FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB

SUMMARY Rockonomics

Rockonomics

SUMMARY Rockonomics READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger Alan B. Krueger Ù 6 FREE DOWNLOAD Alan Krueger a former chairman of the president's Council of Economic Advisers uses the music industry from superstar artists to music executives from managers to promoters as a way in to explain key principles of economics and the forces shaping our economic livesThe music industry is 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 ar No one else could have written a book with this range Rockonomics draws on economic theory standard government surveys proprietary administrative data a uniue survey fielded by the author and interviews with a range of people in the music industry It covers just about every aspect of the music industry The book focuses on the economics of the music industry including a number of familiar themes like how streaming revenue is rising but recorded music primarily drives touring revenue how live ticket prices are set how merchandise is marketed how streaming is changing the makeup of songs and Relatively little of this was revelatory as someone who only casually follows these issues I knew most of it but all of it was definitive and authoritative A secondary purpose of the book and it is secondary notwithstanding the subtitle is to use the music industry to illustrate a number of economic concepts like superstars and ineuality the behavioral economics that leads stars to underprice their tickets for fear of sending the wrong signal the economics of incomplete contracts the endogenaity of preferences and even simple demand curves but in advertising revenueIt is hard not to linger over the references in the book to artists that died prematurely including some sympathetic references to them dying at their own hands This plus the broad range of Rockonomics makes it all the harder to accept the fact that Alan Krueger will not write another book

READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger

SUMMARY Rockonomics READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger Alan B. Krueger Ù 6 FREE DOWNLOAD E struggling to adaptDrawing on interviews with leading band members music executives managers promoters and using the latest data on revenues royalties streaming tour dates and merchandise sales 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 recent decadesBefore digitalization and the ability to stream music over the Internet rock stars made much of their income from record sales Today income from selling songs has plummeted even for super Alan Kruger passed away earlier this year He was a prolific and widely cited Princeton economist I was most familiar with his research on minimum wage laws and their effects but he was active in many areas Then I heard about this book on the economics of the music business Anyone seriously interested in the music business especially since Napster will likely learn much from this book and will miss Alan Krueger after reading itThe rap on economics research applied to business is that it is too global or macro and also much to abstract and driven by statistics and data Since the publication of books like Freakonomics that provide solid and incisive economic analysis on real life problems and situations Unfortunately the supply of accessible books on businesses that provide analysis and insight than sales pitch and war stories has not kept up with the demandThis is especially the case for industry studies which examine entire related areas of business Such analyses inform about what anyone in a business is trying to do and what businesses in a given industry or sector need to do in order to succeed even at a modest level Industry studies provide the broad set of institutions and rules within which any firm even a great one must operate in order to excel and beat its competitors The industry is the larger set of activities and actors that make a business possible at all Understanding the industry is key to knowing how anyone gets to make money in a given area This is especially true for popularly accessible areas like music that affect everybody in a wide variety of ways Seriously how many people have entertained the thought of being a musical performer at some time in their lives and how many people know of others trying to pursue such a career Few of us know people who have really succeeded in spite of the long oddsThere have been lots of popular books detailing the current state of the music or related pop culture businesses These books describe recent developments include case studies of individuals and sometimes even collect some data or uote someone who does Very few of these books do a good job at explaining how the music business works in terms that can be used to explain a variety of industries and professions The variation in experiences is wide data are scarce and the extreme examples are already well known through the mediaKrueger s extraordinary book looks at the music business through the conceptual frameworks of a top economist and adds to that some significant data analysis of important data bases and interviews with real industry players There are also lots of references for those wishing to read Before looking for other books however the reader will need to digest the feast that Krueger provides This is a well written eye opening and informative book although some niche areas in the music business receive much attention than othersKrueger s book is organized around seven general economic concept areas that he revisits as needed in his chapters These include supply and demand scale and non substitutability the role of luck complementarities price discrimination costs and non monetary values These ideas are developed in eleven chapters nearly all of which feature some extended interviews as well as the analysis The book has a nice set of photos of major stars and even has an appendix on the analyses of the Pollstar database reported in the bookI rated the book a 4 but could have easily chosen a 5 instead Whether I change will depend on how the analysis seems after I think on it a bit So I am at a 45 right now Fishes of the Open Ocean using the latest data on revenues royalties streaming tour dates and merchandise sales 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 Out of Bounds undergone a radical transformation during recent decadesBefore digitalization and the ability to stream music over the Internet rock stars made much of their income from record sales Today income from selling songs has plummeted even for super Alan Kruger passed away earlier this year He was a prolific and widely cited Princeton economist I was most familiar with his research on minimum wage laws and their effects but he was active in many areas Then I heard about this book on the economics of the music business Anyone seriously interested in the music business especially since Napster will likely learn much from this book and will miss Alan Krueger after reading itThe rap on economics research applied to business is that it is too global or macro and also much to abstract and driven by statistics and data Since the publication of books like Freakonomics that provide solid and incisive economic analysis on real life problems and situations Unfortunately the supply of accessible books on businesses that provide analysis and insight than sales pitch and war stories has not kept Grass Sky Song up with the demandThis is especially the case for industry studies which examine entire related areas of business Such analyses inform about what anyone in a business is trying to do and what businesses in a given industry or sector need to do in order to succeed even at a modest level Industry studies provide the broad set of institutions and rules within which any firm even a great one must operate in order to excel and beat its competitors The industry is the larger set of activities and actors that make a business possible at all Understanding the industry is key to knowing how anyone gets to make money in a given area This is especially true for popularly accessible areas like music that affect everybody in a wide variety of ways Seriously how many people have entertained the thought of being a musical performer at some time in their lives and how many people know of others trying to pursue such a career Few of Otter Chaos Otter Chaos #1 us know people who have really succeeded in spite of the long oddsThere have been lots of popular books detailing the current state of the music or related pop culture businesses These books describe recent developments include case studies of individuals and sometimes even collect some data or The Illusionists uote someone who does Very few of these books do a good job at explaining how the music business works in terms that can be The Last Testament used to explain a variety of industries and professions The variation in experiences is wide data are scarce and the extreme examples are already well known through the mediaKrueger s extraordinary book looks at the music business through the conceptual frameworks of a top economist and adds to that some significant data analysis of important data bases and interviews with real industry players There are also lots of references for those wishing to read Before looking for other books however the reader will need to digest the feast that Krueger provides This is a well written eye opening and informative book although some niche areas in the music business receive much attention than othersKrueger s book is organized around seven general economic concept areas that he revisits as needed in his chapters These include supply and demand scale and non substitutability the role of luck complementarities price discrimination costs and non monetary values These ideas are developed in eleven chapters nearly all of which feature some extended interviews as well as the analysis The book has a nice set of photos of major stars and even has an appendix on the analyses of the Pollstar database reported in the bookI rated the book a 4 but could have easily chosen a 5 instead Whether I change will depend on how the analysis seems after I think on it a bit So I am at a 45 right now

Alan B. Krueger Ù 6 FREE DOWNLOAD

SUMMARY Rockonomics READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger Alan B. Krueger Ù 6 FREE DOWNLOAD Stars like James Taylor and Taylor Swift The real money nowadays is derived from concert sales In 2017 for example Billy Joel earned 274 million from his live performances and less than 2 million from record sales and streaming Even Paul McCartney who has written and recorded number one songs than anyone in music history today earns 80 percent of his income from live concerts Krueger tackles commonly asked uestions How does a song become popular And how does a new artist break out in today's winner take all economy How can musicians and everyday workers earn a living in the digital economy Alan Krugers last book is indeed a doozy it answers pretty much every uestion one might have about the Economics of the music industry and how it relates to the overall trends our economy has been facing for the past few decadesOf Primary intrest is how artists and producers has adapted to the rise of streaming mostly by touring a lot the winner take all nature of the music industry which parallels the trend in our society for the widening of the wealthIncome ineuality the importance of luck in success the importance of intellectual property rights in the creation of music and how they sometimes go too far and the uniue pricing mechanics for ticketing where of great interest to myselfThe book is also filled with than a few fun econ nuggets of information that are of interest Like did you know that since the 1990 s that the price of live shows has grown at a faster rate than the cost of Healthcare in America Did you know that on average we only spend 10 cents a day on music How about that the amount we spend on music is less than we spend on potato chipsThat kind of stuff makes this book well worth reading It s a real tragedy that Alan Kruger is no longer with us Economics has lost a truly gifted mindI recommend anyone interested to check it out if they get the chance


