{"id":1144,"date":"2014-03-16T20:16:46","date_gmt":"2014-03-17T03:16:46","guid":{"rendered":"http:\/\/www.artsjournal.com\/worth\/?p=1144"},"modified":"2014-03-16T20:16:46","modified_gmt":"2014-03-17T03:16:46","slug":"the-economic-impact-of-everything","status":"publish","type":"post","link":"https:\/\/www.artsjournal.com\/worth\/2014\/03\/the-economic-impact-of-everything\/","title":{"rendered":"The economic impact of everything"},"content":{"rendered":"<p><a href=\"https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/03\/sisyphus.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1145\" alt=\"I feel you\" src=\"https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/03\/sisyphus.jpeg\" width=\"211\" height=\"239\" \/><\/a>Going to a bar to watch basketball, for example. From the <a href=\"http:\/\/www.newrepublic.com\/article\/117045\/economic-costs-and-benefits-college-basketball-ncaa-tournament\"><em>New Republic<\/em><\/a>:<\/p>\n<blockquote><p>Nearly one-third of Americans plan to watch games at work this year, according to a\u00a0survey\u00a0from the consumer site RetailMeNot. One in five men said they\u2019d go to a bar to watch at lunch.<\/p><\/blockquote>\n<p>But?<\/p>\n<blockquote><p><span style=\"line-height: 1.5em;\">March Madness may actually be good for the economy\u2014and for individual companies.<\/span><\/p><\/blockquote>\n<p>Go on &#8230;<\/p>\n<blockquote><p><span style=\"line-height: 1.5em;\">Hotels and restaurants in the 14 cities that host games will gain the most, thanks to traveling fans cheering on their teams. But even businesses in non-host cities can benefit. That same RetailMeSurvey found that 28 percent of fans will spend $100 or more if their team makes it to the Sweet 16. They might spend it on new hoodies or hats\u2014or, in some cases, on new large-screen televisions.<\/span><\/p><\/blockquote>\n<p><a href=\"https:\/\/www.artsjournal.com\/worth\/2013\/04\/what-do-we-talk-about-when-we-talk-about-the-economic-impact-of-the-arts\/\">Sigh<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Going to a bar to watch basketball, for example. From the New Republic: Nearly one-third of Americans plan to watch games at work this year, according to a\u00a0survey\u00a0from the consumer site RetailMeNot. One in five men said they\u2019d go to a bar to watch at lunch. But? March Madness may actually be good for the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[26],"tags":[],"class_list":{"0":"post-1144","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-issues","8":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/03\/sisyphus.jpeg","jetpack_shortlink":"https:\/\/wp.me\/p3dIW5-is","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1483,"url":"https:\/\/www.artsjournal.com\/worth\/2014\/08\/how-should-we-rank-the-culturalcreative-scenes-of-cities\/","url_meta":{"origin":1144,"position":0},"title":"How should we rank the cultural\/creative scenes of cities?","author":"Michael Rushton","date":"August 28, 2014","format":false,"excerpt":"Yesterday I came across a ranking of the 'top 20 US cities for culture', from the real estate blog propertyshark.com (no, not one I usually follow, h\/t Ted Gioia). The internet loves to produce listicles, and diminishing returns have long set in when it comes to ranking cities. But this\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"so many creatives!","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/08\/NYC-street.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/08\/NYC-street.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/08\/NYC-street.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/08\/NYC-street.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":1025,"url":"https:\/\/www.artsjournal.com\/worth\/2014\/02\/nea-funding-and-the-ecological-fallacy\/","url_meta":{"origin":1144,"position":1},"title":"NEA funding and the ecological fallacy","author":"Michael Rushton","date":"February 4, 2014","format":false,"excerpt":"The SMU study has a serious problem","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"rich town poor town doesn't matter","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/02\/openingnight.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1380,"url":"https:\/\/www.artsjournal.com\/worth\/2014\/06\/summer-books-bruce-katz-and-jennifer-bradleys-the-metropolitan-revolution\/","url_meta":{"origin":1144,"position":2},"title":"Summer books: Bruce Katz and Jennifer Bradley&#8217;s &#8216;The Metropolitan Revolution&#8217;","author":"Michael Rushton","date":"June 28, 2014","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"next big thing?","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/06\/metropolitan-revolution-196x300.jpeg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3610,"url":"https:\/\/www.artsjournal.com\/worth\/2024\/10\/vibrant-sic\/","url_meta":{"origin":1144,"position":3},"title":"Vibrant (sic)","author":"Michael Rushton","date":"October 18, 2024","format":false,"excerpt":"In the 90s I lived in Regina, Saskatchewan. When I moved there I had never been before, but I had been looking for work, my PhD in-progress dissertation was a bit of a train wreck (I finished it eventually), and the university there was kind enough to offer me a\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/10\/image-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/10\/image-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/10\/image-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/10\/image-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/10\/image-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2024\/10\/image-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":2223,"url":"https:\/\/www.artsjournal.com\/worth\/2017\/07\/the-problem-with-ranking-cities-cultural-vibrancy\/","url_meta":{"origin":1144,"position":4},"title":"The problem with ranking cities&#8217; cultural vibrancy","author":"Michael Rushton","date":"July 10, 2017","format":false,"excerpt":"Two recent publications derive indices to rank different cities according to their cultural vibrancy - from the National Center for Arts Research in the United States, and the European Commission for European cities. They have the same fundamental problem. In each report, a selection of data series applying to cities'\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"not this again","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2017\/07\/whirlwind-computer.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":977,"url":"https:\/\/www.artsjournal.com\/worth\/2013\/08\/the-unknowable-future\/","url_meta":{"origin":1144,"position":5},"title":"The unknowable future","author":"Michael Rushton","date":"August 5, 2013","format":false,"excerpt":"At Marginal Revolution (which often has posts on the economics of the arts - you should be reading it!), Tyler Cowen points us to Paleofuture, which gives a 1940s version of the 'kitchen of the future.' We would no longer use dishes ('antiques') since our food would be processed and\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"don't wake the baby!","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2013\/08\/ku-bigpic-300x167.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts\/1144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/comments?post=1144"}],"version-history":[{"count":0,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts\/1144\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/media\/1145"}],"wp:attachment":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/media?parent=1144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/categories?post=1144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/tags?post=1144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}