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Bestselling author Michael Covel is the host of Trend Following Radio with 15+ million listens. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trading -- all passionately explored and debated. Guests include Nobel Prize winners: Robert Aumann, Angus Deaton, Daniel Kahneman, Oliver Hart, Harry Markowitz & Vernon Smith. More guests: Jack Canfield, Howard Marks, James Altucher, Dan Ariely, Jean-Philippe Bouchaud, Kathleen Eisenhardt, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Tucker Max, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams. 1200+ episodes.

Jul 28, 2017

My guest today is Tyler Cowen, the author of “The Complacent Class: The Self-Defeating Quest for the American Dream.” Tyler first noticed a problem in America when he began traveling after the financial crisis and saw how “comfortable” life had become for many Americans. People were not taking risks anymore and when risk is taken away, what is left?

The topic is his book The Complacent Class: The Self-Defeating Quest for the American Dream.

In this episode of Trend Following Radio we discuss:

  • Complacency
  • Elon Musk
  • Innovators
  • The millennial generation
  • Democracy as a medium
  • American culture on the decline
  • Illegal and legal drug use
  • Online matching from dating to shopping goods
  • Lifting people out of poverty
  • Jack Ma

Jump in!

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

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Hope you enjoy my never-ending podcast conversation!