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

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Rock Island Line - Johnny Cash

JEL: d       

Now, this here’s the story about the Rock Island Line
Well, The Rock Island line, she runs down into New Orleans
There’s a big toll gate down there
And, y’ know, if you got certain things on board
When you go through the toll gate
Well you don’t have to pay the man no toll

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Assignment:

In the song "Rock Island Line," Johnny Cash discusses the transportation of materials through New Orleans. Why do you think they charged different prices for different prices for different types of transported goods? What do we call this practice in economics and why would firms engage in this? Why did it break down in this case?

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