As the old music business cycle unfolded, top performers got a substantial cash advance to make an album, they toured for several months or maybe a year and then MTV promoted their videos. At that point, they took a break…
The United States just got a little richer but not because of the economic recovery. We are just changing what is included in the GDP. First a little history. I have always been fascinated by the story of Simon Kuznets. A…
From a guest blogger, Frances Bird, AP econ student: Lady Gaga, America’s current pop queen sensation, is being used to boost Amazon sales, if not permanently, then temporarily. Amazon is using Lady Gaga’s recent album, Born This Way, to compete…
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