A Cheery Thought From a Keynesian Textbook Author

Harvard economics professor, and Keynesian economics textbook hack, Greg Mankiw tells us that over the past 140 years

[T]he CPI has risen 22-fold.

He also tells us that over the same 140 year period (my bold):

[T]extbook prices have risen only 114-fold...

His conclusion, buried into the headline of his post:

Textbooks are a bargain

 -RW