Conversations with Tyler 2021 Retrospective

Summary

Conversations with Tyler 2021 Year in Review

Host: Tyler Cowen
Guest/Interviewer: Jeff Holmes (Executive Producer)
Date: December 29, 2021

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Overview

In this special retrospective episode, Tyler Cowen sits down in person with his producer Jeff Holmes to reflect on the past year of "Conversations with Tyler." They analyze highlights, revisit predictions, discuss memorable episodes and guests, and interrogate the changing landscape of podcasting, live events, and intellectual exchange. The conversation is candid and wide-ranging, mixing meta-analysis, behind-the-scenes insights, and Cowen’s signature curiosity.

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Key Discussion Points & Insights

Life Changes, UFOs, and Simulation Theory

[02:50 – 05:42]

• Tyler jokes about being featured on "Ancient Aliens" and recounts that more people now ask his opinion on UFOs.
  • “People ask me, what are my latest thoughts about UFOs. [...] It should change all of our lives more than it does.” — Tyler Cowen [03:19]
• Discussion about simulation theory, referencing both the John Brennan and David Deutsch episodes. Tyler expresses skepticism about literal simulation hypotheses, distinguishing between computational universe ideas and the popular “we are a science project” narrative.
  • “If you view the universe as somehow just being about computation in the broadest sense of the word, it seems under all scenarios, the universe as a whole properly construed is a kind of simulation.” — Tyler Cowen [05:17]

Reflections on Predictions from 2020 & COVID’s Impact

[06:24 – 09:17]

• The duo revisits Tyler’s prior-year predictions about movie-going and live events, noting how COVID variants (Delta, Omicron) disrupted expectations.
  • Tyler went to about 30 movies as soon as possible post-vaccination (“I went on a binge once I could. What can I say? Intertemporal substitution, right?” [07:45])
• First in-person CWT interview post-pandemic was with "Alexander the Great"—outside, due to the guest’s “no fixed address.”

Podcast Logistics: Remote vs. In-Person

[09:36 – 10:39]

• Only 3 out of potentially 28 episodes were recorded in person in 2021.
• Jeff notes remote interviews allow for a more diverse set of guests.
• Tyler prefers meeting guests face-to-face for the personal experience (“I like airports, actually.” [10:38]) and finds the snippy dynamic of remote podcasting double-edged.

Most Downloaded Episode: Amiya Srinivasan

[11:08 – 13:52]

• The episode with philosopher Amiya Srinivasan generated the highest downloads and engagement due to intense, fundamental pushback against Cowen’s questioning.
  • “She gave much more what you might call fundamental pushback to my questions than I was expecting. [...] If someone wants to sort of fight a war over the terms of discourse, my view is bring it on.” — Tyler Cowen [11:51]
• Tyler views robust philosophical sparring as a sign of respect and as preferred for such guests.

Gender, Guests, and Metrics

[15:08 – 16:34]

• Discussion of listenership statistics and gender, with Tyler asserting the women guests are often more substantial in their responses and, on average, his preferred podcast episodes.
  • “I think on average the women on Conversations with Tyler do better than the men. [...] I prefer the podcast with women as a whole.” — Tyler Cowen [16:05]
• Recommendation for listeners: “If you are considering skipping an episode, that is in fact a good sign that you should absolutely listen to it.” — Jeff Holmes [16:23]

Underrated & Overrated Episodes

[17:45 – 19:37]

• Tyler’s picks for underrated episodes: Ruth Scurr (Napoleon), David Salle (visual arts), Richard Prum (ornithology). He highlights the energy and expertise of guests like Dana Gioia and Neil Ferguson.
  • “Richards a great person to study, I think to learn how to be successful and that is to care more than the others. You have to do more than that. But it's a great starting point.” — Tyler Cowen [27:38]

Name That Production Function (Guest Quotes Game)

[20:13 – 28:12]

• Jeff quizzes Tyler using guests' notable lines about their “production functions.”
• Examples:
  • “I've always been good at finding things [...] I could go to a whole patch of clover and reach in and find the four-leaf clover.” (Sarah Parcak, space archaeologist) [20:34]
  • “The instrument that I play is really just dialogue and discourse. I've got a strongly evolutionary mindset...” (Noubar Afeyan, Moderna chairman) [22:27]
  • “The fact that science is hard. A lot of people will go and say, well, if I'm going to expend a lot of energy, I better do something that somebody else thinks is important. [...] I think about the research subject, and I think, what is the coolest thing that I could do with my time now...” (Richard Prum, ornithologist) [27:06]
  • “The most important thing you can do in that remaining part of your life must be intellectual succession and planning. [...] We need new institutions and I want to spend more time on institution building and less time on book writing [...] that should strike terror in my enemies' hearts.” (Niall Ferguson) [28:12]

On Institutional Innovation: University of Austin

[28:29 – 30:39]

• Tyler is optimistic but cautious about the University of Austin, advising them to be truly radical and not just “not woke.” The project is in early stages; success may lie in recruiting young talent, not famous tenured faculty.
  • “The Beatles didn't try to hire Frank Sinatra, did they?” — Tyler Cowen [30:48]

Book and Culture Reflection: Revisiting 2011’s Picks

[32:03 – 40:24]

• Jeff reads back Cowen’s 2011 picks in film, books, and music, with Tyler offering updates and context on his “hits” and “misses.”
• On movies: Praises directors Denis Villeneuve (“Incendies,” “Dune”) and the audacious “Uncle Boonmee.”
• On books: Steven Pinker’s “Better Angels of Our Nature,” Isaacson’s “Steve Jobs,” and Murakami’s “IQ84” (“He should have won a Nobel Prize by now.” [37:48]).
• On music: From Abigail Washburn to St. Vincent and the Beach Boys’ “Smile Sessions.”
  • “Some of the greatest music ever created in the 20th century.” (on Beach Boys) [40:14]

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Notable Quotes & Memorable Moments

• On UFOs:
  “It seems to me a major puzzle. No matter what it is, it should change all of our lives more than it does.” — Tyler [03:19]

• On Simulation Theory:
  “Are we living in a simulation? Almost certainly. Are we the product of somebody's experiment? That seems less likely to me.” — Tyler [05:22]

• On Podcast Formats:
  “It's easier to be snippy with people remote. That may be good or it may be bad, but I find that's one difference. But for me, a big motive in doing these is getting to meet the people. So remote in that sense makes it less desirable for me. I'm still going to do them, but I miss meeting all the people. And I like airports, actually.” — Tyler [10:22]

• On Interviewing Philosophers:
  “When people interview philosophers, they should take them more seriously and actually try to get at whether their propositions are correct.” — Tyler [14:25]

• On Gender and Guest Quality:
  “One of the great injustices of podcast life underreported.” — Tyler [15:33]

• On the Underrated:
  “David Salley. A lot of people just are not connected to the visual arts and painting. That's probably an underrated episode.” — Tyler [17:52]

• On Institutional Innovation:
  “I think innovation in higher ed should be encouraged, but I'm not part of the process.” — Tyler [28:48]

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Audience Questions & Reflections

Podcast Self-Rating

[42:37]

• Tyler contends women guests’ episodes are most underrated, CEOs episodes often overrated.

Teaching People to Ask Better Questions

[43:08]

• “Apparently it taught him. That's a good question. Right?” (on teaching better questions via podcast) [43:08]

Revisiting David Deutsch & Popper

[43:25]

• “Deutsch convinced me there's often a lot of hot air behind Popper. [...] He seemed to me in some fundamental ways a dogmatist and not really able to defend Popper very well.” — Tyler [43:25]

On Education and Parenting

[44:36 – 49:08]

• Tyler critiques age-grouping in K–12 education and values more cross-age mentorship.
• On parenting: “What you are and how you are is more important than anything you tell them. And how you treat your spouse or partner is more important than how you treat them. They will learn by example.” [45:31]

Information Diet & Value of Context

[49:38 – 51:58]

• “Context is that which is scarce.” — Tyler [49:38]
• He prizes context over new ideas, finding it increasingly rare and valuable in the age of social media.

