Sunday, September 28, 2008

Greg Mankiw's Blog: A Note of Optimism

Greg Mankiw's Blog: A Note of Optimism

...During 2007 and the first half of 2008 – exactly the time when financial markets had been spooked by oil price spikes and housing price crashes – the marginal product had been over 10 percent per year: far above the historical average.
...this will likely permit Americans to advance their living standards as they have in years past.


Great! We are going to right, everything goes my way! Thrice to know what I did some of the projects I involved in - after marginal product of capital after-tax averaged. Amazing stuff, do it again!Different ways!

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