If you were going to turn to only one economist to understand the problems facing the economy, there is little doubt that the economist would be John… - Greg Mankiw

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If you were going to turn to only one economist to understand the problems facing the economy, there is little doubt that the economist would be John Maynard Keynes. Although Keynes died more than a half-century ago, his diagnosis of recessions and depressions remains the foundation of modern macroeconomics. His insights go a long way toward explaining the challenges we now confront.

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About Greg Mankiw

Nicholas Gregory Mankiw (born February 3, 1958) is an American economist and the Robert M. Beren Professor of Economics at , best known in academia for his work on New Keynesian economics.

Also Known As

Alternative Names: Nicholas Gregory "Greg" Mankiw N. Gregory Mankiw Gregory Mankiw N. G. Mankiw Nicholas Gregory Mankiw
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Additional quotes by Greg Mankiw

Today, Keynesian theorizing does not inspire whispers and giggles from the audience. There are many economists under the age of forty who do not take offense when their work is called ‘Keynesian’, and I count myself as one of them. If Keynesian economics was dead in 1980, then today it has been reincarnated.

Economics is a young science, and there is still much to be learned. Economists sometimes disagree because they have different hunches about the validity of alternative theories or about the size of important parameters that measure how economic variables are related.

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