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Book The Economics of American Art

Download or read book The Economics of American Art written by Robert B. Ekelund Jr. and published by Oxford University Press. This book was released on 2017-07-03 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapidly changing and evolving art market might appear to be chaotic to the casual observer, with new highs, potential lows, and tastes and fashions changing season to season. Economists, however, view the actions of buyers and sellers as constituting an identifiable market. They have, for some decades, studied such issues as artistic productivity and "death effects" on prices, investment returns, and on the basis of the behavior and estimated prices in auction markets. The Economics of American Art analyzes the most pervasive economic issues facing the art world, applied to the whole spectrum of American art. The book begins by looking at how a market for American art developed, how the politics of the post-war era shaped, at least in large part, the direction of American art, and how this legacy continues into contemporary art today. The book then tackles several salient, integral questions animating the American art world: Are age and "type" of artist (i.e. traditional or "innovative") related and, if so, how might they be related to productivity? Is investment in American art a remunerative endeavor compared to other investment possibilities? Do economic insights provide understanding of fakes, fraud and theft of art, particularly American art, and is it possible to prevent art crime? Is there is a boom (or a bust) in the market for contemporary American art as might be found in other markets? The ongoing evolution of American art is attended by a massive number of influences, and the economic concepts employed in this volume will complement other critical and important cultural studies of art. Both practical and accessible, The Economics of American Art will be essential for collectors, auction houses, American art experts of all kinds, museums, gallery owners and, not least, by economists with continuing scholarly interests in these matters.

Book The Economics Of The Arts

Download or read book The Economics Of The Arts written by Mark Blaug and published by Routledge. This book was released on 2019-07-16 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economics of the Arts is a new field with a small but rapidly-growing literature, which has emerged in recent years out of the eagerness of economists to apply their techniques to hitherto untried areas and the recognition by Arts administrators of the rapidly increasing economic pressures on the Arts. This book of readings is the first of its kind. Of the 16 articles, 8 are directly concerned with the Arts in America; the other 8 deal with the British scene. What can economics say about so non-economic a subject as the Arts? Obviously, finance for the Arts involves economic considerations. But in addition, economics provides, among other things, a logic of rational choice, and the economists' style of thinking, therefore, is adaptable to any problem of choice in respect of any set of goals, whether they be economic goals or not. Then, there is the question of whether economics can provide a case for public support for the Arts, that is, whether the State should subsidize the Arts. This is a familiar problem in the economics of welfare but its application to the Arts raises novel questions and even economists are not agreed on whether economics can provide such a rationale. Also, there is the question of criteria for public expenditure on the Arts, assuming that the case for some public expenditure has been made. Can economists tell us how much the State should spend on the Arts? Surely, they can help us with a host of other questions: should museums and galleries charge fees; should museums ever sell off parts of their collections; can the Arts economize on their expenditures; how can modern music be most effectively encouraged by public funds; are ticket prices an important element in the demand for the Arts; and does the low pay of artists discourage individuals from taking up artistic occupations?

Book Handbook of the Economics of Art and Culture

Download or read book Handbook of the Economics of Art and Culture written by and published by Newnes. This book was released on 2013-09-16 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume emphasizes the economic aspects of art and culture, a relatively new field that poses inherent problems for economics, with its quantitative concepts and tools. Building bridges across disciplines such as management, art history, art philosophy, sociology, and law, editors Victor Ginsburgh and David Throsby assemble chapters that yield new perspectives on the supply and demand for artistic services, the contribution of the arts sector to the economy, and the roles that public policies play. With its focus on culture rather than the arts, Ginsburgh and Throsby bring new clarity and definition to this rapidly growing area. Presents coherent summaries of major research in art and culture, a field that is inherently difficult to characterize with finance tools and concepts Offers a rigorous description that avoids common problems associated with art and culture scholarship Makes details about the economics of art and culture accessible to scholars in fields outside economics

Book Good and Plenty

Download or read book Good and Plenty written by Tyler Cowen and published by Princeton University Press. This book was released on 2009-01-10 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans agree about government arts funding in the way the women in the old joke agree about the food at the wedding: it's terrible--and such small portions! Americans typically either want to abolish the National Endowment for the Arts, or they believe that public arts funding should be dramatically increased because the arts cannot survive in the free market. It would take a lover of the arts who is also a libertarian economist to bridge such a gap. Enter Tyler Cowen. In this book he argues why the U.S. way of funding the arts, while largely indirect, results not in the terrible and the small but in Good and Plenty--and how it could result in even more and better. Few would deny that America produces and consumes art of a quantity and quality comparable to that of any country. But is this despite or because of America's meager direct funding of the arts relative to European countries? Overturning the conventional wisdom of this question, Cowen argues that American art thrives through an ingenious combination of small direct subsidies and immense indirect subsidies such as copyright law and tax policies that encourage nonprofits and charitable giving. This decentralized and even somewhat accidental--but decidedly not laissez-faire--system results in arts that are arguably more creative, diverse, abundant, and politically unencumbered than that of Europe. Bringing serious attention to the neglected issue of the American way of funding the arts, Good and Plenty is essential reading for anyone concerned about the arts or their funding.

