Michael Rushton
Michael Rushton teaches in the Arts Administration programs at Indiana University in Bloomington. An economist by training, he has published widely on such topics as public funding of the arts, copyright, nonprofit organizations and tax policy, and served as Co-Editor of the Journal of Cultural Economics.
Does arts’ share of GDP matter?
In the US, in 1900, over 40 percent of the workforce was devoted to agriculture. Agriculture’s share of GDP was 7.7 percent in 1930,...
Really, it is OK for a college to sell art
A few days ago I wrote a post re Valparaiso University’s plans to sell three paintings, with an estimated total market value of $10...
It is OK for a college to sell art
You are the president of a small, private liberal arts college that has fallen on hard times. Your enrolment has declined by 39% since...
Keynes’s Grandchildren
John Maynard Keynes’s “Economic Possibilities for our Grandchildren” was first published in The Nation and Athenæum in two parts, October 11 and 18, 1930...
What does ChatGPT know?
In my last post I expressed skepticism that movie cinemas in the US could “scale the house” with much success (people were quick to...