Word: mankiwã
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...from Nancy Pelosi to President Bush have tried to do something to cut the wasteful spending. Farm subsidies are one of those rare issues on which everyone from the staunch free market advocate to the ardent proponent of social justice can see eye to eye. A cursory reading of Mankiw??s Principles of Economics will reveal subsidies are, as a general rule, inefficient; they distort incentives and create deadweight loss. While they can produce artificially low prices at the grocery store, the funds paying for this difference come straight out of consumers’ wallets in the form...
...essential theme of the course is how global energy demand is expanding rapidly and running out of control,” Anderson said. “Putting the textbook online saves a massive amount of energy and printing.”EDITIONAL PROBLEMSLike many introductory textbooks, Mankiw??s book has seen frequent republication. Retailing for $175 on Amazon.com, “Principles of Economics” has come out in four editions since its first publication in 1998.Economics chair James K. Stock is known for complaining in class about this practice, although not about “Principles...
...demographic whose wallets advertisers and corporations eagerly strive to empty. But don’t be fooled into believing that the book is a manual on how to take over the world. “Microtrends” is “Freakonomics” meets Gregory Mankiw??s “Principles of Economics.” As an attempt to follow in Steven D. Levitt ’89 and Stephen Dubner’s footsteps by using statistical analysis to debunk conventional beliefs, it falls flat because of its obsession with numbers, which oversimplifies...
...being discussed in the blogosphere, but that’s a mere quibble. My gripe is that I couldn’t quite figure out why this story was written. The gist was that bloggers were complaining about Bush’s 2003 tax cuts and the way Mankiw??s views had apparently changed (against tax cuts before he worked for Bush, pro-cuts once he did). Mankiw, meanwhile, said he wasn’t actually working for Bush when the tax cuts were adopted, and offered a defense of his shifting position. All fine, but this seems...
...Mankiw??s book ranked #7,593 in sales on Feb. 10, but dropped to #14,535 on Feb. 11. FM could not conclusively link this fact to the drop in Ec 10 enrollment from nearly 1,000 students in the fall to 751 in the spring. But it certainly seems suspicious...