Alan Krueger

Books Raphael Sagalyn, +1 240 802 2760 Email Raphael Sagalyn


book | Non-Fiction | May 2019
US & Canada → Crown Publishing (Ed. Roger Scholl)
UK & Comm → John Murray (Ed. Nick Davies)

A Behind-the-Scenes Tour of What the Music Industry can Teach Us About Economics and Life

"A key voice on a vast array of economic issues." — Barack Obama 

Alan Krueger, the former chairman of the president's Council of Economic Advisers, uses the music industry, from rock artists to music executives, from managers to promoters, as a way in to explain the principles of economics, and the forces shaping our economic lives.

As economists recognize, the music industry is often a leading indicator of the economy; it is among the first to be disrupted by the latest wave of technology, and examining the ins and outs of how musicians create and sell new songs and plan concert tours offers valuable lessons for what is in store for businesses and employees in other industries that are struggling to adapt.

Drawing on interviews with leading band members, music executives, managers, promoters, and using the latest data on revenues, royalties, tour dates, and merchandise, Rockonomics takes readers backstage to show how the music industry really works — who makes money and how much, and how the economics of the music industry has undergone a radical transformation during the last twenty years.

Before digitalization and the ability to stream music over the Internet, rock musicians made the bulk of their income from record sales. Today, income from selling songs has plummeted, the real money now is derived from concert sales. In 2016, for example, Billy Joel earned $212.4 million from his live performances, and less than $1 million from record sales and streaming. Even Paul McCartney, who has written and recorded more number one songs than anyone in music history, today, earns 93 percent of his income from live concerts. Krueger tackles common questions: How does a song become popular? And how does a new artist break out in today's winner-take-all economy?


Audio Rights


Film Rights


Sophie Baker manages the translation rights for Rockonomics

Translation Rights Sold

Chinese Complex
Commonwealth Publishing Co.
Chinese Simple
Mainland China
China South Booky Culture Media Co. Ltd
Nieuw Amsterdam
Rizzoli Editore
Diamond Inc Japan
Temas e Debates
Editorial Paidos
Raphael Sagalyn
+1 240 802 2760
Email Raphael Sagalyn
Gordon Wise
+44 (0) 20 7393 4420
Email Gordon Wise
Translation Rights
Sophie Baker
+44 (0)20 7393 4425
Email Sophie Baker
Translation Rights
Jake Smith-Bosanquet
+44 (0)20 7393 4425
Email Jake Smith-Bosanquet