"Everyone wants growth but no one wants change." How insightful!

As a professional in a couple vastly different fields, his point about indecision and paralysis in the face of uncertainty, it's interesting because I feel like it's a trend in most areas of society. Is social media harming our ability to interact? (This is something that is being discussed vehemently in child-development.)

Amazing smart man, sometimes I think “why don’t smart people like this get into politics” then I remember smart & politics don’t usually go together.

absolutely inspiring. I recently sold a business I built around several mechanical inventions. I have been contemplating whether I should take an extended period off before starting a new business based on a couple new gizmos that have been on the back burner for years. *Indecision leads to stagnation.* That's all I needed to hear. Back to work :)

have to know this dude's stuff for my final next week - happy to see this video :D

Dear Stockholm - Please accept the nomination of Professor Galloway for the Nobel Prize in Economics... He needs the free parking spot at NYU. ;-)

I love the fifa 13 music. And I’m glad to hear that connection is a big part of the future, as our cities seem primed to incorporate the notion of parkways and TODs

Can we get more of Paul Roemer? He's a very interesting and knowledgeable bloke

what is the name of the song played at the end?

Congratulations on the Nobel Price! I like the idea which is central to economics of handling scares resources like money, raw material etc.

Wish this was longer!!

WHY SO SHORT

Really interesting! Wish this was a long form conversation and not so quick. Big ideas like these should really be explained in long form so the listener can gather more info and make their own opinion on the subject.

Nice one refreshing view

Time to learn some new concepts

Congratulations Paul! 👏👏👏

Scott: We’ll see you next me Me, having watched the finale: Will you?

"Everyone wants growth but no one wants to change." This is so TRUE, especially if you were living in under/developing countries when corruption is so prone. And when you are trying so hard to help the grass root people, however those grass root people still on mindset reluctant to learn, reluctant to listen, reluctant to change, then in contrary they want to have a better living standard.

Worked through his textbook 'Advanced Macroecononis'. One of the best books ever! Congratulations in the Nobel!

"Granaries are filled to overflowing, and commodities, even these we have tried to make dear by tariff, were never before so cheap."

It'd be interesting to calculate the value of public parks and green spaces in cities.

When it comes to currency giving value to objects with scarcity(copper silver gold) is an absolute necessity if you want your currency to be a store of value and not be inflated away.

NYU Stern is spelled wrongly and is it "roemer" or "romer"?

Saw you on Adam ruins everything.. you seemed so polite, and friendly. I thought outloud: he seems so friendly. My wife said: maybe hes just friendly. I replied: no hes definitely faking it.

great handshake

He is so right, not a single Ghost City in the US. We are losing the war in building empty structures. We have alot of old empty commercial properties, but very little in the way of empty homes. This is a national disgrace.

Classic tool = easier to get dinner reservations

The problem that we have now is the "new ideas" that Paul (nice to hear a genius talk in a way I can understand) Roemer seem to all revolve around profiting off convenience (phones, apps, uber) rather than solving real problems. Bullet trains? Nice to have, especially in population-dense Japan where I live, but not exactly necessary. Smart grid? Necessary. Solar? Necessary. Environmental protection? Necessary.

Nobel Prize in Economics Smart == saving money renting a tux just once and using it twice in one day - 6:18

Match your camera colors in post folks.

"Everyone wants growth but no one wants change" says the guy who marries his girlfriend just before he receives his Nobel Prize! Congratulations on both, this late in life its not enough just to be accomplished, you deserve happiness... and commitment. I know that feeling🎆

Brilliant gut, nice comments. But, cities are obsolete. Commuting around physically is a waste of time when you can connect in forums and online, before you meet in person. Online networks are currently driving the massive change and innovation going on now, not crowded and crappy subways.

6 minutes I’m not getting back

Scotty what happened to that V neck? You got room for one more in there.

is that mean an absolute solution to the prisoner's dilemma ?

Isn't his wife, Christine I believe, also an economist. Wasn't she on the president's board of economists for Obama?

