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/

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Hope you enjoy my never-ending podcast conversation!