Tyler Cowen: uncertainty

Transcript context

…Wasn't Churchill, by the time he was 24, an international correspondent in Cuba and India? I think he was the highest-paid journalist in the world by the time he was 24. I don't know. I mean, what was he paid, and how good was his journalism? I just don't know. I don't think it's that impressive a job to be an international journalist. What does it pay people now? He did some good things later on, but most of his early life he's a failure. And then ask the Irish. Getting back to Patrick, ask the Irish and people from India what they think of younger Churchill, and you'll get an earful. His real great achievement, I don't know how old he was exactly, but it's quite late in his life. Until then, he's a destructive failure. There was no one on Twitter to tell him, "Hey, Winston, you need to rethink this whole Irish thing." Today there would be. Sam will do it, right? Sam will tweet at Winston Churchill, "Got to rethink the Irish thing." And Sam is persuasive. If you read his aphorisms, I think he would have actually been pretty good on Twitter.…

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