Words I Never Said
Media Type: Music Topic: Monetary & Fiscal Policy
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Lupe Fiasco ft. Skylar Grey
Need a great introduction to fiscal policy? Try this Lupe Fiasco song which draws attention to issues ranging from school budget cuts to the war occurring in the Middle East, along with an overall message that people need to speak out about the issues our country is facing. The singer explains that despite government stressing the importance of education, funding for schools is often a victim of major budget cuts since the marginal cost for providing education is often higher than the perceived marginal benefit of increasing human capital due to the presence of a positive externality: "Your child’s future was the first to go with budget cuts. If you think that hurts, then wait, here comes the uppercut. The school was garbage in the first place, that's on the up and up." Note: Try printing a copy of the lyrics and consulting rapgenius.com for additional insight.
Content derived from AEA 2013 Poster Session: "Staying Relevant: The Best Media for Teaching and Learning Economics in the Last Five Years," by G. Dirk Mateer and Kim Holder.
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