Paul Romer – interviewed by Tyler Cowen

Source: Medium, Dec 2018

My number-one recommendation is to invest in people. Humans that are well trained are the inputs into this discovery process. And there’s big opportunities still, I think, to do a better job of investing in people.

I think it’d be very helpful if there were a lot more students looking at the far future, saying, “Where are the big opportunities? What do I really want to learn about to have an exciting career?” If those students controlled tuition resources that universities were competing for, the universities would be more responsive to the changing landscape.

’ve always been a little bit more inclined to take risks or maybe to sample a lot more ideas. I sometimes make fun of myself by saying, “I’m just a random idea generator.” And then what’s neat is, others who can filter out the bad ones — then on average I could be helpful.

COWEN: And you also think we should simplify the English language. Right?

ROMER: [laughs] Well, there’s two parts to that. One is, in writing and communication, there should be a very high priority on clarity.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.