Economic concepts through country music

After 23 years of living in the dark, I recently stumbled upon the joys of country music. Though many country tunes appear to be about the joys of beer, corn, trucks, rain, farms, Southern women, being a redneck and country music itself, one of the things I've noticed is that economic concepts are at the heart of many country tunes.

Here's a look at some basic economic concepts through the eyes of country songs:

The Invention of Lying and discount rates

I recently rented The Invention of Lying. I was pleasantly surprised: the scriptwriter must have been an economist at heart because the comedy was loaded with undertones of incentives and game theory.

Spoiler alert: I'm going to give away details of the movie now, so stop reading if you don't want to know the plot.