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And that Stevie is Stevie Wonder. In the coming months, we're looking to explore topics like how streaming has revolutionized the music industry, how payola works, and how to manufacture a hit. BERAS: Sugar Daddy and the Gumbo Roux, the band - they like the song. ERIKA BERAS, BYLINE: So we put it in a cassette player and... (SOUNDBITE OF SONG, "INFLATION"). He has shows here and there. MARY LOUISE KELLY, HOST: Earlier this year, our Planet Money podcast got their hands on a song about inflation that was recorded 47 years ago but never released. We look forward to serving you again. Today, we're shining a light on a song sung by one of Baton Rouge's own, Earnest Jackson. Yes, indeed, 'cause that's been my dream since I was a little boy. GONZALEZ: This is 14-year-old Earnest. JACKSON: I've never been signed by a label. There are a few ways to get royalties on a song. JACKSON: Yeah, Sugar Daddy and the Gumbo Roux (laughter).
The band collaborated with a singer named Earnest Jackson, who had written a song with lyrics that captured that era's zeitgeist. JACKSON: (Singing) Inflation, why don't you get... NPR transcripts are created on a rush deadline by an NPR contractor. You want to be on Q106. It's an industry where artists regularly get pennies on the dollar for the songs they create. Roux Garoux - Roux for Gumbos & Stews. BERAS: The band that recorded it was called Sugar Daddy and the Gumbo Roux. GONZALEZ: We asked Q106. Planet Money Records has the sole purpose of releasing and promoting Jackson's "Inflation" song. We went on Saturday night for the first time and the food and service were excellent. JACKSON: Oh, man, that's out of sight. I don't have any idea. In case the song does become popular, he wants a real share in it. The bass player is actually a very young Randy Jackson, original judge on "American Idol. " BERAS: This is the singer, Earnest Jackson.
So it's... GONZALEZ: Well, it cost us a fair amount. As they roll out the next few episodes using Jackson's song as a vehicle for exploring the intricacies of the music industry, "Inflation" has hit the airwaves. SUGAR DADDY AND THE GUMBO ROUX: You know... GONZALEZ: It's a song... SUGAR DADDY AND THE GUMBO ROUX:.. the food and rent going up daily... GONZALEZ:... A cool one about inflation. We're happy we could make your day even better, and we'll look forward to seeing you again. And Kinny gets a text message from a friend, Arthur Rouse.
You can find it on Spotify and Apple Music. You see, inflation... GONZALEZ: He's just kind of smiling and shaking his head like, no, no, no, no, no, no. Automated moderation removes spam, reposts, household name bands, and poor amateur music. GONZALEZ: Our label, Planet Money Records. BERAS: So we pick up Earnest one day for a highly orchestrated car ride. © 2023 Pandora Media, Inc., All Rights Reserved. Is this actually - that's Q106, right?
SOUNDBITE OF CAR HORN HONKING). To make money, lots of people need to listen to the song. In setting up our own record label, Planet Money wanted to avoid the shady practices that are all too common in the music business. Planet Money explains the economic forces that shape our lives. Props to Blanca for the great attention during our meal. JACKSON: Yeah - Q106. BERAS: This is Kinny, the keyboardist, again. Thank you for your support, and we will see you again soon. JACKSON: I get the 80%, and y'all get the 20%. Non-personalized content and ads are influenced by things like the content you're currently viewing and your location (ad serving is based on general location). It'll all be worthwhile if there's a hit. BERAS: Everyone from this band went on to be pretty successful musicians, playing with famous people. BERAS: Oh, no (laughter).
Kinny had given Arthur a cassette copy of "Inflation" decades before. On this royalty, Earnest will get 67. BERAS: What do you think it is? We'll look forward to making you another amazing meal.
BERAS: That seems unfair. Tripadvisor performs checks on reviews. JACKSON: A lot of people say I sound like Satchmo, you know, even when I talk - Satchmo, Louis Armstrong. From Planet Money Records, here's Erika Beras and Sarah Gonzalez. Sidebar features multireddits that include all 600+ of the other music subreddits.
22 on the Billboard Magazine Hot 100 Charts. Select "More options" to see additional information, including details about managing your privacy settings. JACKSON: Fourteen - yeah, 14. The bartender, waitress, and manager were so accommodating and sweet!
The song was called "Inflation. And the song disappeared. This is where that mission finally ended. Listen on Apple Music.
"Inflation, " a funky, bass-heavy tune about the woes of economic downturn and soaring prices. If you choose to "Accept all, " we will also use cookies and data to. We will look forward to your next visit. Understanding why prices rise, what causes it and who it hurts most.