On the Very Serious Podcast: Tyler Cowen on Identifying Talent

Questions about identifying and matching talent underlie a lot of political and economic discussions in our society. Are we admitting the right people to universities? Giving them the right training? Preventing labor market discrimination? Setting policies around work and family that make it possible for people (especially mothers of young children) to do the jobs that align with their talents? Doing better on all these measures can mean not just fuller lives and better organizations but stronger economic growth. So this week, Josh spoke with economist Tyler Cowen, co-author of the Marginal Revolution blog and co-author with Daniel Gross of a new book called Talent: How To Identify Energizers, Creatives, And Winners Around The World. Tyler has thoughts about how to better identify talent that might scramble your preconceptions, given his libertarian politics. One of his arguments is that we are over-weighting both IQ and grades in assessing talent: these matter (as do the underlying traits they measure, such as conscientiousness) but not as much as you might think. So what does matter? Listen to find out.

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