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Recommendations & Reflections

On New Knowledge

• “Realizing [context] is more important than I thought, at least for me right now, has been maybe my biggest mental change.” — Tyler [50:25]

On Changing Consumption

• Tyler is investing more time in visual arts and “contextual” learning, including African architecture.

On Podcasting

• The team may consider producing a “10-point guide to understanding Conversations with Tyler” to help onboard new listeners needing context.

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Team Acknowledgments

[54:40 – 55:16]

• Tyler and Jeff thank the full CWT production and support team, reiterating the show’s collaborative nature.

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Closing

This year-in-review episode provides a meta-conversation marked by self-examination, transparency about the quirks and aims of the show, and insights into cultural, philosophical, and practical dimensions of intellectual life during pandemic times. Both diehard fans and new listeners will find value in Tyler and Jeff’s exploration of what makes a great conversation, what sorts of guests “click,” and how curiosity and context shape understanding in an age of information overload.

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Transcript

[Dallas]

Hi everyone, this is Dallas, producer of Conversations With Tyler. We've reached the end of another great year of episodes and I hope you've enjoyed listening to and learning from them as much as I have. Conversations With Tyler is just one of the many things I do here at Mercatus, and it's without a doubt one of my favorite aspects about my job. If you've enjoyed this podcast or have benefited from it in any way, if you please consider making a financial contribution this holiday season before the end of the [e-mail] podcasts that's donate.mercatus.org podcasts. Any donation you submit will go towards the production of the show, including new episodes released every other Wednesday, live shows and more in person interviews when it's safe to hold them again, free and open transcripts of every episode enhanced with helpful links and all the books and resources Tyler needs to prepare for these interviews. Additionally, any donation of $75 or more or any monthly donation of $5 or more will receive a copy of Stubborn Attachments signed by Tyler himself and some sweet conversations with Tyler Swagg while supplies last, so don't wait. The show's motto is Listening produces knowledge, and if you have learned anything new, became excited about a new topic, or had any ideas challenged from listening to this podcast, please support the show at donate.mercatus.org podcasts we really appreciate your support and can't wait for you to hear what we have in store for 2022. And with that, here's this week's conversation where we reflect on this past year of conversations and Tyler is interviewed by executive producer of Conversations with Tyler, Jeff Holmes.

[Tyler Cowen]

Conversations with Tyler is produced by the Mercatus center at George Mason University, bridging the gap between academic ideas and real world problems. Learn [e-mail] and for more conversations, including videos, transcripts and upcoming dates, visit conversationswithtyler.com.

[Jeff Holmes]

Hello everyone and welcome to Conversations with Tyler. My name is Jeff Holmes. I am not Tyler, but I produce Conversations with Tyler and we're doing our 2021 year in review. This is the third time we've done it. And Tyler, to start off, I just have to say it's great to see you in person.

[Tyler Cowen]

Good to see you in person as well. I have tested negative five times this week.

[Jeff Holmes]

I feel incredibly safe. Then I will not develop a cough or a scratchy throat on my way home. Then I take it. So the last time I saw you Was April of 2020? Yeah, in this studio, actually, we were recording the Tetlock episode. And that was the last time I think we've seen each other.

[Tyler Cowen]

Amazing.

[Jeff Holmes]

All right. To start, the question everyone wants to know, Tyler, is how has life changed for you since you were featured on Ancient Aliens on the History Channel?

[Tyler Cowen]

I didn't even know I was featured on Ancient Aliens on the History Channel. I will say in a variety of public settings, people ask me, what are my latest thoughts about UFOs. That's the main way in which my life has changed. It seems to be now quite clear that the data the Navy are picking up are real. It's not a mistake of the instruments or bad eyewitness reports. That doesn't mean the UFOs are aliens. I give that something ranging between 1 and 10% depending on my mood on a given day. But it seems to me a major puzzle. No matter what it is, it should change all of our lives more than it does. So.

[Jeff Holmes]

So last year when we were talking, you mentioned. We're referring to the John Brennan episode where this came up. I had not listened to the episode yet, but you said John Brennan talks about UFOs. It's gonna be big. It was quite big. It got picked up a lot. And yes, you were on Ancient Aliens Season 16, Episode 9.

[Tyler Cowen]

Were they nice to me or did they mock me?

[Jeff Holmes]

They throw to the clip. But it's very odd to see you and John Brennan on conversation with Tyler in this studio. Virtually you're in the studio, Brennan's virtual, but you're just sitting there and Brennan is talking about aliens and marginal Revolution.

[Tyler Cowen]

University is now in a Nobel lecture. Right. It's a strange world we live in.

[Jeff Holmes]

This is all going to plan. In other words, this is very much in the 10 year plan for Mercatus Center Comms. And I'm glad to see it's paying off.

[Tyler Cowen]

Whose simulation are we living in? Right. That's the updating we need.

[Jeff Holmes]

So actually that was a Twitter question, so I'll go ahead and ask it. Are we living in a simulation? This was prompted by the David Deutsch conversation.

[Tyler Cowen]

I'm never sure what it means to be living in a simulation. So if there's a high school kid with a project, the project is to simulate a lot of beings, then it's well defined. But is the universe as a whole a simulation? I don't think has a comparably clear answer. If you view the universe as somehow just being about computation in the broadest sense of the word, it seems under all scenarios, the universe as a whole properly construed is a kind of simulation. So in that sense, are we living in a simulation? Almost certainly. Are we the product of somebody's experiment? That seems less likely to me. I simply think that civilizations tend to perish before they can create these truly grand simulations. So the Bayesian reasoning of, well, each civilization creates so many civilizations, you need to reason backwards and assume you're in one. I don't think that works. So basically, no. But the medieval point that in some sense the universe is a simulation in the mind of God. Can you treat the mind of God as a simulation? And so on. At the macro level, people, I think, are confusing those two questions rather too quickly.

[Jeff Holmes]

Has Robin Hanson's paper on grabby aliens influenced you at all on this in terms of, like, civilizational collapse and things like that?

[Tyler Cowen]

I think in Robin's work on grabby aliens, he's trying to infer too much from. From seeing nothing. In my view, we know so little about the parameters of the problem that what we can infer from seeing nothing is pretty close to nothing. And we don't quite see nothing. Right. So you asked me about UFOs before. Maybe that's only a 1% chance that it's some product of an alien civilization. But, no, I think we are mostly in the dark when it comes to grand speculations about the universe and how settled it is with life. I don't agree with Robin's work, but I'm glad he did it. It's very thought provoking.

[Jeff Holmes]

Yeah. And so we may be in the dark about whether we're alone in the universe and the future of civilization, but we're less in the dark about some predictions you made this time last year. And so I thought we could revisit them and see how they fared.

[Tyler Cowen]

Let's try. Let's hope I can remember the actual reality as well as the prediction.

[Jeff Holmes]

So last year I asked when you'd have your first normal movie theater experience, where you just buy a ticket, you show up, you don't know anyone else, you're not renting out, and don't rent.

[Tyler Cowen]

Out the whole theater. Which is what I was doing.

[Jeff Holmes]

Correct.

[Tyler Cowen]

Okay.

[Jeff Holmes]

You suggested it would just be, like, three weeks after your second dose or whenever you had achieved full immunity. Do you remember when you saw that first movie and what it was?

[Tyler Cowen]

I don't remember what the movie was. I strongly expect I went to the movies as soon as I could, which would be like two, three weeks after the second dose. I think my second dose was March 1, so probably sometime in March. There wasn't much to see, you know, but I was willing to see crap. I don't remember.

[Jeff Holmes]

How many movies did you see in a theater this year, roughly?

[Tyler Cowen]

I would guess 30. 30, a fair number.

[Jeff Holmes]

I saw three.

[Tyler Cowen]

You saw three.

[Jeff Holmes]

So you're.

[Tyler Cowen]

You have small children, though.

