As I continue to do Conversations with Tyler, more people ask me about “the Tyler Cowen production function.” Well, here is one piece of it I don’t think I’ve written about or talked about before. I’m going to bring you there in slightly long-winded fashion, long-winded for a blog post that is.
I’ve long been convinced that “matters of culture” are central for understanding economic growth, but I’m also painfully aware these theories tend to lack rigor and even trying to define culture can waste people’s time for hours, with no satisfactory resolution.
So I thought I would tackle this problem sideways. I figured the best way to understand culture was to try to understand or “crack” as many cultural codes as possible. As many styles of art. As many kinds of music. As many complex novels, and complex classic books, and of course as many economic models as well. Religions, and religious books. Anthropological understandings. I also learned two languages in my adult years, German and Spanish (the former better than the latter). A bit later I realized that figuring out how an economic sector works — if only partially — was really not so different from cracking these other cultural codes. For instance, once I spent three days on a boat (as keynote speaker), exclusively with people from a particular segment of the shipping trade. It was like entering a whole new world and every moment of it was fascinating.
Eventually it seemed to me that problems of management were themselves a kind of cultural code, each one different of course.
And travel was the most potent form of this challenge, every new place a new culture to be unraveled and partially understood, and how much time was there to do that anyway?
It is very time-consuming — years-consuming — to invest in this skill of culture code cracking. But I have found it highly useful, most of all for various practical ventures and also for dealing with people, and for trying to understand diverse points of view and also for trying to pass intellectual Turing tests.
I am not recommending this you at any particular margin, or at the margin I have invested in. But if you ask me about the Tyler Cowen production function, every now and then I will tell you.
Addendum: It occurs to me that the number and diversity of cultural codes is increasing much faster than the ability of any individual to track them, much less master them. In this regard, an understanding of matters cultural is always receding from us.