Tyler and I spoke about view quakes from fiction, Proust, Bleak House, the uses of fiction for economists, the problems with historical fiction, about about drama in interviews, which classics are less read, why Jane Austen is so interesting today, Patrick Collison, Lord of the Rings… but mostly we talked about Shakespeare. We talked about Shakespeare as a thinker, how Romeo doesn’t love Juliet, Girard, the development of individualism, the importance and interest of the seventeenth century, Trump and Shakespeare’s fools, why Julius Cesar is over rated, the most under rated Shakespeare play, prejudice in The Merchant of Venice, Shakespeare as an economic thinker. We covered a lot of ground and it was interesting for me throughout.

Here are some excerpts. Full transcript below.

Henry Some of the people around Trump now, they’re trying to do DOGE and deregulation and other things. Are there Shakespearean lessons that they should be bearing in mind? Should we send them to see the Henriad before they get started?

Tyler Send them to read the Henriad before they get started. The complicated nature of power: that the king never has the power that he needs to claim he does is quite significant. The ways in which power cannot be delegated, Shakespeare is extremely wise on. And yes, the DOGE people absolutely need to learn those lessons.

Henry The other thing I’d take from the Henriad is time moves way quicker than anyone thinks it does. Even the people who are trying to move quite quickly in the play, they get taken over very rapidly by just changing-

Tyler Yes. Once things start, it's like, oh my goodness, they just keep on running and no one's really in control. And that's a Shakespearean point as well.

And.

Henry Let’s say we read Shakespeare in a modern English version, how much are we getting?

Tyler It’ll be terrible. It’ll be a negative. It will poison your brain. So this, to me, will be highly unfortunate. Better to learn German and read the Schlegel than to read someone turning Shakespeare into current English. The only people who could do it maybe would be like the Trinidadians, who still have a marvelous English, and it would be a completely different work. But at least it might be something you could be proud of.

Transcript (prepared by AI)

Henry Today, I am talking to Tyler Cowen, the economist, blogger, columnist, and author. Tyler works at George Mason University. He writes Marginal Revolution. He is a columnist at Bloomberg, and he has written books like In Praise of Commercial Culture and The Age of the Infovore. We are going to talk about literature and Shakespeare. Tyler, welcome.

Tyler Good to chat with you, Henry.

Henry So have you ever had a view quake from reading fiction?

Tyler Reading fiction has an impact on you that accumulates over time. It's not the same as reading economics or philosophy, where there's a single, discrete idea that changes how you view the world. So I think reading the great classics in its entirety has been a view quake for me. But it's not that you wake up one morning and say, oh, I turned to page 74 in Thomas Mann's Magic Mountain, and now I realize that, dot, dot, dot. That's a yes and a no for an answer.

Henry So you've never read Bleak House and thought, actually, I do see things slightly differently about Victorian London or the history of the –?

Tyler Well, that's not a view quake. Certainly, that happens all the time, right? Slightly differently how you see Victorian London. But your overall vision of the world, maybe fiction is one of the three or four most important inputs. And again, I think it's more about the entirety of it and the diversity of perspectives. I think reading Proust maybe had the single biggest impact on me of any single work of fiction if I had to select one. And then when I was younger, science fiction had a quite significant impact on me. But I don't think it was the fictional side of science fiction that mattered, if that makes sense to you. Yeah, yeah, yeah. It was the models embodied in the stories, like, oh, the three laws of robotics. Well, I thought, well, what should those laws be like? I thought about that a good deal. So that would be another part of the qualified answer.

Henry And what was it with Proust? The idea that people only care about what other people think or sexuality or consciousness?

Tyler The richness of the internal life, the importance of both expectation and memory, the evanescence of actual events, a sense of humor.

Henry It showed you just how significant these things are.

Tyler And how deeply they can be felt and expressed. That's right. And there were specific pages early on in Swan's Way where it just hit me. So that's what I would say. Bleak House, I don't think, changed my views at all. It's one of my three or four favorite novels. I think it's one of the great, great, greats, as you have written yourself. But the notion that, well, the law is highly complex and reality is murky and there are all these deep mysteries, that all felt very familiar to me. And I had already read some number of newer sort of pseudo-Victorian novels that maybe do those themes in a more superficial way, but they introduce those themes to you. So you read Bleak House and you just say, well, I've imbibed this already, but here's the much better version of it.

Henry One of the things I got from Bleak House, which it took me a couple of reads to get to, was how comfortable Dickens was with being quite a rational critic of the legal system and quite a credulous believer in spontaneous combustion and other things.

Tyler Did Dickens actually believe in spontaneous combustion or is that a plot device? Like Gene Roddenberry doesn't actually believe in the transporter or didn't, as far as we

Henry know. No, I think he believed. Yeah. Yeah. He defends it in the preface. Yeah.

Tyler So it's not so confusing that there's not going to be a single behavioral model that captures deviations from rationality. So you end up thinking you ought to travel more, you ought to take in a lot of diverse different sources about our human beings behave, including from sociology, from anthropology. That makes it harder to be an economist, I would say it scatters your attention. You probably end up with a richer understanding of reality, but I'm not sure it's good for your research. It's probably bad for it.

Henry It's not a good career move.

Tyler It's not good for focus, but focus maybe can be a bit overrated.

Henry Why are you more interested in fiction than other sort of people of a broadly rational disposition?

Tyler Well, I might challenge the view that I'm of a broadly rational disposition. It's possible that all humans are roughly equally irrational, madmen aside, but if you mean the rationality community as one finds it in San Francisco, I think they're very mono in their approach to reasoning and that tends to limit the interests of many of them, not all, in fiction and travel. People are regional thinkers and in that region, San Francisco, there is incredible talent. It's maybe the most talented place in the world, but there's not the same kind of diversity of talents that you would find in London or New York and that somehow spreads to the broader ethos and it doesn't get people interested in fiction or for that matter, the visual arts very much.

Henry But even in London, if I meet someone who's an economist or has an economics degree or whatever, the odds that they've read Bleak House or something are just so small.

Tyler Bleak House is not that well read anymore, but I think an economist in London is likely to be much more well read than an economist in the Bay Area. That would be my prediction. You would know better than I would.

Henry How important has imaginative literature been to you relative to other significant writers like philosophers or theoretical economists or something?

Tyler Well, I'm not sure what you mean by imaginative literature. I think when I was 17, I read Olaf Stapleton, a great British author and Hegelian philosopher, and he was the first and first man and star maker, and that had a significant impact on me. Just how many visions you could put into a single book and have at least most of them cohere and make sense and inspire. That's one of the most imaginative works I've ever read, but people mean different things by that term.