[Jeff Holmes]

Yes, and one of them was with the small child. And it was a great experience of her first movie theater experience. So it was fun to have the opportunity to do that. That was in fact, my first back to the movies experience was watching Raya and the Last Dragon. For anyone who's wondering at home, I.

[Tyler Cowen]

Went on a binge once I could. What can I say? Intertemporal substitution, Right?

[Jeff Holmes]

Yep. So I also asked about the first in person conversation with Tyler in general. First one on one interview in person. You suggested it would be in February. In fact, it was in June and it was with Alexander the Great.

[Tyler Cowen]

But that was outside. He lives outside.

[Jeff Holmes]

Yeah, it was. Would have had to be in person and outside, regardless of COVID actually.

[Tyler Cowen]

Correct. So I hadn't foreseen that he is a man without permanent residence. Is that the.

[Jeff Holmes]

No fixed address.

[Tyler Cowen]

No fixed address.

[Jeff Holmes]

Yeah.

[Tyler Cowen]

True of us all. In the longer run.

[Jeff Holmes]

Yep. And then in terms of a live CWT where we have a live audience, we both thought we would do1 in 2021, but in fact the first one we're doing is going to be in January and. And that is going to be just for Mercatus, folks. It's not even going to be open to the public. It'll still be somewhat of a closed event.

[Tyler Cowen]

We didn't foresee Delta. Right. Like many other people. Otherwise I think we would have had one.

[Jeff Holmes]

Yeah. So I was going to ask, what did those predictions about CWT in particular reveal to you about the state of what we were assuming would come in.

[Tyler Cowen]

2021 as second doses were becoming available? My modal prediction was that there wouldn't be a major new variant of import. I certainly was aware of the possibility, but I thought by very late in the year we'd have a vaccine mandate and have in a maybe not huge audience somewhere for a guest. But with Delta and now Omicron, that's still not going to happen for a while. That's what I got wrong.

[Jeff Holmes]

Okay, let's go through the numbers on conversation with Tyler. So this will be the last episode of the year and we'll have released 27 episodes with the possibility of the 28th because you're potentially doing a bonus episode with Russ Roberts. So if that release is in December, that'll be the 28th of the year. How many do you think we did in person?

[Tyler Cowen]

Is it zero?

[Jeff Holmes]

No, it's not zero. Because there's Alexander the Great.

[Tyler Cowen]

Oh, there's David Rubenstein, Alexander the Great. So I guess I'll say 2.

[Jeff Holmes]

And you're missing David Salley. 3.

[Tyler Cowen]

Ah, of course, David Salley. That was a good episode in his studio.

[Jeff Holmes]

In his studio. Obviously, I think you would have predicted, for reasons we've just gone over, that we would have done more in person.

[Tyler Cowen]

And we could have done more, but it just out turns turned out to be okay enough to do them, not in person. And other people were afraid even if we weren't right.

[Jeff Holmes]

And I think, like a lot of people, we're learning that the benefits to remote are the logistics are easier, the access is greater. And so I would expect going forward, it'll still be. We'll save the in person, maybe for special guests. But the remote has really worked out well in terms of giving us access to a more diverse set of guests.

[Tyler Cowen]

It's easier to be snippy with people remote. That may be good or it may be bad, but I find that's one difference. But for me, a big motive in doing these is getting to meet the people. So remote in that sense makes it less desirable for me. I'm still going to do them, but I miss meeting all the people. And I like airports, actually.

[Jeff Holmes]

Really?

[Tyler Cowen]

I genuinely, honestly do.

[Jeff Holmes]

And yet I seem to recall in your interview with Larissa McFarker, you talked about how if you could have like one sort of superpower ability. I can't quite remember how it was framed, but you said just like instantly being able to travel to a place.

[Tyler Cowen]

Oh, sure. But that's like getting to Uzbekistan. So if we're like flying to Albany to see Lydia Davis or something. Something. It's not nearly as hard. And I wouldn't say I like flying, but I do like airports.

[Jeff Holmes]

Yeah, airports are underrated. I agree.

[Tyler Cowen]

And the food in them has gotten better and better.

[Jeff Holmes]

What's your favorite airport for food?

[Tyler Cowen]

Well, Singapore, obviously, but Chicago, I like pizza and so on. Most airports now are pretty good for food. They're good enough.

[Jeff Holmes]

Atlanta used to have a very good restaurant. One flew south. I'm not sure how good it is in the past few years, but it was excellent. Okay, so in August, you wrote a podcast. Really works when it is the dramatic unfolding of a story and mood between the guest and host. And in September, we had our most downloaded episode.

[Tyler Cowen]

That was Amiya Srinivasan.

[Jeff Holmes]

Yes. What was your intended story? Or mood there. And how do you think it diverged from what was actually perceived by the audience?

[Tyler Cowen]

She gave much more what you might call fundamental pushback to my questions than I was expecting. So I thought it made for a very good podcast. I really liked it. I think she's super smart. If someone wants to sort of fight a war over the terms of discourse, my view is bring it on. You know, one should respect that. But I thought it would be much more a kind of internal exploration of aspects of different arguments, and it wasn't. It was, how can you even ask this kind of question response from her? So that was a bit new for Conversations with Tyler, but again, that's great. One of my favorite episodes of the year. And the people either hated it or got very upset at her, or some of her fans maybe hated me. But that's a sign it had some resonance, right?

[Jeff Holmes]

It did have resonance. I mean, I was not aware of it until I looked at the stats. I knew that there was chatter about it online, but it's the most downloaded. And also the retention, the amount people listen to was quite high too. So they weren't listening to it and turning it off in disgust. They were actually listening to almost all of it.

[Tyler Cowen]

In fact, on average, many people are remembering that podcast. That's my sense. People still talk to me about it, write me about it.

[Jeff Holmes]

How would you describe your interview style in particular with her? Do you think that it was your style as an interviewer that caused that to go somewhat off the rails?

[Tyler Cowen]

I don't know. I think my style for my conversation with her was a little bit different. So if someone does philosophy and at an abstract level, they're virtually asking or forcing you to challenge them more than would be the case, say, if you're interviewing a CEO or a general. So I thought it was a kind of respect to her argument to try to challenge its premises, empirically or otherwise. That's not the case with, say, you know, Pierpaolo Barberi, who has a startup, and I asked him about his sector, but I was asking him to explain to us how it works. So it was very different, but relative to her being a philosopher, I don't think it was so different. I think that's how you should interview a philosopher you respect.

[Jeff Holmes]

Yeah, I think you could say that your interview style is very masculine, because it is. It tends to be more abstract and about getting to the point and what do you really think about this? But also, that's a more philosophical approach. And so one thing more Socratic. Yeah, right. And so one thing I think drove some of the reaction to it, the negative reaction was exactly that, which is there was a feeling that it sort of didn't follow what the standard should be given her profession. Do you think that's fair? Or as you said, you were happy she pushed back, but should people do that more?

[Tyler Cowen]

When people interview philosophers, they should take them more seriously and actually try to get at whether their propositions are correct. It seems to me too many people stick in the typical interview mode of tell us what's in your latest book or what's up with these incels anyway, or how does this argument imply feminism should evolve for the next century? Which are like, okay questions, but they're too open ended. They're inviting a kind of blathery response. Right. When I interviewed Richard Prum, the ornithologist, anyone who does birds, you figure is looking for some kind of specific pointed questions about birds. And he got those. So maybe he was the only one who got an interview like that. But relative to him being an ornithologist, he still got the Tyler Cowan style.

[Jeff Holmes]

Yeah. So the one thing I'll say is I was very happy to see that it was in fact so well downloaded and listened to. We definitely see in the stats that listeners are not willing to give certain episodes a chance. And one of the factors is maybe the topics a little more obscure. But it's pretty clear that one of the factors is also whether they're a woman. They're just you.

[Tyler Cowen]

Just one of the great injustices of podcast life underreported.

