Rappers don't know enough about money...
Need to give them a lesson.

Lyrics : 
(Intro)
These rappers all talking about their money, but dont know anything about econ. They gotta watch out, when their egos get that big, you know, your return to scale diminish.  I need to give them an econ lesson.

(Verse 1)
I’m sick of all these rappers only talkin bout money
Man there’s more to life, than your stack of dough, dummy
But if you wanna flaunt, then we better start learnin,
Cuz I’ll teach you economics, then you’ll really start earnin

No allocative inefficiency 
Cuz we gotta be about sustainability
How we supposed to make bank, in the long run
Talkin perfect competition, then it’s all gone

But ya go on
But ya keep goin
Get a coupon
Not for price floors
Automation
Make your costs low

But let’s start with the basics first
Law of Demand, and the way it works
Kanye’s price theory’s pretty appaling
Maybe a clothes line, just wasn’t his callin

2K dollars for a pair of pants?
Imma slap you in the face with my invisible hand

Law of demand is about elasticity
That’s Y, X, and PED
You might think that you’re selling a necessity
But they’d be buyin more, if you sold it cheap

So the trick on the streets, is to sell in the middle
Get rid of that surplus, little by little
We know supernormal profit, you already got
But if you keep it up, it won’t last a lot

(Chorus)
Cuz baby that’s micro
And all these lame rappers showed you what not to do
Watch an econ vid if you still confused
And never collude, cuz we’re watching you

And oh baby don’t stop,
producing at MC = MR

And if the market fails, sit back, relax
The government can fix it with a tax, with a quick tax

tax
tax
with a quick tax
tax 
tax
Just a quick tax

(Verse 2)
I’ll tell you bout a rapper that I thought was a genius
Invested in some firms so it seems he is
a smart business man, but he devious
Went bankrupt for mischevious
behavior
50 cent, that’s the man’s name. 
Didn’t take economics, 
that’s a damn shame
But man I’ll keep rapping, even if he sees this	
If all else goes well, ceteris paribus

So quit your daydreamin, cuz school’s a great thing
Consumption externality, the same thing
This one happens to be positive, Charlie Sheen
Oh don’t get mad at that joke, I’m only sixteen

Rappers brag bout their fat stacks,
Could be making normal profit, man that’s not half bad
You Understand? Pick up a notepad
Then you can really talk about pockets so fat

(Chorus)
Cuz baby that’s micro
And all these lame rappers showed you what not to do
Watch an econ vid if you still confused
And never collude, cuz we’re watching you

And oh baby don’t stop,
producin at MC = MR

And if the market fails, sit back, relax
The government can fix it with a tax, with a quick tax

tax(simon whispers)
tax
with a quick tax
tax 
tax
Just a quick tax

(Interlude/Outro)
*Guy’s wearing like 7 chains
“Uh, hey man, I think there’s an overallocation of these chains dude. Like the marginal benefit you’re gaining from having more than one of these right now, isn’t nearly enough to cover the cost to society of all that light shining in our eyes. Or the cost to your neck man, you’re gonna have scoliosis, then us taxpayers are gonna have to pay your medical bill dude… That’s messed up. Take em off”
“I can’t, I’m a rapper”.

rapcomedyeconomics


Lucca Della Libera

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