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The author Greg Mankiw
Greg Mankiw
I am the Robert M. Beren Professor of Economics at Harvard University, where I teach introductory economics (ec 10). I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.

Greg Mankiw

This is one of the most popular economics blogs amongst students. The author Greg Mankiw, a Professor of Economics at Harvard University, has created some unique content like a principles of economics rap and animated video. His advice for student is extremely relevant for anyone studying economics.

Tonight’s Debate

According to this website that tracks betting odds, the biggest loser over the past few hours was Mike Bloomberg, whose probability of becoming the next president fell by 3.5 percentage points. The biggest winner was Donald Trump, whose probability of reelection rose by 1.3 percentage points. To quote one regular tweeter: Sad!

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9e is here!

The ninth edition of my favorite textbook has now been published. If you are an instructor planning to teach introductory economics and would like a complimentary copy to examine, please email Cengage's Marketing Coordinator Alexis Cortez.

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Plaza Suite

This weekend, I had the pleasure of seeing the revival of the Neil Simon play Plaza Suite, starring Matthew Broderick and Sarah Jessica Parker. It is in Boston for a few weeks before heading to New York.The play, which is really three short plays in one, was terrific. Broderick was very good, as expected, though he stumbled over his lines occasionally (once causing him to ad-lib to recover, to great humorous effect). Parker was absolutely great. She was energetic and consistently...

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The Textbook Market

Justin Fox has a good, balanced article on the market for college textbooks (an interest of mine, for obvious reasons). Below is a noteworthy figure from it.These aggregate data reflect my own experience: While the market share of my books is as robust as ever, my royalty income is down in both real and nominal terms. (Don't worry. I'll be fine.) Students are increasingly switching to buying less expensive options, such as digital or loose-leaf versions rather than the traditional...

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Note to Dems: The Economy is Doing Great

As the Democratic candidates get ready for tonight's debate, let me offer some advice: They should refrain from their tendency to disparage the current state of the economy. As the graphs below show, the employment-population ratio for prime-age workers is at its highest level in about 20 years. Real wages for production and nonsupervisory workers (that is, excluding the more highly paid bosses) are at an all-time high. There are plenty of good reasons to remove Donald Trump from...

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The Past and Future of Econ 101

During the recent ASSA meeting, I had the honor of receiving the John R. Commons Award from Omicron Delta Epsilon, the economics honor society. When receiving the award, I gave a lecture titled "The Past and Future of Econ 101." You can now read the lecture by clicking here.

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My First Beach Read of 2020

I like nothing better than sitting on a beach and reading a book. Well, after the ASSA meeting, my wife and I decamped to Maui for a few days of R&R. One of the books I took along was The Rationing by Charles Wheelan. Readers of this blog may be familiar with Wheelan as the author of Naked Economics, an excellent nontechnical introduction to basic economic ideas, as well as several other nonfiction books. The Rationing is Wheelan's first work of fiction, and it is a fun read....

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My Whereabouts at ASSA

If blog readers would like to see me at the upcoming ASSA meetings in San Diego, you can find me at the following events: Friday, Jan. 3, 2020 12:30 PM - 2:15 PM (PST)Omicron Delta Epsilon John R. Commons Award Lecture Manchester Grand Hyatt San Diego, America's Cup AB Hosted By: Omicron Delta Epsilon Chair: Stacey Jones, Seattle UniversityPanelist: N. Gregory Mankiw, Harvard University Topic: The Past and Future of Econ 101Saturday, Jan. 4, 2020 2:30 PM - 4:30 PM (PST)Is United...

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