Description
Book SynopsisThese volumes contain a spread of influential articles on economic issues arising in all aspects of the cultural sector - the performing and creative arts, (including the art market); the heritage industry (museums and monuments) and the media industry (film, TV, recording etc.). Cultural economics, including in this term the economics of the arts, has developed steadily over the last thirty years, with a literature that is theoretical, empirical and institutional. Some of the most prominent economists have written on subjects in this field - Coase, Baumol, Peacock, Robbins, Scitovsky, West and it is now being developed by their successors, of whom Frey and Throsby are the best established.
Trade Review'Ruth Towse's new Edward Elgar set is indispensable - it runs two volumes, covers nearly 1400 pages, and reproduces most of the seminal articles in cultural economics. Towse's selection of articles deserves an A+. . . . they are a must for any cultural economist.' -- Tyler Cowen, Journal of Cultural Economics 'These two volumes should prove very useful to students and others wishing to become acquainted with the defining papers and main themes of Cultural Economics.'– Martin Ricketts, The Economic Journal
Table of ContentsContents: Volume I: Introduction Part I: Overture Part II: Tastes and Taste Formation Part III: Demand Studies Part IV: Supply: The Performing Arts Part V: Supply: Museums and the Heritage Part VI: Supply: The Media Industries Part VII: The Art Market • Volume II: Part I: Economic History of the Arts Part II: Artists’ Labour Markets Part III: Baumol’s Cost Disease Part IV: Non-Profit Organizations in the Arts Part V: Public Subsidy for the Arts: Why? Theoretical Arguments Part VI: Public Subsidy for the Arts: How Much? Part VII: Public Subsidy for the Arts: How? Means to Achieve the Ends Part VIII: Economic Impact of the Arts
