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The James Altucher Show

485 - The State of Big Business: Tyler Cowen's Contrarian Economic View

The James Altucher Show

James Altucher

Education, Business

4.6 • 2.7K Ratings

🗓️ 5 September 2019

⏱️ 62 minutes

🧾️ Download transcript

Summary

Tyler Cowen is an economist and the author of "Big Business: A Love Letter to an American Anti-Hero." This book is meant to help calm your nerves. He says, "I think we're in a grumpy time period. People are upset at politicians, at Congress, somewhat at the church, the media, there's a loss of faith in many institutions. There's a sense that whatever is perceived as having power has to be taken down and I think big business is caught up in that... I thought I would just write down the things about big business that no one else was saying." It's sort of a contrarian book... "which ought not to be contrarian." Also, I have a new book, "The Side Hustle Bible." It's a collection of 177 proven ways to make extra income. And I'm giving it away for free to my listeners. You'll hear more in the podcast. I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify   Follow me on Social Media: YouTube Twitter Facebook Linkedin Instagram ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.4

This is the James Altiger Show on the Choose Yourself Network.

0:10.4

Today on the James Altiger Show.

0:15.4

I thought I would just write down about big business, the things that no one else was saying.

0:20.4

And I wrote what I call a contrarian book which ought not to be contrarian.

0:24.4

Right.

0:25.0

What is the general stance against big business?

0:29.0

I think we're in a grumpy time period.

0:31.2

So people are upset at politicians, at Congress, somewhat at the church.

0:36.2

The media, there's a loss of faith in many institutions.

0:40.0

This is a sense that whatever is perceived as having power has to be taken down.

0:44.6

And I think big business is caught up in that.

0:47.0

We also tend to judge businesses as if they should be people or our friends.

0:51.2

And by that standard they will always disappoint us, right?

0:54.0

But if you treat it like, oh, they left me waiting on the helpline for 13 minutes.

0:58.4

That's unjust. That's outrageous.

1:00.8

You're going to hate companies which for the most part are doing you enormous amounts of good.

1:04.8

And the goal of my book is just to calmly go through the facts.

1:08.0

Right. It's very calm.

1:09.2

So what I like about your books and this one is, again, you have this different way of looking at things

1:17.0

which makes me feel calmer about all these things that people have labeled problems.

1:23.2

And yet, you know, you have a whole bag of new problems that you talk about on the podcast.

...

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