Economists: Left vs Right

Economics (the "dismal science") tries to model human behavior, but naturally has to make a lot of assumptions. Greg Mankiw, who was chairman of President Bush's Council of Economic Advisors from 2003 to 2005 and now teaches at Harvard, posted his thoughts on how economists on the right and left differ in their worldview and how they interpret the "facts".

For example:
"The right sees people as largely rational, doing the best the can given the constraints they face. The left sees people making systematic errors and believe that it is the government role’s to protect people from their own mistakes."

Link to Greg Mankiw's post

Happy reading!