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Tyler Cowen on the Great Stagnation’s End
open.spotify.comDario Amodei • Machines of Loving Grace1
Malaria is far from the only problem that diminishes with wealth and economic growth. In the United States, one of the world’s richest countries, 993 out of every 1,000 children born survive to the age of 5. In Liberia, one of the world’s poorest countries, only about 765 children survive to age 5 (i.e., 235 of every 1,000 children die before seein
... See moreAlex Taborrok • Modern Principles of Economics
So let’s sum up. Government consumption spending, education spending, and health care spending overlap to some extent, but in total, without double counting, they still exceed 25 percent of U.S. GDP. They are also three of our most rapidly growing sectors, and at least two of them—health care and education—ought to be two of our most dynamic sector
... See moreTyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
“self-interested behavior is learned behavior, and people learn it by studying economics and business.”