[Jeff Holmes]

So I will say this year it's better news. I think actually the female guests who were featured this year, Patricia Farah, Sarah Parcak, they all did pretty well. But perhaps it was also aided by the fact that they were talking about things that speaks to a typically male audience. So it was like the classics and Newton and archaeology, but when you have someone who's talking about feminism, well, maybe I'll skip that one. And that's not what I want. I already know what that's going to be about.

[Tyler Cowen]

I think on average the women on conversation with Tyler do better than the men. And the difference on average is they're rarely or never willing to just be a blowhard. They always feel they have to say something of actual substance. And it's interesting that that is the difference. But I prefer the podcast with women as a whole.

[Jeff Holmes]

Yeah. And I would say as a simple heuristic, if you are considering you listener, if you're considering skipping an episode, that is in fact A good sign that you should absolutely listen to it. I think that.

[Tyler Cowen]

But only for our podcast, right? Not for other people's podcasts.

[Jeff Holmes]

Fair enough. I'll say for our podcast, though, I feel like that's been generally true for me. You are subscribing to a show in part because you are recognizing the host's ability to curate or select people who are interesting, certainly for conversation with Tyler, but for a number of other interview shows as well. And so by virtue of that guest being on the podcast, that's a certain certification that you should spend some time with him. Now, for other shows, there's more of the grind of production. Like, we have to get an episode out. Maybe this person just got a book to promote and I don't have a personal connection. But you're very much on the record of saying you don't have anyone on you don't actually want to learn from.

[Tyler Cowen]

That may not be true anymore, by the way, but I'm not going to name names. Some people ask you and you figure you should do it like they're very famous. Like, how can I say no? It may bring in some new listeners, but I'm not sure I can say that about every podcast this year.

[Jeff Holmes]

Yes. To say that another way, I think if you were looking for the overrated episodes of Conversation with Tyler, you would not be looking at the women Correct this year.

[Tyler Cowen]

And it's the famous people who sometimes are a bit, you know, the ones to be suspicious of. Discompensating differentials. Right.

[Jeff Holmes]

So we talked a little bit about overrated. What's your pick for underrated episodes?

[Tyler Cowen]

I don't see the listened to numbers. The Ruth Scurr one on Napoleon in 18th century history was excellent. I'm not sure it's like incredibly popular, but that's probably underrated. David Salley. A lot of people just are not connected to the visual arts and painting. That's probably an underrated episode. Richard Prum, the bird guy, I thought he was one of the very best of the year. People like Chris Blattman loved it, but I'm not sure. In terms of numbers, I thought we had these three in a row. Sarah Parcheck, Dana Joy as Shoddy barch, like the three best CWTs in a row ever. And I hope people realize they got that from us.

[Jeff Holmes]

Yeah, I think my two picks would be Richard Prum, which definitely underperformed a little bit. And I think people maybe just said like, oranthology birds, what do I care? But you're really missing quite a lot by Skipping that episode. And then the other one I would submit is danajoya. I think for me, the thing that unites some of the very good ones, I would count Ruskur in this as well. But Prum, Joya, they all had such a passion and enthusiasm, and they so clearly still loved what they were doing that it is just impossible not to pick up on that enthusiasm. And after I listened to prom, I started, like, looking at all the birds in my backyard. And, like, I really need to. I have like 20 varieties of birds in my backyard. Who would have thought? Joya I realized, like, I felt like my life was impoverished because I couldn't appreciate the things on a level that, I mean, you call them an information billionaire. And it's exactly right that he just seems to have such this wealth that he knows how to use. Listening to those was wonderful.

[Tyler Cowen]

Danagioia. Along with possibly Neil Ferguson. He's the guest we've had where you can ask him literally anything and he has a good, coherent answer. And there aren't many guests like that. And I appreciate that he's one of them. And he's to the point with it as well.

[Jeff Holmes]

And what's remarkable is he sent you an email afterwards saying, thank you. It was a wonderful interview. And he said that he had felt like he was in a fog, and this conversation helped him kind of break out a little bit of that fog. And it's remarkable not just because for someone who was in a fog, that interview is remarkable, but also the fact that, you know, we're all in a fog. And so empathizing with him in that way that even this guy who gets so much joy out of things was still feeling a little kind of down on himself was kind of amazing to me. All right, are you up for some? Name that production function. Your favorite segment.

[Tyler Cowen]

I'm hardly going to get any of these correct.

[Jeff Holmes]

Your favorite segment listeners as well. Okay, let's see. Okay, first one. I think I've always been good at finding things. I don't know if it's because I'm just good at pattern recognition, but even When I was 5, 6, 7 years old, I could go to a whole patch of clover and reach in and find the four leaf clover.

[Tyler Cowen]

That sounds like Sarah Parchak, the space archaeologist.

[Jeff Holmes]

That's right.

[Tyler Cowen]

Did I actually get one?

[Jeff Holmes]

You got it right. So she's a space archaeologist. So her visual acuity with pattern recognition is something that she still uses to this day. So who would have thought you can pick a four leaf clover out and make a career out of It. All right, one for one. Good job.

[Tyler Cowen]

I have that same ability, by the way. I can see, like, a big shelf full of books and immediately find, like, a single title.

[Jeff Holmes]

Is that a general ability or is it very specific to, like, text, for instance?

[Tyler Cowen]

I think it's general to the visual. Not only text is my sense of I got a chessboard that's not text, but I have reasonable ability there as well, to see a combination, say.

[Jeff Holmes]

All right, second one. This is an anti production function. I'll tell you what I am not very good at. I don't think I'm the most inspiring or compelling person. I've gotten a lot of practice at it over the years, but in terms of the early days, in terms of fundraising, pitching, people, recruiting, I was never very good at that. B, B minus. I was enough to get to the next stage, but I never ended up being world class.

[Tyler Cowen]

Is that Brian Armstrong?

[Jeff Holmes]

That's Brian Armstrong.

[Tyler Cowen]

Okay. He's underrating himself, but that's fine.

[Jeff Holmes]

He gave himself some credit for, you know, talent recognition and managerial ability, I think it was. But he just doesn't think he's got the sort of charisma that he feels like he should.

[Tyler Cowen]

But his earnestness comes through, as indeed it did on that podcast. And he may be underrating how much other people value his earnestness.

[Jeff Holmes]

Yeah. All right, two for two. All right. Here's the third one. The instrument that I play is really just dialogue and discourse. I've got a strongly evolutionary mindset in this notion of emergence. I think that if you're doing something that's never been done before, you have to be very humble, recognizing that you don't know what the right thing to do is, but also nobody else does. In that milieu, you need to create a culture where people are willing to say things and be wrong so that others can say other things. And over time, whatever is right can emerge.

[Tyler Cowen]

I have no idea. Nubara. Fine.

[Jeff Holmes]

You're right.

[Tyler Cowen]

Okay.

[Jeff Holmes]

Yep. He was talking about that in the context of running Moderna and many other companies. Many other companies allowing people the scope to make bad arguments because it gets you to the good stuff, which I think is a theme. We were talking before the recording of Get Back, the Beatles documentary, of just kind of getting the sludge and just. Paul was big on, like, we just got to play it poorly so that we can get somewhere good.

[Tyler Cowen]

That's right. And it worked for him.

[Jeff Holmes]

Yeah. Nubar was also really good because we titled that one on the permission to leap. That's one of his core ideas. And and it was this idea that there comes a point where societal factors, policy factors, whatever, give you that permission to take a big step. And in that case, it was this vaccine development. Why have we not leapt more in 2021? It feels like when we had this conversation a year ago, like vaccines were approved took longer than it should, but we were looking forward to widespread vaccine availability and surely things would get better. And it still feels like we're in a new administration, it's a new policy regime. It still feels like we're not able to make the leaps. The permission to leap is not there. Why do you think that is?

