Lousy Blogging

I recently knocked Greg Mankiw thusly:

Basically, Greg Mankiw is just about the least interesting economics blogger out there. I always know where he’s going to come down on an issue, and I never learn anything from his explanations of why he winds up at that position. He seems to care more about getting it Republican than getting it right, which makes for lousy econoblogging.

Another way of saying this is that as somebody looking to fire up the true believers, he does just fine. As someone seeking to write a thought-provoking and interesting blog, he fails miserably. Here’s today’s example: read Mankiw on the CBO’s MedPAC decision. Pretty much what you’d expect from Mankiw, and not at all informative. Now read Ezra on the same subject. Pretty much what you’d expect from Ezra, but interesting and informative.

And I suppose it’s possible that Mankiw understands the question being debated, is right on the merits, and can back his view with a compelling argument. But lord, you’d never know any of that from reading his blog.

Comments

  1. Lee GIbson says:

    Whenever I read commentary on any subject by Republicans like Mankiw, I simply assume in advance that it’s dishonest. So far, that assumption has not been contradicted.

  2. Tom says:

    Talk about lousy. What was this post supposed to be an example of. I’m sure all your other posts are captivating and insightful

  3. Milton Recht says:

    If you read the actual CBO analysis, you will see Klein got it all wrong and Mankiw hit it on the button.

    CBO said that the President’s proposal overlapped HR 3200, “America’s Affordable Health Choices Act of 2009.” Most of the cost savings in the President’s proposal were already included in CBO’s analysis of HR3200 and there was little incremental cost reduction.

    CBO then went on to list nine specific proposals that would strengthen IMAC and provide a high likelihood of additional cost savings. They are similar to the kind of proposals any business facing a high costs, low revenue scenario would try to implement. However, they are too specific, too targeted and too tough for Democratic politicians to back.

    The IMAC proposal is very weak according to CBO. A committee will be set up with an aim to save medical costs, but with no reduction targets, no power, limited areas it can review for costs savings (e.g., Medicaid is not included), no defined costs savings ideas to implement and no automatic default levels of cost savings if the committee’s proposals do not reduce costs. Additionally, the committee will include medical professionals who will have a potential conflict and a bias in favor of the medical profession.

    CBO said that the likelihood that the current IMAC proposal would be able to achieve added cost savings was very low and used probability estimates to come up with its numbers. CBO said the law needs to be strengthened and more demanding of cost savings. It also said that to achieve post 2019 cost savings, the law needed to be much stronger.

    It is very much as Mankiw said. It will be a powerless committee with no specific cost savings goals. It will achieve the President’s goals because that is his intent. Just click your ruby shoes three times, Dorothy.

  4. mac says:

    Mankiw’s blog is a hobby. Of course he’s not going to give it the same attention that a full time blogger from the Washington Post will.

  5. Joseph Lawler says:

    Mankiw is not a blogger. He is an economist. So criticize him for his economics, not his blogging. To do otherwise is disingenuous.

  6. DM says:

    Blogger spats are bad blogging. Stop trying to pick blogger spats.