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0:26
Hello, everyone, and welcome back to conversations
0:29
with
0:29
Tyler. Today, I'm here with Glen Loury
0:31
who needs no introduction. Glen? Welcome.
0:34
Thank you, Tyler. Good to be with you.
0:36
Would you like to start with economics or
0:38
with music? Why don't we start with music?
0:40
I'm not sure what you have in mind, but I'm gay.
0:43
Let's try some music questions. Let's
0:45
say that your views, the Glen Loury World
0:48
View, where writ large is a political
0:50
movement. What would the music be for that
0:52
movement? It
0:54
would be Bebop era jazz,
0:57
late fifties, early sixties. It
1:00
would be Charles Mingas. It would be
1:02
Miles Davis. It would be a young
1:04
John Cole Train. It would be a young McCoy
1:07
Tyner. It would be thelonious
1:09
monk. It would be in that space.
1:11
And why is that music the
1:14
correct association with your political
1:16
movement? Oh, actually,
1:18
it's association with my
1:21
life story and upbringing
1:24
and it was like the coolest
1:26
and the hippest and, you know, I was born
1:28
in nineteen forty eight, so I was like
1:30
fourteen years old in nineteen sixty two
1:32
and stuff was happening in my uncles and
1:35
cousins and whatnot, and everybody was listening
1:37
to this stuff. And I would just import
1:39
that into my political mood. There's no politics
1:41
in that music that I'm aware
1:43
of, but should we be looking for politics? In
1:45
music? Well,
1:46
I think it's whether we're looking for politics
1:48
in you. Right?
1:50
Okay. Let's say we take the more narrowly
1:52
Chicago R and B tradition, Curtis May
1:55
field, highlights, Jerry Butler, Major
1:56
Lance, the Dales. Right? Does any of
1:58
that become the music of your movement?
2:01
Yeah. That's in a different register.
2:04
I'm dancing now rather than sitting
2:06
back, nodding my head to the, you know,
2:08
exquisite improvisational runs.
2:10
I'm dancing to that, and I'm dancing with
2:13
a girl, you know. So it's gonna be romantic.
2:15
It's gonna have all of that kind of adolescent
2:18
stuff. But, yeah, I could I could get to Curtis
2:20
Mayfield and shy lights and Well,
2:22
in Motown too, which was right down the down
2:24
the street from
2:25
Chicago, was sort of part of
2:27
the same world.
2:29
Why has stacks faded more than Motown
2:31
with time for listeners? That's
2:34
an economist question, isn't it? I don't know
2:36
the data well enough to answer that.
2:38
But there must be a
2:39
story. But everyone still knows
2:41
Diana Ross, the Supreme's Otis
2:43
Reading is somewhat known, but a lot of the
2:45
stacks sound was maybe too gritty, or
2:48
not polished in the right way. It's not
2:50
played in in music as often, I think.
2:52
That's my impression.
2:53
Yeah. Or a smoky Robinson or
2:56
some of these others. But I don't know.
2:58
I mean, this is beyond my knowledge.
3:00
I I wanted to credit the organizational and
3:03
marketing genius of Loury Gordie at
3:05
Moulton as part of the Loury, but it
3:07
might be that it was too gritty. What about the south of
3:09
Philadelphia since we're going back? I mean,
3:11
there were
3:12
other, you know, R and B
3:14
studio dynamics that were going
3:16
on, and they have it off here as
3:18
well as Moulton has done. I agree
3:21
with that. I'm not sure why. Al still
3:23
turns up in movie soundtracks I
3:25
notice, but a lot of the rest of it may be
3:27
not. Did you ever see Jacky Brown?
3:29
That early Quentin Tarantino film, Jackie
3:31
Brown. Of course. Isn't it a TSOP
3:34
soundtrack? I believe
3:36
so. We'd have to ask GPT. Right?
3:40
GPT or
3:41
Google. Oh, okay. Okay.
3:42
Yeah. These days, it's GPT.
3:44
I'm still in Google, man. I gotta get with it.
3:47
Should we listen to Michael Jackson with
3:49
the same emotions as we did before,
3:52
or is he cancelable?
3:54
I don't know how you Michael Jackson. I
3:56
mean, you probably listen with something
3:58
firing in the back of your brain about warning
4:00
warning, but you still listen.
4:03
The song seem much sadder though. Right?
4:05
Yeah. Yeah. They do. But the pop
4:07
icon, Michael Jackson, it wasn't just the
4:09
lyrics, it wasn't just the tune, it was
4:12
the whole thing. It was the performance.
4:14
It was the dancing. It was the tragic
4:16
arc of this celebrity life. It
4:18
happened that I was in Bogotá, Columbia
4:21
teaching summer school when Jackson
4:23
died. And our host
4:26
took us out to one of these four hour lunch
4:28
stravaganza at restaurant out in the
4:30
countryside that it was beef, beef, beef,
4:33
and more beef, and it just kept coming.
4:36
And all of the wait persons were
4:38
dressed as Michael Jackson impersonators,
4:41
and there were big screens playing Michael
4:43
Jackson videos everywhere you look.
4:45
And this was in Colombia. But,
4:49
you know, such was the force of Michael Jackson's
4:52
celebrity and genius, musical
4:54
genius and personality. I
4:56
don't know. I I don't have problem listening Michael
4:58
Jackson, although you're right, I don't hear it being played
5:00
on the radio.
5:02
At what age would you let your daughter
5:04
listen to Prince's dirty mind album.
5:08
I'm gonna tell you, I don't know what's in Prince's
5:10
dirty mind album.
5:11
Well, this from the title of the album, perhaps
5:14
you have some idea. Right? I'm gonna
5:16
acknowledge, while I do have two
5:18
daughters, they're in their fifties.
5:20
So the time
5:21
Are they old enough?
5:22
Anything to say it. Yeah. I think they're
5:24
old enough. But
5:26
nowadays, can you really control what your daughter's
5:28
listening to? If you tell them,
5:31
I think in some cases, it has an
5:33
impact at times a negative or reverse
5:35
impact. Right? But words matter, Would
5:37
you put it on in front of them? Would be another
5:39
way to answer the
5:40
question. If you don't want them to listen to
5:42
Prince, that they have to listen to Prince,
5:44
that it's a mandatory right of passage
5:46
to listen to
5:47
Prince, that might get them to not listen.
5:49
Do you ever enjoy Bluegrass music?
5:53
Like, what's the wettest stuff you listen
5:55
to a
5:55
lot? And really like. You know, I don't
5:57
listen to as much music as I used to.
6:00
I'm partial to to jazz.
6:02
I'm blues. I work out Monday, Wednesday,
6:04
Friday with trainer who
6:06
has a small studio with a good
6:09
sound system. We listen to hip hop.
