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Blog Profile / Greg Mankiw's Blog

Filed Under:Business & Finance / Economics
Posts on Regator:2294
Posts / Week:7.5
Archived Since:June 7, 2008

Blog Post Archive

I'm back at the ASSA; you don't know how lucky you are, boy; back at the ASSA.

I am at the Philly Allied Social Science Associations conference now and over the next few days. Terrible weather, great cheese steaks.The publisher of my favorite textbook will be promoting the new edition--the 7th. If you would like to get a peek, stop by the Cengage booth. Tomorrow (Friday), I will be hanging around there from about 3:30 to 4: 15 pm.


If you will be in Philadelphia over the next few days, take note: 6th Annual AEA Economics Humor Session in Honor of Caroline Postelle ClotfelterAt 8pm on Saturday Jan 4 2014 at the Philadelphia Marriott, Liberty Ballroom. With an introduction...Show More Summary


Over on their blogs, Noah Smith and David Henderson have some compelling observations about respect. I wholeheartedly agree with the sentiment that treating others with respect, regardless of economic or social class, is crucial to a well-functioning civil society. Show More Summary

Quick Movie Review

I just saw American Hustle. Great movie, loosely based on the Abscam investigation. Much better than Gravity, the other movie I have seen recently that got rave reviews.


For better or worse, Wikipedia is a go-to site for information. Often it is quite good. Sometimes it is not.I happened to notice over my Wikipedia entry this sentence about the student walkout several years ago: "Mankiw published his...Show More Summary

Returns to Skills Around the World

From a new working paper: On average, a one-standard- deviation increase in numeracy skills is associated with an 18 percent wage increase among prime-age workers. But this masks considerable heterogeneity across countries. Eight countries,...Show More Summary

Meaningless Sentence of the Day

This NY Times story on the middle class's struggle with the new healthcare law is generally pretty good, but this sentence struck me as comically meaningless: Experts consider health insurance unaffordable once it exceeds 10 percent of annual income. Show More Summary

Solow on Greenspan

Bob reviews Alan's new book. (In case you missed it, here is my review of the book.)

If my favorite textbook hasn't simplified things enough for you...

My friend and former student Miles Kimball takes a stab at explaining some basic macroeconomics through the vehicle of a child's storybook.

On Measuring Changes in Income

To divert attention from the disastrous rollout of his health reform, President Obama has decided to change the national conversation to discuss increasing inequality. This phenomenon is not new--the trend started about four decades ago--but it is real and important. Show More Summary

A T Shirt for Princeton Students

Princeton University--the ivy league school known for its policy of "grade deflation"--has been experiencing a small outbreak of Meningitis B, for which students are now being vaccinated. Hence, this T shirt:

Bad News for New PhDs

From The Chronicle of Higher Education: Economics Ph.D.'s on the academic job market had fewer jobs to apply for in 2013 than a year earlier, according to new data from the American Economic Association. The number of new academic job openings listed with the association fell 6.6 percent, to 1,924, in 2013. Show More Summary

Answer Sheet

Here are the answers to the Fun Quiz I posted a few days ago: 1. For 35 years, Bob Barker welcomed those who had "come on down" to this TV game show. The Price is Right 2. New Ec10 soap opera starring Luke, Laura, and Francis Edgeworth. Show More Summary

A Harvard Victory

Congratulations to the Harvard Fed Challenge Team, which recently won the national title. Here is a picture of the team, together with a soon-to-be-unemployed Harvard alum.

EITC is better than the Minimum Wage

From David Neumark: Suggesting that federal policy addressing low-wage work and low-income families has somehow failed because the minimum wage has not kept pace with inflation ignores the fact that we have moved away from a focus on the minimum wage — a policy with many flaws — and toward the earned-income tax credit. Show More Summary

A Fun Quiz

For the holiday party for ec 10 section leaders, head section leader David Johnson prepared the following "quiz," which he has allowed me to share with blog readers. The quiz is open book, open internet. The winning team got 18 out of 20. Show More Summary

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