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I want to get a better grasp of mainstream macroeconomic theory, even if I dont necessarily agree with it, so I picked up Mankiws text, which is considered a standard and is more or less up to date with the Global Financial Crisis of 2007 and 2008 and its aftermath. Unfortunately, I started smelling trouble when I saw that the equation for money demand included an exponent d which was magically whisked away on the page right after it was introduced. If that exponent is supposed to be equal to one, Mankiw never advances an argument for that being the case. I ignored these things for a while but when I reached the chapter on international trade, which I hoped would be really interesting, I saw more sloppy mathematical formatting and this guy ... just has no pedagogical sense at all. Ive read quite a lot of economic literature—mostly on microeconomic theory, which is why I need a better understanding of macro—some of it quite advanced and mathematical in nature, but this guy is absolutely obtuse. Absolutely obtuse. Would not recommend.EDIT: I later found out that the notation in question is not an exponent, but indicates demand, and that this notation is common. One wonders why economists didnt use a subscript instead. That would actually make sense to a typical mathematically literate person. Fuck them.

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