- April 16, 2025
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 jobs lost, just since 2011.
Manufacturing share vs. GDP
Via Basil Halperin. This is not a question of confusing causation and correlation, if anything it is the protectionists who have such an error in
Why Do Domestic Prices Rise With Tarriffs?
Many people think they understand why domestic prices rise with tariffs–domestic producers take advantage of reduced competition to jack up prices and increase their profits.
Greg Mankiw’s Blog: A Virtual Teaching Conference
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to
Sell Floyd Bennett Field!
I’ve been shouting Sell! for many years. Perhaps now is the chance to do it. Here’s a recap: The Federal Government owns more than half
The Madmen and the AIs
In Collaborating with AI Agents: Field Experiments on Teamwork, Productivity, and Performance Harang Ju and Sinan Aral (both at MIT) paired humans and AIs in
Greg Mankiw’s Blog: America First?
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to
China’s Medicines are Saving American Lives
The Economist reports that China is now the second largest producer of new pharmaceuticals, after the United States. China has long been known for churning
Public Choice Outreach Conference!
The annual Public Choice Outreach Conference is a crash course in public choice. The conference is designed for undergraduates and graduates in a wide variety
