Last updated on: 2/16/2010 | Author:

N. Gregory Mankiw, PhD Biography

Robert M. Beren Professor of Economics at Harvard University
NC to the question "Should All Americans Have the Right (Be Entitled) to Health Care?"

“The push for universal coverage is based on the appealing premise that everyone should have access to the best health care possible whenever they need it. That soft-hearted aspiration, however, runs into the hardheaded reality that state-of-the-art health care is increasingly expensive. At some point, someone in the system has to say there are some things we will not pay for. The big question is, who? The government? Insurance companies? Or consumers themselves? And should the answer necessarily be the same for everyone?

Inequality in economic resources is a natural but not altogether attractive feature of a free society. As health care becomes an ever larger share of the economy, we will have no choice but to struggle with the questions of how far we should allow such inequality to extend and what restrictions on our liberty we should endure in the name of fairness.”

“Why Health Care Will Never Be Equal,” New York Times, Sep. 19, 2009

Involvement and Affiliations:
  • Professor of Economics, Harvard University, 1987-present
  • Chairman, Council of Economic Advisers, 2003-2005
  • Assistant Professor of Economics, Harvard University, 1985-1987
  • Instructor, Massachusetts Institute of Technology, 1984-1985
  • Staff Economist, Council of Economic Advisers, 1982-1983
  • PhD, Economics, Massachusetts Institute of Technology (MIT), 1984
  • AB, summa cum laude, Economics, Princeton University, 1980
  • Born Feb. 3, 1958