6:11
We listen to blues. We listen to a lot of blues.
6:13
Bluegrass. Now I love
6:16
a brilliant banjo solo
6:18
as much as the next guy. I mean, I I can
6:20
really get with it when it comes up in the soundtrack
6:22
of a movie that I'm watching or whatever.
6:24
But I wouldn't have gone out of my way
6:26
to find it. It's just something that comes across
6:28
my screen. So I'm I'm not very knowledgeable
6:31
at all about Bluegrass or about
6:33
the
6:33
country. For that matter. Do
6:35
you like the movie deliverance speaking of
6:37
Banjo Salos? It's been
6:39
a long time since I've seen it again, but,
6:41
you know, yeah, it was disquieting at
6:44
a very deep level.
6:46
I'd like to go back and revisit your early
6:48
career in theoretical economics, see
6:50
what some of your current thoughts are on those
6:52
pieces, are you game?
6:54
Okay. Yeah. I'm game. Do
6:57
markets exhaust natural resources
6:59
in the ground? Too rapidly or
7:01
too slowly under competitive
7:03
conditions. What's your current view? Well,
7:06
in that you haven't internalized the environmental
7:08
sternality, I'd say probably if
7:10
I had to answer that question too rapidly or
7:12
too
7:13
slowly, too rapidly. Because
7:15
there'll be too much of the environmental externality
7:17
now, whereas you should spread it out over
7:19
time. Is that the implicit belief?
7:22
Well, no. Just my thought process was
7:25
that the initial price level would be higher.
7:27
The theory tells us that the price is supposed
7:30
to rise at the rate of interest or something
7:32
like that because the supplier can substitute
7:34
supply today versus supplied tomorrow.
7:36
So he has to anticipate a return in price
7:38
terms that's comparable to what he did if
7:40
he sold it all today. So I don't
7:42
know that anything about the environment
7:45
influences the rate of increase
7:47
of prices and the pure theory of
7:49
pricing of natural
7:50
Loury. But the level is too low.
7:53
So should we be happy when a lot of those
7:55
resources perhaps are held by
7:57
monopolies? Because the monopolist will
7:59
restrain
7:59
output. Right? And that brings us closer
8:02
to an optimal or not. Yeah.
8:04
Well, I think that's worth exploring.
8:06
The quantitative magnitudes probably matter.
8:09
Maybe the monopolists monopoly is
8:11
so strong that he overshoots in terms
8:13
of internalizing the kind of Peruvian,
8:16
you know, tax that you wanna slap on to
8:18
the market price in a competitive environment.
8:20
So it might be the monopolist. It's too much of a
8:22
a monopolist, but at least it's worth
8:24
I think thinking about. Better than relying
8:27
on monopoly would be having a government
8:29
that could estimate what the right,
8:31
you know, non priced external
8:33
cost of the use of the fuel
8:35
is and then slap that tax
8:37
on, but that's a political impossibility. Sure.
8:40
And governments very often subsidize
8:42
say fossil fuels more than they tax them.
8:44
Now here's a nineteen, I think seventy nine
8:46
release from Glenn Loury. Are larger small
8:49
firms better at innovation? What do you think these
8:51
days?
8:52
I think that that was a nice little paper,
8:54
the GJE circuit nineteen seventy
8:56
nine. I was proud of it. I took this
8:58
problem that guys like Mike Scheurer,
9:00
the distinguished IO guy at that time
9:03
or more came in or other people had been
9:05
worried about its market structure and
9:08
innovation. What's the relationship between
9:10
the two. And I had a nice,
9:12
you know, little stick figure
9:14
model where I could analyze that issue.
9:17
But I never got beyond an industry
9:19
with identical firms and they were either
9:21
in of them or in plus one of them.
9:23
And that was my parameterization
9:27
of competition, more firms, more competition.
9:29
I didn't get it at all into real
9:32
industrial organization, which would have
9:34
to do with, you know, oligopoly and,
9:37
you know, a size distribution of firms
9:39
in the industry and so on. And
9:41
I'm trying to remember Well, what
9:43
I had to say about the relationship
9:45
between number of firms and rate of
9:47
innovation, I think. The rate of innovation is
9:49
increasing in the number of firms but
9:51
think that's what I found. But it's
9:53
a long time ago, time. When
9:56
you were researching newspapers and
9:58
writing them, what did you see then?
10:01
As your career trajectory. What did you
10:03
think what the seventy two year old Glen Loury
10:05
would be?
10:07
I thought This is, by the way, before
10:09
Glenn Loury becomes at all political. I
10:11
was just an applied theorist. I was a student
10:13
of Bob Solo, Peter Diamond, MIT,
10:16
and nineteen seventies. I thought
10:18
I was just gonna write papers more
10:20
or less like that. For the rest of my
10:22
academic life, I thought, you know, getting into
10:24
a top five journal and getting
10:26
elected a fellow of the econometric society
10:29
and getting grants from the National Science
10:32
Foundation was the be all and end all of
10:34
my professional life. I was at Northwestern
10:36
in my first job in the late seventies,
10:39
and I get this. The year that I
10:41
was hired, Roger Meyers, who
10:43
was also hired in the theory
10:45
group at Northwestern. The next year,
10:47
Bank Tomstrom showed up
10:50
The following year, Paul Milgram showed
10:52
up. Leonette Herwitz was always
10:54
around because he and Stan Ryder were very
10:56
close buddies that Leon was up at Minnesota,
10:59
but he was always around at conferences and
11:01
seminars and stuff like that. I was
11:03
right there at the birth of mechanism
11:06
design and information
11:08
economic and the revolution and
11:11
theory of auctions and bargaining and
11:13
stuff like that that was going on in
11:15
my midst. And I didn't appreciate
11:17
fully at the time the
11:20
extraordinary and, you know,
11:22
revolutionary character of the developments
11:24
in economic theory did. I was in the midst of. I was
11:26
still, you know, using my differential calculus
11:29
and, you know, just trying to write down these little
11:31
silly models, and I didn't have deep
11:33
questions. That's that's what I'm trying to get to.
11:35
There's several Nobel laureates in your list
11:37
of names as you know.
11:39
Yeah. That's what I'm saying. Now
11:41
when you meet promising young economists today
11:44
in graduate school, is your first
11:46
thought, oh, let the person stay on that
11:48
path and be the next Roger Myers,
11:50
or do you a bit wanna shake them? And
11:52
say, I want more of you to go the Glen
11:54
Loury Way and be public intellectuals
11:56
or some of the other things you've
11:58
done. What's your gut reaction to that?
12:00
No. I don't do that. I want them
12:02
to get jobs. I want them to have a
12:04
successful launch. I wanna get
12:07
them focused on question in writing.
