Is American culture taking over the world? Do countries with open trade policies risk losing their unique cultures to a diet of McDonald’s and MTV? Or does globalization simply enlarge a country’s cultural menu, allowing people to choose from a wider variety? Does trade result in cultural decline? Or does cultural “destruction” allow the “high culture” of a society to co-exist with the popular and enable a rich array of cultural hybrids to flower? At this event, noted economist and author Tyler Cowen shared his fascinating discoveries about globalization and cultural diversity.