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Nicholas Gregory Mankiw (/ ˈ m æ n k j uː / MAN-kyoo; born February 3, 1958) is an American macroeconomist who is currently the Robert M. Beren Professor of Economics at Harvard University. [4] Mankiw is best known in academia for his work on New Keynesian economics .
Principles of Economics [1] is an introductory economics textbook by Harvard economics professor N. Gregory Mankiw. It was first published in 1997 and has ten editions as of 2024. [ 2 ] The book was discussed before its publication for the large advance Mankiw received for it from its publisher Harcourt [ 3 ] and has sold over a million copies ...
Harvard economist Greg Mankiw -- one of the smarter Some don't like talking about it because it's political, but the shift in wealth inequality is one of the most important economic stories of the ...
The Pigou Club is described by its creator, economist Gregory Mankiw, as a “group of economists and pundits with the good sense to have publicly advocated higher Pigouvian taxes, such as gasoline taxes or carbon taxes." [1] A Pigouvian tax is a tax levied to correct the negative externalities (negative side-effects) of a market activity.
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On Wednesday, November 2, 2011, about 70 students walked out of Economics 10 ("Ec 10"), Harvard's introductory economics class taught by N. Gregory Mankiw, former economic advisor to George W. Bush and then-current advisor to Mitt Romney. [16] [17] Demonstrators expressed support for Occupy Wall Street and published an open letter to Mankiw: [18]
Greg Mankiw maintains the IS/MP model has "quirky features". Mankiw prefers the IS–LM model, for, according to him, it focuses on "important connections between the money supply, interest rates, and economic activity, whereas the IS/MP model leaves some of that in the background".
The real business cycle theory relies on three assumptions which, according to economists such as Greg Mankiw and Larry Summers, are unrealistic: [2] 1. Large and sudden changes in available production technology drive the model.