Henry How objectively can we talk about art?

Tyler I think that becomes a discussion about words rather than about art. I would say I believe in the objective when it comes to aesthetics, but simply because we have no real choice not to. People actually, to some extent, trust their aesthetic judgments, so why not admit that you do and then fight about them? Trying to interject some form of extreme relativism, I think it's just playing a game. It's not really useful. Now, is art truly objective in the final metaphysical sense, in the final theory of the universe? I'm not sure that question has an answer or is even well-formulated, but I would just say let's just be objectivists when it comes to art. Why not?

Henry What is wrong with historical fiction?

Tyler Most of it bores me. For instance, I don't love Hilary Mantel and many very intelligent people think it's wonderful. I would just rather read the history. It feels like an in-between thing to me. It's not quite history. It's not quite fiction. I don't like biopics either when I go to the cinema. Yeah, I think you can build your own combination of extremes from history and fiction and get something better.

Henry You don't have any historical fiction that you like, Penelope Fitzgerald, Tolstoy?

Tyler Any is a strong word. I don't consider Tolstoy historical fiction. There's a historical element in it, as there is with say Vassily Grossman's Life and Fate or actually Dickens for that matter, but it's not driven by the history. I think it's driven by the characters and the story. Grossman comes somewhat closer to being historical fiction, but even there, I wouldn't say that it is.

Henry It was written so close to the events though, right?

Tyler Sure. It's about how people deal with things and what humanity means in extreme circumstances and the situations. I mean, while they're more than just a trapping, I never feel one is plodding through what happened in the Battle of Stalingrad when I read Grossman, say.

Henry Yeah. Are there diminishing returns to reading fiction or what are the diminishing returns?

Tyler It depends what you're doing in life. There's diminishing returns to most things in the sense that what you imbibe from your teen years through, say, your 30s will have a bigger impact on you than most of what you do later. I think that's very, very hard to avoid, unless you're an extreme late bloomer, to borrow a concept from you. As you get older, rereading gets better, I would say much better. You learn there are more things you want to read and you fill in the nooks and crannies of your understanding. That's highly rewarding in a way where what you read when you were 23 could not have been. I'm okay with that bargain. I wouldn't say it's diminishing returns. I would say it's altering returns. I think also when you're in very strange historical periods, reading fiction is more valuable. During the Obama years, it felt to me that reading fiction was somewhat less interesting. During what you might call the Trump years, and many other strange things are going on with AI, people trying to strive for immortality, reading fiction is much more valuable because it's more limited what nonfiction can tell you or teach you. I think right now we're in a time where the returns to reading more fiction are rapidly rising in a good way. I'm not saying it's good for the world, but it's good for reading fiction.

Henry Do you cluster read your fiction?

Tyler Sometimes, but not in general. If I'm cluster reading my fiction, it might be because I'm cluster reading my nonfiction and the fiction is an accompaniment to that. Say, Soviet Russia, I did some reading when I was prepping for Stephen Kotkin and for Russ Roberts and Vasili Grossman, but I don't, when it comes to fiction per se, cluster read it. No, I don't think you need to.

Henry You're not going to do like, I'm reading Bleak House, so I'll do three other 1852 novels or three other Dickens novels or something like that.

Tyler I don't do it, but I suspect it's counterproductive. The other Dickens novels will bore you more and they'll seem worse, is my intuition. I think the question is how you sequence works of very, very high quality. Say you just finished Bleak House, what do you pick up next? It should be a work of nonfiction, but I think you've got to wait a while or maybe something quite different, sort of in a way not different, like a detective story or something that won't challenge what has been cemented into your mind from Bleak House.

Henry Has there been a decline of reading the classics?

Tyler What I observe is a big superstar effect. I think a few authors, such as Jane Austen and Shakespeare, are more popular. I'm not completely sure they're more read, but they're more focal and more vivid. There are more adaptations of them. Maybe people ask GPT about them more. Really quite a few other works are much less read than would have been the case, say as recently as the 1970s or 1980s. My guess is, on the whole, the great works of fiction are much less read, but a few of them achieve this oversized reputation.

Henry Why do you think that is?

Tyler Attention is more scarce, perhaps, and social clustering effects are stronger through the internet. That would just be a guess.

Henry It's not that we're all much more Jane Austen than we used to be?

Tyler No, if anything, the contrary. Maybe because we're less Jane Austen, it's more interesting, because in, say, a Jane Austen novel, there will be sources of romantic tension not available to us through contemporary TV shows. The question, why don't they just sleep together, well, there's a potential answer in a Jane Austen story. In the Israeli TV show, Srugim, which is about modern Orthodox Jews, there's also an answer, but in most Hollywood TV, there's no answer. They're just going to sleep together, and it can become very boring quite rapidly.

Henry Here's a reader question. Why is the market for classics so good, but nobody reads them? I think what they're saying is a lot of people aren't actually reading Shakespeare, but they still agree he's the best, so how can that be?

Tyler A lot of that is just social conformity bias, but I see more and more people, and I mean intellectuals here, challenging the quality of Shakespeare. On the internet, every possible opinion will be expressed, is one way to put it. I think the market for classics is highly efficient in the following sense, that if you asked, say, GPT or Claude, which are the most important classics to read, that literally everything listed would be a great book. You could have it select 500 works, and every one of them would really be very good and interesting. If you look at Harold Bloom's list at the back of the Western canon, I think really just about every one of those is quite worthwhile, and that we got to that point is, to me, one of the great achievements of the contemporary world, and it's somewhat under-praised, because you go back in earlier points of time, and I think it's much less efficient, the market for criticism, if you would call it that.

Henry Someone was WhatsAppping me the other day that GPT's list of 50 best English poets was just awful, and I said, well, you're using GPT4, o1 gives you the right list.

Tyler Yeah, and o1 Pro may give you a slightly better list yet, or maybe the prompt has to be better, but it's interesting to me how many people, they love to attack literary criticism as the greatest of all villains, oh, they're all frustrated writers, they're all post-modernists, they're all extreme left-wingers. All those things might even be true to some extent, but the system as a whole, I would say completely has delivered, and especially people on the political and intellectual right, they often don't realize that. Just any work you want to read, if you put in a wee bit of time and go to a shelf of a good academic library, you can read fantastic criticism of it that will make your understanding of the work much better.

Henry I used to believe, when I was young, I did sort of believe that the whole thing, oh, the Western canon's dying and everyone's given up on it, and I'm just so amazed now that the opposite has happened. It's very, very strong.

