A central purpose of economics is the study of how scarce resources are allocated. How raw materials are appropriated from nature and transformed into goods, how people organize to deliver services, how people and things come together to create new things for themselves and others. It is very much a study of inputs and outputs. When a particular output requires a minimum of inputs, this process is considered efficient. It means that, with the available technology and capital, the output could not be achieved with fewer inputs. But what happens when technology allows for greater efficiency? What happens when the input required to, say, operate a steam locomotive is drastically reduced? Your intuition may lead you to surmise that total consumption of that input would decrease, ceteris paribus (all other things being equal, that is). The truth of the matter is, it may not be that simple. In fact, that very opposite may be true, and to a very dangerous effect. At least that’s what William Stanley Jevons argued, and we are still talking about it more than a century and a half later.

Economics is Metal!

Music: ⁠⁠⁠⁠⁠ Monsters - Will of Igris

Follow the Band: ⁠⁠⁠⁠⁠⁠⁠⁠ Monsters

Hosts: Josh Goddard & David Ingram

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://metalomicspodcast.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/metalomics/⁠⁠⁠

In this edition of METALOMICS, we investigate what many believe to be the most essential force within economics: value. What is value? Where does it come from? And how does it operate as a nudger and budger of economic activity? We explore the classic, more abstract concepts of value and combine it with a practical commercial understanding - that is to say, the marketing perspective. We hope that by framing value between essential human desire and its use as a driver of market activity, we can corner it, dissect it, and better understand it.

Economics is Metal!

Music: ⁠⁠⁠ Mouth Full of Glass - Cleanse This Earth

Follow the Band: ⁠⁠⁠⁠Mouth Full of Glass

Hosts: Josh Goddard & David Ingram

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://metalomicspodcast.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/metalomics/⁠⁠⁠

Flock Safety, with its expanding nodes, represents the most current and potentially dangerous manifestation of mass surveillance we have ever seen. On this episode of METALOMICS, we weigh what it is we are gaining with what we are losing, by staring back into the spying eyes found on a growing number of human haunts.

Economics is Metal!

Music: ⁠ XDanielLarsonX - Plague Walker

Follow the Band: ⁠XDanielLarsonX

Hosts: Josh Goddard & David Ingram

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://metalomicspodcast.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/metalomics/⁠⁠

Other Music:

Hatchet Face - Before the Blast