Greg Mankiw is a Harvard professor of economics. He has also authored a text that several economics departments use (I used his book when I took Econ 101) and from 2003-2005 he was chairman of President Bush’s council of economic advisors. Basically he is a very respected economist and overall smart guy.
Blograters isn’t reviewing this blog because we own the book, we are reviewing it because it really is a good blog to learn about economics in a relatively simple way. He talks about current events and how they are affected or how they effect the economy.
If you want to get smarter, act accordingly, or at least sound smarter you should read this blog. If you are into the economy (and technically we are all part of the world economy) you will enjoy his writings. If you aren’t so into the economy then you can still learn a lot of practical things at his blog. Todays post is a perfect example Who Pays How Much In Taxes. You hear politicians talk about who pays what but we know that they all have big agendas. Another good post on correlation vs causation which is a far more relevant topic to most people lives than they think (basically we think a lot of things happen because of something when in fact it is just by chance that the other thing happened at the same time. Not everything we think is cause and effect is true.).
And to end this review on a topic that at least half of the readers of this blog can be happy about here is a post on the narrowing of the pay gap between men and women.