10 thoughts on “FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB

  1. says: FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB SUMMARY Rockonomics

    READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB No one else could have written a book with this range Rockonomics draws on economic theory standard government surveys proprietary administrative data a uniue survey fielded by the author and interviews with a range of people in the music industry It covers just about every aspect of the music industry The book focuses o

  2. says: SUMMARY Rockonomics FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB

    SUMMARY Rockonomics FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB Rockonomics Alan B Krueger 2019 325pp ISBN 9781524763718A light introduction to the money aspect of the music business See

  3. says: READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB Alan B. Krueger Ù 6 FREE DOWNLOAD

    FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB Princeton economics professor Alan Krueger examines the music industry hoping to demonstrate the study of economics through the prism of popular music and hoping to draw parallels to the economy at large The result is of a book about the music business than about economics but I wager that most readers are interested in the business than in economics so consider that a successI may be an exception to the rule having come close

  4. says: FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB

    READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB Alan B. Krueger Ù 6 FREE DOWNLOAD I loved loved loved Rockonomics it makes my heart break that Alan Krueger will not live to see the success this b

  5. says: FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB Alan B. Krueger Ù 6 FREE DOWNLOAD SUMMARY Rockonomics

    FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB Let's get one thing out of the way This is neither the sort of exhaustive coverage of recorded and performance popular music that David Byrne gave us in How Music Works nor is it the popularization of macroeconomic theory and pop culture provi

  6. says: FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB

    FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB SUMMARY Rockonomics Alan Kruger passed away earlier this year He was a prolific and widely cited Princeton economist I was most familiar with his research on minimum wage laws and their effects but he was active in many areas Then I heard about this book on the economics of the music business Anyone seriously interested in the music business especially

  7. says: Alan B. Krueger Ù 6 FREE DOWNLOAD READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB

    SUMMARY Rockonomics READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger Alan B. Krueger Ù 6 FREE DOWNLOAD “Rockonomics” is a somewhat frustrating read a potentially excellent idea that isn’t executed as adeptly as it could be and ultimately falls a little flat It might sound strange to say this about a book by a Princeton economics professor on the financial underpinnings of the music industry but it’s major failing is that it focuses too much on the inner machinations of the music business at the expense

  8. says: FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB

    FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB If you are a music geekfan or if you want to know about music industry this a book for you If you aren'tthink twice

  9. says: FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB SUMMARY Rockonomics

    SUMMARY Rockonomics FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB Alan Krugers last book is indeed a doozy it answers pretty much every uestion one might have about the Economics of the music industry and how it relates to the overall trends our economy has been facing for the past few decadesOf Primary intrest is how artists and producers has adapted to the rise of streaming

  10. says: Alan B. Krueger Ù 6 FREE DOWNLOAD READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger SUMMARY Rockonomics

    SUMMARY Rockonomics FREE DOWNLOAD Rockonomics î PDF, eBook or Kindle ePUB READ & DOWNLOAD ¹ PDF, eBook or Kindle ePUB Ù Alan B. Krueger A fabulous must read book that teaches you tons about business economics musicWhat’s compelling The nitty gritty details of how the business of music really works What makes money the scams scoundrels scalawags success levers involved Stunning revelations about consumption payouts in the music industry even

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  • Hardcover
  • 336
  • Rockonomics
  • Alan B. Krueger
  • en
  • 09 August 2019
  • 9781524763718