February 2021, Book Chapter: "I bring up this fact because we live in a time when inequality is high, when demonizing the rich is popular in some political circles, and when various policies are being ...
December 6, 2020, Opinion: "In the evolution of the U.S. economy over the past four decades, one fact stands out as especially puzzling: the large and fairly steady decline in interest rates. Consider ...
Harvard economist Gregory Mankiw, renowned for his textbook, recently posted on his blog: “Value-added tax (VAT) is not a ...
“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...
Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on every nickel than it does on every penny.
This essay discusses the reasons for and implications of the decline in real interest rates around the world over the past several decades. It suggests that the decline in interest rates is largely ...
The Minister for Defence, Dr Edward Omane Boamah, has assured Ghanaians that the government is taking urgent steps to repair the economic damage caused by the previous administration.
Minister for Defence, Dr Edward Omane Boamah, has assured Ghanaians that the government is taking urgent steps to repair the economic damage caused by the previous administration .
"When people start leaving a monetary unit at the cash register for the next customer, the unit is too small to be useful," said Gregory Mankiw, a Harvard economics professor and former chairman ...
Supporters of eliminating the penny argue that it is outdated and impractical. Economist N Gregory Mankiw, quoted by Time, previously wrote that the coin no longer serves a useful function: “The ...