Macro Musings

Tyler Cowen is a professor of economics at George Mason University as well as the general director of the Mercatus Center at George Mason University. He joins the show to discuss his new book, *The Complacent Class: The Self-Defeating Quest for the American Dream.* Tyler argues that restlessness and willingness to take risks have been key traits throughout American history. However, in the last few decades, American society has become more risk-averse. While we may have become more comfortable with less risk-taking, this complacency has led to less innovation and dynamism in the economy. Such stasis is causing economic stagnation and other woes throughout the United States. David’s blog: http://macromarketmusings.blogspot.com/ Tyler Cowen’s blog: http://marginalrevolution.com/ David’s Twitter: @DavidBeckworth Tyler Cowen’s Twitter: @tylercowen Related links: *The Complacent Class: The Self-Defeating Quest for the American Dream* by Tyler Cowen https://www.amazon.com/Complacent-Class-Self-Defeating-Quest-Ameri