# Greg Mankiw

> American economist

**Wikidata**: [Q185734](https://www.wikidata.org/wiki/Q185734)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Greg_Mankiw)  
**Source**: https://4ort.xyz/entity/greg-mankiw

## Summary
Greg Mankiw is an American economist renowned for his contributions to macroeconomics and his influential textbooks, particularly *Principles of Economics*. He served as chairman of the Council of Economic Advisers under President George W. Bush and is a prominent blogger on economic issues.

## Biography
- **Born**: February 3, 1958  
- **Nationality**: United States  
- **Education**:  
  - Bachelor's degree, Princeton University (1980)  
  - Ph.D., Massachusetts Institute of Technology (1985)  
- **Known for**: Author of widely used economics textbooks; New Keynesian economics; public policy advocacy.  
- **Employer(s)**: Harvard University (current), Council of Economic Advisers (2003–2005).  
- **Field(s)**: Macroeconomics, economic education.  

## Contributions
- Authored *Principles of Economics* (1997), a foundational textbook used globally in introductory economics courses.  
- Served as chairman of the Council of Economic Advisers (2003–2005), advising President George W. Bush on economic policy.  
- Contributed to New Keynesian economics, particularly through his work on menu costs and inflation.  
- Maintains the blog "Greg Mankiw’s Blog" (http://gregmankiw.blogspot.com/), discussing economic theory and policy.  
- Published *Macroeconomics* (1994), a graduate-level textbook.  

## FAQs
**What is Greg Mankiw best known for?**  
He is best known for his textbooks *Principles of Economics* and *Macroeconomics*, which have shaped economics education worldwide, and for his role as chairman of the Council of Economic Advisers under George W. Bush.  

**Where has Greg Mankiw worked?**  
He has been a professor at Harvard University since 1985, interrupted by his 2003–2005 tenure at the Council of Economic Advisers. He also taught at the University of California, San Diego (1980–1982).  

**What are Greg Mankiw’s key academic contributions?**  
Mankiw’s research in New Keynesian economics emphasized menu costs and the impact of small price adjustments on unemployment. His textbooks standardized the "Ten Principles of Economics," widely adopted in curricula.  

**What political roles has Greg Mankiw held?**  
He chaired the Council of Economic Advisers (2003–2005) and signed the 1997 "Economists’ Statement on Third-Party Litigation" opposing punitive damages.  

## Why They Matter
Greg Mankiw’s textbooks have educated millions of students, establishing foundational concepts in economics education. His policy work under George W. Bush influenced U.S. economic strategies, including tax reforms and Social Security proposals. As a blogger, he bridges academic theory and public discourse, making complex ideas accessible. His New Keynesian models continue to shape macroeconomic research and policy debates, particularly on inflation and unemployment dynamics.

## Notable For
- Author of *Principles of Economics*, a global standard textbook.  
- Chairman of the Council of Economic Advisers (2003–2005).  
- Fellow of the American Academy of Arts and Sciences.  
- Member of the Econometric Society.  
- Prominent advocate for New Keynesian economics.  
- Influential blogger on economic policy and education.  

## Body
### Early Life and Education  
Greg Mankiw was born on February 3, 1958, in the United States. He earned his Bachelor’s degree from Princeton University in 1980 and his Ph.D. in economics from the Massachusetts Institute of Technology (MIT) in 1985. His graduate studies at MIT focused on macroeconomics under the supervision of Stanley Fischer.  

### Academic Career  
Mankiw began his academic career at Harvard University in 1985, where he became a professor of economics. He taught core economics courses and developed curriculum materials that evolved into his bestselling textbooks. His academic work includes papers on menu costs, inflation, and business cycles, contributing to the New Keynesian school of thought.  

### Government Service  
From 2003 to 2005, Mankiw chaired the Council of Economic Advisers under President George W. Bush. During this period, he advised on tax policy, Social Security reform, and trade agreements. His tenure included support for the 2003 tax cuts and advocacy for free-market policies.  

### Writing and Outreach  
Mankiw’s *Principles of Economics* (1997) introduced the "Ten Principles of Economics," a framework adopted by educators worldwide. He has also authored *Macroeconomics* (1994) and *Brief Principles of Macroeconomics* (2009). His blog, launched in 2006, discusses economic trends, policy debates, and pedagogical strategies, reaching both academic and general audiences.  

### Professional Affiliations  
Mankiw is a fellow of the American Academy of Arts and Sciences and a member of the Econometric Society. He has held visiting positions at the National Bureau of Economic Research and the University of California, San Diego.  

### Legacy  
Mankiw’s textbooks remain central to economics education, emphasizing clarity and real-world applications. His policy influence extends to debates on fiscal responsibility and market efficiency, while his blogging has democratized access to economic discourse. Critics, however, argue his New Keynesian views underemphasize income inequality and systemic risks.  

### Selected Publications  
- *Macroeconomics* (1994)  
- *Principles of Economics* (1997)  
- *The Macroeconomist as Scientist and Engineer* (2006)  
- *Brief Principles of Macroeconomics* (2009)  

### Awards and Recognition  
- Fellow, American Academy of Arts and Sciences.  
- Member, Econometric Society.  
- Listed among the "100 Most Influential People in the World" by *Time* (2006).  

### Controversies  
Mankiw faced criticism in 2011 for a column arguing that "the rich deserve their wealth," sparking debates about economic inequality. His support for dynamic scoring in budget projections also drew scrutiny from progressive economists.  

### Personal Life  
Mankiw maintains an active online presence through his blog and social media, engaging with students and policymakers. He resides in the United States and continues to teach at Harvard University.

## References

1. Integrated Authority File
2. BnF authorities
3. datos.bne.es
4. [I am no longer a Republican](https://gregmankiw.blogspot.com/2019/10/i-am-no-long-republican.html)
5. [Former Bush Economist Mankiw Says He Quit ‘the Party of Trump’. Bloomberg News](https://www.bloomberg.com/news/articles/2019-10-29/former-bush-economist-mankiw-says-he-quit-the-party-of-trump)
6. [Source](https://www.econometricsociety.org/society/organization-and-governance/fellows/current)
7. Mathematics Genealogy Project
8. International Standard Name Identifier
9. Virtual International Authority File
10. CiNii Research
11. Brockhaus Enzyklopädie
12. Babelio
13. Freebase Data Dumps. 2013
14. CONOR.SI
15. Autoritats UB
16. National Library of Israel Names and Subjects Authority File
17. [Source](https://www.podchaser.com/creators/nicholas-gregory-mankiw-107a9FVJVF/appearances)