- May 13, 2025
Econ 101 is Underrated: Pharma Price Controls
Econ 101 is often dismissed as too simplistic. Yet recent events suggest that Econ 101 is underrated. Take the tariff
This is Vindication???
Joe Nocera has a strange piece in the Free Press arguing that the “godfathers of protectionism” have been vindicated. It
Has Clothing Declined in Quality?
The Office of the U.S. Trade Representative (USTR) recently tweeted that they wanted to bring back apparel manufacturing to the
Lifetime Expected Consumption
What does it mean to be wealthy and how should we factor in say, life expectancy? Lyman Stone offers an
Harvard faculty put their money where their mouths are
Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use
The Public Choice Outreach Conference
There are just a few spots left for the Public Choice Outreach Conference! Do encourage your students to apply!
Rising Expected Unit Cost Inflation Quantified
From Atlanta Fed: Figure 1: Business unit costs (blue), and consumer prices (tan), year-on-year expected change, %. Source: Atlanta Fed,
Why Aren’t You Calling? (Trump to Beijing)
From Bloomberg, “Trump Presses China to Make Tariff Offer to Calm Trade War”: “The ball is in China’s court. China
I talk with Bianna Golodryga
Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use
The Decline of Manufacturing
Look at the incredible decline of manufacturing across a wide variety of industries in the figure below. Nearly 7.5 million