Several Austrian professors have said that they appreciate Greg Mankiw’s principles text on economics, as a solid intro to mainstream thinking (it is mercifully free of most Keynesian anachronisms) and a good foil for Austrian perspectives. Certainly one has to appreciate his honesty in saying that he never read any Austrians in grad school and hasn’t read any Mises at all since, but he did read Hayek’s Road to Serfdom and liked it, and is adding a note on Hayek for the 4th edition. David Skarbek provides a nice summary of Mankiw’s post. The comments on Mankiw’s blog are particularly interesting, with lots of links back to Mises.org.
Mankiw on the Austrians
