Tyler Cowen: belief

Transcript context

…I’m very happy to be here and excited to be in this situation. I think it’s funny, and I would like to point out — simultaneously, you said I’m the best in the world at this and also the only, then, no one else is like me. I like the combination of those two things. I like being the best in the world at something that nobody else does. I think that’s a really good place to be. I think that’s the future of the modern world in fact. If you cannot easily outline what you’re the best in the world at, it’s hard to do very, very well. Furthermore, what you’re the best in the world at can sound quite strange, and it doesn’t hold you back very much. Well, okay, the modern world — that does make sense because, if you consider that most of the things that many people do are all going to get like, what is this thing that people talk about, where what ends up being important is going to be the thing that sets you apart. It’s no longer that you need to be good at the thing that other people have established. It’s like your charisma, and it actually is your specific, unique niche that does set you apart. That stuff is going to be much higher value, I guess, going forward, which I guess I can follow you on that.…

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