Tyler I'm not sure how strong it is. I agree its force in discourse is strong, so something like, well, how often is it mentioned in my group chats? That's strongly rising, and that delights me, but that's a little different from it being strong, and I'm not sure how strong it is.

Henry In an interview about your book Talent, you said this, “just get people talking about drama. I feel you learn a lot. It's not something they can prepare for. They can't really fake it. If they don't understand the topic, you can just switch to something else.”

Tyler Yeah, that's great advice. You see how they think about how people relate to each other. It doesn't have to be fiction. I ask people a lot about Star Wars, Star Trek, whatever it is they might know that I have some familiarity with. Who makes the best decisions in Star Wars? Who gives the best advice? Yoda, Obi-Wan, Luke, Darth Vader, the Emperor?

Henry It's a tough question.

Tyler Yeah, yeah.

Henry I don't know Star Wars, so I couldn't even answer that.

Tyler You understand that you can't fake it. You can't prepare for it. It does show how the person thinks about advice and also drama.

Henry Right. Now, you're a Shakespeare fan.

Tyler Well, fan is maybe an understatement. He's better. He deserves better than fans.

Henry How much of time, how much of your life have you spent reading and watching this work?

Tyler I would say most of the plays from, say, like 1598 or 99 and after, I've read four to five times on average, some a bit more, some like maybe only three times. There's quite a few I've only read once and didn't like. Those typically are the earlier ones. When it comes to watching Shakespeare, I have to confess, I don't and can't understand it, so I'm really not able to watch it either on the stage or in a movie and profit from it. I think I partially have an auditory processing disorder that if I hear Shakespeare, you know, say at Folger in DC, I just literally cannot understand the words. It's like listening to Estonian, so I've gone some number of times. I cannot enjoy what you would call classic Shakespeare movies like Kenneth Branagh, Henry V, which gets great reviews, intelligent people love it. It doesn't click for me at all. I can't understand what's going on. The amount of time I've put into listening to it, watching it is very low and it will stay low. The only Shakespeare movies I like are the weird ones like Orson Welles' Chimes at Midnight or Baz Luhrmann's Shakespeare's Romeo and Juliet. I think they're fantastic, but they're not obsessed with reciting the text.

Henry So, you're reading with notes and you're piecing it together as you go.

Tyler I feel the versions in my head are better than anything I see on the screen also, so that's another reason. I just think they're to be read. I fully understand that's not how Shakespeare seemed to view them, but that's a way in which we readers, in a funny way, can improve on Shakespeare's time.

Henry No, I agree with you. The thing I get the most pushback about with Shakespeare is when I say that he was a great thinker.

Tyler He's maybe the best thinker.

Henry Right. But tell us what you mean by that.

Tyler I don't feel I can articulate it. It's a bit like when o3 Pro gives you an answer so good you don't quite appreciate it yourself. Shakespeare is like o7 Pro or something. But the best of the plays seem to communicate the entirety of human existence in a way that I feel I can barely comprehend and I find in very, very little else. Even looking at other very great works such as Bleak House, I don't find it. Not all of the plays. There's very, very good plays that don't do that. Just say Macbeth and Othello. I don't feel do that at all. Not a complaint, but something like Hamlet or King Lear or Tempest or some of the comedies. It's just somehow all laid out there and all inside it at the same time. I don't know any other way of putting it.

Henry A lot of people think that Shakespeare is overrated. We only read him because it's a status game. We've internalized these snobbish values. We see this stated a lot. What's your response to these people?

Tyler Well, I feel sorry for them. But look, there's plenty of things I can't understand. I just told you if I go to see the plays, I'm completely lost. I know the fault is mine, so to speak. I don't blame Shakespeare or the production, at least not necessarily. Those are people who are in a similar position, but somehow don't have enough metarationality to realize the fault is on them. I think that's sad. But there's other great stuff they can do and probably they're doing it. That's fine.

Henry Should everyone read Shakespeare at school?

Tyler If you say everyone, I resist. But it certainly should be in the curriculum. But the real question is who can teach it? But yeah, it's better than not doing it. When I was in high school, we did Taming of the Shrew, which I actually don't like very much, and it put me off a bit. We did Macbeth, which is a much better play. But in a way, it's easy to teach. Macbeth, to me, is like a perfect two-minute punk rock song. It does something. It delivers. But it's not the Shakespeare that puts everything on the table, and the plot is easy to follow. You can imagine even a mediocre teacher leading students through it. It's to me still a little underwhelming if that's what we teach them. Then finally, my last year, we did Hamlet, and I'm like, whoa, okay, now I get it. Probably we do it wrong in a lot of cases, would be my guess. What's wrong with the Taming of the Shrew? It's a lot of yelling and screaming and ordinary. To me, it's not that witty. There's different views, like is it offensive to women, offensive to men? That's not my main worry. But those questions, I feel, also don't help the play, and I just don't think Shakespeare was fully mature when he wrote it. What was the year on that? Do you know offhand?

Henry It's very early.

Tyler It's very early. Very early, yeah. So if you look at the other plays that surround it, they're also not as top works. So why should we expect that one to be?

Henry What can arts funding learn from the Elizabethan and Jacobean theatres?

Tyler Current arts funding? I don't think that much. I think the situation right now is so different, and what we should do so depends on the country, the state, the province, the region. Elizabethan times do show that market support at art can be truly wonderful. We have plenty of that today. But if you're just, say, appointed to be chair of the NEA and you've got to make decisions, I'm not sure how knowing about Elizabethan theatre would help you in any direct way.

Henry What do you think of the idea that the long history of arts funding is a move away from a small group, an individual patronage where taste was very important, towards a kind of institutional patronage, which became much more bureaucratic? And so one reason why we keep arguing about arts funding now is that a lot of it exhibits bad taste because the committee has to sort of agree on various things. And if we could reallocate somewhat towards individual patronage, we'd do better.

Tyler I would agree with the latter two-thirds of that. How you describe earlier arts funding I think is more complicated than what you said. A lot of it is just people doing things voluntarily at zero pecuniary cost, like singing songs, songs around the campfire, or hymns in church, rather than it being part of a patronage model. But I think it's way overly bureaucratized. The early National Endowment for the Arts in the 1960s just let smart people make decisions with a minimum of fuss. And of course we should go back to that. Of course we won't. We send half the money to the state's arts agencies, which can be mediocre or just interested in economic development and a new arts center, as opposed to actually stimulating creativity per se. More over time is spent on staff. There are all these pressures from Congress, things you can't fund. It's just become far less effective, even though it spends somewhat more money. So that's a problem in many, many countries.

