Admiring Leaders Through Their Errors

Click here to find Tyler's new generative book, The Marginal Revolution: Rise and Decline, and the Pending AI Revolution!

Arthur Brooks reckons he's on the fourth leg of a spiral-shaped career: French horn player, economist, president of the American Enterprise Institute, and now Harvard professor and evangelist for the science of happiness. His new book, The Meaning of Your Life: Finding Purpose in an Age of Emptiness, argues that happiness isn't a feeling but a combination of enjoyment, satisfaction, and meaning — the macronutrients of happiness, he calls them — and that most of us are gorging on the wrong ones. Tyler, naturally, wants to know: what's the marginal value of a book on happiness, and what does spiral number five look like?

Along the way, Tyler and Arthur cover how scarcity makes savoring possible and why knowing you'll die young sharpens the mind, what twin studies tell us about the genetics of well-being and why that's not actually depressing, the four habits of the genuinely happy, the placebo theory of happiness books, curiosity as an evolved positive emotion, the optimal degree of self-deception, why Arthur chose Catholicism rather than Orthodoxy, what the research says about accepting death, how he became an economist via correspondence school, AI's effect on think tanks, the future of classical music, whether Trumpism or Reaganism is the equilibrium state of American conservatism, whether his views on immigration have changed, what he and Oprah actually agree on, which president from his lifetime he most admires, Barcelona versus Madrid, what 60-year-olds are especially good at, why he's reading Josef Pieper, how he'll face death, and much more.

Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel.

Recorded March 19th, 2026.

This episode was made possible through the support of the John Templeton Foundation.

Other ways to connect

• Follow us on X and Instagram
• Follow Tyler on X
• Follow Arthur on X
• Sign up for our newsletter
• Join our Discord
• Email us: cowenconvos@mercatus.gmu.edu
• Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

Timestamps:

00:00:00 - Intro 00:02:10 - The Macronutrients of Happiness 00:07:54 - What Happiness Books are Worth 00:12:28 - The Habits of the Happiest People 00:14:27 - Why the Young Reject Happiness Advice 00:17:35 - Curiosity's Role in Happiness 00:20:22 - Self-Deception 00:22:04 - Facing Death 00:25:44 - Choosing a Religion 00:28:41 - Immigration 00:30:27 - The American Right Wing 00:33:55 - AI's Role in Happiness 00:37:12 - What Drives Generosity 00:38:37 - Oprah's Political Views 00:40:16 - Which Political Leaders Arthur Admires 00:41:59 - The Best French Horn Players 00:43:40 - Arthur's Spiral of Careers 00:48:20 - The Future of Think Tanks 00:49:50 - The Future of Classical Music 00:51:27 - Living in Spain 00:55:34 - Age and Peak Performance 00:56:12 - What Arthur Will Do Next 00:59:14 - Outro

Image Credit: Jenny Sherman