Cultural Economics

Cultural Economics Synopsis

These 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.