After more than a quarter-century as a professional economist, I have a confession to make: There is a lot I don’t know about the economy. Indeed, th… - Greg Mankiw

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After more than a quarter-century as a professional economist, I have a confession to make: There is a lot I don’t know about the economy. Indeed, the area of economics where I have devoted most of my energy and attention — the ups and downs of the business cycle — is where I find myself most often confronting important questions without obvious answers.

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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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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.

Microeconomics and macroeconomics are closely intertwined. Because changes in the overall economy arise from the decisions of millions of individuals, it is impossible to understand macroeconomic developments without considering the associated microeconomic decisions.

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