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

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Hip 2 Tha Skeme - The Coup

JEL: e j     

I'm steady mobbing
back to the police station
they checking me but its inflation that's doing this taking

...

If everybody in the hood had a Ph.D
You'd say hey Dr. flip that burger - hell it good for me

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Assignment:

Boots, the lead rapper in the Coup, is making a social commentary when he says, "If everybody in the hood had a Ph.D., You'd say hey Dr. flip that burger, hell it good for me." In a world where everyone had Ph.D.'s would we observe Dr.'s flipping burgers? What value does a college education provide? Is there such a thing as too much education?

What does Riley mean when he says that "its inflation that's doing this taking?" Taking implies that someone benefits. Who benefits from inflation?

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