Gregory Mankiw Economy Quotations

Now, to get back to the question about outsourcing, I think outsourcing is a growing phenomenon, but it's something that we should realize is probably a plus for the economy in the long run,

The economy is like a supertanker. It doesn't move on a dime. Policy can nudge it, but it takes a while before it starts moving and moving substantially.

The economy is like a supertanker, ... It doesn't move on a dime. Policy can nudge it, but it takes a while before it starts moving and moving substantially.