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Unemployment vs. Out of Work

A few days ago, Greg Mankiw posted this amusing dialogue about the unemployment rate, as if Abbott and Costello had to discuss it. Here is a tidbit of the exchange: COSTELLO: I want to talk about the unemployment rate in America. Keep reading this post...
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Who Is Greg Mankiw's Mysterious "Friend" Inside The Obama Administration?

Business & Finance : Business Insider: Clusterstock (4 years ago)

After Greg Mankiw posted a letter from one of his "many friends working for President Obama," a guessing game began. Who sent the letter claiming that the new banking rules weren't rushed and that Geithner and Summers hadn't fallen ... Read Post

More on Greg Mankiw's weak arguments for the Bain capital gains preference

Business & Finance : Angry Bear (2 years ago)

by Linda Beale More on Greg Mankiw's weak arguments for the Bain capital gains preference A few days ago, I commented on the weak arguments Greg Mankiw had put forth in his op-ed to support the preferential treatment of compensation... Read Post

Abbott and Costello explain the unemployment rate

Business & Finance / Economics : Greg Mankiw's Blog (2 years ago)

Thanks to U Chicago's Allen Sanderson for sending this along:COSTELLO: I want to talk about the unemployment rate in America.ABBOTT: Good "subject". Terrible "times". It's about 9%.COSTELLO: That many people are out of work?ABBOTT: ... Read Post


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