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Broadway Economics

"Teaching Economics Through Musical Theatre"

Author: mattrousu

Something for Nothin (DEAD OUTLAW)

Something for Nothin (DEAD OUTLAW)

Posted on May 11, 2025 by mattrousu

Something for Nothin (DEAD OUTLAW) Some of the most successful entrepreneurs create new markets where one did not exist before. In Something for Nothin’, we hear about this in a…

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Franklin Shepard, Inc. (Merrily We Roll Along)

Franklin Shepard, Inc. (Merrily We Roll Along)

Posted on May 4, 2025 by mattrousu

“Franklin Shepard, Inc.” illustrates the economic tension between artistic integrity and commercial success. The song highlights the opportunity cost of creative pursuits – Charley values artistic fulfillment, while Frank prioritizes…

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New Money (The Great Gatsby)

New Money (The Great Gatsby)

Posted on May 4, 2025May 4, 2025 by mattrousu

“New Money” From The Great Gatsby examines the economic divide between wealth derived from hard work and that inherited from old money. In this song, the characters reflect on social…

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Make a Wish (Kimberly Akimbo)

Make a Wish (Kimberly Akimbo)

Posted on September 25, 2024January 8, 2025 by mattrousu

Kimberly sings about what she would want with her three wishes. These three things give her what economists call utility, which is a measurement of satisfaction. Sometimes, the things that…

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Hey Big Spender (Sweet Charity)

Hey Big Spender (Sweet Charity)

Posted on May 13, 2024January 8, 2025 by mattrousu

The dancers try to entice the “big spender”. This song is a good introduction to a lesson on rent seeking. The “big spender” could provide a big payoff – and…

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It Sucks to Be Me (Avenue Q)

It Sucks to Be Me (Avenue Q)

Posted on January 29, 2024January 8, 2025 by mattrousu

The humans and monsters who live on Avenue Q sing about their lives, and in it there are a lessons on unemployment, the economics of beauty, immigration, and more!

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Holding out for a Hero (Footloose the Musical)

Holding out for a Hero (Footloose the Musical)

Posted on December 27, 2022January 8, 2025 by mattrousu

The singer is “holding out for a hero”. There are other men available, but she wants one who has specific traits (strong, fresh from the fight, etc.). Having another boyfriend/partner…

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No Friends (Almost Famous the Musical)

No Friends (Almost Famous the Musical)

Posted on December 22, 2022January 8, 2025 by mattrousu

William is being paid to follow the band Stillwater on tour. He thinks they are great, but he is cautioned by Rolling Stone not to make friends with the band….

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Santa Fe (Newsies)

Santa Fe (Newsies)

Posted on April 5, 2021January 8, 2025 by mattrousu

Jack sings of the clean air in Santa Fe, New Mexico. Clean air, among many other things not mentioned in the clip, is considered a public good – this website…

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I Want the Good Times Back (The Little Mermaid)

I Want the Good Times Back (The Little Mermaid)

Posted on March 1, 2021January 8, 2025 by mattrousu

Ursella is trying to decide how she is to reclaim ownership of the sea from her brother. In order to develop a plan, she thinks like an economist, using backward…

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