In a 7-2 decision, U. S. Supreme Court strikes down an Oklahoma state law requiring the teaching of intelligent design in public schools. As an act of defiance of the decision, the governor of Oklahoma
orders the closing of several public schools which had heretofore refused to teach the intelligent design
curriculum. The president of the United States commits National Guard troops to forcibly open the
public schools and restore order.

Mankiw attributes – chapter 1 and his 10 principles – differences in living standards within a countryover time and across countries at a moment in time to: a. the presence or absence of inflation and unemployment. b. the allocation of resources between private markets and the public sector. c. those that have dealt successfully with the efficiency v. equality tradeoff and those that haven’t. d. differences in productivity. e. ones that think at the margin and respond to incentives and those that don’t.