Nicholas Gregory Mankiw

Nicholas Gregory Mankiw

American economist
Date of Birth: 03.02.1958
Country: USA

Content:
  1. Nicholas Gregory Mankiw: American Economist
  2. Academic Career
  3. Research and Publications
  4. Political Involvement
  5. Current Activities

Nicholas Gregory Mankiw: American Economist

Early Life and Education

Nicholas Gregory Mankiw, an American economist, was born on February 3, 1958, in Trenton, New Jersey. The son of Ukrainian immigrants, he earned his undergraduate degree in economics with honors from Princeton University in 1980 and his Ph.D. in economics from MIT in 1984. Before completing his doctorate, Mankiw worked for a year at Harvard Law School.

Academic Career

Mankiw began his teaching career at MIT in 1985, becoming a professor in 1987. In 2003, he became director of the Council of Economic Advisers under President George W. Bush. After serving in this role until 2005, he resumed teaching at Harvard, taking over the introductory economics course in Social Analysis.

Research and Publications

Mankiw is widely cited for his research on the costs associated with changing prices, a phenomenon known as price stickiness. He also predicted the real estate crisis of the 1990s and 2000s in a 1989 paper. His two popular university textbooks, "Macroeconomics" (1992) and "Principles of Economics" (1998), have sold over a million copies combined and been translated into 17 languages.

Political Involvement

Mankiw's views on neoliberal economics, particularly his support for tax cuts while running a large deficit, drew criticism from economists such as Paul Krugman and J. Bradford DeLong during his tenure as chairman of the Council of Economic Advisers. He has been an influential figure in political commentary through his blog and online journalism.

Current Activities

Today, Mankiw is a visiting scholar at the American Enterprise Institute for Public Policy Research. He has served as an economic advisor to Mitt Romney and is currently married with three children.

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