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For What It's Worth

Michael Rushton on pricing the arts

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Love of art and love of place

July 2, 2014 by Michael Rushton 10 Comments

Jack's Creek, Clay Co, KY

Those of us who teach classes in cultural policy at some point always engage our students in the fundamental question: why is government in the business of subsidizing the arts? Only when we have really thought about the ends of the policy can we think clearly about the best means to those ends. And there might be many: conservation of cultural traditions; cultural institutions as local amenities for current and possibly future residents; tourism; instilling civic values through the arts, for example. Here I want to focus on just one: making … [Read more...]

Droit de Suite revisited

June 30, 2014 by Michael Rushton 4 Comments

We're back ...

Today at Slate, Whitney Kimball tries to make the case for US adoption of resale royalties for visual artists, or droit de suite: In what would become the first scandalously record-breaking Sotheby’s art auction in 1973, taxi magnate Robert Scull and his wife famously made a fortune on 50 artworks from their collection, which included Robert Rauschenberg’s painting Thaw. There, the artist watched as his piece, which he had initially sold for $900, hammered out for a whopping $85,000. As the story goes, Rauschenberg famously shoved Scull and … [Read more...]

Summer books: Bruce Katz and Jennifer Bradley’s ‘The Metropolitan Revolution’

June 28, 2014 by Michael Rushton 2 Comments

next big thing?

A dozen years ago, mayors and their economic development staff made sure they had a copy of Richard Florida's The Rise of the Creative Class on their desks. It was the big new idea that would help them understand the dynamics of contemporary urban growth, and plan for the future of their cities. Adopt the urban amenities and policies that are attractive to young, mobile and skilled talent, or see your city left behind, and watch the brain drain to Portland and Austin, whose economies would flourish with educated, networked professionals … [Read more...]

Fixed book prices (updated)

June 27, 2014 by Michael Rushton Leave a Comment

paid full price

France has passed anti-Amazon legislation. Publishing Perspectives reports: On Wednesday, the French parliament passed a long-debated law that will end Amazon.com’s ability to offer a combined 5% discount and free shipping on books shipped to France, according to Livres Hebdo.  France’s fixed book price law, dubbed “The Lang Law,” was passed in 1981 and allows for a maximum 5% discount under varied positions. “The ‘Anti-Amazon Law,’ was created to prevent ecommerce sites like [the American giant] Amazon from stamping out the iconic network … [Read more...]

Dynamic pricing at the zoo

June 20, 2014 by Michael Rushton 5 Comments

come see me on a cloudy Tuesday

The Indianapolis Zoo has adopted dynamic pricing. The policy is combined with increased differentiation in prices between low-demand weekdays and high-demand weekends, and a general increase in prices arising from the increased demand that will flow from the new orangutang exhibit. The Indiana Business Journal reports: The zoo expects the move to generate more revenue as well as keep peak-day crowds to a more manageable level, improving the visitor experience. Officials are projecting 2014 attendance of 1.28 million, a 24-percent jump over … [Read more...]

Earmarked taxes for the arts

June 18, 2014 by Michael Rushton 6 Comments

I admit only having been to the airport

Last night Mecklenburg County (where Charlotte, NC is) commissioners voted to approve a referendum on increasing the sales tax by a quarter of a cent, some of which would be dedicated to culture: 7.5% of the proceeds to the Arts & Science Council and 5% of the proceeds to the public library. These earmarked funds for the arts are found across cities and metro areas across the US, sometimes funded by sales taxes (as in Denver or Salt Lake City) but also financed through taxes on motel/hotel stays, property taxes, tobacco taxes (as in … [Read more...]

Summer books: Astra Taylor’s ‘The People’s Platform’

June 17, 2014 by Michael Rushton 3 Comments

Summer is time to catch up on reading all of those books I bought during the school year. Let's begin with Astra Taylor, The People's Platform: Taking Back Power and Culture in the Digital Age. I enjoyed the book, political economy applied to the contemporary digital media world. It covers a lot of topics, from search engines to copyright to video to technological innovation to the regulatory process, in lively prose. I learned a lot, and was directed to many references I am anxious to look up. Attracting the most heat from Taylor are … [Read more...]

On cultural pessimism (updated)

June 15, 2014 by Michael Rushton 3 Comments

will this sentence ever end?

I have enjoyed many books by novelist and essayist Tim Parks (the novel Europa my favorite). But I can't agree with him in his latest piece in the New York Review of Books. He laments that in our busy lives, we don't have time to absorb great, complex works of literature: Only yesterday a smart young Ph.D. student told me his supreme goal was to keep himself from checking his email more than once an hour, though he doubted he would achieve such iron discipline in the near future. At present it was more like every five to ten minutes. So when … [Read more...]

Opera and arts education

June 9, 2014 by Michael Rushton 5 Comments

much to learn

Audiences for live performance of opera are aging and declining. What ought to be done about that? General Manager of New York's Metropolitan Opera, Peter Gelb, in an interview with the BBC (on which I posted, on a different topic, yesterday) has this to say: "The box office has not increased, it's been flat which represents a shrinking playing field for opera - it's not a secret in the US that the frequency of opera going is going down. ... "We are getting a newer audience, a younger audience, but there aren't enough new audience members … [Read more...]

Cutting wages is hard to do

June 8, 2014 by Michael Rushton 2 Comments

what goes up is tough to get down

Peter Gelb says New York's Metropolitan Opera will go broke within the next few years without wage cuts. The BBC reports: He proposed cutting 16% of its $200m (£119m) labour costs by changing work rules for the orchestra and chorus. Gelb also defended spending $169,000 (£100,000) on a poppy field stage set for the opera Prince Igor. Unions have already threatened strike action over the proposed pay cuts, which are up for debate before the players' current contracts expire at the end of July. "What's at stake, ultimately, is the future … [Read more...]

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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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