A Handbook of Cultural Economics
Edward Elgar Publishing, Jan 1, 2003 - Business & Economics - 494 pages
'Ruth Towse is to be congratulated on assembling such a high quality range of writers on cultural economics and on orchestrating their contributions so expertly. From anthropology and auctions through copyright and superstars to visual arts and welfar
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Management of the arts
Marketing the arts
Baumols cost disease
Corporate arts sponsorship
Costs of production
Criticism in the arts
Dealers in art
Economic impact of the arts
Fixed book price
Sociology of art
Support for artists
Value of culture
Other editions - View all
activities analysis art market artists arts institutions arts sector auction ballet Baumol Baumol's cost disease behaviour benefits broadcasting cent Chapter choice Cointegration commercial competition consumers consumption Contingent Valuation corporate countries creative Cultural Economics cultural industries cultural policy cultural sector cultural tourism dealers demand distribution economists Edward Elgar effects efficiency example factors festivals film firms fixed book prices funding galleries global heritage important incentive income increase indicators individual inputs Internet Journal of Cultural labour marginal market failure media economics museums nomic non-profit opera output paintings performing arts political price discrimination problem production programmes publishing record company regulation rent-seeking resale price maintenance revenues role social specific studies subsidies taste television theatre theory Throsby tion Towse trade tural University Press welfare economics
Page 20 - The pecuniary recompence, therefore, of those who exercise them in this manner, must be sufficient, not only to pay for the time, labour, and expense of acquiring the talents, but for the discredit which attends the employment of them as the means of subsistence. The exorbitant rewards of players, opera-singers, opera-dancers, etc.
Page 20 - It seems absurd at first sight that we should despise their persons, and yet reward their talents with the most profuse liberality. While we do the one, however, we must of necessity do the other. Should the public opinion or prejudice ever alter with regard to such occupations, their pecuniary recompense would quickly diminish.
Page 20 - Should the public opinion or prejudice ever alter with regard to such occupations, their pecuniary recompense would quickly diminish. More people would apply to them, and the competition would quickly reduce the price of their labour. Such talents, though far from being common, are by no means so rare as is imagined. Many people possess them in great perfection, who disdain to make this use of them; and many more are capable of acquiring them, if anything could be made honourably by them.
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Understanding International Art Markets and Management
No preview available - 2005