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Tyler Cowen’s whole gimmick is to play dumb and distract people from the actual issue. Back when unemployment was 10% he wrote about “zero marginal product” peo
by viburnum 7y ago
Tyler Cowen’s whole gimmick is to play dumb and distract people from the actual issue. Back when unemployment was 10% he wrote about “zero marginal product” people. He literally called people useless. As if the financial crisis was caused by video games and dirty movies on the internet. When pressed on it he admitted he doesn’t know much about macroeconomics. Change the subject, then play dumb, that’s his only move.
- soVeryTired 7y agoWhile we're running through Tyler's greatest hits, he also argued in favour of high prices for drugs [0], since lower prices would lower innovation. If the advocate of lower drug prices does not have clear quantitative evidence for a conclusion of “lowering drug prices will not harm innovation very much,” commit the analysis to the flames, for it harbors nothing but sophistry and illusion. Tyler Cowen is the opposite of Batman. I genuinely don't understand why he gets so much press. [0] https://marginalrevolution.com/marginalrevolution/2015/09/are-pharmaceutical-drug-prices-too-high.html https://marginalrevolution.com/marginalrevolution/2015/09/ar...