12:09
Now, I must say, I'm not advising very many
12:11
graduate students these days in heaven for some
12:13
years now, but I wanna get them focused
12:15
on producing a dissertation that's marketable.
12:17
So I want them to ask a good question. And
12:20
I want them to use rigorous methods appropriate
12:22
to the, you know, high standards that
12:24
we have. But these days, my kind of
12:26
applied theory life that I took
12:28
up more or less successfully in the decade
12:31
after I left graduate school is Pasei.
12:33
Everybody is calibrating and estimating
12:36
and they're looking for a natural experiment
12:38
or a quasi natural experiment or
12:40
whatever it is, and they're doing
12:42
the kind of empirical work that you can do
12:44
now with the computing power that we have and the data
12:47
availability and whatnot, the profession is completely
12:49
different. So I I wouldn't advise a young graduate
12:51
student to follow in the path of writing papers
12:54
like the papers that I wrote because a, they're
12:56
not gonna get in the AER and
12:58
b, you know, you wanna get a job. I mean,
13:00
you know, you wanna be able to sell yourself.
13:03
But III confessed to being a little bit
13:05
alienated from the profession these last
13:07
years, especially as my public intellectual
13:09
profile has risen. I don't spend that much
13:11
time worrying about what to tell graduate students.
13:13
I don't teach graduate students. I used to
13:15
teach microeconomic theory to
13:17
our first year PhD students But
13:20
two years ago, I stepped aside from that.
13:22
We have, like, eight theorists in our department
13:24
and the younger professors weren't able
13:26
to get at the graduate students in the first year.
13:29
They're eight of us, and there's
13:31
only those two courses. So I thought
13:33
I it was time for me to make room for some other
13:35
people. To teach theory to our
13:37
graduate students. So I'm I'm not doing
13:39
very much interacting with graduate students
13:41
these
13:42
days.
13:42
What's your favorite Thomas shelling story?
13:45
Okay. This
13:47
is a story about me as much as it is about
13:49
time shelling the year is nineteen
13:52
eighty four. I've been at Harvard for two
13:54
years. I'm a need a professor of economics and
13:56
of afro American studies, and I'm having
13:58
a crisis of confidence thicken. I'm never gonna
14:01
write another paper worth reading again. Tom
14:03
is a friend. He helped to recruit me
14:05
because he was on the committee that Henry
14:07
Ryssovsky, the famous and
14:09
powerful dean of the College of the Factory
14:12
of Arts and Sciences and Harvard, who hired me
14:14
The committee that Ryssovsky put together to
14:16
try to find someone who could feel the position
14:18
that I was hired into. Professor of Economics,
14:21
and of afro American studies. They said
14:23
afro American in those years. So
14:25
Tom was my connection. He's
14:27
the guy who called me up when I was sitting
14:29
at Michigan in Ann Arbor in
14:31
early eighty two and said, you know, do you think
14:34
you might be interested in a job out here? So
14:36
he had helped to recruit me. So I had this crisis
14:38
confidence. Am I ever gonna write another paper? Am I ever gonna
14:40
write another paper? So I'm saying this to Tom, and
14:42
he's sitting, sober, listening, nodding.
14:45
And somebody starts laughing. And he
14:47
can't stop and the laughing becomes uncontrollable.
14:50
And I am completely foremost
14:52
by this. What the hell is he laughing
14:55
at? What's so funny? I just told him something
14:57
I wouldn't even tell my wife, which is was
14:59
afraid I was failure that was an impostor
15:01
syndrome situation that I could never measure
15:03
up. Everybody in the faculty meeting
15:05
at Harvard's Economics Department in nineteen
15:07
eighty two was famous. Everybody you know,
15:10
and I was six years out of graduate school,
15:12
and I didn't know if I could fit in. He's laughing.
15:14
And I I couldn't get in after Wiley, David
15:16
gains his composure. And he says,
15:18
You think you're the only one? This
15:21
place is full of neurotics hiding
15:23
behind their secretaries and their ten
15:25
foot oak doors Fearing the
15:27
dreaded question, what have you done for
15:29
me lately? Why don't you just put
15:31
your head down and do your work? Believe
15:33
me. Everything will be okay. That was time, Shelly.
15:36
He was great. I still miss him. I
15:38
have a few questions about America for
15:40
you. Where is the best place to raise a
15:42
family in the United States today?
15:45
Oh, gosh. It's gonna sound like a
15:47
cliche. I'm gonna say something like a
15:49
a small town in Ohio or
15:52
a Missouri or someplace like that.
15:54
Where there's a Presbyterian Church
15:56
or a Lutheran Church on the corner
15:58
where it's suffocating in the sense that
16:00
everybody knows everybody else's business,
16:02
but, you know, schools are halfway decent. You
16:04
can let your kids play until the
16:06
sun goes down without worrying about their well-being,
16:09
and you can leave your back door unlocked if you
16:11
dare. But That's corny. Doesn't
16:13
that sound corny to
16:14
you? Yeah.
16:15
But corny is good. What about Providence Rhode
16:17
Island? Right? That's that's where brown is.
16:19
What do you think? You know, I was past the
16:21
kid bearing age by the time I got here
16:23
in two thousand and five, but I
16:25
see my younger colleagues and if you
16:27
can get past the problem that the public
16:30
schools are challenged. And,
16:32
you know, you you have to work really really
16:34
hard to find a school
16:36
and a program and a community that
16:38
you could be confident in your kids too. And so
16:40
a lot of my colleagues send their
16:42
children to private schools and it, you know, it's
16:44
costing them fifty thousand a year per kid
16:46
or whatever it costs which ain't nothing.
16:49
If you can get past that problem, Providence
16:51
is not so bad. I live on the east side
16:53
of Providence and Brown University sits
16:55
up on a hill go down the hill across
16:57
the river into the flatlands, and that's
17:00
where the quote unquote real city
17:02
of Providence is. And it's or it can class
17:04
town. It's doing better than it had been doing
17:06
thirty years ago. I think it's, you know, the
17:08
the restaurants are good. The economic
17:10
climate here seems to be healthy. There
17:13
are challenges up here on the east side,
17:15
it's a bedroom community of middle,
17:17
upper middle class, mostly single
17:19
family housing on decent
17:21
sized lots. It's quiet. There's crime in
17:24
Providence. There's not so much crime on the east
17:26
side, so it's not a bad place.
17:28
And I like the smaller town,
17:30
Providence is maybe two hundred thousand
17:32
relative to I lived in Boston for many
17:34
years. I was born in Chicago. There are
17:36
no traffic jams to speak of around
17:38
here in Providence when I wanted to
17:40
vote and had to go to city hall in order
17:43
to cast my ballot, I could park my
17:45
vehicle across the street from
17:47
city hall and walk in cast my
17:49
ballot, walk back out again, things like
17:51
that. I like myself personally, the
17:53
smallest scale of this town that
17:55
I'm living in.
