Entries tagged "Gregory Mankiw"
Robert Skidelsky's 'Keynes: The Return of the Master' seems certain to further turn up the heat in an economics profession engaged in soul-searching and a re-examination of fundamental principles.
This was the question posed by N. Gregory Mankiw in Sunday's New York Times. The former chairman of President George W. Bush's Council of Economic Advisors was asking if we had learned enough about causes of the Great Depression to avoid another one. It's a compelling question, but largely a nonstarter. The world is completely different today than it was in the 1930s. We need to cast our net a lot wider. ...
