EconGoneCountry
Supply and demand with a twang
Title: One Margarita
Artist: Luke Bryan
Economic Concepts: Marginal benefit; Marginal cost
Details: Some songs can teach us about economics by examining what not to do. While partying on a beach vacation, it may be tempting to only live in the moment and "Don't worry 'bout tomorrow". In other words, these people are only thinking about the marginal benefit of another drink or another hour in the sun, but not the marginal cost. This can lead to regrettable decisions and outcomes. Too many drinks can led to nasty hangovers
with "…shades on the eyes to tuck away the bloodshot eyes". In addition, spending all day in the sun typically leads to "…sunburn screamin'". So, remind your students that the next time they are on Spring Break, have fun, but remember to think on the margin!
Lyrics:
Everybody here ain't from here
But we're here doin' our thing
Lettin' go a little, little by little
Sippin' on a frozen drink
Tiki bars tik'n, pourin' all weekend
Clouds ain't leakin' no rain
Two pieces shakin', white caps a-breakin'
We ain't feelin' no pain, it goes like
One margarita, two margarita, three margarita, shot
Don't worry 'bout tomorrow
Leave all your sorrow out here on the floatin' dock
When that sun lays down, we'll be on our way
One more barefoot round, one more last chance to say
"Hey Señorita, don't you think we need
A salt and a Buffett song?"
One margarita, two margarita, three margarita
We'll be gone
Ice blue skies, shades on the eyes
To tuck the bloodshot away
Hair of the dog, shouldn't take long
But who cares, we got all day
Palm trees a-leanin', sunburn screamin'
But we'll all be alright, after
One margarita, two margarita, three margarita, shot
Don't worry 'bout tomorrow
Leave all your sorrow out here on the floatin' dock
When that sun lays down, we'll be on our way
One more barefoot round, one more last chance to say
"Hey Señorita, don't you think we need
A salt and a Marley song?"
One margarita, two margarita, three margarita
We'll be gone
We'll be gone
Tiki bars tik'n, pourin' all weekend
Clouds ain't leakin' no rain
Two pieces shakin', white caps a-breakin'
We ain't feelin' no pain, feelin' no pain
It goes like
One margarita, two margarita, three margarita, shot
Don't worry 'bout tomorrow
Leave all your sorrow out here on the floatin' dock
When that sun lays down, we'll be on our way
One more barefoot round, one more last chance to say
"Hey Señorita, don't you think we need
A salt and a Chesney song?"
One margarita, two margarita, three margarita
We'll be gone