1. The text defines the Malthusian trap as: "A point at which the world is no longer able to meet the food requirements of the population, and starvation becomes the primary check to population growth." In other words, population will outpace food production. Discuss whether you believe this trap has been avoided for the next 100 years. Consider government policies (like China's one-child policy), the use of genetically engineered crops, social patterns of family size, and environmental factors.
2. If saving dropped sharply in the economy, what would likely happen to investment? Why?
3. White House officials often exude more confidence than they actually feel about future prospects for the economy. Why might this be a good strategy? Are there any dangers inherent in it?
4. If environmental resources were counted as part of the capital stock, how would a major forest fire affect net investment?