What does it mean to be wealthy and how should we factor in say, life expectancy? Lyman Stone offers an interesting measure, lifetime consumption, taking in account (roughly) both years lived and how much one consumes in those years. The...
There are just a few spots left for the Public Choice Outreach Conference! Do encourage your students to apply! ...
Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use...
Look at the incredible decline of manufacturing across a wide variety of industries in the figure below. Nearly 7.5 million...
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University....
Via Basil Halperin. This is not a question of confusing causation and correlation, if anything it is the protectionists who...
Many people think they understand why domestic prices rise with tariffs–domestic producers take advantage of reduced competition to jack up...
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I’ve been shouting Sell! for many years. Perhaps now is the chance to do it. Here’s a recap: The Federal...
In Collaborating with AI Agents: Field Experiments on Teamwork, Productivity, and Performance Harang Ju and Sinan Aral (both at MIT)...
