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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... performance? When evaluating a government policy or a cultural era, do we look at the peaks that result, the total amount of art, or some weighted average of the two? The average quality of output provides an inadequate standard of ...
... performance, or how we might hope to find out such an answer. The economic approach reflects the view of the common man that art is not everything, or even the most important thing. On the negative side, the economic approach considers ...
... performance.”11 The economic approach stresses the notion of opportunity cost. Subsidies are a good idea only if, once all effects are taken into account, their dollar-valued benefits outweigh their dollar-valued costs. The Federal ...
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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 |