This episode we tackle Utility: the keystone concept explaining why consumers choose what they choose. What is utility? This discussion explores differing perspectives on the fundamental idea, digging into how economists model human desire with tools like indifference curves, preference maps, and the marginal rate of substitution. The episode also examines core assumptions (like "more is better") and the constraints that bind everyone, like the all-powerful budget constraint, to question if humans are simply "utility maximizers."

Economics is Metal!

Music: ⁠Darasuum⁠ - ⁠Drown⁠

Hosts: Josh Goddard & David Ingram

Producer: David Ingram

⁠⁠https://metalomicspodcast.com/⁠⁠⁠

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

How do you build a better world when you're still figuring out how to navigate this one? This podcast is a manual for the citizen economist in all of us. We're skipping the jargon and breaking it down barney style. In our first toolbox episode we'll arm you with the principles, theories, and tactics to navigate our complex world and start making a difference.

Economics is Metal!

Music: Arcturus Rising - Brand of Sacrifice & Dead God Rising

Hosts: Josh Goddard & David Ingram

Production: Frequency Factory

⁠https://metalomicspodcast.com/⁠⁠

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

It seems like a stupid question. The answer is cash, right? Well, no. Not really. Cash has only been around for a few hundred years. Besides, how much cash is in circulation compared to how much “money” is exchanged for goods and services without anyone ever seeing what has historically been regarded as a physical object? In this episode, we seek to understand a little bit more about the concept of money, where it came from, what it represents, and how it might evolve in the future.

Music: ⁠Crawling Through Tartarus - The Fall of Atlas

Hosts: Josh Goddard & David Ingram

Production: Frequency Factory

⁠https://metalomicspodcast.com/⁠

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