Henry What Shakespeare critics do you like reading?

Tyler For all his flaws, I still think Harold Bloom is worthwhile. I know he's gotten worse and worse as a critic and as a Shakespeare critic. Especially if you're younger, you need to put aside the Harold Bloom you might think you know and just go to some earlier Bloom. Those short little books he edited, where for a given Shakespeare play he'll collect maybe a dozen essays and write eight or ten pages at the front, those are wonderful. But Bradley, William Hazlitt, the two Goddard volumes, older works, I think are excellent. But again, if you just go, if you can, to a university library, go to the part on the shelf where there's criticism on a particular play and just pull down five to ten titles and don't even select for them and just bring those home. I think you'll learn a lot.

Henry So you don't like The Invention of the Human by Bloom?

Tyler Its peaks are very good, but there's a lot in it that's embarrassing. I definitely recommend it, but you need to recommend it with the caveat that a lot of it is over the top or bad. It doesn't bother me. But if someone professional or academic tells me they're totally put off by the book, I don't try to talk them out of that impression. I just figure they're a bit hopelessly stuck on judging works by their worst qualities.

Henry In 2018, you wrote this, “Shakespeare, by the way, is Girard's most important precursor. Also throw in the New Testament, Hobbes, Tocqueville, and maybe Montaigne.” Tell us what you mean by that.

Tyler That was pretty good for me to have written that. Well, in Shakespeare, you have rivalrous behavior. You have mimetic desire. You have the importance of twinning. There's ritual sacrifice in so many of the plays, including the political ones. Girard's title, Violence and the Sacred, also comes from Shakespeare. As you well know, the best Gerard book, Theater of Envy, is fully about Shakespeare. All of Girard is drenched with Shakespeare.

Henry I actually only find Girard persuasive on Shakespeare. The further I get away from that, the more I'm like, this is super overstated. I just don't think this is how humans ... I think this is too mono-explanation of humans. When I read the Shakespeare book, I think, wow, I never understood Midsummer Night's Dream until I read Girard.

Tyler I think it's a bit like Harold Bloom. There's plenty in Girard you can point to as over the top. I think also for understanding Christianity, he has something quite unique and special and mostly correct. Then on other topics, it's anthropologically very questionable, but still quite stimulating. I would defend it on that basis, as I would Harold Girard.

Henry No, I like Gerard, but I feel like the Shakespeare book gets less attention than the others.

Tyler That's right. It's the best one and it's also the soundest one. It's the truly essential one.

Henry How important was Shakespeare in the development of individualism?

Tyler Probably not at all, is my sense. Others know more about the history than I do, but if I think of 17th century England, where some strands of individualist thought come from, well, part of it is coming from the French Huguenots and not from Shakespeare. A lot of it is coming from the Bible and not from Shakespeare. The levelers, John Locke, some of that is coming from English common law and not from Shakespeare. Then there's the ancient world. I don't quite see a strong connection to Shakespeare, but I'd love it if you could talk me into one.

Henry My feeling is that the 1570s are the time when diaries begin to become personal records rather than professional records. What you get is a kind of Puritan self-examination. They'll write down, I said this, I did this, and then in the margin they'll put, come back and look at this and make sure you don't do this again. This new process of overhearing yourself is a central part of what Shakespeare's doing in his drawing. I think this is the thing that Bloom gets right, is that as you go through the plays in order, you see the very strong development of the idea that a stock character or someone who's drawing on a tradition of stock characters will suddenly say, oh, I just heard myself say that I'm a villain. Am I a villain? I'm sort of a villain. Maybe I'm not a villain. He develops this great art of self-referential self-development. I think that's one of the reasons why Shakespeare became so important to being a well-educated English person, is that you couldn't really get that in imaginative literature.

Tyler I agree with all that, but I'm not sure the 17th century would have been all that different without Shakespeare, in literary terms, yes, but it seemed to me the currents of individualism were well underway. Other forces sweeping down from Europe, from the further north, competition across nations requiring individualism as a way of getting more wealth, the beginnings of economic thought which became individualistic and gave people a different kind of individualistic way of viewing the world. It seems so over-determined. Causally, I wouldn't ascribe much of a role to Shakespeare, but I agree with every sentence you said and what you said.

Henry Sure, but you don't think the role of imaginative literature is somehow a fundamental transmission mechanism for all of this?

Tyler Well, the Bible, I think, was quite fundamental as literature, not just as theology. So I would claim that, but keep in mind the publication and folio history of Shakespeare, which you probably know better than I do, it's not always well-known at every point in time by everyone.

Henry I think it's always well-known by the English.

Tyler I don't know, but I don't think it's dominant in the way that, say, Pilgrim's Progress was dominant for a long time.

Henry Sure, sure, sure. And you wouldn't then, what would you say about later on, that modern European liberalism is basically the culture of novel reading and that we live in a society that's shaped by that? Do you have the same thing, like it's not causal?

Tyler I don't know. That's a tricky question. The true 19th century novel I think of as somewhat historicist, often nationalist, slightly collectivist, certainly not Marxist, but in some ways illiberal. And so many of the truly great novel writers were not so liberal. And the real liberal novels, like Mancini's The Betrothed, which I quite enjoy, but it's somewhat of a slight work, right? And it might be a slight work because it is happy and liberal and open-minded. There's something about the greatest of creators, they tend to be pessimistic or a bit nasty or there's some John Lennon in them, there's Jonathan Swift, Swift, it's complicated. In some ways he's illiberal, but he's considered a Tory and in many ways he's quite an extreme reactionary. And the great age of the novel I don't think of is so closely tied to liberalism.

Henry One of the arguments that gets made is like, you only end up with modern European liberalism through a culture where people are just spending a lot of time reading novels and imagining what it is like to be someone else, seeing from multiple different perspectives. And therefore it's less about what is the quote unquote message of the story and more about the habitual practice of thinking pluralistically.

Tyler I think I would be much more inclined to ascribe that to reading newspapers and pamphlets than novels. I think of novels as modestly reactionary in their net impact, at least in the 19th century. I think another case in point, not just Tolstoy, Thomas Mann, one of the great novelists, had bad politics, right, was through Germany in the first world war. So if you look at the very greatest novels, there's something a bit problematic about many of their creators. They're not Nazis, they're not Stalinists, but they're not where I'm at either.

