Gregory Mankiw
Gregory Mankiw
Nicholas Gregory Mankiwis an American macroeconomist and the Robert M. Beren Professor of Economics at Harvard University. Mankiw is best known in academia for his work on New Keynesian economics...
gears human progress sand throw
would throw sand into the gears of human progress.
economy move moving policy starts takes
The economy is like a supertanker. It doesn't move on a dime. Policy can nudge it, but it takes a while before it starts moving and moving substantially.
economy move moving policy starts takes
The economy is like a supertanker, ... It doesn't move on a dime. Policy can nudge it, but it takes a while before it starts moving and moving substantially.
economy growing plus question realize
Now, to get back to the question about outsourcing, I think outsourcing is a growing phenomenon, but it's something that we should realize is probably a plus for the economy in the long run,
continuing decline recovery reverse trajectory unwelcome
Such a decline would be an unwelcome headwind for the continuing recovery but it would not reverse the upward trajectory that we've been on,