*The Complacent Class*

Jason Bayz

I had high hopes for The Complacent Class,(Hereafter, TCC) the recently released book by Tyler Cowen. The book might be seen as the third in a series of books by Cowen beginning with The Great Stagnation, which is about the technological slowdown, and Average is Over, which is about labor markets in an age of “smart machines,” both of which were very good books. The thesis of TCC is hard to summarize, but my attempt, in one long sentence, is this: Cowen makes a distinction between dynamism, moving, making changes, getting out of your comfort zone, and stasis, staying in one location and one profession and one job, staying within your comfort zone, meeting and marrying people like yourself, and claims Americans are less dynamic, or more “complacent,” today. Ultimately, I give TCC three stars out of five. While there are some gems, in other chapters, I thought…

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