54 min listen
Ep. 575: Tyler Cowen Interview with Michael Covel on Trend Following Radio
Ep. 575: Tyler Cowen Interview with Michael Covel on Trend Following Radio
ratings:
Length:
40 minutes
Released:
Jul 28, 2017
Format:
Podcast episode
Description
Tyler Cowen is author of “The Complacent Class: The Self-Defeating Quest for the American Dream.” Tyler first noticed a problem in America when he began traveling after the financial crisis and saw how “comfortable” life had become for many Americans. People were not taking risks anymore and when risk is taken away, what is left? There is no way to deliver upward mobility in a society once risk taking, innovation and a sense of urgency has diminished. Americans seemingly have lost the ability to envision a future different than the reality in front of them. Innovation is suffering, travel is disappearing, and people are changing jobs much less than ever before. Tyler describes this shift in mentality as people losing their sense of restlessness and change. There is no feeling of opportunity costs. Why is this happening? How can American’s not imagine something better? American lives have become safe and comfortable — risk is the only factor that can help transition Americans away from their own complacency. Unfortunately, it won’t happen with people pushing for it, it will have to hit them. We are investing less in science, have obvious issues with cyber vulnerability and infrastructure is not advancing. American culture is lacking and nothing is getting better. Why have people stopped creating? Will there be a great reset in government and on Wall Street? These questions and more are answered throughout the podcast. In this episode of Trend Following Radio: Complacency Elon Musk Innovators The millennial generation Democracy as a medium American culture on the decline Illegal and legal drug use Online matching from dating to shopping goods Lifting people out of poverty Jack Ma
Released:
Jul 28, 2017
Format:
Podcast episode
Titles in the series (100)
Ep. 13: Mark Melin Interview with Michael Covel on Trend Following Radio: Michael speaks to Mark Melin, a managed futures expert, editor/writer for Opalesque, and author. Melin has become a defacto investigative reporter for the MF Global scandal. Covel and Melin consider the MF Global story from the very beginning, back to... by Michael Covel's Trend Following