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- 1. Open EndedCHAPTER 6
- 2. Open Endedwhat's the definition of "human capital"?
- 3. Open Endedwhat does Wheelan mean when he says the labor market is no different than the market for anything else?
- 4. Open Endedwhat's the role of education in developing human capital?
- 5. Open Endedwhat does Wheelan say about the "lump of labor" fallacy? what evidence does he use to support his claim?
- 6. Open Endedwhat's the correlation between a nation's natural resources and its economic well-being?
- 7. Open Endedwe've spent a lot of time at villa considering how best to deal with poverty. what does Wheelan's explanation of human capital bring to this discussion?
- 8. Open Endedwhat's productivity?
- 9. Open Endedwhat's the relationship between trade and productivity? (see discussion of NAFTA)
- 10. Open Endedwhat was Thomas Malthus' prediction about population growth? why has it proven false in the twentieth century?
- 11. Open Endedwhy is the gap between the rich and poor growing, according to Wheelan?
- 12. Open EndedCHAPTER 9
- 13. Open Endedwhat's nominal GDP? what's real GDP?
- 14. Open Endedwhat's a better indicator of a nation's wealth, real GDP or real per capita GDP?
- 15. Open Endeddiscuss the Federal Reserve Bank of Dallas' explanation for the best way to express our economic progress?
- 16. Open Endedwhat point is Wheelan making with the leprosy cases?
- 17. Open Endedwhat are the weaknesses in the way GDP is counted? why is it an imperfect measure of well-being?
- 18. Open Endedwhat other indicators are sometimes included in measures of social well-being?
- 19. Open Endedon page 202, how does Wheelan demonstrate truth in FDR's saying, "The only thing we have to fear is fear itself?"
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