70 - Greg Mankiw on Macroeconomists as Scientists and Engineers

70 - Greg Mankiw on Macroeconomists as Scientists and Engineers

Greg Mankiw is a professor of economics at Harvard University and served as the chair of the Council on Economic Advisers under President George W. Bush. Today, he joins the show to discuss the history of macroeconomics and how macroeconomists function as both scientists, who formulate and test theories, and as engineers, who set out to solve real world problems. Greg also shares his thoughts on the debate between the New Keynesian School and New Classical School and how that debate has shaped how we think about economics. David's blog: macromarketmusings.blogspot.com/ Macro Musings podcast site: macromusings.com/ David's Twitter: @DavidBeckworth Greg Mankiw's Harvard profile: https://scholar.harvard.edu/mankiw/home Greg Mankiw's blog: https://gregmankiw.blogspot.com/ Related links: "The Macroeconomist as Scientist and Engineer" by Greg Mankiw https://scholar.harvard.edu/files/mankiw/files/macroeconomist_as_scientist.pdf Macroeconomics by Greg Mankiw https://www.amazon.com/Macroeconomics-N-Gregory-Mankiw/dp/1464182892

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Bill Nelson on the Future of the Fed's Balance Sheet

Bill Nelson on the Future of the Fed's Balance Sheet

Bill Nelson is a chief research officer and chief economist at the Bank Policy Institute. In Bill's 10th appearance on the show he discusses his infamous email list, the ratchet effect from QE, his co...

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Neha Narula, Anders Brownworth, and Daniel Aronoff on Understanding Stablecoins in the GENIUS Era

Neha Narula, Anders Brownworth, and Daniel Aronoff on Understanding Stablecoins in the GENIUS Era

Subscribe to the new Macro Musings YouTube Channel! Neha Narula is the director of the Digital Currency Initiative which is based out of the Media Lab at MIT. Anders Brownworth is veteran software en...

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Jesús Fernández-Villaverde on the Quandary of Global Demographic Decline

Jesús Fernández-Villaverde on the Quandary of Global Demographic Decline

Subscribe to the new Macro Musings YouTube Channel! Jesús Fernández-Villaverde is a professor of economics at the University of Pennsylvania. Jesús returns to the show to discuss his rise on X, how t...

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Chris Meissner on the History of Globalization

Chris Meissner on the History of Globalization

Subscribe to the new Macro Musings YouTube Channel! Chris Meissner is a professor of economics at University of California at Davis and is the author of the recent book One from the Many: The Global...

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Raghuram Rajan on the Impact of the Ratcheting Effect of The Fed's QE Program

Raghuram Rajan on the Impact of the Ratcheting Effect of The Fed's QE Program

Subscribe to the new Macro Musings YouTube Channel! Raghuram Rajan is a finance professor at the University of Chicago and leads the Group of 30. Previously he was the chief economist at the IMF and ...

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Andrew Martinez on the Art of Forecasting

Andrew Martinez on the Art of Forecasting

Andrew Martinez is a former Treasure economist and currently is an assistant professor of economics at American University. In Andrew's first appearance on the show, he discusses his career as a forec...

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Dan Awrey on the Future of the U.S. Payments System in a Digital World

Dan Awrey on the Future of the U.S. Payments System in a Digital World

Dan Awrey is a professor of Law at Cornell University and the author of the new book Beyond Banks: Technology, Regulation, and the Future of Money. Dan returns to the show to discuss his new book, the...

9 Helmi 56min

Scott Sumner on Monetary Policy Confusion in Our Current Policy Debates

Scott Sumner on Monetary Policy Confusion in Our Current Policy Debates

Scott Sumner is the Ralph G. Hawtrey Chair Emeritus of Monetary Policy and the founder of the Monetary Policy Program at Mercatus. Scott returns to the show, to discuss his life post Mercatus, nominal...

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