In this conversation, we explore the significance of national IQ over individual IQ, the impact of cultural externalities on immigration, and the disparities in income across countries. We also discuss the implications of population decline, fiscal responsibility, and the role of the US in global economics. The conversation also delves into the concept of smart fractions in innovation, the effects of cultural transplants on immigration policy, and the challenges facing democracy in the West.
Garett Jones is an economist, a professor at George Mason University, and an author. His research covers areas from macroeconomics, monetary policy, and IQ in relation to productivity, short-term business cycles, and economic development. His most recent book is The Culture Transplant: How Migrants Make the Economies They Move To a Lot Like the Ones They Left.
https://sites.google.com/view/garettjones/
https://x.com/GarettJones
Chapters
00:00 The Importance of National IQ
02:46 Cultural Externalities and Immigration
06:00 Cross-Country Income Disparities
08:45 Population Decline and Economic Implications
12:06 Fiscal Sustainability and Government Spending
14:49 US Hegemony and Global Economics
18:11 Smart Fractions and Innovation
21:10 The Role of Elites in Democracy
23:59 Cultural Transplants and Immigration Policy
27:11 Democracy and Ethnic Diversity
29:57 The Influence of the EU on Eastern Europe
32:46 Leadership and Collaboration
35:56 The Future of Democracy
39:03 Recommended Thinkers and Closing Thoughts
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