The Economics of Celebrity and Fame

Posted: September 20, 2014 in Uncategorized

Capture d’écran 2014-09-20 à 11.52.29

The laws of economics have a major impact on celebrity and fame. But do market forces alone determine who becomes famous?

For background reading on the economics of fame, see the Introduction to Tyler Cowen’s book What Price Fame? Also see these two articles in The Economist: “Celebrity Economics: Land of Hoped-for Glory” andThe Fame Machine“.

Also, see this series of articles under the title “The Celebrity Economy“. In particular, read “Why are Brad and Angie Worth so Much?“, “What Do You Get Just for Showing Up?“, and “How Much Can a Celebrity Make for Tweeting?

Some pop singers have been criticized for performing for dictators to earn big fees. On that subject, see “Singing for Dictatorships: You’re Not Alone J-Lo” and “J-Lo joins Beyonce and Mariah Carey in lineup for Dictator Divas“.

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