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Oil Price Rap
It's been a while since we checked in with the folks at Taiwan's Next Media Animation, but here they are explaining the current situation regarding oil prices in an easy-to-follow (if difficult-to-listen-to) rap! Stick with it, you'll learn something. For more information on economist Arthur Cecil Pigou's concept of negative externalities, head here.








Surprisingly on the money. Who would have thought the same people who made the Conan videos would be talking about negative externalities and Pigouvian taxes?