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Conversations with Tyler / episode intelligence

Russ Roberts and Tyler on COVID-19

19 Mar 2020 41 published claims 2 attributable people

Speakers in the public record

Claim mix

belief 24commitment 5prediction 5evaluation 4uncertainty 2preference 1

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The useful parts, with receipts.

41 published records

03 / commitment

I try to follow better people on Twitter, but even following better people, one sees quite a bit of this. But that said, I think we will have to make significant adjustments in a post-coronavirus world.

“I try to follow better people on Twitter, but even following better people, one sees quite a bit of this. But that said, I think we will have to make significant adjustments in a post-coronavirus world.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

04 / belief

I’ve talked endlessly now on EconTalk, I’ve an episode coming up soon on this question of this challenge we have of the semi-free market, this weird market we have in pharmaceuticals that I think is poorly constructed.

“I’ve talked endlessly now on EconTalk, I’ve an episode coming up soon on this question of this challenge we have of the semi-free market, this weird market we have in pharmaceuticals that I think is poorly constructed.”
Speaker
Russ Roberts
Publisher
Conversations with Tyler

06 / belief

Even though in the sense of my physical surroundings, it’s quite static. So I think that’s given me maybe an illusory sense of control, but it’s made it bearable for me.

“Even though in the sense of my physical surroundings, it’s quite static. So I think that’s given me maybe an illusory sense of control, but it’s made it bearable for me.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

11 / belief

I think the biggest problem that pundits, and I’ll put myself in that class on this level of conversation, I mean we just use words like bailout as if we know what we’re talking about or if it’s well specified.

“I think the biggest problem that pundits, and I’ll put myself in that class on this level of conversation, I mean we just use words like bailout as if we know what we’re talking about or if it’s well specified.”
Speaker
Russ Roberts
Publisher
Conversations with Tyler

17 / belief

I would say I’ve become much more pessimistic about our ability to respond to climate change, because what we’re seeing with coronavirus is how unwilling so many people are to act until the very last moment, if even that.

“I would say I’ve become much more pessimistic about our ability to respond to climate change, because what we’re seeing with coronavirus is how unwilling so many people are to act until the very last moment, if even that.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

18 / belief

I’m not sure we have to, but I think the single biggest thing we can do to stop being there given that the tests are not in our labs at the moment is just for people to interact with others as little as possible.

“I’m not sure we have to, but I think the single biggest thing we can do to stop being there given that the tests are not in our labs at the moment is just for people to interact with others as little as possible.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

19 / belief

If you simply set up a very credible board of a half-dozen people with real expertise to decide how to hand out, say, $50 billion, and you make sure there are people willing to write a check, like to a big, unpopular corporation, if that’s who’s done the good work, I think that’s what we should do.

“If you simply set up a very credible board of a half-dozen people with real expertise to decide how to hand out, say, $50 billion, and you make sure there are people willing to write a check, like to a big, unpopular corporation, if that’s who’s done the good work, I think that’s what we should do.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

20 / belief

I mean the whole crisis for me right now other than anxiety and worries about the future of the country and death of my loved ones who are even older than I am and other people’s loved ones, they main effect is that on Friday I impulsively went to Costco, which was better than Sunday I think.

“I mean the whole crisis for me right now other than anxiety and worries about the future of the country and death of my loved ones who are even older than I am and other people’s loved ones, they main effect is that on Friday I impulsively went to Costco, which was better than Sunday I think.”
Speaker
Russ Roberts
Publisher
Conversations with Tyler

21 / belief

Not public yet, so some of these you’ve you’ve heard of probably, but in any case I think the prizes will encourage more people and just generate attention for those who have done the right thing I think encourage them to do more because this is a marathon, not a sprint, and the people who have already done wonderful things or maybe some of the people more likely to continue doing wonderful things.

“Not public yet, so some of these you’ve you’ve heard of probably, but in any case I think the prizes will encourage more people and just generate attention for those who have done the right thing I think encourage them to do more because this is a marathon, not a sprint, and the people who have already done wonderful things or maybe some of the people more likely to continue doing wonderful things.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

23 / belief

Again, if it’s a month or two, I think almost all of them can be kept on life support, and we could throw money at the problem, and then in two months just pick up the pieces and be the America we once knew.

