John Murray Press m.d. Nick Davies has nabbed a title by Alan Krueger, a former adviser of Barack Obama, that uses the music industry to explain “the dismal science of economics”.
Davies “acted swiftly” to pre-empt UK and Commonwealth rights (excluding Canada) from Gordon Wise at Curtis Brown for Rockonomics, making an offer on Sunday night (12th March) that Wise signed off the following afternoon.
Princeton professor Krueger was Obama’s chief economic adviser for three years, and he also served in the US Treasury. In Rockonomics, he will use the music world to show how economics works, as many factors that are integral to how finance works (supply and demand, demographics, income patterns) are also integral to the music industry.
Davies called it “pop economics at its best”, adding: “Just when I thought it was shaping up to be a low-key LBF, I got this stellar proposal. I’m thrilled to have won the book—and with an old-fashioned book fair pre-empt.”