[Tyler Cowen]

I think a lot of older institutions are broken, maybe permanently, so they're just crippled or not able to do anything other than routine. But I suppose I see the variance in our ability to leap as having gone up, so the leapers leap more quickly and leap higher. In the biomedical sciences, we're seeing many different innovations against malaria, against dengue, against sickle cell anemia, crispr. So there's plenty of leaping. But on average, I don't know, I think this average is over idea. We're seeing an innovation as well.

[Jeff Holmes]

Well, I think the innovators are doing it well. But you would think that we would recognize some things that are like, wow, we've been maybe keeping things a little too tied down, we're a little too risk averse in terms of a societal or policy response. And I guess I'm just still confused that we've seen this miraculous development of the vaccines and still there's this hesitancy. Like I would suspect that these new vaccines, like malaria vaccine, will come more quickly, but still it will take far too long.

[Tyler Cowen]

I think there's some change in the news cycle where people just don't care about so many things. They may care for a short while and then it passes and then the new thing is here. So attention switching is much different than it used to be. So if it's something where you need a lot of people behind you to get something done, like to get 90% vaccinated, that seems much harder than ever before. But if the mass of people, you simply need them to tolerate what you're doing, and if the law is not hindering you, that may in some ways be easier than it used to be because the attention switching is so rapid, it's harder for them to prove an obstacle. Now we have a bunch of problems vaccinating people, testing climate change, where you need active participation from a lot of people, and there we're having problems. But the Other class of innovations. I think we're kicking butt. So it's a weird world. Higher variance, I think, is the key.

[Jeff Holmes]

All right, you're three for three on production function. Can we keep the trend? Fourth one. People who stayed with me in my house have told me that I have a habit of which I was completely unaware that I sit upstairs where I'm sitting now in my study, and I work on my computer. Then about every half an hour, there's an enormous bang and I stamp around the room swearing. The people in the house are terribly worried that something has gone awfully wrong. Then I get back to work and everything resumes as usual for the next half an hour. And then it all happens again. I was completely unaware that I did that until several people have told me that I do. But it seems to work.

[Tyler Cowen]

That sounds like Neil Ferguson because he has a summer house in Wales. Right? In Wales, things go bad.

[Jeff Holmes]

I agree that it sounds like Neil Ferguson, but you're wrong.

[Tyler Cowen]

Who is it?

[Jeff Holmes]

This is Patricia Farah.

[Tyler Cowen]

Ah, okay.

[Jeff Holmes]

Yeah. Surprising answer, I think.

[Tyler Cowen]

But same country.

[Jeff Holmes]

Yes. Same energy. Yes. This is my favorite from the year, I think, because I think actually it just describes an element of my own production function is that I talk to myself and I often get very loud and obnoxious, and sometimes I scare other people that are around me and have no idea I'm doing it. So me and Farah got that in common. Okay, let's do two more, and then we'll call it quits. My favorite Onion article was titled nsf. Studies show science is hard. What is people's response to that? The fact that science is hard. A lot of people will go and say, well, if I'm going to expend a lot of energy, I better do something that somebody else thinks is important. They look to the sides and they think that doing something somebody else thinks is important is their mission. I think about the research subject, and I think, what is the coolest thing that I could do with my time now or this day, this next day ahead of me? That would solve something.

[Tyler Cowen]

I have no idea on that one. Maybe I'll guess Daniel Carpenter, but that's a stab in the dark.

[Jeff Holmes]

His research subject that I removed for context clue is birds.

[Tyler Cowen]

Yeah. Then we know it's Richard Prum.

[Jeff Holmes]

Richard Prum. His basic point was he loves birds. He loves birds and that guides everything he does. He doesn't particularly care about grand research agendas or revealing the answer to big questions. He just wants to discover something cool about birds. What do you think is That a general approach that should be followed or is that maybe unique to ornithology?

[Tyler Cowen]

Richard's a great person to study, I think to learn how to be successful and that is to care more than the others. You have to do more than that. But it's a great starting point.

[Jeff Holmes]

All right, last one. The most important thing you can do in that remaining part of your life must be intellectual succession and planning. Academic life, in my view, has gone off the rails in ways that I never would have imagined in the 1980s when I was starting out. We need new institutions and I want to spend more time on institution building and less time on book writing and whatever time is left to me. And. And that should strike terror in my enemies hearts.

[Tyler Cowen]

And that is Neil Ferguson, the terror in the hearts. It's like the whole Scottish thing. Sir Walter Scott, you know, the thump in the attic in the Welsh summer home. And he's cluing us in that University of Austin is ready to come, right? And I heard him say that. I'm thinking, so what's he actually going to do? And I didn't know and now I know.

[Jeff Holmes]

So you're an advisor or what's your capacity on University of Austin?

[Tyler Cowen]

I'm on the advisory board. I don't govern, I don't work on it any particular day. I was asked to be on the advisory board, keen to see what they do. I think innovation in higher ed should be encouraged, but I'm not part of the process.

[Jeff Holmes]

So a listener on Twitter asked, what do you think is going to be different there based on what you see.

[Tyler Cowen]

At the University of Austin? We're very close TO T SUB 0 in University of Austin planning, so I'm not sure how much anyone knows, but I think they will genuinely teach classic works. They will genuinely court STEM majors and give them a rigorous education. I think they will attract a fair number of students. The push I gave them in the chat I had with their president was to really be a radical university and not just not be woke, but to change pedagogy quite a bit in innovative ways that took a lot of chances. I genuinely have no idea how much they will or will not be doing that, but that was my advice as someone on the advisory board. So if it were just like a better St. John's with more stem majors or. Well, that would be great. I love St. John's as it is. Maybe they're underperforming relative to what they could be and could do and they ought to think big and have founder energy and overturn the World, we'll see.

[Jeff Holmes]

So speaking of founder energy, if we're sort of thinking about it in terms of starting a company or venture capital or whatever, I think one thing that worries me about it, maybe it's too early in it, but I don't see people dropping everything to join it. They don't have the skin in the game. So so far maybe I'm wrong, but so far none of the big professors or whatever have revoked 10 and said like I'm full time University of Austin. Is that a concern?

[Tyler Cowen]

I don't know. I think the first thing I said is we're very close to t sub 0 and the planning horizon. It's just so, so early in the game. I'm not sure they will succeed by getting well known people to join. That strategy itself might be a mistake. Most well known people are somewhat older. Nothing against that. But it could be they've revolutionized the world by getting a few 23 year old YouTubers on board. Right?

[Jeff Holmes]

Right. And maybe they should read your forthcoming book on how to spot talent and use that to recruit new professors or non professors as the case may be.

[Tyler Cowen]

The Beatles didn't try to hire Frank Sinatra, did they? No, of course not. Nothing against Frank, but look, they did.

[Jeff Holmes]

Joke about getting Eric Clapton at one point to replace George Harrison.

[Tyler Cowen]

They didn't do it. He played guitar on While My Guitar Gently Weeps, but I don't even like his solo that much. So Billy Preston was the really good move. I mean he was fantastic on all those songs, both on the albums and in the documentary. A much better temporary acquisition than Eric Clapton was, I think.

[Jeff Holmes]

Yeah. So I referenced your book last year. I think you said a draft was finished, but that was where it stood. Any updates on the book with Daniel Gross on talent?

[Tyler Cowen]

The book is called Talent. It's being published by St. Martin's on May 22. About a week ago we did all the final, final proofreading on the galleys. So the jacket copy and all that, it is done, delivered, ready to be published. It will be out in what, five months? May.

[Jeff Holmes]

All right.

[Tyler Cowen]

I'm very excited and Daniel has been absolutely wonderful to work with.

[Jeff Holmes]

Okay. Another listener on Twitter asked if we could revisit some of your culture picks from 2011. I did that two years ago since it was the end of the decade. So we went back to 2009 in that case and looked at your pop culture picks from 2009. We didn't do it last year, but since he asked, I went back and looked at your picks from 2011.

[Tyler Cowen]

Let's do it.

[Jeff Holmes]

So movies, books and music. Do you remember anything from your picks then?

[Tyler Cowen]

No, I have no idea what was in what year. Some things are in iconic years, like Sgt. Pepper was 1967. But whether it was 2012 or 2011, no idea.

