Tyler Cowen Bücher

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Engaging and provocative writing, as well as a knack for revealing the 'invisible hand' of economics at work has made Tyler Cowen and Alex Tabarrok’s text a singularly distinctive and effective text for principles modules. Modern Principles of Economics places an emphasis throughout on the power of incentives which underscores how economics helps us understand why we do what we do (in other words, the decisions we make in the face of incentives in the real world). The new edition retains its progressive approach to economic modelling and applications which allows for a more realistic interpretation of today’s world events. Mirroring the authors’ successful blog, the text eschews boxed features to focus on the writing behind compelling examples, key concepts, and applications.

Focusing on the causes of business cycles, the author advocates for reintroducing monetary factors into business cycle theory, opposing the prevalent emphasis on real theories. The book critiques traditional Austrian trade cycle theory, presenting a controversial perspective that will engage readers interested in both business cycles and Austrian economics. Its analytical approach promises to spark discussion among economists and practitioners alike.

Renowned economist and author of Big Business Tyler Cowen brings a groundbreaking analysis of capitalism, the job market, and the growing gap between the one percent and minimum wage workers in this follow-up to the New York Times bestseller The Great Stagnation. The United States continues to mint more millionaires and billionaires than any country ever. Yet, since the great recession, three quarters of the jobs created here pay only marginally more than minimum wage. Why is there growth only at the top and the bottom? Economist and bestselling author Tyler Cowen explains that high earners are taking ever more advantage of machine intelligence and achieving ever-better results. Meanwhile, nearly every business sector relies less and less on manual labor, and that means a steady, secure life somewhere in the middle—average—is over. In Average is Over, Cowen lays out how the new economy works and identifies what workers and entrepreneurs young and old must do to thrive in this radically new economic landscape.

From a bestselling author and economist, a contemporary moral case for economic growth--and a dose of inspiration and optimism about our future possibilities. Growth is good. Throughout history, economic growth in particular has alleviated human misery, improved human happiness and opportunity, and lengthened human lives. Wealthier societies are more stable, offer better living standards, produce better medicines, and ensure greater autonomy, greater fulfillment, and more sources of fun. If we want to continue our trend of growth--and the overwhelmingly positive outcomes for societies that come with it--every individual must become more concerned with the welfare of those around us. So how do we proceed? Tyler Cowen, in a culmination of 20 years of thinking and research, provides a roadmap for moving forward. In Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals, he argues that our reason and common sense can help free us of the faulty ideas that hold us back as people and as a society, allowing us to set our sights on the long-term struggles that maximize sustainable economic growth while respecting human rights. Stubborn Attachments, at its heart, makes the contemporary moral case for economic growth, and delivers a great dose of inspiration and optimism about our future possibilities.

Cowen argues that the capitalist market economy is a vital but underappreciated institutional framework for supporting a variety of artistic visions. His philosophy stands in opposition to the cultural pessimism of conservatives, neoconservatives, the Frankfurt School, and some versions of the political correctness and multiculturalist movements.

Tyler Cowen's The Great Stagnation, the eSpecial heard round the world that ignited a firestorm of debate and redefined the nature of our economic malaise, is now-at last-a book. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.

Analysis of the place of art in the global market economy. The author argues that, despite the homogenizing dangers, globalization actually contributes to cultural diversity, even promoting and reviving traditional cultures. Review in: Journal of cultural economics. 28(2004)1(.81-88).

Examines the trend of Americans away from the traditionally mobile, risk-accepting, and adaptable tendencies that defined them for much of recent history, and toward stagnation and comfort, and how this development has the potential to make future changes more disruptive. --Publisher's description.