Greg Mankiw quotes

Greg Mankiw quotes

last updated: November 28, 2023

“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 Quotes #Support Quotes #Use Quotes
“Higher saving leads to faster growth . . .”
-- Greg Mankiw

#Growth Quotes #Saving Quotes #Faster Quotes
“Economics is the study of how society manages its scarce resources.”
-- Greg Mankiw

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

#Study Quotes #Economics Quotes #Resources Quotes
“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 Quotes #Teenager Quotes #School Quotes
“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 Quotes #Interesting Quotes #Firsts Quotes
“You can't rule out deflation just because you've never seen it in your lifetime.”
-- Greg Mankiw

#Lifetime Quotes #Deflation Quotes
“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 Quotes #Jobs Quotes #Long Quotes

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