Taylor Swift Has an Economics Lesson for You

The music business is a microcosm of the world economy.

What if the music industry could be used as a guide to important principles in business and the economy? It would sure make introductory economics courses more fun. The idea is not as fanciful as it might sound: As Alan Krueger shows in “Rockonomics,” music is a microcosm of the wider business world and provides all sorts of insights into today’s economy.

Read Peter’s full article here.