17:56
Why do undergraduates today seem
17:59
to have worse mental health issues than
18:01
they did say twenty years
18:02
ago? You're
18:03
asking the wrong guy, but I'll I'll then
18:05
You teach them. Right?
18:07
I do teach them and they're under enormous stress.
18:09
You must have noticed that. But from
18:11
what? Right? Levels of wealth are higher
18:14
If they're going to brown, their future, while
18:16
not
18:16
assured, is certainly not looking bad,
18:18
what's really going on here? I
18:20
again confess ignorance, but I will nevertheless
18:22
plunge a hit. They all wanna, you
18:24
know, get the brass ring. I agree with
18:27
you that the prospects for there are Loury, all
18:29
things considered, but not everybody is gonna
18:31
get into Stanford law school or Yale Law
18:33
School or the Chicago business school
18:35
or get hired as a a young
18:37
associate at one of the investment banks
18:39
or something. They're they're fiercely competitive.
18:42
The great grubbing is mind boggling.
18:44
They seem to be driven
18:46
by this idea that each and every one of
18:48
them has to be in top ten percent when only ten
18:51
percent of them are going to
18:52
be. So that's part of it. But you you're
18:54
asking the wrong guy. You need a culture critic
18:56
to respond. You are a culture critic Glen.
18:58
And you've thought these people for so long.
19:00
Now is it different for black students
19:03
at top schools such as
19:04
brown, similar set of mental health
19:07
problems or quite a different situation. What
19:09
do you think? I think it's a different situation.
19:11
I won't qualify my quantity further
19:13
by saying, I don't know what I'm talking about. Let's just
19:15
stipulate that I don't know what I'm talking about, but I'm gonna
19:17
talk anyway. I think they
19:20
are for the black students, the
19:22
kinds of pressures that I mentioned, which
19:24
might be moderately ameliorated
19:28
by the fact that affirmative
19:30
action both in postgraduate
19:33
admissions programs and in employment
19:36
gives them a leg up, a black kid with a
19:38
decent portfolio coming out of brown
19:41
probably is in a relatively
19:43
advantaged competitive position for
19:45
the next step. But they are
19:48
black kids and they're in depending
19:50
on the background, now they may feel exactly
19:52
perfectly comfortable in an elite
19:55
environment if they come from the
19:57
increasingly large number of prosperous
19:59
black families who sending their children off to
20:01
places like brown, but I've known many
20:03
kids of color as they say who didn't
20:05
have those advantages and nevertheless find themselves
20:07
because they're CrackerJack smart
20:09
and they got discovered here
20:12
or there and channeled into the
20:14
funneling mechanism that leads to them getting
20:16
admitted to brown who didn't feel like comfortable
20:19
socially in this environment, which
20:21
is pretty high pressured in
20:23
in a pretty elite, self consciously elite,
20:25
almost smugly so. But, you know,
20:27
I'm in my seventies and the kids
20:29
don't come and cry on my shoulder. I don't
20:31
know what's keeping them up at night.
20:33
Moving somewhat away from the elite fentanyl
20:36
as the driver of a high death rate in the
20:38
United States. How's that one going to
20:40
end? Do we just cycle through where all
20:42
the people who can get addicted, become addicted,
20:44
and a lot of them die, and then it burns out
20:46
after a generation. Is there something we
20:48
can do? Will it continue to spread to
20:51
blacks and not just say whites in the
20:52
Midwest? What's the equilibrium? That's
20:55
a good question. It could be very bad.
20:57
It could be that we're not at the beginning
20:59
of the end that we're just kinda at the
21:01
end of the beginning with it. I hadn't even thought
21:04
about the social contagion
21:06
aspects of the question. was thinking mostly
21:08
about enforcement issues. Can you keep it from
21:10
coming across the border treatment issues?
21:12
What do you do with people who are susceptible
21:15
to the addiction and who are find themselves
21:17
in trouble. There's some accountability for
21:19
the opioid epidemic problem
21:22
with pharmaceutical companies
21:24
and so on. That's the kind of thing that I was thinking
21:26
about. But breaking through
21:28
to other elements of the population, and
21:30
you're right, it's not yet as far as
21:32
I know, anything like the crack epidemic
21:35
of the eighties and early nineties was
21:38
for Urban Black America, but
21:41
heroin is not an unknown drug
21:44
of choice in those precincts, and I I gathered
21:46
very highly
21:46
substitutable. So again, I'm gonna confess
21:49
ignorance, but I'm Loury. You've got me
21:51
worried now. In your life, when you
21:53
stopped taking drugs, did you feel
21:55
you had lost anything positive, or was it
21:57
just pure gain? Like, that was just a terrible
21:59
thing. And once I could stop, I was just
22:01
flat out better off. Or is there some kind
22:04
of fun that you actually
22:05
lose? You know, that's a good question.
22:08
I'm actually at the end stages
22:10
now finalizing my draft of my memoir
22:12
manuscript that I'll be submitting to the publisher
22:14
in few weeks, literally. Is actually
22:16
gonna happen. Anybody who's followed me
22:18
knows I've been talking about writing a memoir for
22:20
almost a decade and, you know, people were
22:22
saying, where's the book? Where's the book? Where's the book? Well, the book's gonna happen?
22:25
And in it, I tell the story being
22:27
addicted and free basing cocaine,
22:29
crack cocaine in the late eighties. And
22:32
I went into treatment, and I went to a halfway
22:34
house, and I went and I fought alcoholics
22:36
anonymous, narcotics anonymous, the support
22:38
of my lovely wife, the late economist,
22:41
Linda Loury. Thank god for her,
22:43
for the Church that community that took
22:45
me in and so on and I kicked it. But
22:48
I thought I was missing something. I thought
22:50
that there was a kind of fun.
22:52
You call it a a kind of excitement, a
22:55
a kind of sensation of,
22:57
know, euphoria. And so
22:59
having gone two years sober, I
23:02
took myself back to one of my
23:04
places where I would comp. I bought a little
23:06
cocaine. I prepared it and
23:08
I smoked it. And the feelings of euphoria
23:11
came back just as I had remembered them,
23:13
but also with them came a
23:15
sense of shame. I mean, there was
23:17
no doubt that I was experiencing a
23:20
titillation, a euphoric sensation
23:23
that was quote unquote happiness
23:25
there. But
23:26
having gone through as it were
23:28
the valley of the shadow of death
23:30
and having emerged from it to the
23:33
arms of a loving wife who stuck with me
23:35
and a young family that was coming along my
23:37
son's Glen and Niamaya,
23:40
who were in their thirties now, having done all of
23:42
that, I asked myself, is this
23:44
what you were willing to risk everything for?
