Here’s Alan Kreuger’s lecture on the economy. It touches on all hot topics; inequality, wages, and the fall of the middle class. But he starts with rock and roll:
The music industry has undergone a profound shift over the last 30 years. The price of the
average concert ticket increased by nearly 400% from 1981 to 2012, much faster than the 150% rise in overall consumer price inflation (slide 1). And prices for the best seats for the best performers have increased even faster.At the same time, the share of concert revenue taken home by the top 1% of performers has more than doubled, rising from 26 percent in 1982 to 56 percent in 2003 (slide 2). The top 5 percent take home almost 90 percent of all concert revenues.
This is an extreme version of what has happened to the U.S. income distribution as a whole. The top…
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Utopia, you are standing in it! 
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