Supplemental Exercises: Chapter 1
Supplemental Exercises: Chapter 1
1. John Lott, an economist, argues that handguns should not only be permitted, but
encouraged, and that hidden handguns make society better off, not worse. Using
economics, develop a case for Lott’s argument.
2. Each election in the United States is accompanied by a lot of consternation about
people who do not vote. For example, bumper stickers saying “I voted, don’t
blame me” show up regularly. Using economics, explain why some people choose
not to vote.
Using economics, explain why fads and fashions come and go.
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