Laughing at Mankiw

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A read­er just alert­ed me to this hilar­i­ous spoof of Manki­w’s “Ten Prin­ci­ples of Eco­nom­ics” from ear­ly 2007:

I’d give Mankiw a hard­er time than this guy does–and the open­ing joke would need to be updat­ed (for the post-eco­nom­ic cri­sis world) that macro­econ­o­mists have pre­dict­ed 9 of the last 3 booms–but it’s still a very good laugh.

The come­di­an is Yoram Bau­man, The Standup Econ­o­mist. I might check his web­site out after this.

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.