Macro Musings with David Beckworth: 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