Greg Mankiw Quotes

• If you take from a theory only the conclusions you like and discard the rest, you are using the theory as a drunkard uses a lamp post-for support rather than illumination.

  Greg Mankiw

  Illumination, Support, Lamps

  19 Copy quote

• Economics is the study of how society manages its scarce resources.

  Greg Mankiw

  Study, Economics, Resources

  "Principles of Economics". Book by N. Gregory Mankiw, 2015.

  21 Copy quote

• I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy.

  Greg Mankiw

  Goal, Interesting, Firsts

  18 Copy quote

• You can't rule out deflation just because you've never seen it in your lifetime.

  Greg Mankiw

  Lifetime, Deflation

  16 Copy quote

• Outsourcing American jobs will prove to be a plus for the economy in the long run. It's simply a new way of doing international trade.

  Greg Mankiw

  Running, Jobs, Long

  15 Copy quote

• These teenagers [that drop out of school to take the higher wage jobs] take jobs that would go to unskilled adults, making it harder for those adults to make the transition from welfare to work.

  Greg Mankiw

  Jobs, Teenager, School

  14 Copy quote

• Higher saving leads to faster growth . . .

  Greg Mankiw

  Growth, Saving, Faster

  16 Copy quote

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