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For What It's Worth

Michael Rushton on pricing the arts

The economic impact of everything, continued

May 1, 2014 by Michael Rushton 1 Comment

multiplier effects!I would say I’m not sure anyone will ever top this, but who can predict? Press Progress reports on a document produced by Kinder Morgan, on the beneficial economic impact of … oil spills. The report reads:

Words fail. H/T Charles Pierce @ESQPolitics

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  1. ArtsJournal – Top Posts From AJBlogs 05.01.14 says:
    May 1, 2014 at 11:57 pm

    […] Cherry-picking Culture Track 2014 AJBlog: Real Clear Arts | Published 2014-05-02 The economic impact of everything, continued AJBlog: For What it’s Worth | Published 2014-05-01 Daniel Barenboim: ‘You can use music […]

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Michael Rushton

Michael Rushton taught in the Arts Administration programs at Indiana University, and lives in Bloomington. An economist by training, he has published widely on such topics as public funding of the … MORE

About For What It’s Worth

What’s the price? Everything has one; admission, subscriptions, memberships, special exhibitions, box seats, refreshments, souvenirs, and on and on – a full menu. What the price is matters. Generally, nonprofit arts organizations in the US receive about half of their revenue as “earned income,” and … [Read More...]

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Recent Comments

  • Michael Rushton on What should we teach future arts administrators and where should we teach it?: “Thank you Joan. Maybe in some cases – but often I think it is just something decided in a distant…” Nov 30, 13:06
  • Joan Jeffri on What should we teach future arts administrators and where should we teach it?: “Interesting discussion. No matter what school or what intellectual focus, the reality is that arts administration programs are in so…” Nov 30, 11:10
  • Michael Rushton on What should we teach future arts administrators and where should we teach it?: “Here is a link to the piece I wrote on the tax code: https://www.artsjournal.com/worth/2023/07/producing-and-exhibiting-arts-as-a-nonprofit-entity-is-a-qualified-tax-exempt-activity/ I know this is an ongoing…” Nov 28, 09:06
  • antonio c. cuyler on What should we teach future arts administrators and where should we teach it?: “Which American courts and cases? I’d appreciate learning for my own edification. And as the current legal apparatus in the…” Nov 27, 12:04
  • Michael Rushton on What should we teach future arts administrators and where should we teach it?: “Thank you antonio. Yes, some Arts Admin masters do go on to get a PhD, but in my experience it…” Nov 26, 12:10
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