Evidence receipt / belief
Published · transcript-backedTyler Cowen: belief
12 Apr 2017 Conversations with Tyler Patrick Collison has a Few Questions for Tyler (Live at Stripe)
“What I see on the ground in terms of integrating, better manipulation of information with actual real world processes. And I’ve seen, again — not last year but I think four out of the last five years — healthcare costs have behaved in a somewhat sane manner.”
Source trail
Everything needed to verify it.
- Speaker
- Tyler Cowen
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 12 Apr 2017
- Publisher
- Conversations with Tyler
Transcript context
…Are we still in the Great Stagnation? Probably, but the last year, I’ve seen a lot of signs — partial signs — we’re getting out of it. The last year, wage growth was pretty strong, and I hadn’t been expecting that. I wouldn’t change my mind based on one year of data, but one year is a lot more than nothing. What I see on the ground in terms of integrating, better manipulation of information with actual real world processes. And I’ve seen, again — not last year but I think four out of the last five years — healthcare costs have behaved in a somewhat sane manner. That’s been a big driver of living-standard and productivity problems. I’m not sure that we’ll stay on the right track, but I’ve seen four or five pretty encouraging signs. So I now hold the view, there’s a 30 percent chance we’re on the verge, right now, of climbing out of the Great Stagnation. Can you say more on the second point you mentioned there? The particular kinds of technological change that you’re seeing?…
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