Dwarkesh Podcast Bryan Caplan - Discrimination, Poverty, & Mental Illness
38 snips
Apr 12, 2022 
In this engaging discussion, Bryan Caplan, a Professor of Economics at George Mason University and a New York Times Bestselling author, dives into his new book 'Labor Econ Versus the World.' He challenges the notion that escaping poverty is inherently difficult and examines the role of personal responsibility and cultural factors. Caplan also critiques labor force participation rates, explores discrimination in hiring practices, and discusses the influence of globalization on productivity. The conversation spans a range of topics including mental health, education, and the impact of remote work.
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Low Productivity and Mismatches
- Few working-age people are truly unproductive in any job.
- Mismatches between skills and jobs cause perceived low productivity.
Reasons for Low Labor Force Participation
- Low labor force participation is mainly due to family responsibilities and government redistribution.
- Other factors include personal wealth, parental support, and nonconformity.
The Success Sequence
- Follow the success sequence: graduate high school, work full-time, and have children after marriage.
- This significantly reduces the risk of poverty.
