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

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Master of Puppets - Metallica

JEL: d       

Taste me you will see
More is all you need
Dedicated to
How I’m killing you

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Assignment:

Based off of the James Hetfield lyrics in the song Master Of Puppets, describe why someone would continue to engage in behavior that is self-damaging, expensive, and time consuming. What effect does past consumption have in an addictive setting? How does an addiction make sense economically? Your might want to refer to the article "A Theory of Rational Addiction" by Gary S. Becker and Kevin M. Murphy.

[Provided by Noah Watenmaker (Student - Beloit College)]

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