Henry Now in 2017, a lot of people were complaining about Donald Trump as Julius Caesar and there was some farce about a production, I think it was put on in New York or DC maybe. And you said, no, no, no, he's not Caesar. He's more like a Shakespearean fool because he's the truth teller. What do you think of that view now?

Tyler That was a Bloomberg column I wrote, I think in 2017. And I think that's held up quite well. So there's many criticisms of Trump that he's some kind of fascist. I don't think those have held up very well. He is a remarkable orator, coiner of phrase, coiner of insults, teller of truths, combined with a lot of nonsense and just nonsense talk, like the Covfefe tweet or whatever it was. And there's something tragic about Trump that he may well fail even by his own standards. He has a phenomenal sense of humor. I think people have realized that more and more. The fact that his popularity has persisted has forced a lot of people to reexamine just Trump as an individual and to see what a truly unique talent he is, whether you like him as your president or not. And that, I think, is all Shakespearean.

Henry Some of the people around Trump now, they're trying to do DOGE and deregulation and other things. Are there Shakespearean lessons that they should be bearing in mind? Should we send them to see the Henriad before they get started?

Henry The other thing I'd take from the Henriad is time moves way quicker than anyone thinks it does. Even the people who are trying to move quite quickly in the play, they get taken over very rapidly by just changing-

Tyler Yes. Once things start, it's like, oh my goodness, they just keep on running and no one's really in control. And that's a Shakespearean point as well.

Henry Yeah. Here's another quote from the Bloomberg column, “given Shakespeare's brilliance in dramatizing the irrational, one of my biggest fears is that Shakespeare is indeed still a thinker for our times.” Has that come more true in recent years?

Tyler I think more true. So from my point of view, the world is getting weirder in some very good ways and in some very bad ways. The arbitrary exercise of power has become more thinkable. You see this from Putin. We may see it from China. In the Middle East, it's happened as well. So the notion also that rulers can be their own worst enemies or human beings can be their own worst enemies. I think we see more when the world is volatile than when the world is stable, almost definitionally.

Henry You once said Julius Caesar was an overrated play. Tell us why.

Tyler You know, I read it again after I wrote that and it went up in my eyes. But I suppose I still think it's a bit overrated by people who love it. It's one of these mono plays like Macbeth or Othello. It does one thing very, very well. I think the mystical elements in it I had underappreciated on earlier readings and the complexity of the characters I had underappreciated. So I feel I was a little harsh on it. But I just wouldn't put it in the underrated category. Julius Caesar is such a well-known historical figure. It's so easy for that play to become focal. And Brutus and, you know, the stabbing, the betrayal, it's a little too easy for it to become famous. And I guess that's why I think within the world of Shakespeare fans, it still might be a little overrated.

Henry It's written at a similar time to Hamlet and Twelfth Night, and I think it gets caught up in the idea that this was a great pivotal moment for Shakespeare. But actually I agree, over the years I've come to think it's really just not the equal of the other plays it's surrounded by.

Tyler Yeah, that's still my view. Absolutely. Not the equal of those two, certainly.

Henry What is the most underrated play?

Tyler I'm not sure how they're all rated. So I used to think Winter's Tale, clearly. But I've heard so many people say it's the most underrated, including you, I think. I don't know if I can believe that anymore. So I think I have to go with The Henriad, because to me that's the greatest thing Shakespeare ever did. And I don't think it's commonly recognized as such. I mean, Hamlet or King Lear would typically be nominated. And those are top, top, top, top. But I'll still go with The Henriad.

Henry You are saying Henriad above Hamlet, above Lear, above Twelfth Night.

Tyler Maybe it's not fair because you have multiple plays, right? What if, you know, there were three Hamlets? Maybe that would be better. But still, if I have to pick, no one of The Henriad comes close to Hamlet. But if you can consider it as a whole in the evolution of the story, for me it's a clear winner. And it's what I've learned the most from. And a problem with Hamlet, not Shakespeare's fault, but Hamlet became so popular you hear lesser versions of themes and ideas from Hamlet your whole life. It's a bit like seeing Mondrian on the shopping bag. That does not happen, really, with The Henriad. So that has hurt Hamlet, but without meaning it's, you know, a lesser play. King Lear, you have less of that. It's so bleak and tragic. It's harder to put on the shopping bag, so to speak. In that sense, King Lear has held up a bit better than Hamlet has.

Henry Why do you admire The Winter's Tale so much? What do you like about it?

Tyler There's some mysterious sense of beauty in it that even in other Shakespearean plays I don't feel. And a sense of miracle and wonder, also betrayal and how that is mixed in with the miracle and wonder. Somehow he makes it work. It's quite an unlikely play. And the jealousy and the charge of infidelity I take much more seriously than other readers of the play do. I don't think you can say there's a Straussian reading where she clearly fooled around on the king. But he's not just crazy, either. And there are plenty of hints that something might have happened. It's still probably better to infer it didn't happen. But it's a more ambiguous play than it is typically read as.

Henry Yes, someone said to me, ask if he thinks Hermione has an affair. And you're saying maybe.

Tyler Again, in a prediction market, I'll bet no, but we're supposed to wonder. We're not supposed to just think the king is crazy.

Henry I know you don't like to see it, but my view is that because we believe in this sudden jealousy theory, it's often not staged very well. And that's one reason why it's less popular than it ought to be.

Tyler I've only seen it once. I suspect that was true. I saw it, in fact, last year. And the second half of the play was just awful. The first half, you could question. But it was a painful experience. It was just offensively stupid. One of the great regrets of my life is I did not drive up to New York City to see Bergman present his version of Winter's Tale in Swedish. And I'm quite sure that would have been magnificent and that he would have understood it very deeply and very well. That was just stupid of me. This was, I think, in the early 90s. I forget exactly when.

Henry I think that's right. And there's a theater library where if you want to go and sit in the archive, you can see it.

Tyler I will do that at some point. Part of my worry is I don't believe their promise. I know you can read that promise on the internet, but when you actually try to find the person who can track it down for you and give you access, I have my doubts. If I knew I could do it, I would have done it by now.

Henry I'll give you the email because I think I actually found that person. Does Romeo actually love Juliet?

Tyler Of course not. It's a play about perversion and obsession and family obligation and rebellion. And there's no love between the two at all. And if you read it with that in mind, once you see that, you can't unsee it. So that's an underrated play. People think, oh, star-crossed teen romance, tragic ending, boo-hoo. That's a terrible reading. It's just a superficial work of art if that's what you think it is.

Henry I agree with you, but there are eminent Shakespeare professors who take that opinion.

