2 ms·
> Yes policy will be a mess, but as they say “man kann nicht alles haben.” The culture is worth a lot, both for its own sake and as a predictor of the future c
by bediger4000 2y ago
> Yes policy will be a mess, but as they say “man kann nicht alles haben.” The culture is worth a lot, both for its own sake and as a predictor of the future course of policy.
Cowen has been an economist for too long. Just like Newtonian physicists, he never thinks things will depart too far from equilibrium. Trump/Musk are pushing some things pretty far off equilibrium, seemingly in hopes that everyone else will do the "all things being equal", keep doing what they're doing, and enrich Trump, Musk and other oligarchs. They may push too hard, too far, and the new equilibrium will not be friendly to oligarchs.