[Jeff Holmes]

Especially for books, we'll do movies first. The big one is that you just come out of the gate saying, I didn't like anything from Hollywood or Even Indies in 2011. So almost all your picks are foreign.

[Tyler Cowen]

The decline of Hollywood had already started. There's so many sequels, a trend that has continued. So many tentpole franchises. Right. Mostly they're boring.

[Jeff Holmes]

Yeah. So, I mean, but how does that compare to this year, though? I think a lot of your picks this year are fairly mainstream. I mean, there's Dune. Get Back. What else have you got? Minari. I mean, they're pretty standard fare, like things you would see on pretty much any critics.

[Tyler Cowen]

Listen, I don't think Minari is standard Hollywood fare. Maybe it's standard indie. Get Back is eight hours. It's a New Zealand director. It's reassembled from footage of another movie. It's a documentary of a documentary. It's a fundamentally strange thing. Dune took forever to make. It's a French Canadian director. Movies like a running commentary on Islam. It's Tentpole in the sense that the novel is, what, from 1965? But it's a weird pick. And it's not on a lot of best of lists this year, which I find baffling. It's highly imperfect. But to not put that movie on your list at all, just for the soundtrack, the visuals, seems to me criminal.

[Jeff Holmes]

Dune was another of the three I saw this year, and I was glad I did it. Okay, let's go through your 2011 list really quickly.

[Tyler Cowen]

Sure.

[Jeff Holmes]

All right, number one, in no particular order, I think. But number one was incendies. Do you remember what that's about?

[Tyler Cowen]

That is by the same director of Dune. That was his.

[Jeff Holmes]

Oh, is that Denis?

[Tyler Cowen]

Yeah, that's his breakthrough movie. It's incredible.

[Jeff Holmes]

I didn't know that. I'd never heard of it. So, yeah, French Canadian movie, mostly set in Lebanon.

[Tyler Cowen]

Highly recommended. Whether or not you liked Dune. So that was a good pick. It held up very well. The director has proven his merits repeatedly and the market agrees.

[Jeff Holmes]

I'm a fan of Denis Villeneuve. I mean, like, obviously Arrival was great. Oh, I can't think of the Mexican drug movie. I can't think of the name off the top of my head.

[Tyler Cowen]

Was it Sicario? Sicario also that Was interesting, yes.

[Jeff Holmes]

He is one of the only directors where when he now makes something, I know I will go and see.

[Tyler Cowen]

Well, you must see Incendes, but so far I'm on a roll. What's next?

[Jeff Holmes]

All right, number two, Uncle Boonmi, who can recall his past lives.

[Tyler Cowen]

Possibly the best movie of the last 20 years. I'm impressed by myself. It's a Thai movie. It's very hard to explain. I've seen it three times since and a lot of other people have it as either their favorite movie ever or, like in a top 10 status. But a large screen is a benefit. And if you're seeing the movie, pay very close attention to its sounds and to the sonic world it creates, not just the images.

[Jeff Holmes]

All right, number three of Gods and Men. You remember that one?

[Tyler Cowen]

Yeah. I don't know. The first two picks were better.

[Jeff Holmes]

It's loosely based on the lives of some monks in Algeria. French Christian monks.

[Tyler Cowen]

Oh, that. I thought it was a different movie. Okay, that was pretty good. Yeah, that was good.

[Jeff Holmes]

Number four, Even the Rain, a Spanish movie filmed in Bolivia. You remember that one?

[Tyler Cowen]

Yes, but not well. There's a lot of culturally specific movies that draw you in when you watch. Maybe they're not that universal. They're very good movies, but they don't stick with you. That's fine.

[Jeff Holmes]

Yeah. Number five, Melancholia.

[Tyler Cowen]

Beautiful visuals. Maybe too overblown, but an interesting film.

[Jeff Holmes]

And then a couple other you gave shouts to. You said Drive with Ryan Gosling had excellent moments and scenes. Moneyball was a good but not great movie. It was a great movie about business.

[Tyler Cowen]

It was a very good Hollywood movie. But you've already read the book. You know how it's going to turn out. It's all very stereotypical, super well executed, pretty good dialogue in the old school sense of the term. But again, it didn't stick with me. But Moneyball as a concept, I just wrote a book on talent. My goodness. So there should be a movie version of that. And that was as good of a movie version as we might have expected. So it's still a thumbs up.

[Jeff Holmes]

All right, moving to best books. You had a number of lists of best books, but you had one post that you said, here's essentially your top three across genre. Number one, Steven Pinker. Better Angels of Our Nature.

[Tyler Cowen]

That book is still talked about, right? I would say a very good pick. Maybe I'm more skeptical about the Pinker worldview than I was back then, but an excellent book.

[Jeff Holmes]

Walter Isaacson, Steve Jobs, his bio.

[Tyler Cowen]

You know, I have since heard from people who knew Jobs and or knew people who knew Jobs that the portrait was not entirely accurate. I can't assess that myself. It's still a wonderfully written book about a very important figure. But maybe he's too negative on Jobs. Jobs. Maybe Jobs just wasn't a foot stomping tyrant who yelled at everyone. He got a lot done. I have an iPhone still in my pocket, so I would say maybe Jobs has aged better than the book. But it's still a great book to read. Just take it with a grain of salt.

[Jeff Holmes]

What do you think of Isaacson generally as a biographer? I know a lot of people liked, I think his Leonardo da Vinci biography.

[Tyler Cowen]

I think if you're looking to read one book on Leonardo, it's a very good first or only book to read. But if you've read say more than 10 books on Leonardo, while it's fine, it doesn't add that much. So I'm happy to recommend it. But it wasn't for me a great experience. But it's a well done book.

[Jeff Holmes]

Who's your pick for best biographer? Living, let's say, is it Ruth?

[Tyler Cowen]

Oh, living. You know, I'm right now reading the Andrew Roberts biography of King George iii, the last king of America and Roberts has this wonderful book on Napoleon and a book on Churchill I haven't read yet, but people think is excellent. So I don't know if he's top, but he's top in my mind right now. He's done great work and the King George book is excellent.

[Jeff Holmes]

All right, and the last one on your best books list, Haruki Murakami, IQ84.

[Tyler Cowen]

I would like to read it again, which is a positive sign. I read some of what I read then maybe all of it in German because it came out first in German. So for me reading a book in German and in English, that's different but high marks to it into him and he should have won a Nobel Prize by now. And I say a good pick.

[Jeff Holmes]

All right, I'll run quickly through best music since you had looks like 11 picks for best music. So I'll just run through this really quick.

[Tyler Cowen]

Not 12, 11.

[Jeff Holmes]

All right, in no particular order. Abigail Washburn, City of Refuge.

[Tyler Cowen]

You know, she I think is good friends with Sarah Parcheck. Abigail Washburn, I learned that's interesting. She hasn't done as much lately. I think she's been raising children. She's wife of Bella Fleck. He just came out with a new cd. Her work has held up very well, especially the integration of like Chinese Music with bluegrass and old timey and folk sources. Good pick.

[Jeff Holmes]

Licky Lee, wounded rhymes.

[Tyler Cowen]

She's a Swedish artist. I haven't followed her lately. She never struck me as a long trajectory artist, but that's still good work. She had her own sound. It was emotionally resonant. I'm still happy with that pick.

[Jeff Holmes]

James Blake, Couple albums from him.

[Tyler Cowen]

I didn't like his very latest, but his first few are wonderful and create their own sound worlds and had a big impact. Good pick.

[Jeff Holmes]

All right, let me run through the rest of these and you can react all to them as a mass.

[Tyler Cowen]

Okay.

[Jeff Holmes]

St. Vincent, strange mercy.

[Tyler Cowen]

Okay. Well, ladies, she's become a bigger deal, so. Good pick from. What was that, 2011?

[Jeff Holmes]

Yeah, you're very. It's very hipster of you to like have some of these on here. St. Vincent. Yeah.

