A business columnist for the New York Times estimated that the wealth of J.K. Rowling, author of

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A business columnist for the New York Times estimated that the wealth of J.K. Rowling, author of the Harry Potter novels, at $1.2 billion. The columnist observed, “Along with other famous authors, entertainers and sports stars, Ms. Rowling has also benefited from globalization and technology advances.” What technology advances is he likely referring to? Why would those advances increase Rowling’s wealth compared with the wealth of a similarly popular author of, say, the 1960s?

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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