Greg Mankiw's Blog
Random Observations for Students of Economics
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Posted 4 days ago
The LA Times reports:As Gas Prices Climb, So Do Scooter SalesScooters...are selling as fast as their little wheels can carry them from showroom floors. Sales have jumped 23.6 percent in the first quar
Posted 5 days ago
Cass Sunstein and Justin Wolfers say we don't really know whether or not capital punishment deters crime.Maybe so, but it does solve the problem of recidivism.
Posted 6 days ago
Bob Shiller concludes that the recent fiscal stimulus is not enough:The reality of the subprime situation, augmented by the energy crisis, at least suggests that we d better get ready for another ro
Tags: tax
Posted 1 week ago
I have long argued that the United States should welcome more skilled workers from other nations. A reader sends in an article reminding us that skills need to be broadly defined:Around 1,000 additi
Posted 1 week ago
A conversation, sparked by Bill Gates, with some big names contributing.
Posted 1 week ago
George Will hits the nail on the head:Two-thirds of doctoral candidates in science and engineering in U.S. universities are foreign-born. But only 140,000 employment-based green cards are available an
Tags: economy
Posted 1 week ago
From Tim Kane:we should aim to tax the bad things (noise, gasoline, trash, violent crime, evil foreign dictators) and untax the good things (homegrown profits, employment, innovation).
Tags: tax
Posted 1 week ago
Bloomberg reports:[Senator McCain] has shown increasing disdain for any economist who questions his policy prescriptions. Earlier this month, he lashed out at critics of his proposal for a summer gas-
Posted 1 week ago
From the NY Times:Mr. McCain advocates eliminating the multibillion-dollar annual government subsidies that domestic ethanol has long enjoyed.... Mr. Obama, in contrast, favors the subsidies....On the




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