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Tyler Cowen of George Mason University and the co-host of the blog Marginal Revolution talks with Econ Talk host Russ Roberts about Stubborn Attachments, his book-length treatment of how to think about public policy. Your most recent appearance was two months ago in May when we talked about your book The Complacent Class; and today we're talking a new book that you've written that's online--you can find it at Medium.com; we're going to be putting a link up to it. Tyler Cowen: Since I was a graduate student I've been interested in the normative foundations of economics and political judgments. But, that's the overview of this fairly short book. I argue that if you systematically introduce the idea of sustainable economic growth into philosophy, welfare economics, social choice theory, that that allows you really to clear up a lot of different problems.Cowen argues that economic growth--properly defined--is the moral key to maintaining civilization and promoting human well-being. The title is Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals. And in this book I try to argue we can actually solve the biggest issues in judging what makes a political or economic order right, why do we prefer one economic policy over another. And, unlike a lot of philosophy, which tends to lead to a kind of an anihilism or extreme skepticism, in this I try to suggest we actually have all the answers. I've worked on it for about 20 years, spending maybe a month or two a year trying to improve it. Russ Roberts: Well, it's a really interesting book and it does make a bold claim--more than one bold claim--which your summary captures one of those claims. And think of the fundamental problem in so much of philosophy as being what we call aggregation.

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And basically if you have one economy with a rate of compound growth over time higher than that of another economy, over some number of decades one of those situations will just very clearly be better than the other for almost everyone. Russ Roberts: How would you say that conclusion differs from simply saying we should pursue what's "efficient"? It has a very narrow meaning in economics: It basically means that we--well, I won't even try to summarize it. What's the difference between your economic approach and traditional economic welfare approaches?

And that even though some people are going to gain much more than others, if you take a longer term time perspective--I don't think you quite get to a literal unanimity of all humans being better off.

Say, some people who love power or who want to see the impoverishment of others--they'll be worse off. And without the environment working, none of this will be sustainable.

And that's a book about how we're less willing to incur one-off costs for a much better future.

So, if you are just asking, you know, 'How are people behaving today?