Friday

May 3rd, 2024

Insight

Bill Gates, Jeff Bezos, Elon Musk . . . and Paul McCartney

Tyler Cowen

By Tyler Cowen Bloomberg View

Published Dec. 10, 2021

"The Beatles: Get Back" documentary, which is my pick for best movie of the year, showcases an underappreciated aspect of Paul McCartney: He's more than just an artistic genius — he's one of the greatest managerial talents of the last century.

In a recent interview, Ringo Starr put it well: "If Paul hadn't been in the band, we'd probably have made two albums, because we were lazy boogers. But Paul's a workaholic. John and I would be sitting in the garden taking in the color green from the tree, and the phone would ring, and we would know, ‘Hey lads, you want to come in? Let's go in the studio!'"

"Get Back" presents a reality-TV show version of this process in action. Almost everything that gets done goes through Paul. He is energetically testing and trying to improve musical ideas, whether his own or those of the group. He always seems focused. In one scene, while experimenting on the bass guitar for a few minutes, he seems to conjure up the song "Get Back" from virtually nothing.

He has what Silicon Valley venture capitalists call "founder energy." Chris Dixon, a partner at the VC firm Andreessen Horowitz and a professional judge of (non-musical) talent, tweeted how much respect he gained for McCartney by watching the documentary. The Beatles were one of the greatest startups of their generation: In addition to making music, they revolutionized social mores on a wide range of issues, including sex, drugs, fashion and politics.

As for work ethic, Paul has been writing and performing songs since 1956 with no real breaks. The sessions for the "Let It Be" concert and album, as portrayed in "Get Back," started only a few weeks after the work on the so-called White Album was concluded. And after "Let It Be" was to come "Abbey Road," the Beatles album where Paul most clearly takes the lead.

After the Beatles broke up, McCartney kept going. Many fans and critics prefer his work with the Beatles, but the totality of his achievements is jaw-dropping. He has three solo albums on which he plays every instrument, and he has composed in virtually every musical genre, including heavy metal, blues, music hall, country and western, gospel, Latin, pastiche, psychedelia, electronica, new wave, drone, lounge, reggae and more. Working with producer George Martin, he was one of the first popular musicians to master the use of the recording studio, in spite of having no technical background. He also learned how to compose for classical orchestra and wrote several major choral works, including the well-received "Ecce Cor Meum."

His vocal range once spanned four octaves and he is considered one of the greatest bass players of all time. The list of those he has collaborated with includes not only John Lennon and George Harrison, but also Ravi Shankar, Michael Jackson, Stevie Wonder, Elvis Costello, Carl Perkins, the Everly Brothers, Kiri Te Kanawa, David Gilmour, Kanye West and Rihanna. He studied the avant-garde and helped incorporate the ideas of John Cage and Karlheinz Stockhausen into popular music.

Sign up for the daily JWR update. It's free. Just click here.

He grew up in a very poor area of Liverpool (you still can visit the house) and became music's first billionaire, through royalties from songwriting, revenue from concerts and shrewd investments in royalty rights to others' songs (he also inherited money from his late wife). Well into his 70s, he was still putting on 2 1/2-hour live shows, a practice stopped only by the pandemic.

He has been an active painter, published two children's books, and this year oversaw the production of the gorgeous two-volume set "The Lyrics," a memoir of sorts told through his songs. He was also, by all accounts, a very active father, helping to raise five children.

McCartney was not a perfect manager. At times he pushed Harrison too hard, and that led to Harrison threatening to leave the Beatles, as shown in "Get Back," which resulted in a more general group dissatisfaction. In his solo career he has sometimes released sub-par material and been too tolerant of less talented subordinates.

Still, the point stands: The ranks of great founders and managers rightly includes people such as Elon Musk, Jeff Bezos and Bill Gates. But that list is longer and more diverse than is commonly believed — and Paul McCartney stands pretty close to the top of it.

(COMMENT, BELOW)

Cowen is a Bloomberg View columnist. He is a professor of economics at George Mason University and writes for the blog Marginal Revolution. His books include "The Complacent Class: The Self-Defeating Quest for the American Dream."

Previously:
12/08/21 The only two pieces of advice you'll ever need
11/29/21 Nuclear fusion is close enough to start dreaming
10/27/21 America's national mood disorder
06/10/21 Lifting of mask mandates poses a challenge for Libertarians
05/28/21 Why economics is failing us
04/19/21We need green energy. We don't need green jobs
04/14/21 Libertarianism isn't dead. It's just reinventing itself
04/05/21 What does the world need? More humans
02/10/21 If Biden goes big now, he may have to go small later
01/12/21 Covid improved how the world does science
12/07/20 How to make sure your complaint is heard
10/27/20 It's getting better and worse at the same time
09/14/20 How to be happy during a pandemic
09/04/20 Trump is winning the vaccine debate with public health experts
07/01/20 Why Americans are having an emotional reaction to masks
05/20/20 Covid-19 will expose the ghosts in the U.S. economy
05/07/20 Are aliens visiting us? US military seems to think so
05/06/20 America's reopening will depend on one thing --- trust
04/22/20 How the covid-19 recession is like World War II
04/15/20 America is returning to 1781
04/08/20 Covid-19 is is upending everything for status seekers
03/17/20 The coronavirus will usher in a new era of entertainment
01/28/20 Social Security isn't doomed for younger generations
01/08/20 Why 2020 is harder to predict than 2019 was
12/02/19 Equality is a mediocre goal so aim for progress
11/25/19 Inflation inequality creates winners and losers
11/09/19 OK kids. This boomer has had enough
10/20/19 Would you bet against Trump in 2020?
09/25/19 The right industrial policy for America
09/24/19 Harvard's legacies are nothing to be proud of
09/02/19 Yes, the Fed could still stop a recession
08/20/19 A trade deal with China wouldn't change much
07/29/19 How your personality traits affect your paycheck
07/16/19 Internet 101 should be a required class
05/28/19 How Dems actually are the ANTI-immigrant party
04/23/19 Want to help fight climate change? Have more children
03/22/19 America isn't as divided as it looks
03/12/19 The Twitter takeover of politics: You ain't seen nothing yet
03/04/19 How to tell which Dem dreams won't come true
02/07/19: Now the Dems want to end America's nuclear first strike option. How clueless is that?
01/29/19: The shutdown hit a lot of government workers --- hard. But, ultimately, who is responsible for their unfortunate circumstances?
12/12/18: The West is abusing its legal power to punish people or institutions that do things it doesn't like. It better stop
10/23/18: The US needs Saudi Arabia, and vice versa
10/19/18: The right finds the perfect weapon against the left
07/24/18: The drive for the perfect child gets a little scary
06/04/18: Side effects of the decline of men in labor market
05/14/18: Proving Marx's theories right
05/08/18: Holding up a mirror to intellectuals of the left
05/01/18: Virtual reality will make lives better ... mostly
04/16/18: It's hard to burst your political filter bubbleIt's hard to burst your political filter bubble
04/09/18: The missing key to grasping why American politics seems to have become more polarized, with no apparent end in sight
04/05/18: Two American power centers are about to clash
03/22/18: We fear what we can't control about Uber and Facebook
03/08/18: How to stop the licen$ing insanity
01/10/18: Polarized Congress needs to bring back earmarks
12/27/17: The year when the Internet collides with reality
11/07/17: Would you blame the phone for Russian interference?
10/23/17: North Korea is playing a longer game than the US
10/12/17: Why conservatives should celebrate Thaler's Nobel
08/02/17: Too many of today's innovations are focused on solving problems rather than creating something new

Columnists

Toons