The Fiscal Future by N. Gregory Mankiw published by NBER (2025)
“…The topic I would like to talk about today was close to Marty’s heart: the stance of fiscal policy and the path of government debt. Throughout his career, Marty advocated for greater saving, both private and public. As President Reagan’s chief economist, he warned about the adverse effects of large budget deficits, much to the chagrin of some other Reagan administration officials. If he were here with us today, I have no doubt that he would be concerned about the fiscal path the United States is now on…”