So, is he suggesting that the economy is not necessarily a zero sum game? Because that'd finally give respectable support to the way I see economics :-o

If you can't explain it simply enough, you don't know it that well. This applies to this Nobel Prize winner.

Sad not to see an African city in that map

If krugman can get an economics Nobel prize in economics it is an idiot award

What If No Money in future

you should have included his name (Paul Roemer) in the title, not just the description.

Why are so many of the comments on this channel hateful, derogatory, ignorant statements not backed up by any kind of facts? I hate to answer my own questions, but I don't think it's people with legitimate gripes about his economic theories. Something tells me the trolls have been sick'd on Scott Galloway. I dont know by whom, but my guess would be Amazon and Facebook.

This video has been a huge "no shit" to me. Can someone direct me to someone I don't already know from this professor?

What? South Korea and Japan were left out give me a break.

Root cause analysis

Scott will ward off climate change by reflecting solar rays with his bald pate

I don't get their accent, Need subtitles.

Nothing to say about Tumblr? Huh

Are "scarce" resources really scarce because of population growth tho?

‘Known worldwide copper resources are estimated at nearly 5.8 trillion pounds of which only about 0.7 trillion pounds (12%) have been mined throughout history... and nearly all of that is still in circulation, because copper's recycling rate is higher than that of any other engineering metal.’

There must be businesses that government can run better after you've gotten past the emotionally potent oversimplification obstacles and labels. Health Care insurance; why is it not possible to eliminate the profits for Hedge fund multi millionaires, shareholders and administration, hire back all the same rank and file including actuaries and customer service, possibly more for the sake of lowering premiums deductibles et al. ? Then, mining; saw a thing on television where mining our Oceans for mineral and elements will become a multi trillion dollar enterprise. Why just give Our Earth (if its not OUR EARTH, then whose is it? ) to Cabals that have managed to network the Powers that determine that opportunity distribution patronage by back room donations, campaign contributions, money laundering, influence and everything but benefitting The People of the Earth to whom it ultimately belongs? Create a department that represents US and all the debt we have to pay down even infrastructure seems to have taken a back seat to even a Space Force and the Wall. If we can get past that brainwashing element the benefits are for Everybody.

There is no true nobel prize in Economics.

"NYU Stren" sounds like a Chinese knockoff university

there is no such thing as nobel price for economics, go figure

@pple is blah blah

Always forgetting the African continent.

“US” “Moral Leader of the world” Lmao

Night off the bat I have to disagree with him. We are not constantly finding new ways to use the things we take out of the ground, especially in relation to metals. When was the last major breakthrough in metallurgy? I think we have reached pretty darn near the peak of what we can do in the realm of structural materials.

It should be noted that in wide circles the Nobel Prize has come to be regarded as a badge of shame - at least in the disciplines of Economics and Peace. I should say, disciplines "in name", that is. That's not an indictment of this recipient; just a sad reflection on the sad deterioration of the award's (awards') fall from prestige.

Nice get Scott, a resounding Harrumph for his second appearance. "Everyone wants growth, no one wants change". Amen brother. Oh, and Scott, "Europe as a moral leader"?!? I hope that was just lousy faculty-lounge humor...

what a bunch os platitudes. "you need to be connected to become more productive". wow. who would guess that. i'm glad we have a nobel prize winner to share this gem with us. I wish they had deepened the conversation

People overrstimate China. Manufacturing will continue to migrate to SE Asia & their business culture dictates that they won't become a tech innovator anytime soon. There growth is going to come at the expense of exploiting the natural resources of poor countries in Africa through secured loans & OBOR.

Stop calling it the Nobel Prize! There is no Nobel Prize for economists. This is a swindle of the Swedish National Bank. It is also correctly called the "Nobel Memorial Prize in Economic Sciences". That would be like the Culinary Guild awarding a Nobel Memorial Prize for the best cook. Alfred Nobel hated economists.

Should have been called sesame Street economics in 6 min. The man may be smart, but his points were obvious. Waste of 6 min