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 Greg Mankiw

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updated Tue. March 26, 2024

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While economists' estimates of the external costs generated by gasoline are imprecise, Greg Mankiw, a prominent economist who served in the George W. Bush Administration, has suggested that federal gas taxes should be $1 per gallon to cover the negative externalities. Though well above the current ...

... while there are many conservative economists with appointments at top universities, publications in top journals, and so on, they have no influence on conservative policymaking. What the right wants are charlatans and cranks, in (conservative) Greg Mankiw's famous phrase. If they use actual economists ...
Economists such as Paul Krugman (a Democrat) and Greg Mankiw (a Republican) warned that trade is not the win-lose game the president seems to imagine. Prominent retailers from Walmart on down warned that tariffs would lead to higher prices. The Farm Belt - the bread basket of American exports ...
When President Trump imposed tariffs on imported solar panels and washing machines, I was reminded of a line from George Orwell: “We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men.” While Orwell's comment was focused on military and political issues ...
Let's talk taxes. The business tax plan being promoted by President Trump, and its close cousin released by House leadership this week, start with a good idea but then descend into an unworkable mess. Fortunately, the flaws can be fixed, if policymakers are willing to be bold. The centerpiece of the Trump ...
“Nobody knew that health care could be so complicated.” President Trump said that in February, yielding more than a few chuckles from pundits and late-night comedians. In fact, anyone who has spent some time thinking about the issue sees its complexity. With the collapse of the Senate health care bills ...
In the debate about federal tax policy, one question looms large: Should we have a tax cut that increases the budget deficit? President Trump says he wants “a massive tax cut … maybe the biggest tax cut we've ever had.” But the Senate majority leader, Mitch McConnell, who is clearly worried about the ...


 

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