23:47
And I realized that there was no doubt about the
23:49
euphoria. The euphoria was certainly there.
23:51
But my obsessive pursuit of it which
23:54
had nearly destroyed me was a way
23:56
of living that was just undignified and
23:58
contemptuous. And so I I
24:00
put the pipe down after a couple of hits, packaged
24:03
everything up, threw it in the trash, and never
24:05
touch cocaine again. So I was wondering
24:07
about your question about what was I
24:10
missing, and I decided having
24:12
done this thing, this unforgivable thing
24:14
from the alcoholics anonymous of
24:16
you, it was unforgivable what I did, but I just
24:18
had to find out. Now, this
24:20
process of writing your memoir, obviously,
24:23
you had already lived those years. But
24:25
to write them
24:25
up, put them together, edit them, rewrite.
24:27
What's the main thing you learned about yourself? Okay.
24:32
So one of the motifs in the book
24:34
is to distinguish between the cover story
24:37
and the real story because there's so
24:39
many junches in my life where
24:41
living my life and thinking back on
24:43
it unreflectively, just thinking back
24:46
on it, I embrace the cover Loury. Oh,
24:48
I did that. Because it's always self
24:50
franchising. It's always not as
24:52
craving, not as kallo, not
24:54
as vicious, not as obsessively
24:57
monomaniacally narcissistic
25:00
as it actually was. I never remember it the
25:02
way it actually was. So what
25:04
I've done in producing
25:06
this book and reliving these critical
25:09
junctions. You know, for example, I really did lose
25:11
my nerve when I got to Harvard in the early nineteen
25:13
eighties. I didn't do what Tom shelling advised
25:16
me to do with just put my head down and write
25:18
my little papers about natural resources or
25:20
imperfect competition or imperfect
25:23
information or whatever. I didn't do that.
25:25
I jumped ship. I left economic
25:27
theory behind entirely and I became a Reagan
25:30
conservative political pundit black
25:32
guy. I was pretty good at it, and
25:34
I would say in retrospect, I was
25:36
more often right than wrong in some of the political
25:38
positions that I took. This will come as
25:40
a upsetting remark to some people
25:42
who who know and love me. But I I think conservatives
25:45
have the better of those arguments than those years.
25:47
But be that as it may. The real
25:50
reason. I'm just giving an example. You asked
25:52
me, what if I learned about myself? And I've learned
25:54
that my capacity for self delusion
25:57
is almost unbounded, and
25:59
it's a very dangerous thing. Because
26:01
I had persuaded myself that
26:03
economics department was coal at
26:05
Harvard in the early eighties and and, you know,
26:07
didn't have anybody except for Tom.
26:09
I persuaded myself that Harvest,
26:12
saddled me with these dual responsibilities
26:14
in afro American studies and in economics,
26:16
you're gonna be a humanist, and you're gonna
26:18
be theoretical social scientist at the same
26:21
time. It's almost impossible for anybody to do.
26:23
Let alone a thirty four year old guy
26:25
who's, you know, barely got his legs under him.
26:27
I persuaded myself of everything
26:29
other than the real story. And
26:31
the real story was that I choked.
26:33
I blinked. I lost my nerve. I
26:35
was afraid of failure. I found something
26:38
else that I could do that would generate
26:40
a claim. I went from the economics department
26:42
to the Kennedy School. They were very happy to have me at the
26:44
Kennedy School of Governors. A wonderful
26:46
place. It's just not a place if you're a serious economic
26:49
theorist that you would want to spend most of your time.
26:51
And it was just too easy
26:53
for me to do Now, I could blame
26:56
affirmative action. I could blame the larger
26:58
political environment and whatnot, but I know
27:00
within myself, I was afraid
27:03
a failing. Every time I opened up econometric
27:05
and I saw another paper from Roger Myers
27:07
and Paul Milgram, I was asking
27:09
myself, would I ever write a paper like that?
27:11
And I had it out. Here, if I go over to
27:13
the community school and become a pundit, no one's
27:15
ever gonna ask me to write a paper like that.
27:18
I learned that about myself through
27:20
forcing myself to be honest
27:22
in retrospect about what was really going
27:25
on with
27:25
me. And there are many other stories like that. I won't
27:27
try to recount them all because I I want to say
27:29
something for the book. I have a few questions
27:32
about race for you. Do you have any interest in that
27:34
topic? Let's
27:36
take the part of the white right wing
27:39
that really likes you. And I know there's different
27:41
phases in your thought, but overall, they really
27:43
like you. What's the main point or insight?
27:45
They are missing when it comes to race that you
27:47
would like them to
27:49
know, but they don't. Thanks for asking
27:51
that question. I think I have an answer. Those
27:53
people who are languishing in the
27:55
Ghettos housing projects, the
27:57
lockups, the emergency rooms, so
27:59
the hospital wards, the ones who are doing the
28:01
car jacking, the ones who are doing the
28:03
crazy that you see when you turn on your
28:05
television and you look at what's going on in Chicago
28:08
or Baltimore or Saint Louis or
28:10
Philadelphia. Those people are
28:12
us. There are people. Those
28:14
are Americans. They are
28:16
us. That's us. It's not
28:18
them. That's what I'd like them to understand that. I
28:21
don't think that they are my right wing, you
28:23
know, acolytes. I don't think many
28:25
of them get that. I think they think this is
28:27
an alien imposition upon it otherwise.
28:30
More or less pristine euro
28:33
American canvas. They they think there's
28:35
whole pockets of America that
28:38
they need to protect themselves from in
28:40
True enough, they do. Sometimes,
28:42
need to protect themselves. But
28:45
those are our people over
28:46
there. That's our failure. This is an American
28:48
story. Not a black American
28:51
story. And why doesn't that lesson
28:53
get through? Is it that it's not articulated well
28:55
enough? The people are close minded, racism,
28:58
or what? What's your account of why
29:00
that remains insufficiently known?
29:03
Maybe human nature, maybe it's very easy
29:05
us and them. I mean, I could, by
29:07
the way, flip the script on that and say
29:09
to the radical black activists who
29:11
are rather demanding Black
29:13
Lives Matter Justice that the
29:16
working class, you know, struggling,
29:18
white truck driver, you know, gas
29:21
station attendant guidance working or
29:23
woman that's working, who's attracted
29:25
to the populist rhetoric and who might wanna
29:27
vote for Trump. But those are people too. They're
29:29
people not so differently from ourselves that they
29:31
have a Loury. Everybody has a
29:33
story that a little bit of generosity would go
29:35
long way. I could say that to a black activist and
29:38
they would have a hard time hearing it. It may be
29:40
that empathy and a
29:42
a kind of suspension of disbelief, a kind
29:44
of interrogation of your gut visceral
29:47
instinct to react with at
29:49
homonym and react with a categorical dismissal
29:52
and with a stereotype. It may
29:54
be that the ability to resist that
29:56
impulse is difficult for anybody to come by.