Tyler Well maybe we're smarter than they are. Maybe we know more about other things. You shouldn't let yourself be intimidated by critics. They're highly useful. We shouldn't trash them. We shouldn't think they're all crummy left-wing post-modernists. But at the end of the day, I don't think you should defer to them that much either.

Henry Sure. So you're saying Juliet doesn't love Romeo?

Tyler Neither loves the other.

Henry Okay. Because my reading is that Romeo has a very strong death drive or dark side or whatever.

Tyler That's the strong motive in the play is the death drive, yeah.

Henry And what that means is that it's not his tragedy, it's her tragedy. She actually is an innocent young girl. Okay, maybe she doesn't love him, it's a crush or it's whatever, but she actually is swept up in the idea of this handsome stranger. She can get out of her family. She's super rebellious. There's that wonderful scene where she plays all sweetness and light to her nurse and then she says, I'm just lying to you all and I'm going to get out of here. Whereas he actually is, he doesn't have any romantic feeling for her. He's really quite a sinister guy.

Tyler Those are good points. I fully agree. I still would interpret that as she not loving him, but I think those are all good insights.

Henry You've never seen it staged in this way? You've never seen any one?

Tyler The best staging is that Baz Luhrmann movie I mentioned, which has an intense set of references to Haitian voodoo in Romeo and Juliet when you watch the movie. The death drive is quite clear. That's the best staging I know of, but I've never seen it on the stage ever. I've seen the Zeffirelli movie, I think another film instance of it, but no, it's the Haitian voodoo version that I like.

Henry He makes it seem like they love each other, right?

Tyler In a teenage way. I don't feel that he gets it right, but I feel he creates a convincing universe through which the play usefully can be viewed.

Henry The Mercutio death, I think, is never going to be better than in that film. What do you like about Antonin Cleopatra?

Tyler It's been a long time since I've read that. What a strong character she is. The sway people can exercise over each other. The lines are very good. It's not a top Shakespeare favorite of mine, but again, if anyone else had done it, you would just say this is one of the greatest plays ever, and it is.

Henry I think it's going to be much more of a play for our times because many people in the Trump administration are going to have that. They're torn between Rome and Egypt, as it were, and the personal conflicts are going to start getting serious for them, if you like.

Tyler There's no better writer or thinker on personal conflict than Shakespeare, right?

Henry Yes. Now, you do like Measure for Measure, but you're less keen on All's Well That Ends Well. Is that right?

Tyler I love Measure for Measure. To me, it's still somewhat underrated. I think it's risen in status. All's Well That Ends Well, I suspect you need to be good at listening to Shakespeare, which as I've already said, I'm not. It's probably much better than I realize it is for that reason. I'm not sure on the printed page it works all that well.

Henry Yeah. That's right. I think it's one of the most important plays. Why? Because I think there are two or three basic factors about Shakespeare's drama, which is like the story could often branch off in different directions. You often get the sense that he could swerve into a different genre. The point Samuel Johnson made about whenever someone's running off to the tavern, someone else is being buried, right? And a lot of the time he comes again and again to the same types of situations, the same types of characters, the same types of family set up. And he ends the plays in different ways and he makes it fall out differently. And I think Helena is very representative of a lot of these facets. Everyone thinks she's dead, but she's not dead. Sometimes it looks like it's going badly for her when actually it's going well. No one in the play ever really has an honest insight into her motives. And there comes a point, I think, when just the overall message of Shakespeare's work collectively is things go very wrong very quickly. And if you can get to some sort of happy ending, you should take it. You should be pragmatic and say, OK, this isn't the perfect marriage. This isn't the perfect king. But you know what? We could be in a civil war. Everyone could be dead. All's well that ends well. That's good advice. Let's take it.

Tyler I should reread it. Number one in my reread pile right now is Richard II, which I haven't read in a long time. And there's a new biography out about Richard II. And I'm going to read the play and the biography more or less in conjunction. And there's a filming of Richard II that I probably won't enjoy, but I'll try. And I'm just going to do that all together, probably sometime over this break. But I'll have all's well that ends well is next on my reread list. You should always have a Shakespeare to reread list, right?

Henry Always. Oh, of course. Is Shakespeare a good economic thinker?

Tyler Well, he's a great thinker. I would say he's better than a good economic thinker. He understands the motive of money, but it's never just the motive of money. And Shakespeare lowers the status of economic thinking, I would say, overall, in a good way. He's better than us.

Henry What are your thoughts on The Merchant of Venice?

Tyler Quite underrated. People have trouble with it because it is very plausibly anti-Semitic. And everyone has to preface any praise they give it with some kind of disavowal or whatever. The way I read the play, which could be wrong, but it's actually more anti-anti-Semitic than it is anti-Semitic. So the real cruel mean people are those who torment the Jew. I'm not saying Shakespeare was not in some ways prejudiced against Jews and maybe other groups, but actually reading it properly should make people more tolerant, not because they're reacting against Shakespeare's anti-Semitism, but because the proper message of the play understood at a deeper level is toleration.

Henry You teach a law and literature class, I think.

Tyler Well, I did for 20 years, but I don't anymore.

Henry Did you teach Merchant of Venice?

Tyler I taught it two or three times, yes.

Henry How did your students react to it?

Tyler Whenever I taught them Shakespeare, which was actually not that much, they always liked it, but they didn't love it. And there's some version of Shakespeare you see on the screen when it's a decent but not great filmed adaptation where there's the mechanics of the plot and you're held in suspense and then there's an ending. And I found many of them read Shakespeare in those terms and they quite enjoyed it, but somehow they didn't get it. And I think that was true for Merchant of Venice as well. I didn't feel people got hung up on the anti-Semitism point. They could put that aside and just treat it as a play, but still I didn't feel that people got it.

Henry Should we read Shakespeare in translation?

Tyler Well, many people have to. I've read some of the Schlegel translations. I think they're amazing. My wife, Natasha, who grew up in the Soviet Union, tells me there are very good Russian language translations, which I certainly believe her. The Schlegels are different works. They're more German romantic, as you might expect, but that's fine, especially if you know the original. My guess is there are some other very good translations. So in that qualified way, the translations, a few of them can be quite valuable. I worry that at some point we'll all need to read it in some sort of translation, as Chaucer is mostly already true for Chaucer. You probably don't have to read Chaucer in translation, but I do.

Henry I feel like I shouldn't read it in translation, I think.

Tyler But you do, right? Or you don't?

Henry No, I read the original. I make myself do the original.

Tyler I just can't understand the original well enough.

Henry But I put the time in when I was young, and I think you retain a sense of it. Do you think, though, if we read, let's say we read Shakespeare in a modern English version, how much are we getting?

