It should be noted that Mankiw is not a "conservative economist," he is a Keynesian interventionist and apologist for statist interventions in the economy.Conservative economist Greg Mankiw is open to Andrew Yang’s universal basic income - thinks it could work. https://t.co/6JGbOIrs7G— Andrew Sykes (@Interlime) January 13, 2020
I'm talking a total establishment apologist.
He has been an adviser to the Congressional Budget Office and the Federal Reserve Banks of Boston and New York. From 2003 to 2005 he served as Chairman of the President's Council of Economic Advisers under George W. Bush.
And there is nothing conservative about advocacy of the nutty universal basic income program. It is a complete statist program that will do nothing other than result in more statist rule and distortion of the economy.
-RW
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