarationality
46:55 Distinction Between Stamina and Grit
49:03 Risk-Taking in Academia
51:28 Interviewing Style
56:28 The Value of Preparation
1:13:33 Critiquing Nassim Taleb
1:18:23 Public Debates vs. Private Discussions
1:20:46 Focus on Money
1:22:45 Healthy vs. Unhealthy Ambition
1:23:49 Complexity in Theories of Everything
1:24:39 The Importance of Mentoring
1:26:08 Current Projects and Interests
1:31:15 Advice for Students
1:32:39 The Future of Networking
1:32:53 Closing Thoughts and Reflections
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#economy #science #technology #news #tariffs
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