On Tyler Cowen's The Marginal Revolution: Rise and Decline, and the Pending AI Revolution
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Podcast Overview
<p>A four-part podcast series that summarizes the key points raised in Tyler Cowen's exploration of the most important transformation in economic thought—and what it means for the future. </p><p>This series traces each chapter covering how the Marginal Revolution made modern economics possible, examining why it took centuries to develop, revealing the contradictions that shaped its pioneers, and asks whether marginalism itself will be replaced in the age of artificial intelligence. </p><p>Based on the <a target="_blank" rel="noopener noreferrer nofollow" href="https://tylercowen.com/marginal-revolution-generative-book/">2026 book</a> by economist Tyler Cowen.</p>
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Publishing Since
3/26/2026
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Recent Episodes
March 26, 2026
4: Why Marginalism Will Dwindle, and What Will Replace It?
<p>In this provocative finale, Tyler Cowen makes the case that marginalism—the dominant framework in economics for over a century—is approaching its own decline. What will replace it? How will artificial intelligence reshape economic research and the role of economists? This episode connects the historical arc of the Marginal Revolution to our present moment, asking what economists should do in an age when AI can perform many traditional economic tasks.</p><p><strong>Key topics:</strong> The future of economics, AI and research, what comes after marginalism</p>
March 26, 2026
3: Why Did It Take So Long for the Science of Economics to Develop?
<p>Economics as a rigorous science arrived surprisingly late in human history. This episode investigates the historical, intellectual, and institutional barriers that delayed the development of economic science from Adam Smith to the Marginal Revolution. What conditions finally allowed marginalism to flourish? And what does this delayed emergence tell us about the nature of scientific progress itself?</p><p><strong>Key topics:</strong> History of economic thought, scientific progress, why good ideas take time</p>
March 26, 2026
2: William Stanley Jevons, Builder and Destroyer of Marginalism
<p>Meet William Stanley Jevons—the brilliant but contradictory figure who both built up and tore down marginalist economics. This episode explores the life and work of this Victorian polymath who helped launch the Marginal Revolution in the 1870s, only to later question its foundations. Why did Jevons simultaneously advance and undermine the very framework he helped create? What does his intellectual journey reveal about the tensions within economic science?</p><p><strong>Key topics:</strong> William Stanley Jevons, Victorian economics, the paradox of building and destroying ideas</p>
5 total episodes available
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- What is On Tyler Cowen's The Marginal Revolution: Rise and Decline, and the Pending AI Revolution?
<p>A four-part podcast series that summarizes the key points raised in Tyler Cowen's exploration of the most important transformation in economic thought—and what it means for the future. </p><p>This series traces each chapter covering how the Marginal Revolution made modern economics possible, examining why it took centuries to develop, revealing the contradictions that shaped its pioneers, and asks whether marginalism itself will be replaced in the age of artificial intelligence. </p><p>Based on the <a target="_blank" rel="noopener noreferrer nofollow" href="https://tylercowen.com/marginal-revolution-generative-book/">2026 book</a> by economist Tyler Cowen.</p> - How often does this podcast release new episodes?
This podcast updates daily.
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