Sunday, January 1, 2017

The Insane Way Economics Is Getting Started in 2017

The 8th edition of Greg Mankiw's Principles of Economics, the best-selling economics textbook, will be launched at the start of the year.

The mainstream Keynesian babbling textbook comes with a cover price of $406.95.

In other words in 2017, it will continue to pay to be a great time to be an apologist for government intervention in the economy.

Mankiw, a professor at Harvard, lives in Wellesley, Massachusetts in a 6,500 square foot, 6 bedrooms, 5.5 bathrooms, three story Colonial.

Mankiw's house.

BTW:  You can get a sound understanding of economics by reading these 10 books and you can buy them ALL for far less than the cost of the textbook that helps keep Mankiw comfy in his Wellesley mansion.

And if you want to read a total destruction of the Keynesianism that Mankiw promotes, read The Failure of the New Economics by Henry Hazlitt.

If Hazlitt's book ever caught on, economists like Mankiw would be living in SROs.


1 comment: