Tuesday, December 8, 2009

From Greg Mankiw

Greg Mankiw writes today of his freshman seminar at Harvard:

I took a poll of the students' favorite readings. The winners were

1. Capitalism and Freedom by Milton Friedman
2. Nudge by Richard Thaler and Cass Sunstein
3. The Worldly Philosophers by Robert Heilbroner.

This reflects on the discussion that Boyes and I have presented dealing with the emergence of an ideology of state welfare on this blog.

While the first title engenders a sense of hope, the second two suggest that the high achieving students at the elite schools are open to the siren song of socialism.

Click over to Mankiw for more disturbing news from Cambridge.

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