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Greg Mankiw Quotes: Economics is the study of how society manages its scarce resources.
         

Economics is the study of how society manages its scarce resources.


Greg Mankiw
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"Greg Mankiw Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/Economics-is-the-study-of-how-society-627294>.





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Other quotes of Greg Mankiw


If you take from a theory only the conclusions you like and discard the rest, you are using the theory as a drunkard uses a lamp post-for support rather than illumination.

If you take from a theory only the conclusions you like and discard the rest, you are using the theory as a drunkard uses a lamp post-for support rather than illumination.



Higher saving leads to faster growth . . .

Higher saving leads to faster growth . . .



You can't rule out deflation just because you've never seen it in your lifetime.

You can't rule out deflation just because you've never seen it in your lifetime.



Outsourcing American jobs will prove to be a plus for the economy in the long run. It's simply a new way of doing international trade.

Outsourcing American jobs will prove to be a plus for the economy in the long run. It's simply a new way of doing international trade.



These teenagers [that drop out of school to take the higher wage jobs] take jobs that would go to unskilled adults, making it harder for those adults to make the transition from welfare to work.

These teenagers [that drop out of school to take the higher wage jobs] take jobs that would go to unskilled adults, making it harder for those adults to make the transition from welfare to work.





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I have been doing choreography my whole life, and it's so important to make that marriage between music and the body.



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Quote Description


This page presents the quote "Economics is the study of how society manages its scarce resources.". Author of this quote is Greg Mankiw. This quote is about scarce, study, resources, economics, society,.