In Defence Of Me

My mankiw/files/defending_the_one_percent_1.pdf">new paper on the One Percent has generated a fair amount of Internet commentary.  I won't response to the critics. Time is scarce, as well as I am busy alongside other projects. For improve or worse, I volition acquire out the newspaper to utter for itself. (I should banking concern annotation that my newspaper is business office of a forthcoming JEP symposium. I convey non seen all the other papers, but from what I convey seen, the symposium should offering a good, balanced grouping of perspectives.)

Regarding all that Internet commentary, I did bask mankiw/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+tvhe+%28The+visible+hand+in+economics%29">this defence from Matt Nolan.  Nolan was patently a reader of my favorite textbook early on inwards his life.  His defence of me begins equally follows:

When it comes to looking at policy, I started life fairly heavily left wing. When I started academy at the historic catamenia of 18, my kickoff textbook was past times Greg Mankiw. He was a Republican, spell most of my economic science reading at the fourth dimension had been Marxist or a frustrated assay at reading the General Theory past times Keynes. I was instantly certainly that I would abhor the textbook, as well as that it had no value – at that betoken I was fifty-fifty to a greater extent than young than I am at nowadays   

I was utterly as well as totally incorrect – a province of affairs I convey piece of job past times away accustomed to. Mankiw’s kickoff twelvemonth textbook is clear, to the point, as well as is honest close what the economical method is as well as what it achieves. He “wears his assumptions on his sleeve” which I convey learnt is the distinction of the best type of economist. His textbook, as well as his papers on macroeconomics as well as tax, convey been insightful for me equally a agency of non merely agreement economical ideas, but of agreement the economical method.

Thanks, Matt!

Sumber https://gregmankiw.blogspot.com/