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For What It's Worth

Michael Rushton on pricing the arts

On the frontiers of AI

May 13, 2025 by Michael Rushton Leave a Comment

Prelude, from The Onion:

Prague's Franz Kafka International Named World's Most Alienating Airport

Now then. A few days ago, my son googled “Franz Kafka Airport” and here is what Google AI came up with:

Being a public spirited sort, son informed Google that they might want to tweak this a wee bit. And so I had to check this afternoon for an update, and I get something new:

Well, it’s a start? But of course there is no “Business Week” 2009 report – that was a fiction from the Onion story.

The future’s so bright I’ve got to wear shades.

Prompted by reading the always insightful Timothy Burke…

Cross-posted at https://michaelrushton.substack.com/

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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

  • antonio c. cuyler on Equality, the arts, and the problem of expensive tastes: “I applaud your courage in dissenting, Michael, even if it may place you at odds with the sector. I also…” Feb 2, 10:57
  • Michael Rushton on Equality, the arts, and the problem of expensive tastes: “Thank you David. In terms of costs, the quick, and I think too-easy answer, is cost-disease, which affects any sector,…” Feb 1, 15:04
  • David E. Myers on Equality, the arts, and the problem of expensive tastes: “Hi Michael, Always grateful for your perspectives, though as you know, I do not always agree. At the risk of…” Feb 1, 11:16
  • Michael Rushton on Equality, the arts, and the problem of expensive tastes: “Thank you, antonio. There’s a lot here – I’ll answer bit by bit… 1. I’m not sure the “equality vs…” Jan 29, 09:43
  • antonio c. cuyler on Equality, the arts, and the problem of expensive tastes: “As economists educated to believe that “some inequality” is not bad, I appreciate reading how you and Robert Reich think…” Jan 29, 09:21
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