29:58
I would also say that I speculate here
30:00
a little bit, but you're not gonna let me stop speculating.
30:03
That the political interest of various actors
30:05
who have to marshal majorities
30:08
at the electorate and who have to develop
30:10
narratives that get the juices flowing
30:12
in one way or another for their supporters militates
30:15
against that kind of more
30:17
moderate and self effacing
30:20
and humble posture I'm
30:22
not the Christian that I used to be when
30:24
I was coming out of drug addiction, I was
30:27
much more observant and fervent,
30:29
but it seems to me that in the teachings,
30:32
that I can recall from my encounters
30:34
with Christianity about humility about
30:37
walking, thinking, doing, and acting
30:39
as Christ would do as
30:41
he would have us
30:42
do, that there's just a lot there.
30:44
And I think that it's a lot easier
30:46
to talk to talk than it is to walk to walk
30:48
on that. Which aspects of
30:50
the US black experience do you wish
30:53
that you knew more
30:54
about? By the way, let me just comment.
30:56
I like your technique. I
30:58
like your your podcast interview technique.
31:00
I I may well emulate it.
31:01
Okay. All I need is a list of twenty questions that
31:03
we could talk about forever. So
31:05
I have this ongoing conversation with my
31:08
friend John McWarner at the Glen Show,
31:10
where we talk about Omar. Omar
31:12
is a type. He's just you
31:14
know, stand in representation of
31:17
dysfunctional, probably
31:19
on the wrong side of the line in terms of law
31:22
enforcement bragging about having
31:24
babies buy three different women, can't
31:26
keep a job, dropped out of school, etcetera,
31:29
problematic kid in the ghetto. And
31:31
John says Omar makes me sad,
31:34
and Omar makes you mad. He he says this
31:36
to me. This is one of our things. How do
31:38
we react to the fact of this dysfunction
31:41
that is so prevalent in
31:43
low income black communities that creates
31:45
such problems for others who
31:48
share those communities with them and for
31:50
society more broadly, that
31:52
redowns to the discredit of
31:54
African American society, you can't
31:56
be proud of a quote, thug close
31:58
quote, can you reaction to this
32:01
dysfunction. He makes me mad.
32:03
I don't understand him. I don't understand
32:06
how you take a pistol,
32:09
fire it off the window of a vehicle in a residential
32:11
area where you know people are sitting on front porches
32:13
and you have no idea where that bullet is gonna
32:15
land, and then crow about it. I don't
32:17
understand. I don't know what those frustrations
32:20
are. I
32:21
don't know the story. don't know all my
32:23
Loury, not really. I I know stereotypes
32:25
about the story, cartoon representations
32:28
of the Loury. Is he angry?
32:31
Is he disconstantly? Does he have
32:33
hope? What does he believe in?
32:35
And I'm saying he and I'm saying Omar, but
32:37
of course, it doesn't just apply to the guys.
32:40
I don't really know what's going on. And when
32:42
I meet people, social workers cops,
32:44
nurses, religious people who
32:46
are working on the ground in these communities. They're
32:49
trying to tell me a little bit about what life
32:51
is like and so on and I wish I
32:53
knew more about it. I wish I could have more
32:56
factually grounded empathy
32:58
for the people who I am
33:00
so quick to castigate for creating
33:03
the problems. But whose genuine life
33:05
stories I don't know so much about.
33:07
And I wish that the creative
33:10
arts and and the journalistic practice
33:12
would get grittier. Wouldn't be so much
33:14
in the service of a quote unquote progressive
33:17
political program, but just tell me what's
33:19
going on. I want to go inside
33:21
those housing projects and find out what
33:23
people are actually saying to each other and doing to
33:25
each other and how they feel about it.
33:27
And I don't trust the sabotage that
33:30
I get because it's all too ten
33:32
ditches and in the service of
33:34
making sure that Donald Trump doesn't get any more
33:36
votes than he might otherwise get or that
33:38
the black lives matter comes out smelling like
33:40
roses. I wanna know the real story.
33:43
If I flatter myself with this, forgive me.
33:45
Think would allow me to be less mad
33:47
and more sad when I encounter
33:50
the mischief that Omar is creating
33:52
throughout the country.
33:54
Now we've had John McWarner on this
33:56
show and I know you and he have had many
33:58
many dialogues. If you were to boil
34:00
down the differences between you and him and
34:02
your views to the smallest most
34:04
abstract number of dimensions
34:06
possible. To what would you attribute those differences?
34:08
Like, what's the key difference and where does it
34:10
come from? He cares
34:13
what his colleagues at The New York Times think
34:15
about him. And I stopped giving a damn
34:17
about that a long time
34:18
ago. And
34:19
before he wrote for the times, that's pretty recent.
34:22
Right? Yeah. The times are just the
34:24
last year or two. But I mean, he lives
34:26
there in New York. He goes to cocktail parties
34:28
and stuff. I mean, I'll give an example. I
34:30
don't think I betray his confidence in saying
34:32
this. I cannot get John to discuss
34:34
the transgender debate in our
34:36
conversation. I'm not asking him to agree
34:39
or disagree with anything. I just wanna take up the
34:41
question. He refuses to do so.
34:43
God love him. And he says it's a
34:45
complete losing bet. I mean,
34:47
you know, all that is gonna happen is if I
34:49
say when actually take a ton of
34:50
bricks, it's gonna follow me, and so I won't talk about
34:53
it.
34:53
On race, who is your strongest critic?
34:55
On race? The best critic of you.
34:58
You gotta think I'm dodging your question. My
35:01
wife Luan Loury.
35:04
It's not a dodge at all. It's probably an
35:06
excellent answer, not that I know her, but it
35:08
makes sense to me. I think it's
35:10
correct, frankly. Every
35:14
time I go into one of my rant at the
35:16
Glen Show and I start you know, complaining
35:18
about whatever. Affirmative action or
35:20
to defund the police movement or
35:23
critical race theory or
35:26
whatever. She'll say something like
35:28
the real structural issues
35:30
here have to do with economics.
35:33
They have to do with a decent social
35:35
provision. They have to do with corporations getting
35:38
away without paying any taxes. They have to do
35:40
with inequality. They have to do with the defects
35:42
of capitalism to which you are seemingly
35:45
indifferent or unwilling to acknowledge.