Book The Economics of Art Museums

Download or read book The Economics of Art Museums written by Martin Feldstein and published by University of Chicago Press. This book was released on 2009-05-15 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Bureau of Economic Research organized a project to explore the economic issues facing the major art museums of the United States. For this purpose NBER defined economics broadly to include not only the financial situation of the museums but also the management and growth of museum collections, the museums' relationship with the public, and the role of the government in supporting art museums. This volume brings together nontechnical essays on these issues by economists associated with the NBER and personal statements by leaders of America's major national art museums and related foundations. It can be read not only by economists but also by museum officials and trustees. Museum directors generally come to their responsibilities with a background in art history and curatorial work but without experience in thinking about the management and public policy aspects of museum administration. Trustees who serve on museum boards generally have a background in business or law but have not previously tried to apply their experience to the unusual economic problems of museums. The background papers, the panelists' remarks, and the summary of the discussion will help them to approach their responsibilities with a better understanding of the problems and possibilities of the museum.

Book The Economics of Art and Culture

    Book Details:
  • Author : James Heilbrun
  • Publisher : Cambridge University Press
  • Release : 2001-04-23
  • ISBN : 9780521637121
  • Pages : 430 pages

Download or read book The Economics of Art and Culture written by James Heilbrun and published by Cambridge University Press. This book was released on 2001-04-23 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2001 second edition of this survey of the economics of - and public policy towards - the fine arts and performing arts covers arts at federal, state, and local levels in the United States as well as the international arts sector. The work will interest academic readers in the field and scholars of the sociology of the arts, as well as general readers seeking a systematic analysis of the arts. Theoretical concepts are developed from scratch so that readers with no background in economics can follow the argument. The authors look at the arts' historical growth and then examine consumption and production of the live performing arts and the fine arts, the functioning of arts markets, the financial problems of performing arts companies and museums, and the key role of public policy. A final chapter speculates about the future of art and culture in the United States.

Book The Economics of Art and Culture

Download or read book The Economics of Art and Culture written by James Heilbrun and published by . This book was released on 1993 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Good and Plenty

Download or read book Good and Plenty written by Tyler Cowen and published by Princeton University Press. This book was released on 2010-07-21 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans agree about government arts funding in the way the women in the old joke agree about the food at the wedding: it's terrible--and such small portions! Americans typically either want to abolish the National Endowment for the Arts, or they believe that public arts funding should be dramatically increased because the arts cannot survive in the free market. It would take a lover of the arts who is also a libertarian economist to bridge such a gap. Enter Tyler Cowen. In this book he argues why the U.S. way of funding the arts, while largely indirect, results not in the terrible and the small but in Good and Plenty--and how it could result in even more and better. Few would deny that America produces and consumes art of a quantity and quality comparable to that of any country. But is this despite or because of America's meager direct funding of the arts relative to European countries? Overturning the conventional wisdom of this question, Cowen argues that American art thrives through an ingenious combination of small direct subsidies and immense indirect subsidies such as copyright law and tax policies that encourage nonprofits and charitable giving. This decentralized and even somewhat accidental--but decidedly not laissez-faire--system results in arts that are arguably more creative, diverse, abundant, and politically unencumbered than that of Europe. Bringing serious attention to the neglected issue of the American way of funding the arts, Good and Plenty is essential reading for anyone concerned about the arts or their funding.

Book Economics of Visual Art

Download or read book Economics of Visual Art written by Amy Whitaker and published by Cambridge University Press. This book was released on 2021-08-12 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets -- Cost -- Price -- Structure -- Failure -- Power -- Labor -- Property -- Investment -- Systems.

Book The Civil War and American Art

    Book Details:
  • Author : Eleanor Jones Harvey
  • Publisher : Yale University Press
  • Release : 2012-12-03
  • ISBN : 0300187335
  • Pages : 353 pages

Download or read book The Civil War and American Art written by Eleanor Jones Harvey and published by Yale University Press. This book was released on 2012-12-03 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collects the best artwork created before, during and following the Civil War, in the years between 1859 and 1876, along with extensive quotations from men and women alive during the war years and text by literary figures, including Emily Dickinson, Mark Twain and Walt Whitman. 15,000 first printing.

Book The Economics of Art and Culture

Download or read book The Economics of Art and Culture written by James Heilbrun and published by Cambridge University Press. This book was released on 1993-07-30 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to cover not only the economics of the fine arts and performing arts in the United States but also public policy toward the arts at federal, state, and local levels. The book will interest academic readers seeking a core text on the economics of the arts and arts management as well as those seeking a systematic analysis of the arts in America. Theoretical concepts are developed from scratch so that readers with little background in economics can follow the arguments. The authors look at the arts' historical growth and then examine consumption and production, the functioning and financial problems of arts markets, the financial problems of performing arts companies and museums, and the key role of public policy. A final chapter speculates about the future of art and culture in the United States.

