In an editorial written for the NY Times, former Bush Economic Adviser and current Harvard professor Gregory Mankiw discusses economic “guidelines” for President Obama to follow in hopes of finding common ground with the opposition Republican party.  Along with addressing a reformation of the incentive structure of current taxing practices, Professor Mankiw also espouses a Libertarian approach while addressing the distribution of wealth within the country.  He makes a compelling argument for working towards policy which focuses on achieving equality of opportunity (through educational reform) rather than equality of outcome.  A compelling read which addresses many of the fundamental economic debates facing this country’s policymakers.  Perhaps the President, as Professor Mankiw suggests, can truly find common ground with the new Congressional Republicans (at least economically that is).

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