Tyler It'll be terrible. It'll be a negative. It will poison your brain. So this, to me, will be highly unfortunate. Better to learn German and read the Schlegel than to read someone turning Shakespeare into current English. The only people who could do it maybe would be like the Trinidadians, who still have a marvelous English, and it would be a completely different work. But at least it might be something you could be proud of.

Henry I'd like to read some of that. That would be quite an exciting project.

Tyler Maybe it's been done. I don't know. But just an Americanized Hollywood version, like, no, that's just a negative. It's destructive.

Henry Now, you're very interested in the 17th century, which I think is when we first get steady economic growth, East India Company, England is settling in America.

Tyler Political parties. Some notion of the rule of law. A certain theory of property rights. Very explicit individualism. Social contract theories. You get Hobbes, Isaac Newton, calculus. We could go on. Some people would say, well, Westphalia, you get the modern nation state. That to me is a vaguer date to pin that on. But again, it's a claim you can make of a phenomenal century. People aren't that interested in it anymore, I think.

Henry How does Shakespeare fit into this picture?

Tyler Well, if you think of the years, if you think of the best ones, they start, like what, 1598, 1599. And then by 1600, they're almost all just wonderful. He's a herald. I don't think he's that causal. But he's a sign, the first totally clear sign that all the pieces have fallen into place. And we know the 17th century gave us our greatest thinker. And in terms of birth, not composition, it gave us our greatest composer, Bach.

Henry So we can't have Shakespeare without all of this economic and philosophic and political activity. He's sort of, those things are necessary conditions for what he's doing.

Tyler He needed the 16th century, and there's some very good recent books on how important the 16th century was for the 17th century. So I think more and more, as I read more, I'll come to see the roots of the 17th and the 16th century. And Shakespeare is reflecting that by bridging the two.

Henry What are the recent books that you recommend about the 16th century?

Tyler Oh, I forget the title, but there's this book about Elizabethan England, came out maybe three or four years ago, written by a woman. And it just talks about markets and commerce and creativity, surging during that time. In a way, obvious points, but she put them together better than anyone else had. And there's this other new German book about the 16th century. It's in my best of the year list that I put up on Marginal Revolution, and I forget the exact title, but I've been reading that slowly. And that's very good. So I expect to make further intellectual moves in that direction.

Henry Was Shakespeare anti-woke?

Tyler I don't know what that means in his context. He certainly understands the real truths are deeper, but to pin the word anti on him is to make him smaller. And like Harold Bloom, I will refuse to do that.

Henry You don't see some sense in which ... A lot of people have compared wokeness to the Reformation, right? I mean, it's a kind of weak comparison.

Tyler Yes, but only some strands of it. You wouldn't say Luther was woke, right?

Henry But you don't see some way in which Shakespeare is, not in an anti way, in a complicated way, but like a reaction against some of these forces in the way that Swift would be a reaction against certain forces in his time.

Tyler Well I'm not even sure what Shakespeare's religion was. Some people claim he was Catholic. To me that's plausible, but I don't know of any clear evidence. He does not strike me as very religious. He might be a lapsed Catholic if I had to say. I think he simply was always concerned with trying to view and present things in a deeper manner and there were so many forces he could have been reacting against with that one. I don't know exactly what it was in the England of his time that specifically he was reacting against. If someone says, oh, it was the strand of Protestant thought, I would say fine, it might have been that. A la Peter Thiel, couldn't you say it's over determined and name 47 other different things as well?

Henry Now, if you were talking to rationalists, effective altruists, people from Silicon Valley, all these kinds of groups, would you say to them, you should read Shakespeare, you should read fiction, or would you just say, you're doing great, don't worry that you're missing out on this?

Tyler Well, I'm a little reluctant to just tell people you should do X. I think what I've tried to do is to be an example of doing X and hope that example is somewhat contagious. Other people are contagious on me, as for instance, you have been. That's what I like to do. Now, it's a question, if someone needs a particular contagion, does that mean it's high marginal value or does it mean, in some sense, they're immue from the bug and you can't actually get them interested? It can go either way. Am I glad that Peter Singer has specialized in being Peter Singer, even though I disagree with much of it? I would say yes. Peter had his own homecoming. As far as I know, it was not Shakespearean, but when he wrote that book about the history of Vienna and his own family background, that was in a sense Peter doing his version of turning Shakespearean. It was a good book and it deepened his thought, but at the end of the day, I also see he's still Peter Singer, so I don't know. I think the Shakespearean perspective itself militates a bit against telling people they should read Shakespeare.

Henry Sure. Patrick Collison today has tweeted about, I think, 10 of the great novels that he read this year. It's a big, long tweet with all of his novels.

Tyler Yeah, it's wonderful.

Henry Yeah, it's great. At the end, he basically says the reason to read them is just that they're great. Appreciation of excellence is a good thing for its own sake. You're not going to wrench a utilitarian benefit out of this stuff. Is that basically your view?

Tyler I fully agree with that, but he might slightly be underrating the utilitarian benefits. If you read a particular thing, whatever it is, it's a good way of matching with other people who will deepen you. If it's Shakespeare, or if it's science fiction, or if it's economics, I think there's this big practical benefit from the better matching. I think, actually, Patrick himself, over time in his life, he will have a different set of friends, somewhat, because he wrote that post, and that will be good.

Henry There's a utilitarian benefit that we both love Bleak House, therefore we can talk about it. This just opens up a lot of conversation and things for us that we wouldn't otherwise get.

Tyler We're better friends, and we're more inclined to chat with each other, do this podcast, because we share that. That's clearly true in our case. I could name hundreds of similar cases, myself, people I know. That's important. So much of life is a matching problem, which includes matching to books, but also, most importantly, matching to people.

Henry You're what? You're going to get better matching with better books, because Bleak House is such a great book. You're going to get better opportunities for matching.

Tyler Of course, you'll understand other books better. There's something circular in that. I get it. A lot of value is circular, and the circle is how you cash in, not leaving the circle, so that's fine.

Henry You don't think there's a ... I mean, some of the utilitarian benefits that are claimed like it gives you empathy, it improves your EQ or whatever, I think this is all complete rubbish.

Tyler I'd love to see the RCTs, but in the prediction markets, I'll bet no. But again, I have an open mind. If someone had evidence, they could sway me, but I doubt it. I don't see it.

Henry But I do think literature is underrated as a way of thinking.

Tyler Yes, absolutely, especially by people we are likely to know.

