Tag: economic consensus
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Where Economists Agree
Greg Mankiw: News Flash: Economists Agree (Mankiw is the author of the leading college textbooks on economics. ) … My favorite textbook covers business cycle theory toward the end of the book (the last four chapters) precisely because that theory is controversial. I believe it is better to introduce students to economics with topics about…
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Economic Consensus
From Greg Mankiw: The Consensus of Economists. Based on a survey by Robert Whaples of Phd. members of the American Economic Association. 90.1 percent disagree with the position that "the U.S. should restrict employers from outsourcing work to foreign countries." 87.5 percent agree that "the U.S. should eliminate remaining tariffs and other barriers to trade."…