From ABBA to Led Zeppelin: using music to teach economics
From ABBA to Led Zeppelin: using music to teach economics

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Between Angels and Insects - Papa Roach

JEL: b p     

I just want to be heard loud and clear are my words
Coming from within man tell them what you heard
It’s about a revolution in your heart and in your mind
Till you find a conclusion lost out in obsession
Diamond rings get you nothing but a life long lesson
And your pocketbook's stressing
You’re a slave to the system working jobs that you hate
for that shit you don’t need
It’s too bad the world is based on greed
Step back and see
Stop thinking about yourself start thinking about

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Assignment:

Self-regarding behavior is the cornerstone of economic analysis. Recall Adam Smith's famous quote, "It is not from the benevolence of the butcher, baker, or brewer that we expect our dinner, but from their own self interest." Would a world full of "Angels" work as well at providing what people want? What about a world full of "Insects?" Papa Roach seems to be saying that "greed" is a problem. Comment.

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