https://quillette.com/2018/11/21/stubborn-attachments-a-review/ 8. State the three premises of Cowen's argument that we should promote maximizing the rate of sustainable economic growth? 9. What is the ". . .one major constraint. . ." Cowen argues should limit our pursuit of maximizing economic growth? 10. Pick one of the three ideologies discussed near the end of the article - Conservative, Libertarian, or Progressive - and state one thing about Cowen's argument the reviewer says they will like and one thing they will not like. Marginal Revolution Video. Watch the following video on the importance of institutions in creating growth miracles or growth disasters:

https://mru.org/courses/principles-economics-macroeconomics/north-korea-and-south-korea- institutions

11. Why is Korea an excellent place to conduct a "natural experiment' on the importance of institutions in promoting economic growth?

12. What is one institution that promotes growth in South Korea, and one product many people in the world enjoy because South Korea has developed a modern, prosperous economy? 13. What is one institution in North Korea that retards economic growth, and what is one negative effect of that lack of growth?

On pp. 241-243 Mankiw provides a Case Study on "Why is so much of Africa Poor?" 14. Mankiw lists 7 factors that contribute to low living standards in many African countries. Which one of those factors do you think is the most important, and why?

15. What African country does Mankiw note has lifted itself out of poverty, and what is one characteristic that has helped it become middle-income? 16. In the notes I argue economic growth solves every problem. Why or why not do you agree with this statement.