Blog Profile / Greg Mankiw's Blog

Filed Under:Business & Finance / Economics
Posts on Regator:1080
Posts / Week:2.4
Archived Since:June 7, 2008

Blog Post Archive

GDP and Its Discontents

I have a book review in Science. Here is an ungated version.

Why did Lehman fail?

Larry Ball has an important new monograph arguing, contra Bernanke, that during the recent financial crisis, the Fed could have saved Lehman Brothers but, unadvisedly, chose not to. Here, James Stewart of the NY Times covers the Ball...Show More Summary

Pigou Club News

1. Progress in Washington State.2. Progress in Canada.

A Quick Note on a Univeral Basic Income

Consider an economy in which average income is $50,000 but with much income inequality. To provide a social safety net, two possible policies are proposed. A. A universal transfer of $10,000 to every person, financed by a 20-percent flat tax on income. Show More Summary

Some Questions for Mr Trump

I see you recently opened up a golf course in Scotland. I presume that part of your business plan is for some Americans to take vacations to play there. But this raises some thorny questions.You complain constantly about American firms moving jobs overseas. Show More Summary

On the Alesina Hypothesis

In my recent NY Times article, I explored several hypotheses to explain slow growth. One was based on work by Alberto Alesina and Silvia Ardagna suggesting that the standard Keynesian view of tax and spending multipliers is inconsistent with the international evidence. Show More Summary

Bad ideas never die

In the Silicon Valley suburbs, activists are pushing for laws that limit rents, even though, as the article says, "economists have an almost universally dim view of rent control."

Elinor Ostrom in the news (sort of)

A friend emails me: This article in the today's NY Times discusses how musicians who play near the site where John Lennon died have had trouble managing the common resource of a strategically placed park bench. Currently, however, they have worked out an informal arrangement that appears to work well. Show More Summary

McCloskey on Growth

A great article in today's Wall Street Journal.

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