last week sometime I bought the Dandy Warhols first album, 'Dandys Rule Ok!' on my walk home today i was thinking... by buying their record, i am infact adding to their salary. In turn, i am basically giving them money to buy their drugs. I suppose the amount of money that they got from my purchase was probably enough for half a joint. So by them buying more weed from the money i am giving them, they are raising the overall demand of marijuana. With a higher demand for weed, the price will, in turn go up. So, I paid $21.50 for the album, but in reality, i am paying more. See, if i choose to buy weed, because then demand is higher, it will be more expensive for me.
So what was once a CD worth $21.50 is now worth a hell of a lot more.
And that children, was Anuty Emma's explanation of economics.
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