Heterodox
Tyler Cowen links to an article suggesting that Taylor Swift’s upcoming concerts in London may boost inflation and delay an interest rate cut by the Bank of England. I am not a macroeconomist, but color my skeptical. For one thing, a short blip in the demand for hotel rooms in London will likely increase room rates, but this increase really will be temporary – it will reverse as soon as Swift leaves town. More significantly, spending on...
Read More »Chris Morris — Taylor Swift Made $54 Million for 6 Days Work. How’d You Do?
The power of the mass market. The difference in wealth that is not inherited lies largely in access to the mass market and control of intellectual and artistic property.FortuneTaylor Swift Made $54 Million for 6 Days Work. How’d You Do? Chris Morris
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