[Tyler Cowen]

Okay.

[Jeff Holmes]

Quite a tastemaker you are. Shabazz Palaces, Black Up.

[Tyler Cowen]

No, it hasn't stuck with me. I'll say. Not a great pick.

[Jeff Holmes]

Miles Davis live in Europe, 1967.

[Tyler Cowen]

Sure, but that's a no brainer. It was just released that year.

[Jeff Holmes]

This may be my last time singing raw African American gospel on 45 RPM, 1957-1982.

[Tyler Cowen]

Well, that's a good pick, but every release in that genre is excellent, so it didn't require any intelligence on my part.

[Jeff Holmes]

Wilco, the whole love.

[Tyler Cowen]

You know, I think I only listen still to two or three Wilco albums. The famous ones, Yankee Hotel Foxtrot. They've become quite underrated, but they boil down to like a two or three hour kind of set rather than their lesser albums. So pretty good pick. But I don't listen to that CD anymore.

[Jeff Holmes]

The Smile Sessions.

[Tyler Cowen]

The Beach Boys listen to it all the time. Including the cuts on YouTube of Brian Wilson doing that in concert. Incredible pick. Some of the greatest music ever created in the 20th century.

[Jeff Holmes]

If there was another documentary in the style of get back for any other musical group, who would it be?

[Tyler Cowen]

Well, there is a new Brian Wilson documentary either out or about to come out, which I haven't seen yet, probably. It's incredible. How can it not be? He still deserves much more attention. He was the person where Paul McCartney thought, this is my rival. Right. That says it all. Paul Simon was the other one.

[Jeff Holmes]

Indeed. By Oren Ambarchi and Jim o' Rourke as an lp.

[Tyler Cowen]

Indeed. I can't even place it. What did I say?

[Jeff Holmes]

You said a real winner. Beautiful sound.

[Tyler Cowen]

Well, there you go. It must be true then.

[Jeff Holmes]

Opica pende Africa at 78 RPM again.

[Tyler Cowen]

That's like the old blues cuts, old African popular music. Any halfway reasonable collection of it's going to be excellent. Takes no brains or insight. But yes, good pick.

[Jeff Holmes]

All right. And then later in the post, you say, the artist I listened to the most this year was probably Lonnie Mack, followed by John Fahey. The two best concerts I saw were. I'm not going to say this properly, but Sadi Graha, Satigraha at the Met.

[Tyler Cowen]

I saw that with Yana. We had like second row seats right behind Philip Glass.

[Jeff Holmes]

Oh, nice.

[Tyler Cowen]

Saw the back of his head. Yeah.

[Jeff Holmes]

If we had been producing cwt, you could have leaned over and said, come on. He's on our lists and has been since the beginning. Beginning.

[Tyler Cowen]

More people should listen to Lonnie Mack, the wham of that. Memphis Ma', Am, one of the very best LPs of its age. Early guitar hero, incredible blues guitarist, has a lot of energy, has founder energy, has a sense of impending death and doom. It doesn't seem that well known, however. Like, do you know it?

[Jeff Holmes]

No.

[Tyler Cowen]

Try it.

[Jeff Holmes]

Okay. It seems like you're standing behind your picks. You feel like they've aged well.

[Tyler Cowen]

Well, I'm not sure it's for me to say, but I think you can.

[Jeff Holmes]

Only say how well you feel like your picks have stood up. It sounds like you would make them again.

[Tyler Cowen]

In other words, I would make them again. I'm sure I missed stuff, but they sound somewhat, you know, ahead of their time.

[Jeff Holmes]

Okay. All right, so Those are the 2011 picks. And now we're going to move on to a grab bag of Twitter questions. Okay, first one. Jeff McCarty on Twitter asks underrated or overrated? The Conversations with Tyler podcast and I looked and we have a 4.8 star rating out of five. For what it's worth, are we overrated or underrated or correctly rated?

[Tyler Cowen]

Well, I think the. A lot of the episodes with women guests are quite underrated. That would be the point I would make. Maybe CEOs are the overall the somewhat overrated category.

[Jeff Holmes]

So at any given point, as we veer in composition of guests, that's how you.

[Tyler Cowen]

That's the best predictor of whether it's over or underrated. Correct.

[Jeff Holmes]

Okay, next question. Dwarkesh Patel. Tyler said a while back that one goal of his podcast was to teach people to ask better questions. Is that still a major goal? And how well does he think the podcast has been able to teach that?

[Tyler Cowen]

Apparently it taught him. That's a good question. Right. So, yes, n equals one.

[Jeff Holmes]

But yes, well done, Dwarkesh. All right, question three. Fromtillfewer. Did Deutsch convince you that Popper's philosophy is more profound than you had thought? Do you think he solved the problem of induction, for example?

[Tyler Cowen]

No. Deutsch convinced me there's often a lot of hot air behind Popper. He didn't argue very well on Popper's behalf. Deutsch is way smarter than I am, but he seemed to me in some fundamental ways a dogmatist and not really able to defend Popper very well, that he's made up his mind and you get a particular kind of emphatic statement. But I thought at the philosophical level, his defenses were weak.

[Jeff Holmes]

Someone made the comment, and I wonder if you agree with it, that maybe that's just a casualty of the fact that it's only an hour interview and he simply doesn't have the time. And in general, your style is to kind of make your point and move on. So does he have the time to maybe go into the depths to give you the deep defense, or does he have to, on some level, just assert?

[Tyler Cowen]

I think there are ways, even in a sentence or two, you could show, like, higher depth or defensibility. There's this odd feature of paparianism. It's a bit like it somehow attracts a lot of dogmatists. I don't know why you would think a philosophy that emphasizes fallibility and refutation wouldn't do that, but it does.

[Jeff Holmes]

Okay, next question from. Asked a number of ones. I think the one I'll pick is, we talked about university curriculum, but if you could do whatever you wanted, how would you change elementary, middle school, high school curricula?

[Tyler Cowen]

I don't think I know enough to say, but intuitively it strikes me as somewhat absurd that we group together, children all of the same age. There's an obvious kind of staggering problem, but ideally, you would want younger children always to be interacting with older children and older children to take on a partial role of teacher, mentor, older peer. So the idea that there's like, the second grade, the third grade, the fourth grade, in my gut, I feel that has to be wrong, and you're inducing the kids to bring out the worst in each other. So I don't know how to fix that, but that's where my attention would point on that assumption that you group by age seems barbaric, somewhat related to.

[Jeff Holmes]

That, but you're thinking about, how do you spot talent. You also think a lot about mentorship, and you've set up programs that are, to some extent about mentorship and trying to identify Talent. Have you thought much about the role of parenting in bringing out the potential in a child either for good or for bad?

[Tyler Cowen]

Well, I've been a parent, I mean still am, but now grown. So I think what you are and how you are that is more important than anything you tell them. And how you treat your spouse or partner is more important than how you treat them. They will learn by example. Primary contributions tend to be genetic, but at the margin, family culture really matters. And you see this, I think it's misleadingly called like tiger mom parenting, but whatever you want to call it, it has worked in some way. Now it's not my style, but it proves parenting style can work right. And you have to figure out what's a version of that that can work for me.

[Jeff Holmes]

I would agree with you mostly as stated, but I'm in particular thinking too about very young children, because I have two very young children. And I think it is about how you comport yourself and how you interact with your spouse, but also how you treat them and model interactions with them, recognizing that they're not just little adults. And for me that's one of the hardest things to learn to do is to recognize that a four year old simply doesn't have the emotional development, say to sort of have a reasoned discussion on something.

[Tyler Cowen]

And they want a kind of structure from you.

[Jeff Holmes]

They do.

[Tyler Cowen]

Which maybe it's not your intuition to feel totally comfortable providing that because you're used to being reasonable with other people, right?

