Greg Mankiw famous quotes

Last updated: Sep 5, 2024

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

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

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

#Lifetime #Deflation
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 #Jobs #Long

There are very few human beings who receive the truth, complete and staggering, by instant illumination. Most of them acquire it fragment by fragment, on a small scale, by successive developments, cellularly, like a laborious mosaic.
An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts - for support rather than for illumination.
Do not assume that divine guidance flows only when you are in need of help. Guidance continues to flow whether or not you have problems. It transcends problems, heartbreaks, and traumas, flowing through dreams and illuminations. Whether guidance comes during times of tranquility or trauma, however, it is up to you to have the courage to acknowledge it
A philosophical thought has probably not attained all its sharpness and all its illumination until it is expressed in French
About 70 percent of the district was new. It was a short amount of time to get to know hundreds and thousands of people. But with the help and support of old friends, we built a grassroots operation organically from the ground up.
I would hope that the staffs at juvenile detention centers and reform schools are carefully chosen so that there is a community of support and hope.
In Liberation, you stand alone. You stand alone because you need no supports of any kind. You need no supports because you have realized that the very notion of a separate you no longer exists; that there is nothing to support; that the whole ego experience was a flimsy illusion. So you stand alone but never, never lonely because everywhere you look, all you see is That, and You are That.
I know that it's probably not a good idea for a comedian, especially a satirist, to support a public policy group or a politician. This is something I learned only too well years ago when I did a fundraiser for Pol Pot. A few years later I saw 'The Killing Fields,' and I've got to tell you, I just felt like a schmuck.
Far better to think historically, to remember the lessons of the past. Thus, far better to conceive of power as consisting in part of the knowledge of when not to use all the power you have. Far better to be one who knows that if you reserve the power not to use all your power, you will lead others far more successfully and well.
Every time Paul and Gene use my makeup, they have to pay me a royalty check. I think they changed the makeup so they didn't have to pay me.

Greg Mankiw famous quotes

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