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Conversations with Tyler / episode intelligence

Benjamin Friedman on the Origins of Economic Belief

27 Jan 2021 13 published claims 2 attributable people

Speakers in the public record

Claim mix

evaluation 5belief 3prediction 3recommendation 2

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The useful parts, with receipts.

13 published records

01 / belief

I think the answer is the same, Tyler. The interest rate at which the Federal Reserve has been crediting reserve balances held by the commercial banks is super, super low.

“I think the answer is the same, Tyler. The interest rate at which the Federal Reserve has been crediting reserve balances held by the commercial banks is super, super low.”
Publisher
Conversations with Tyler

02 / belief

By the time I’d done economics at a graduate level for a couple of years in England, then I said, “Well, this is really more interesting than what I think my lawyer friends do, and so I’m going to stick with it.

“By the time I’d done economics at a graduate level for a couple of years in England, then I said, “Well, this is really more interesting than what I think my lawyer friends do, and so I’m going to stick with it.”
Publisher
Conversations with Tyler

04 / recommendation

Timur Kuran’s book, I think, is the key one on that, but many other people — my colleague, Noah Feldman at Harvard — have views of all of this as well.

“Timur Kuran’s book, I think, is the key one on that, but many other people — my colleague, Noah Feldman at Harvard — have views of all of this as well.”
Publisher
Conversations with Tyler

05 / evaluation

I would argue that what makes room for these people to come to societies where they are not indigenous, and to do well, and to do well in ways that integrate them in the society, is precisely the feature of economic growth.

“I would argue that what makes room for these people to come to societies where they are not indigenous, and to do well, and to do well in ways that integrate them in the society, is precisely the feature of economic growth.”
Publisher
Conversations with Tyler

08 / evaluation

If we think of the most influential advocates for capitalism in the mid–20th century, there’s Hayek, I would say Keynes at most phases of his career — maybe not all, Milton Friedman.

“If we think of the most influential advocates for capitalism in the mid–20th century, there’s Hayek, I would say Keynes at most phases of his career — maybe not all, Milton Friedman.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

10 / evaluation

Now, as I was saying a minute ago, 20 years ago when I wrote that book, the data gave me much more reason to be optimistic than I am — at least for the short run — now about low-income countries’ democratic prospects.

“Now, as I was saying a minute ago, 20 years ago when I wrote that book, the data gave me much more reason to be optimistic than I am — at least for the short run — now about low-income countries’ democratic prospects.”
Publisher
Conversations with Tyler

12 / prediction

I have persuaded myself that the greatest economic challenge… or to put it the other way, the greatest societal challenge we will be facing over the next generation that stems from the economic sphere is going to come from our increasing reliance on robots and AI.

“I have persuaded myself that the greatest economic challenge… or to put it the other way, the greatest societal challenge we will be facing over the next generation that stems from the economic sphere is going to come from our increasing reliance on robots and AI.”
Publisher
Conversations with Tyler

13 / recommendation

Now, if I can put in a plug for a policy idea, this is why I have been recommending to anybody who will listen that this is a great time for the United States Treasury to lengthen out the maturity of the US government’s outstanding debt.

“Now, if I can put in a plug for a policy idea, this is why I have been recommending to anybody who will listen that this is a great time for the United States Treasury to lengthen out the maturity of the US government’s outstanding debt.”
Publisher
Conversations with Tyler
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