Who? -“Hey it’s that guy from the book!” is usually the first reaction by economics majors upon hearing the name Mankiw. Everyone else will simply say “Who?” And thats where this category steps in. Besides being “that guy from the book” Greg Mankiw is also an American macroeconomist, professor at Harvard University and the chairman of the Council of Economic Advisors during the most recent Bush administration. He is one of the most influential economists next to the likes of Paul Krugman. That’s not bad at all for “that guy from the book”, now is it?
What? -On his blog Mankiw talks about, of course, the economy. But it is not only financial crisis this, bail-out that (the old game that we never get tired of) he adresses also various subjects that we might not find in every day news like the disappearing money multiplier for instance. Other than that he wants you the reader to understand what he is writing about, therefore he takes time to explain different topics a bit more thoroughly than other macroeconomic blogs do. With all it’s frequent updates, this site is a “must bookmark” for everyone who is interested in the economy beyond rants about bankers and managers (the other old game that which we never get tired of).
My personal upshot! -This blog is why I love economics, it is passionate, sometimes funny, always witty and mostly challenging! Read this blog and you will definitely learn a little bit more about life and maybe, just maybe be able to impress and subsequently pick up hot girl at a bar with your new found knowledge. Especially if she is a hooker, because hookers are all about money – and in the end, so is the economy!