How Much Did the Musicians of Woodstock Get Paid?
13 Mar 2015 Leave a comment
in labour economics, labour supply, Music Tags: superstar effect
Evidence of mass kidnappings of Occupy protesters
03 Feb 2015 Leave a comment
in economics of media and culture, politics - Australia, politics - New Zealand, politics - USA Tags: activists, do gooders, expressive voting, Left-wing hypocrisy, occupy movement, superstar effect
Because the most-popular songs now stay on the charts for months, the relative value of a hit has exploded.
The top 1 percent of bands and solo artists now earn 77 percent of all revenue from recorded music, media researchers report. And even though the amount of digital music sold has surged, the 10 best-selling tracks command 82 percent more of the market than they did a decade ago.
The advent of do-it-yourself artists in the digital age may have grown music’s long tail, but its fat head keeps getting fatter.
The only explanation for the failure of the Twitter Left to protest against this concentration or of wealth and massive rise in ticket prices to the downtrodden young public that go to concerts is a mass kidnapping of the protesters in the Occupy Wall Street movement.
Utopia, you are standing in it! 
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