35:48
And all of this culture war stuff that
35:50
you engage in, this is my wife talking to
35:52
me about complaining about critical race
35:54
theory or whatever, is just
35:57
a dodge. It's a smoke
35:59
screen from confronting the
36:01
underlying power dynamics that
36:03
generate and sustain inequality and
36:05
privilege and disadvantage and whatnot in
36:07
the society. And that's what I want you to
36:09
talk about. I want you to talk about why
36:11
people can't pay the rent.
36:13
About why the wage is so low,
36:16
about why they can't get decent health
36:18
care and about why the fat cats
36:20
get away on Wall Street and everywhere else
36:23
Practically, they get away with murder, you
36:25
know, and no one ever holds into account. You're any
36:27
economist? Why aren't you developing and
36:30
expositing critical theories
36:32
that address yourself to the real foundation
36:35
of disparities of power, influence,
36:37
and success in our society instead
36:39
of shooting fish in a barrel. I paraphrase,
36:42
but this is pretty much her argument. She doesn't really
36:44
disagree with me about a lot of
36:46
this
36:46
stuff. It's just that she thinks it's the wrong
36:48
target.
36:49
But is she right? That's
36:51
the last chapter of the memoir. In
36:53
your own evolution of your views
36:55
on religion, am I correct in thinking
36:57
you've moved from a Christian evangelical
36:59
to some kind of
37:00
agnostic? Or how would you describe it?
37:02
Yeah. I think that's probably accurate.
37:05
How did that change your views on abortion,
37:07
that evolution? Not at all, frankly.
37:09
I was always one of these people who thought
37:12
that the fetus, before it's viable
37:14
outside the womb, that's one thing
37:17
and people might decide to terminate the
37:19
pregnancy. I could have a private conversation with
37:21
someone about that, but that the law shouldn't intervene.
37:23
But that late term, that's a
37:25
human being, and you
37:27
can't just dispose of it for your
37:29
convenience. I've always thought that. I thought
37:31
that even before I was a Christian.
37:34
So which of your views did change the most
37:37
due to the evolution of your religious
37:39
opinions? I'd say, this
37:41
is off the top of my head here. My
37:44
willingness to hold
37:47
myself to account and accept
37:49
responsibility for the
37:51
way in which I was conducting my life. I don't
37:53
know if you remember the bonfire of
37:55
the vanities. Of course. bonfire of the vanities.
37:57
That was Tom Wolf, comic novels
38:00
from the mid nineteen eighties and he had in
38:02
there. I can't remember the protagonist's name,
38:04
but a bond trader guy who had made
38:06
a lot of money and gotten self
38:08
caught up in a series of
38:10
unbelievable fiascos that ended up ruining
38:13
him. And the bond trader guy was a master
38:15
of the universe, and I always thought of myself as
38:17
a mass of the universe, notwithstanding my
38:19
crisis of confidence when I moved to
38:21
Harvard or whatnot. I I was a high flyer.
38:24
I had shaken hands with the president of the United
38:26
States. I had spoken on five continents.
38:28
You know, I was making money and and I was
38:31
famous. And the world was my oyster, and
38:33
I was accountable to no one. Not
38:35
to the loving woman who was
38:37
by my side, whom I did not respect
38:40
from the way in which I conducted our marriage for
38:42
years, Not to the people
38:44
from whence I had come off
38:46
of the south side of Chicago who were looking
38:49
to me for a certain kind of leadership that I
38:51
was not interested in providing. I
38:53
had no real connections
38:56
with community. I mean, I had these
38:58
folk communities that I would flip around
39:00
with but I didn't have real deep
39:02
personal relationships that
39:04
went across class lines or racial
39:06
lines for that matter. I was a performer I
39:09
was self absorbed. I was a narcissist.
39:12
And I didn't take
39:14
responsibility for that, and it ended up getting
39:16
me into the called a sec
39:18
into which I ultimately
39:20
wandered. Then you become religious but
39:22
moving from religious to agnostic. How
39:24
does that then change your
39:26
views? You go back to being a narcissist. I'm sorry.
39:28
Maybe I misunderstood the question. No.
39:30
And agnostic is not atheist.
39:33
Right? And it's a saying that there's kind
39:35
of mystery there and there's a kind of ah, you
39:37
have a suspension of disbelief, which I
39:39
certainly indulge when I became
39:41
religious and there's a kind of suspension of
39:44
belief What am I asked to believe
39:46
as a Christian? I'm asked to believe literally
39:48
that a man born of a woman was
39:51
divine and that on the occasion
39:53
of his death, he was raced
39:55
from the dead and he lives on to this day.
39:57
I can't believe that.
40:00
I don't know that I ever actually believed
40:02
it. But there's a mystery here,
40:05
and I don't know. And I
40:07
think the quest for belief is noble.
40:10
I think the arrogance of
40:12
a kind of presumption of omniscience on
40:14
my part. Well, you know, I know that that's
40:16
just a lot of bunk. Offends me.
40:18
So An old different in mind
40:20
was the great sociologist Peter Berger,
40:23
now dead, but for many years a great
40:25
man who wrote many books about
40:27
many things. Including about the sociology
40:30
of religion. And he was lutheran.
40:33
And he became alienated
40:35
by the lutheran clergy because they were two
40:38
postmodern y liberal and
40:40
relativist and whatnot in his view.
40:43
But he used to go to a
40:45
Greek orthodox Church
40:48
in Brookline, Massachusetts and
40:50
sit in the back pew and listen to
40:52
the music and smell the incense
40:55
and hear the bells and he just
40:57
immersed himself in that mailier.
41:00
And he wasn't looking for an answer. It wasn't
41:02
a logical proposition. It was
41:04
simply being in the midst of the faithful.
41:06
And do that sometimes. I I don't go to
41:08
church on regular basis, but especially
41:11
in the years after my late wife Linda
41:13
Loury passed away in two thousand and eleven.
41:15
I found myself sometimes just wanting
41:17
to be in the midst of people
41:20
whose belief was affirming in
41:22
my own. So I don't know if I'm answering you or
41:24
not, Tyler. I am not an atheist
41:27
is what I'm trying to declare and
41:30
to some degree in awe of
41:32
the majesty and the dignity and
41:34
the humanity of these people
41:36
who are seeking to have a relationship
41:38
with the creator of the universe. What's
41:41
your favorite novel? Okay. It's
41:43
Mario Vargas Josa, and I've got two.
41:45
One of them is the feast of the goat, which
41:48
is about treeos, ruele, and
41:50
and Santa Domingo in the nineteen fifties.
