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Tyler Cowen: belief

31 Jan 2024 Dwarkesh Podcast Tyler Cowen — Hayek, Keynes, & Smith on AI, animal spirits, anarchy, & growth

“I’m not saying the humanitarian outcome is a good one, but in terms of the global economy, I think markets are thinking rationally about it, though the rational forecast, of course, is often wrong.”

— Tyler Cowen

Source trail

Everything needed to verify it.

Speaker
Tyler Cowen
Attribution
Verified speaker
Claim type
belief
Recorded
31 Jan 2024
Publisher
Dwarkesh Podcast

Transcript context

…Yeah. Or do you think the market is just wrong in terms of thinking about both geopolitical risk from Israel or… No, I don’t think the market’s wrong at all. I think that war will converge. I’m not saying the humanitarian outcome is a good one, but in terms of the global economy, I think markets are thinking rationally about it, though the rational forecast, of course, is often wrong. What’s your sense on the scaling stuff? When you look at the arguments in terms of what’s coming, how do you react to that?…

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