Book Economics of Art Auctions

    Book Details:
  • Author : Gianfranco Mossetto
  • Publisher : FrancoAngeli
  • Release : 2002
  • ISBN : 9788846441645
  • Pages : 260 pages

Download or read book Economics of Art Auctions written by Gianfranco Mossetto and published by FrancoAngeli. This book was released on 2002 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Handbook of the Economics of Art and Culture

Download or read book Handbook of the Economics of Art and Culture written by Victor A. Ginsburgh and published by Elsevier. This book was released on 2006-09-13 with total page 1401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last 30 or 40 years a substantial literature has grown up in which the tools of economic theory and analysis have been applied to problems in the arts and culture. Economists who have surveyed the field generally locate the origins of contemporary cultural economics as being in 1966, the year of publication of the first major work in modern times dedicated specifically to the economics of the arts. It was a book by Baumol and Bowen which showed that economic analysis could illuminate the supply of and demand for artistic services, the contribution of the arts sector to the economy, and the role of public policy. Following the appearance of the Baumol and Bowen work, interest in the economics of the arts grew steadily, embracing areas such as demand for the arts, the economic functions of artists, the role of the nonprofit sector, and other areas. Cultural economics also expanded to include the cultural or entertainment industries (the media, movies, the publishing industry, popular music), as well as heritage and museum management, property right questions (in particular copyright) and the role of new communication technologies such as the internet. The field is therefore located at the crossroads of several disciplines: economics and management, but also art history, art philosophy, sociology and law. The Handbook is placed firmly in economics, but it also builds bridges across these various disciplines and will thus be of interest to researchers in all these different fields, as well as to those who are engaged in cultural policy issues and the role of culture in the development of our societies. *Presents an overview of the history of art markets *Addresses the value of art and consumer behavior toward acquiring art *Examines the effect of art on economies of developed and developing countries around the world

Book The Lost Art of Economics

Download or read book The Lost Art of Economics written by David C. Colander and published by Edward Elgar Publishing. This book was released on 2001 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following up on his 1990 collection of essays Why Aren't Economists as Important as Garbagemen, Colander (Economics, Middlebury College, Vermont) reprints another 12 essays expressing his evolving ideas about the work and profession. They are intended for general academic readers, though he warns that economists will understand some parts than others, and to be fun to read. c. Book News Inc.

Book Markets and Cultural Voices

Download or read book Markets and Cultural Voices written by Tyler Cowen and published by University of Michigan Press. This book was released on 2009-11-10 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This intriguing work explores the world of three amate artists. A native tradition, all of their painting is done in Mexico, yet, the finished product is sold almost exclusively to wealthy American art buyers. Cowen examines this cultural interaction between Mexico and the United States to see how globalization shapes the lives and the work of the artists and their families. The story of these three artists reveals that this exchange simultaneously creates economic opportunities for the artists, but has detrimental effects on the village. A view of the daily village life of three artists connected to the larger art world, this book should be of particular interest to those in the fields of cultural economics, Latino studies, economic anthropology and globalization.

Book Art and Value

    Book Details:
  • Author : Dave Beech
  • Publisher : BRILL
  • Release : 2015-05-12
  • ISBN : 9004288155
  • Pages : 402 pages

Download or read book Art and Value written by Dave Beech and published by BRILL. This book was released on 2015-05-12 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Art and Value is the first comprehensive analysis of art's political economy throughout classical, neoclassical and Marxist economics. It provides a critical-historical survey of the theories of art's economic exceptionalism, of art as a merit good, and of the theories of art's commodification, the culture industry and real subsumption. Key debates on the economics of art, from the high prices artworks fetch at auction, to the controversies over public subsidy of the arts, the 'cost disease' of artistic production, and neoliberal and post-Marxist theories of art's incorporation into capitalism, are examined in detail. Subjecting mainstream and Marxist theories of art's economics to an exacting critique, the book concludes with a new Marxist theory of art's economic exceptionalism.

Book American Art to 1900

    Book Details:
  • Author : Sarah Burns
  • Publisher : Univ of California Press
  • Release : 2009-03-31
  • ISBN : 0520257561
  • Pages : 1100 pages

Download or read book American Art to 1900 written by Sarah Burns and published by Univ of California Press. This book was released on 2009-03-31 with total page 1100 pages. Available in PDF, EPUB and Kindle. Book excerpt: American Art to 1900 presents an astonishing variety of unknown, little-known, or undervalued documents to convey the story of American art through the many voices of its contemporary practitioners, consumers, and commentators. The volume highlights such critically important themes as women artists, African American representation and expression, regional and itinerant artists, Native Americans and the frontier, and more. With its hundreds of explanatory headnotes, this book reveals the documentary riches of American art and its many intersecting histories. -back cover.