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Published · transcript-backed

Tyler Cowen: commitment

8 Sept 2021 Conversations with Tyler David Cutler and Ed Glaeser on the Health and Wealth of Cities

“I won’t do that because I have to worry about where do I put my things in the meantime, and I’m focused on the short run.”

— Tyler Cowen

Source trail

Everything needed to verify it.

Speaker
Tyler Cowen
Attribution
Verified speaker
Claim type
commitment
Recorded
8 Sept 2021
Publisher
Conversations with Tyler

Transcript context

…It’s not something I worry about very much. I don’t necessarily see a market failure in here in any way or the other. What do you think BlackRock is going to do with your house? They’re going to rent it out, or they’re going to tear it down and build something even fancier than the Cowen homestead? If they’re allowed to, they would build a much nicer structure. I won’t do that because I have to worry about where do I put my things in the meantime, and I’m focused on the short run. I’m not worried about it. My worry is that no one wants to buy my house, right? That seems right. No, I certainly don’t worry about someone wanting to buy your house, whether it’s a company or an individual. I just didn’t know if there was some externality in the back of your mind on this that I wasn’t aware of, but given that I’m not hearing any, I don’t know why I should worry about it.…

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