How the economy could handle oil at $100 a barrel--from the WSJ. Question: Would a significant increase in the price of oil be an example of inflation?

What are the two conditions necessary for capital formation to set in and continue?

What are the external and biological time preference factors? Why does it matter for these factors to be expected? What role is played by nutrition and health care?

Do you think that members of the military more likely or less likely to have high time preferences?

Why are property rights violations harmful to capital formation? What were the examples given in class? Can you think of others?

In this academic article, Robert F. Mulligan of Western Carolina University examines the relationship between property rights and time preferences.