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

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La Tristesse Durera - Manic Street Preachers

JEL: e       

I sold my medal
It paid a bill
It sells at market stalls
Parades Milan catwalks

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Assignment:

James Dean Bradfiled sings about a war veteran that has to sell his medal to pay a bill. Economics textbooks tell us about winners and loosers from inflation. How does inflation destroy buying power? Why are war veterans more affected by this than other members of society to such an extent that they have to sell their medals? What policy solutions would help veterans combat the affects of inflation?

[Provided by Simon Medcalfe (Brenau U.)]

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