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Thursday, March 4, 2010

Reflections on a Past Self

This is from one of my early blog posts, back in January 2007:

I've been picking on Mankiw lately. Nothing should be read into that. He's undoubtedly at least 56% smarter than me, and he is one of the greatest economists of our time in my opinion. I consider myself a New Keynesian so I rever him in many ways. Besides, he's got the best econ blog on the web - so I have to post about him all the time - even though we often disagree. Besides, I love his text book(s).


It's amazing how much I have changed over the last 3 or 4 years. I don't think Mankiw is one of the 'greatest economists of our time.' I definitely don't consider myself New Keynesian anymore (I blame my schooling for indoctrinating that into me). And I certainly don't think Mankiw has one of best blogs on the web either - especially since he stopped allowing comments. And, above all, his textbooks are the most generic, least explanitive, most indoctrinating books on the market - yuck, yuck, yuck. Not to be overly critical, but I mean really... I know his texts are popular, but they are just not very good - pretty and popular, but not good.

18 comments:

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Anonymous said...

Mankiw is way over rated!

Danny L. McDaniel
Lafayette, Indiana

Garth said...
This comment has been removed by the author.
Garth said...

Curious...who isn't over-rated to you? :)

SPEPost said...

I would like to know to what view you've adopted, and what series of events stimulated and guided you there.

Garth said...

For the past couple years or more, I have identified as a heterodox / pluralist - studying economics without inflexible assumptions, and a keen understanding that other social sciences (psychology, political science, sociology, history...) can add so much to understanding economic behavior. From within the study of economics, I probably lean toward post-Keynesian sympathies.

How did I get here? Grad school made me realize that economics has been overtaken by mathematics. Thought has been replaced with differential equations. That, in combination with my realization that mainstream economics is not just focusing on the wrong things, but even the way in which they focus is inherently flawed.

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