It is too early to say there is a consensus about how all these topics fit together. Yet one can say that the new classical challenge has been met: Keynesian economics has been reincarnated into a body with firm microeconomic muscle.


N. Gregory Mankiw, "The reincarnation of Keynesian economics", European Economic Review (1992).

Greg Mankiw Quotes

It is too early to say there is a consensus about how all these topics fit together. Yet one can say that the new classical challenge has been met:...

It is too early to say there is a consensus about how all these topics fit together. Yet one can say that the new classical challenge has been met:...

It is too early to say there is a consensus about how all these topics fit together. Yet one can say that the new classical challenge has been met:...

It is too early to say there is a consensus about how all these topics fit together. Yet one can say that the new classical challenge has been met:...