Good and Plenty: The Creative Successes of American Arts FundingPrinceton University Press, 2009 M01 10 - 216 pages 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. |
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... lives in return for a million dollars.3 More technically, I define the economic approach in terms of standard microeconomics and Paretian welfare economics. Economists measure value in terms of willingness to pay or willingness to be ...
... lives, make the world a much better place, above and beyond what we have paid for them. This point, however, does not suffice to drive policy. The question is whether more art, at the margin, will do much to improve human welfare. If an ...
... lives each year. We could, in principle, abolish the NEA and distribute the funds to Haiti or India, using a private charity if we do not trust traditional mechanisms of foreign aid. Or we could abolish the NEA and every year give more ...
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Contents
1 | |
The Genius of the American System | 31 |
Are They Too Conservative? | 65 |
4 Copyright and the Future of Decentralized Incentives | 101 |
5 Toward a Beautiful and Liberal Future | 133 |
Notes | 153 |
References | 169 |
Index | 189 |
Other editions - View all
Good and Plenty: The Creative Successes of American Arts Funding Tyler Cowen No preview available - 2010 |
Good & Plenty: The Creative Successes of American Arts Funding Tyler Cowen No preview available - 2006 |