Abbey's Bookshop Logo
Go to my checkout basket
Login to Abbey's Bookshop
Register with Abbey's Bookshop
Gift Vouchers
Browse by Category

facebook
Google Book Preview
Rockonomics: What the Music Industry Can Teach Us About Economics and Life
— —
Alan Krueger
Rockonomics: What the Music Industry Can Teach Us About Economics and Life by Alan Krueger at Abbey's Bookshop,

Rockonomics: What the Music Industry Can Teach Us About Economics and Life

Alan Krueger


9781473667891

John Murray


Music;
Business & Economics;
Behavioural economics;
International economics;
Advocate - Economics & Business


Paperback

336 pages

$32.99
In stock
Ready to ship
order qty:  
Add this item to my basket

Alan Krueger, the former chairman of the president's Council of Economic Advisers, uses the music industry, from rock artists to music executives, from managers to promoters, as a way in to explain the principles of economics, and the forces shaping our economic lives.

As economists recognize, the music industry is often a leading indicator of today's economy; it is among the first to be disrupted by the latest wave of technology, and examining the ins and outs of how musicians create and sell new songs and plan concert tours offers valuable lessons for what is in store for businesses and employees in other industries that are struggling to adapt.

Drawing on interviews with leading band members, music executives, managers, promoters, and using the latest data on revenues, royalties, tour dates, and merchandise, ROCKONOMICS takes readers backstage to show how the music industry really works--who makes money and how much, and how the economics of the music industry has undergone a radical transformation during the last twenty years.

Before digitalization and the ability to stream music over the Internet, rock musicians made the bulk of their income from record sales. Today, income from selling songs has plummeted, even for superstars like Taylor Swift; the real money nowadays is derived from concert sales. In 2016, for example, Billy Joel earned $212.4 million from his live performances, and less than $1 million from record sales and streaming. Even Paul McCartney, who has written and recorded more number one songs than anyone in music history, today, earns 93 percent of his income from live concerts. Krueger tackles common questions: How does a song become popular? And how does a new artist break out in today's winner-take-all economy?

By:   Alan Krueger
Imprint:   John Murray
Country of Publication:   United Kingdom
Dimensions:   Height: 233mm,  Width: 157mm,  Spine: 30mm
Weight:   432g
ISBN:   9781473667891
ISBN 10:   1473667895
Pages:   336
Publication Date:   June 2019
Audience:   General/trade ,  Professional and scholarly ,  General/trade ,  ELT Advanced ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

Alan Krueger was the Bendheim Professor of Economics and Public Affairs at Princeton University and Research Associate at the National Bureau of Economic Research. Formerly President Barack Obama's chairman of the White House Council of Economic Advisers, he was widely published on issues related to education, labour markets and income distribution.


A key voice on a vast array of economic issues for more than two decades * Barack Obama *

My Shopping Basket
Your cart does not contain any items.