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"Alternative Rock" ArchivesThousands are Sailing - The PoguesJEL: d f rThe island it is silent now Did you work upon the railroad Did the old songs taunt or cheer you Full Lyrics · Click to ListenAssignment:What is the effect of emigration on the country of origin? What is the effect of immigration on the host country? Do you think most immigrants work (for example on the railroad, or as police officers) or do you think they take government assistance (dollars from the White House)? How quickly do immigrants assimilate into a new country: is it “months and years” or do their teardrops quickly dry? [Provided by Simon Medcalfe (Brenau U.)] "Alternative Rock" ArchivesStick Shifts And Safety Belts - CakeJEL: a kStickshifts and safetybelts, Full Lyrics · Click to ListenAssignment:The singer of this song doesn't like safetybelts because they make it harder to get close to his loved one in the car. Of course, safety belts are a highly effective safety device. Using the language of economics, make the case that laws mandating the use of seatbelts are not beneficial to this person. Are there any exceptions or other circumstances that should be considered in the analysis besides this one person's well being? "Alternative Rock" ArchivesBig Yellow Taxi - Counting CrowsJEL: a qThey paved paradise and put up a parkin' lot They took all the trees, and put em in a tree museum Full Lyrics · Click to ListenAssignment:Big Yellow Taxi was originally written and performed by Joni Mitchell but covered by many other artists such as Bob Dylan, Amy Grant, and the Counting Crows. What trade-offs can you find in the lyrics? Define opportunity cost and give at least three examples found in the song. Finally, many of the problems mentioned in the song could be addressed through the assignment of property rights and an exploration of externalities. Explain how properly-defined property rights create incentives to minimize externalities. |