[Jeff Holmes]

There are models of education like progressive model of education, like John Dewey, that I think in part are premised on this notion that as we become adults, we forget what it was like to actually be a child. And that is one of the core challenges of being a parent is to remember what it was like for you when you were really young. Do you think in general that's an underrated thing, that we sort of have this? I mean, how well do you remember how you were at three or four? Very well.

[Tyler Cowen]

No, it's hard for me to know how well, I have the feeling I've changed less over the years than most people, that I was kind of a bit older, young. And now being older, I'm still somewhat young. But I suspect the main like market failure you see with parents is just their mode of interaction is driven by narcissism or their own problems within the family unit rather than concern for the kid, rather than, well, they can't remember what they would like. I would think that's pretty low on the list of what is going wrong.

[Jeff Holmes]

But do you think it's generally true in the sense that we maybe conveniently or are just willing to tolerate a certain kind of. Mistreatment is the wrong word. But, like, we will humiliate our kids in ways that we would never humiliate another adult by, for instance, having a conversation about them in the presence where you talk about some bad behavior or something.

[Tyler Cowen]

I try not to do that. You know, can I say for sure.

[Jeff Holmes]

John Dewey would be proud.

[Tyler Cowen]

Yes, yes, John Dewey would be proud. I don't find that so difficult to avoid. Like, I think in all those ways you should be qu. Quite respectful of your kids.

[Jeff Holmes]

Does that suggest that, for instance, should we actually be treating kids more seriously and for instance, thinking about extending voter rights at a younger age and things like that, or is that just a different question to you?

[Tyler Cowen]

I'm not sure extending voter rights to kids would matter much. There's cosine bargaining within the family. I would say I'm not opposed, but I'm not for it. Another intuition I have is children feel less in control than you as a parent realize. So in ways that, like, don't even matter, you want to give them chances to feel in control, like of a conversation or an interaction. So just kind of hang back a bit and let them own things and own the structure of your interaction with them more than is typically the case. I don't have any real evidence that that has positive benefit, but I know it's how I act. And it sort of feels to me like at the very least it's good for me. I don't see that it's likely to be harming them. So there you go.

[Jeff Holmes]

All right, moving on. Dallas, fellow producer of conversation with Dialer, asks Limp Bizkit's new album, overrated or Underrated?

[Tyler Cowen]

Since I haven't heard it, it must be underrated by me, right? But I don't have any other opinion than that. Hi, Dallas. She's sitting right here.

[Jeff Holmes]

You should check it out, I think.

[Tyler Cowen]

And let us know.

[Jeff Holmes]

Report back. All right. User a mark or ba. Mark. I don't know how to say it. What were the most important things you learned this year? Have you changed your mind? Why?

[Tyler Cowen]

I don't know if I would call them things I've learned. I think I have a new favorite saying that I didn't have at the beginning of the year. And it's context is that which is scarce.

[Jeff Holmes]

Please don't elaborate further.

[Tyler Cowen]

If I go to events with people, which I do pretty often, you know, even in Covid times, it used to Be I would go to hear new and daring ideas that I hadn't heard before. And, you know, that's great, but I think especially with Twitter, it's very hard to hear new and daring ideas you haven't heard before. Why are you listening to other people? The way they put things, the way they argue, the way they paint the bigger picture. You're getting a lot more context for ideas you're somewhat already familiar with, and that context is important. Or by studying other cultures, you're getting context for understanding people or situations or places. And that. That, at the margin is what I'm trying to get more of, is more context rather than new ideas. Realizing that's more important than I thought, at least for me right now, has been maybe my biggest mental change. But almost by definition, it's not a new idea. It's like more context for context.

[Jeff Holmes]

I wonder if sometimes the reason why we don't attract more listeners to the show is because there is a certain orientation that has to happen to appreciate conversations with Tyler. If you sort of get what you're doing, it's very easy. But I know from talking to people, if you just pull up a random episode and listen to it, I think a lot of people do not have that context.

[Tyler Cowen]

Sure, it's deeply bizarre. Right. And I think that's another good example. Context is that which is scarce. So there's ways you can write where your readers have that context, or ways you can podcast where they do and then ways where they don't. One thing with Twitter, like Twitter itself, pulls quotations out of context, but they encourage people to read pieces that are removed from the context of a blog or a particular magazine or newspaper. And that's very much a mixed blessing. So context arguably has become a lot more scarce with social media, and that, to me means there's high gains from being able to fill in those pieces. But if this is a podcast that people need context for, and I strongly suspect that it is, I think that's what we need more of. And if, you know, fewer people, listen, I'm not going to say great, but I don't want to explain everything from scratch. Like, the first question I think ought to be jumping right in.

[Jeff Holmes]

Right. One thing that we're actually thinking about on marketing is how we can do that. So we're not asking you to do that, but we might try to find a way to sort of give people that guide to get into the show. Because while I respect the sort of, like, if you don't like it, get out of your attitude. We also think that this is a good product and we want more people to enjoy it.

[Tyler Cowen]

Sure.

[Jeff Holmes]

So we want to give people the tools to enjoy it.

[Tyler Cowen]

You could do like a 10 point guide to understanding conversations with Tyler.

[Jeff Holmes]

Yes. If anyone out there, like he will.

[Tyler Cowen]

Never ask what the book is about, he will never give you a chance to explain what you're about. The first question will be very pointed and specific.

[Jeff Holmes]

Yes. So if anyone out there wants to take a first stab at that, I think longtime listeners will have no problem putting that together for the benefit of new listeners. Last question for me before we close. Related to this context thing, given that you're searching more for context, how has your information diet changed in the past year? Are you spending less time on the sort of streams of social media or trying to change the composition there?

[Tyler Cowen]

I don't think it's changed all that much. I've spent a lot more time reading about the visual arts and studying images and looking at the visual arts. That would be the biggest change. That's maybe somewhat of a reversion to how I had been earlier rather than a completely new thing, but that's what I would pick as what's been different.

[Jeff Holmes]

And you wrote this book. One of your best books for this year was this guide to sub Saharan African architecture. And why include that? What was it about that spoke to you?

[Tyler Cowen]

Obviously, Africa is a very important continent. It's a very hard continent to learn a lot about, hard to get there, not always an easy experience. So many countries even apart from COVID issues. And here are these seven books which I'm not done reading yet by the way, but I will finish the whole series that just teach you the whole history of Africans building things. And that to me is in many ways a more fundamental history than just reading another political history of Africa where they all go through more or less the same events. Well, apartheid fell and then Biafran war in Nigeria and this and that. And that's all very important. But at the end of the day, if you're interested in Africa at all, that is not what is scarce. There's something more nitty gritty, more contextual on the ground. And these books make a very serious attempt to give you that. And they have excellent photographs and they cover the entire African continent and also give you a sense of diversity and lived experience. But also institutionally, how did these things actually happen? Where did the influences come from? What was the role of colonialism? Why are Finnish architects like prominent in some parts of Africa and not others? And so on? So I thought it's a pretty remarkable series and one of my top picks for book of the year.

[Jeff Holmes]

So architecture, visual art as an entry point into learning about new fields or areas.

[Tyler Cowen]

Correct.

[Jeff Holmes]

All right, before we go, I want to extend thanks to everyone who works on the Conversations with Tyler team. It's not just me and Dallas and Morgan and some of the other names you might hear on the podcast from time to time. It's Kate Brown, Kate Delanois, Mike Hopper, Sloan Shearman, Caroline Baer, Karen Plant, Christina Behe, Hayley Larson, Anna McVeigh, Ashley Schiller. All of these people have contributed significant time to the show in the past year. And so, on behalf of Tyler and myself, thank you to the CWT team. We appreciate your efforts and we look forward to another year of conversations.

[Tyler Cowen]

I'm very lucky to work with all of you. Thank you all who work on CWT very much. And for any listeners or readers out there who support us, your support is very greatly appreciated. Thanks for listening to Conversations with Tyler. You can subscribe to the podcast in itunes, Stitcher, or your favorite podcast app. And if you like this podcast, please consider rating it on itunes and leaving a review. This helps other people find the show.