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The Good Fight
Tyler Cowen on Everything
Jan 8, 2025
In a thought-provoking conversation, Tyler Cowen, a prominent economist and co-author of the "Marginal Revolution" blog, joins Yascha Mounk to explore the global economic landscape. They delve into the impact of AI on various sectors, emphasizing both its transformative potential and the need for human elements like networking. Cowen also discusses demographic shifts, such as declining birth rates, and their economic implications. Lastly, they consider the evolving competition between the U.S. and China, highlighting strategies for future resilience.
01:14:11
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Quick takeaways
- The podcast highlights the evolving economic landscapes in Europe, Asia, and Africa, emphasizing the significant impact of geopolitical competition, especially with China.
- Tyler Cowen discusses the transformative potential of AI across various sectors, although it faces challenges in institutional integration and widespread adoption.
Deep dives
Anticipated Tariffs and Trade Dynamics
The stock market reflects skepticism about the severity of new tariffs, suggesting that the impact may be mitigated. Historical evidence indicates that the speaker believes in Trump's longstanding commitment to trade rhetoric, implying that substantial tariffs on China are likely. A bipartisan consensus against China could facilitate these tariffs, serving both as a political strategy for Trump and a means to gain concessions from neighboring countries like Canada and Mexico. Ultimately, this scenario may manifest as a tactical victory for Trump while reshaping trade dynamics with China.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode