Think Like An Economist

S E49: A Conversation with Greg Mankiw: Financial Crisis, Recessions and Communicating Economics

Nov 2, 2021

28:50

Highlights

AI Chapters

Episode notes

The Myth of the Rational Voter

04:25

Why Do Prices and Wages Adjust Slowly Over Time?

01:52

The Consensus on Sticky Wages and Prices

04:29

Introduction

2min

Why Do Prices and Wages Adjust Slowly Over Time?

2min

The Consensus on Sticky Wages and Prices

4min

Did Economists Just Forget About That?

2min

What Have We Learned From the Financial Crisis?

2min

The Pandamic - Distributions Have Fat Tails

4min

Do We Educate Young Economists in Humility?

4min

What Is Your Favorite Book?

2min

Where Do You Think Globalization Is Going?

3min

10.

The Myth of the Rational Voter

4min

Professor Greg Mankiw is one of the most influential economists today: a New Keynesian, advisor to Presidents, and a good friend of Betsey Stevenson and Justin Wolfers. In this episode, the three of them discuss what we can learn from financial crises, why globalisation has lost its shine, and how best to communicate economic ideas.

Editor: Alastair Elphick. A Modulated Media production.

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