41:52
The other is the dream of the goat. Which
41:55
is about Roger Casement, an Irish
41:57
diplomat and humanitarian who
42:01
served the British crown in the first decades
42:03
of twentieth century exposing
42:05
terrible humanitarian disasters in
42:08
the Congo where the Belgians were doing
42:10
what they were doing. And in the
42:12
upper Amazon where the Spanish
42:14
were doing what they were doing. And
42:17
he got knighted, sir Roger Caseman.
42:19
But he was an Irish patriot and also a closeted
42:22
homosexual. And he
42:24
ends up being executed because he gets
42:26
caught in a scheme collaborating with
42:28
the Germans in nineteen fifteen to
42:31
try to stage some event that was
42:33
gonna be the occasion for provoking an
42:35
Irish revolt etcetera etcetera long
42:37
Loury. But it's Mario Vargasiosa, a
42:40
master of this kind of historical narrative.
42:42
And just love both of those
42:44
novels. American pastoro is
42:47
another one that I'm really Loury fond of Philip
42:49
Roth. I could go into
42:51
details, but, you know, Let's leave it with
42:53
Yolanda. Vargas Yolanda,
42:55
what's your favorite movie? That's
42:57
a hard question. What is my favorite movie?
43:00
Sherri, it's a fire. Why that
43:02
one? Well, my wife, Linda, and
43:04
I, that she rest in peace. She
43:06
passed away from metastatic breast cancer in
43:08
twenty eleven. We were married in nineteen
43:10
eighty three. We first met in nineteen seventy
43:12
four. We were together for thirty seven
43:14
years. And that was her favorite
43:17
movie. And I loved the movie. So,
43:19
you know, the story of the movie, it was an
43:21
era in Hollywood of movie making
43:24
that I I don't think we'll ever see again.
43:26
I don't know if we're ever gonna see it again. Wonderful
43:28
characters, wonderful human aspiration,
43:31
competition, excellence, the pursuit
43:33
of excellence, dignity, what's his name? Harold
43:35
Abrams. The runner, Jewish guy
43:38
in the upper class British society.
43:40
He was, you know, somebody that I could
43:42
identify with, but I like that movie a lot.
43:45
I also like pulp fiction. I mentioned.
43:47
Oh, no. I mentioned Jacky Brown, but I do like pulp
43:49
fiction. I like the godfather one
43:52
I was going to report that I just saw
43:54
a fantastic movie that reminded me of
43:56
why I like movies. This is not my favorite movie. It's the
43:58
banshees of Anna Sharon.
44:01
This is a movie set in
44:03
Ireland about a friendship that goes
44:05
rotten and I won't even try to say anything more
44:07
about it. And it's quirky and weird in
44:10
a certain kind of way. And yet
44:12
it's deep and it's unpretentious
44:14
in a in a way and and what is another movie like
44:16
that kind of
44:17
movie? They don't make up anymore. They they don't make
44:19
movies anymore. It's all Liz
44:21
Bang and
44:23
What is there in the black visual art?
44:25
That is especially important or meaningful
44:27
to you.
44:28
Black. Visual Arts.
44:29
For me, it's Asian art, of course, but I
44:31
suspect your answer is different. I
44:33
don't know anything about black visual arts.
44:36
We need my late wife, Linda, on the same
44:38
every piece that I have in this house
44:40
of that sort of sculpture
44:42
or sketching or
44:45
painting is something that I inherited
44:47
from a previous life when I
44:49
was the green eye shade guy wearing
44:51
about my research and whatnot,
44:53
and where my wife was a fine researcher in
44:56
her own right, had an aesthetic sensibility
44:58
she cultivated
44:59
assiduously. And it wouldn't have only
45:01
been black, but the black visual arts would
45:03
have come into it. I'm gonna beg off. I don't
45:05
know anything. Loury last question,
45:08
do you think you will do a good job facing
45:10
death?
45:11
I sure hope so, but I've got my
45:13
doubts. So I've mentioned my wife, Linda,
45:16
my late wife, and and she did pass away
45:18
eleven and a half years ago. And
45:21
of course, we were together in
45:23
that room pretty much continuously
45:27
for the last few months. And I watched
45:29
her wither and die. I watched her suffer. And
45:32
bravely and in a dignified manner
45:34
and and without self pity, almost
45:37
almost without self pity. And I
45:39
asked myself as I was watching this,
45:41
where I am the same situation knowing
45:43
that there was no hope, that I'm
45:45
gonna die, that I'm gonna die from cancer
45:47
in my liver and in my brain, that it's
45:50
gonna kill me and the question is when and the
45:52
when doesn't measure in years and may
45:54
not even measure in months. Could
45:56
I have carried myself with
45:58
the courage and the
46:00
dignity that she exhibited it?
46:02
I've got serious doubts about it.
46:05
I think right now, I I don't know
46:08
what will happen when this moment comes because
46:10
it's coming. But right now, I imagine
46:13
that I'd be furious beyond
46:15
consolation. Why me? That
46:18
I would be impossible
46:20
to deal with. Nothing anyone could
46:23
do solicit of my needs
46:25
would be enough because I'm the one that's gonna
46:27
die. That all of this stuff that
46:30
they tried to teach me when I was becoming
46:32
a Christian about grace
46:34
and about belief and about
46:36
acceptance and and about faith
46:39
would be of no consolation whatsoever. Nature
46:43
would be my friend, not the new testament.
46:46
I imagine. And that bitter, old,
46:48
dying man feeling sorry for
46:50
himself, angry at his fate
46:53
is not who I wanna be in my last
46:55
days. I don't wanna be that guy, but I fear
46:57
that that's the guy that I would be. And I fear
47:00
further than that that my stepping away
47:02
from Christianity makes us more likely that
47:04
that's the guy that I would be. And even
47:06
though I think it's ridiculous to
47:08
assert that a person lives on after they
47:10
die, the person is the
47:12
brain and the consciousness which
47:15
will go to dust. There's
47:17
no life there. I think that's
47:19
an absurdity at one level.
47:22
On the other hand, it may be that only by
47:24
embracing some such belief
47:26
could I manage to pass away
47:28
as I must in a manner that is
47:30
honorable and dignified. And and so I don't
47:33
I don't know. I I am worried for myself
47:35
as that moment approaches. It it will come.
47:38
We're all looking forward to your memoir and
47:41
Glen Loury. Thank you very much. It's
47:43
been my pleasure,
47:44
Tyler. It's been bracing, but enjoyable.
47:49
Thanks for listening to conversations with
47:51
Tyler. You can subscribe to the show
47:53
on Apple Podcast Spotify, or
47:56
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47:58
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48:00
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48:02
This helps other listeners find the show.
48:05
On Twitter, I'm at Tyler Cowen,
48:07
and the show is at Cowen Convos.
48:10
Until next time, please keep listening
48:12
and learning.
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