Henry Right. And that is quite a utilitarian benefit, right? If you can get yourself into that mindset, that is directly useful.

Tyler I agree. The kind of career I've had, which is too complicated to describe for those of you who don't know it, but I feel I could not have had it without having read a lot of fiction.

Henry Right. And I think that would be true for a lot of people, even if they don't recognize it directly in their own lives, right?

Tyler Yes. In Silicon Valley, you see this huge influence of Lord of the Rings. Yes. And that's real, I think. It's not feigned, and that's also a great book.

Henry One of the best of the 20th century, no doubt.

Tyler Absolutely. And the impact it has had on people still has. It's an example of some classics get extremely elevated, like Shakespeare, Austen, and also Tolkien. It's one of them that just keeps on rising.

Henry Ayn Rand is quite influential.

Tyler Increasingly so. And that has held up better than I ever would have thought. Depends on the book. It's complicated, but yes, you have to say, held up better than one ever would have thought.

Henry Are you going to go and do a reread?

Tyler I don't think I can. I feel the newspaper is my reread of Atlas Shrugged, that suffices.

Henry Is GPT good at Shakespeare, or LLMs generally?

Tyler They're very useful for fiction, I've found. It was fantastic for reading Vassily Grossman's Life and Fate. I have never used them for Shakespeare, not once. That's an interesting challenge, because it's an earlier English. There's a depth in Shakespeare that might exceed current models. I'd love to see a project at some point in time to train AI for Shakespeare the way some people are doing it for Math Olympiads. But finding the human graders would be tough, though not impossible. You should be one of them. I would love that. I hope some philanthropist makes that happen.

Henry Agreed. We're here, and we're ready.

Tyler Yes, very ready.

Henry What do you think about Shakespeare's women?

Tyler The best women in all of fiction. They're marvelous, and they're attractive, and they're petulant, and they're romantic, and they're difficult, and they're stubborn, or whatever you want, it's in there. Just phenomenal. It's a way in which Shakespeare, again, I don't want to say anti-woke, but he just gives you a much deeper, better vision than the wokes would give you. Each one is such a distinctive voice. Yeah, fantastic. In a funny way, he embodies a lot of woke insights. The ways in which gender becomes malleable in different parts of stories is very advanced for his time.

Henry It's believable also. The thing that puzzles me, so believable. What puzzles me is he's so polyphonic, and he represents that way of thinking so well, but I get the sense that John Stuart Mill, who wrote the Bentham essay and everything, just wasn't that interested in Shakespeare relative to the other things he was reading.

Tyler He did write a little bit on Shakespeare, didn't he? But not much. But it wasn't wonderful. It was fine, but not like the Bentham Coleridge.

Henry I think I've seen it in letters where he's like, oh, Shakespeare, pretty good. This, to me, is a really weird gap in the history of literature.

Tyler But this does get to my point, where I don't think Shakespeare was that important for liberalism or individualism. The people who were obsessed with Shakespeare, as you know, were the German romantics, with variants, but were mostly illiberal or non-liberal. That also, to me, makes sense.

Henry That's a good point. That's a good challenge. My last question is, you do a lot of talent spotting and talent assessing. How do you think about Shakespeare's career?

Tyler I feel he is someone I would not have spotted very well. I feel bad about that. We don't know that much about him. As you well know, people still question if Shakespeare was Shakespeare. That's not my view. I'm pretty orthodox on the matter. But what the signs would have been in those early plays that he would have, say, by so far have exceeded Marlowe or even equaled Marlowe, I definitely feel I would have had a Zoom call with him and said, well, send me a draft, and read the early work, and concluded he would be like second-tier Marlowe, and maybe given him a grant for networking reasons, totally missed the boat. That's how I assess, how I would have assessed Shakespeare at the time, and that's humbling.

Henry Would you have been good at assessing other writers of any period? Do you think there are other times when you would have?

Tyler If I had met young Thomas Mann, I think there's a much greater chance I would have been thrilled. If I had met young Johann Sebastian Bach, I think there's a strong chance I would have been thrilled. Now, music is different. It's like chess. You can excel at quite a young age. But there's something about the development of Shakespeare where I think it is hard to see where it's headed early on. And it's the other question, how would I have perceived Shakespeare's work ethic? There's different ways you could interpret the biography here. But the biography of Bach, or like McCartney, clearly just obsessed with work ethic. You could not have missed it if you met young Bach, I strongly suspect. But Shakespeare, it's not clear to me you would see the work ethic early on or even later on.

Henry No, no. I agree with that, actually.

Tyler Same with Goethe. If I met early Goethe, my guess is I would have felt, well, here's the next Klopstock, which is fine, worthy of a grand. But Goethe was far more than that. And he always had these unfinished works. And you would, oh, come on, you're going to finish this one. Like you'd see Werther. OK, you made a big splash. But is your second novel just going to bomb? I think those would have been my hesitations. But I definitely would have funded Goethe as the next Klopstock, but been totally wrong and off base.

Henry Right. And I think the thing I took away from the A.N. Wilson biography, which you also enjoyed recently, was I was amazed just how much time Goethe didn't spend working. Like I knew he wasn't always working, but there was so much wasted time in his life.

Tyler Yes, but I do wonder with that or any biography, and I don't mean this as a criticism of Wilson, I think we know much less than we think we do about earlier times in general. So he could have been doing things that don't turn up in any paperwork. Sure, sure, sure. So I'm not sure how lazy he was, but I would just say, unlike Bach or say Paul McCartney, it's not evident that he was the world's hardest worker.

Henry And Mozart, would you have? How do you feel about Mozart's early career?

Tyler Well, Mozart is so exceptional, so young, it's just very easy to spot. I don't I don't even think there's a puzzle there unless you're blind. Now, I don't love Mozart before, I don't know, like the K-330s maybe, but still as a player, even just as a lower quality composer, I think you would bet the house on Mozart at any age where you could have met him and talked to him.

Henry So you think K-100s, you can see the beginnings of the great symphonies, the great concertos?

Tyler Well, I would just apply the Cowen test at how young in age was this person trying at all? And that would just dominate and I wouldn't worry too much about how good it was. And if I heard Piano Concerto No. 9, which is before K-330, I'm pretty sure that's phenomenal. But even if I hadn't heard that, it's like this guy's trying. He's going to be on this amazing curve. Bet the house on Mozart. It's a no-brainer. If you don't do that, you just shouldn't be doing talent at all. He's an easy case. He's one of the easiest cases you can think of.

Henry Tyler Cowen, this was great. Thank you very much.

Tyler Thank you very much, Henry.

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