By Krueger, Alan
Princeton economist and Former Chairman of President Obama's Council of Economic Advisers, Alan Krueger, has spent a lifetime studying the world's biggest markets. In Rockonomics, he provides an accessible, entertaining guide to economics of everyday life - as explained through t...he music industry. The core of his argument: in music as in life, the rich are getting richer while the rest are struggle to make ends meet. Success in both worlds is partly due to technological change, and partly a matter of luck. These and other economic factors play out every day in our jobs and lives. Few of us really understand them, and yet they can prepare us for the changes in store in the 21st Century economy. With fascinating access music industry executives, stars including Quincy Jones, managers of superbands including Metallica and the Red Hot Chili Peppers, up-and-comers, software designers and fans, Krueger's tour of the musical universe illustrates the threats, uncertainties and hopes of the economic forces that shape our lives.Read more
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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.
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