Monday, May 16, 2016

Bill Black — The Unprincipled and Mythical Mankiw Principles of Economics

In this first installment I discuss the unacknowledged contradiction that lies at the core of the two meta-myths in the preface to N. Gregory Mankiw’s textbooks. Mankiw is among the leading providers of introductory economics textbooks. In his preface to these volumes he preaches his first meta-myth in his first substantive sentence about economics.…
New Economic Perspectives
The Unprincipled and Mythical Mankiw Principles of Economics
William K. Black | Associate Professor of Economics and Law, UMKC

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