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A New Economic Theory of Public Support for the Arts

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A New Economic Theory of Public Support for the Arts Synopsis

Should the arts receive public support? Can the arts survive in a modern capitalist society? Can economics shed light on the nature of public support, and whether there is a rationale for public intervention? This book undertakes to examine these questions as it explores the ways government and public resources are used to support the arts.

This book applies a Veblenian approach to understanding economic development to investigate public support for the arts in an effort to determine whether this approach can elucidate economic rationales for public support. Divided into three parts, the first provides basic information on public support for the arts by surveying support in the United States and Australia. Part two includes a neoclassical overview of the topic while part three presents Veblen's ideas on economic development.

This book will be of interests to researchers concerned with cultural and institutional economics, as well as political economy.

About This Edition

ISBN: 9780367597405
Publication date:
Author: Arnaldo Barone
Publisher: Routledge an imprint of Taylor & Francis
Format: Paperback
Pagination: 294 pages
Series: Routledge Advances in Heterodox Economics
Genres: Political economy
Economic history
Sporting events and management
Economic theory and philosophy
The arts: general topics