“Again, if it’s a month or two, I think almost all of them can be kept on life support, and we could throw money at the problem, and then in two months just pick up the pieces and be the America we once knew.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

27 / belief

In terms of the expectations of sub quarantining and self isolation and things being closed. I think we’re going to get to see Tom Brady in a Tampa Bay Buccaneer uniform.

“In terms of the expectations of sub quarantining and self isolation and things being closed. I think we’re going to get to see Tom Brady in a Tampa Bay Buccaneer uniform.”
Speaker
Russ Roberts
Publisher
Conversations with Tyler

28 / belief

There is something to be said for some sectoral targeting here, but I think the political economy consequences of just letting all of those jobs go away are too dire and we would end up with much more government.

“There is something to be said for some sectoral targeting here, but I think the political economy consequences of just letting all of those jobs go away are too dire and we would end up with much more government.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

31 / belief

I think an advantage the American economy has… We have more big business than just about any other economy, or close to it, and big businesses will be much more stable than smaller ones, say, as you might find in Italy, but you mentioned universities.

“I think an advantage the American economy has… We have more big business than just about any other economy, or close to it, and big businesses will be much more stable than smaller ones, say, as you might find in Italy, but you mentioned universities.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

33 / prediction

So which countries exactly will do how well? I would say we don’t know yet. I do think Taiwan and Singapore most of all, and then South Korea probably have had the best responses, but they are by no means in the clear.

“So which countries exactly will do how well? I would say we don’t know yet. I do think Taiwan and Singapore most of all, and then South Korea probably have had the best responses, but they are by no means in the clear.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

34 / prediction

I do think the internet has helped influential people influence people’s behavior to be more worried about this, which I think is probably going to be a lifesaver for, I think, hundreds and hundreds of thousands of people.

“I do think the internet has helped influential people influence people’s behavior to be more worried about this, which I think is probably going to be a lifesaver for, I think, hundreds and hundreds of thousands of people.”
Speaker
Russ Roberts
Publisher
Conversations with Tyler

36 / evaluation

To a modest degree it’s because of government regulations, but mainly it’s because there’s equity capital in those companies and the shareholders want to keep the flight safe because they don’t want to lose their capital.

“To a modest degree it’s because of government regulations, but mainly it’s because there’s equity capital in those companies and the shareholders want to keep the flight safe because they don’t want to lose their capital.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

38 / prediction

The etiquette of that’s going to evolve, but I don’t know how it’ll be. But I think increasingly people will put away their phones because they don’t want to be connected 24/7.

“The etiquette of that’s going to evolve, but I don’t know how it’ll be. But I think increasingly people will put away their phones because they don’t want to be connected 24/7.”
Speaker
Russ Roberts
Publisher
Conversations with Tyler

39 / prediction

There’s a lot of optimism out there, but I don’t think it’s a likely scenario that simply four or five months from now everyone is getting the vaccine and in essence the problem is vanishing.

“There’s a lot of optimism out there, but I don’t think it’s a likely scenario that simply four or five months from now everyone is getting the vaccine and in essence the problem is vanishing.”
Speaker
Tyler Cowen
Publisher
Conversations with Tyler

40 / prediction

It will help them pay their rent, which will reduce that cascading worry that I mentioned earlier from the real estate developer I had talked to. That’s going to be, I think, extremely important in reducing the set of economic readjustments that you were more focused on than I was in the earlier part of the conversation.

“It will help them pay their rent, which will reduce that cascading worry that I mentioned earlier from the real estate developer I had talked to. That’s going to be, I think, extremely important in reducing the set of economic readjustments that you were more focused on than I was in the earlier part of the conversation.”
Speaker
Russ Roberts
Publisher
Conversations with Tyler

41 / evaluation

I have a bit of a love-hate relationship with it, as my listeners know, because it can be a ugly sinkhole of attention, of acrimony, and other things, but I think for me, and I think for you as well, based on our pre-recording conversation, it’s a huge source of information.

“I have a bit of a love-hate relationship with it, as my listeners know, because it can be a ugly sinkhole of attention, of acrimony, and other things, but I think for me, and I think for you as well, based on our pre-recording conversation, it’s a huge source of information.”
Speaker
Russ Roberts
Publisher
Conversations with Tyler
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