{"id":1264,"date":"2014-05-01T12:29:16","date_gmt":"2014-05-01T19:29:16","guid":{"rendered":"http:\/\/www.artsjournal.com\/worth\/?p=1264"},"modified":"2014-05-01T12:29:16","modified_gmt":"2014-05-01T19:29:16","slug":"the-economic-impact-of-everything-continued","status":"publish","type":"post","link":"https:\/\/www.artsjournal.com\/worth\/2014\/05\/the-economic-impact-of-everything-continued\/","title":{"rendered":"The economic impact of everything, continued"},"content":{"rendered":"<p><a href=\"https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/05\/oil_bird.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1267\" src=\"https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/05\/oil_bird-300x225.jpg\" alt=\"multiplier effects!\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/05\/oil_bird-300x225.jpg 300w, https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/05\/oil_bird.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>I would say I&#8217;m not sure anyone will ever top this, but who can predict? <a href=\"http:\/\/www.pressprogress.ca\/en\/post\/kinder-morgan-says-oil-spills-can-be-good-economy\">Press Progress<\/a> reports on a document produced by Kinder Morgan, on the beneficial economic impact of &#8230; oil spills. The report reads:<\/p>\n<p><a href=\"https:\/\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/05\/kinder-morgan-economic-effects.png\"><img decoding=\"async\" src=\"http:\/\/www.pressprogress.ca\/sites\/default\/files\/kinder-morgan-economic-effects.png\" alt=\"\" \/><\/a><\/p>\n<p>Words fail. H\/T Charles Pierce @ESQPolitics<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I would say I&#8217;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 &#8230; oil spills. The report reads: Words fail. H\/T Charles Pierce @ESQPolitics<\/p>\n","protected":false},"author":3,"featured_media":1267,"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_post_was_ever_published":false,"_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}},"categories":[26],"tags":[],"class_list":{"0":"post-1264","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\/05\/oil_bird.jpg","jetpack_shortlink":"https:\/\/wp.me\/p3dIW5-ko","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":791,"url":"https:\/\/www.artsjournal.com\/worth\/2013\/05\/the-economic-impact-of-everything-a-response\/","url_meta":{"origin":1264,"position":0},"title":"The economic impact of everything: a response","author":"Michael Rushton","date":"May 16, 2013","format":false,"excerpt":"I will present a thoughful comment from my previous post in full, since it is worth addressing in depth: Respectfully, so what if \u201cmany, many firms will approach government with the same claims\u201d of job creation and economic impact? So what if every living organism announces what economic benefit they\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"we get letters","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2013\/03\/postbox-224x300.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":741,"url":"https:\/\/www.artsjournal.com\/worth\/2013\/04\/what-do-we-talk-about-when-we-talk-about-the-economic-impact-of-the-arts\/","url_meta":{"origin":1264,"position":1},"title":"What do we talk about when we talk about the economic impact of the arts?","author":"Michael Rushton","date":"April 30, 2013","format":false,"excerpt":"In the news from Britain in the past week has been a speech by Culture Minister Maria Miller on the arts and the economy in the UK - the full text is here. Commentary has ranged from the concern about putting too much emphasis on the economic, to how we\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"multiplier","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2013\/04\/yorkshire-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2165,"url":"https:\/\/www.artsjournal.com\/worth\/2016\/12\/overbuilding-of-cultural-facilities-and-economic-impact\/","url_meta":{"origin":1264,"position":2},"title":"Overbuilding of cultural facilities and &#8216;economic impact&#8217;","author":"Michael Rushton","date":"December 28, 2016","format":false,"excerpt":"Followers of this blog are familiar with my thoughts on 'economic impact' studies. But I think I have forgotten to mention yet another way in which these studies are not only useless, but positively harmful. (This was suggested by an exchange with Ian David Moss in my previous post's discussion\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"Egypt's economy must have been booming","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2016\/12\/pyramids.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2016\/12\/pyramids.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2016\/12\/pyramids.jpeg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2585,"url":"https:\/\/www.artsjournal.com\/worth\/2020\/11\/economic-impact-a-quick-and-dirty-critique\/","url_meta":{"origin":1264,"position":3},"title":"Economic Impact: A Quick and Dirty Critique","author":"Michael Rushton","date":"November 17, 2020","format":false,"excerpt":"Teaching arts policy this fall, I needed a two-page briefing to warn my students off using economic impact studies as an arts advocacy tool. Here's the result: What is an Economic Impact Study? Definitions are hard to come by. I can tell you how a number is calculated, so let\u2019s\u2026","rel":"","context":"With 3 comments","block_context":{"text":"With 3 comments","link":"https:\/\/www.artsjournal.com\/worth\/2020\/11\/economic-impact-a-quick-and-dirty-critique\/#comments"},"img":{"alt_text":"big impact","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2020\/11\/cranberries.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2020\/11\/cranberries.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2020\/11\/cranberries.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2020\/11\/cranberries.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2020\/11\/cranberries.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2020\/11\/cranberries.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":785,"url":"https:\/\/www.artsjournal.com\/worth\/2013\/05\/amazon-and-economic-impact-eitheror\/","url_meta":{"origin":1264,"position":4},"title":"Amazon and economic impact: either\/or","author":"Michael Rushton","date":"May 15, 2013","format":false,"excerpt":"The Daily Telegraph reports: Amazon\u2019s UK operation generated \u00a34.2bn of sales last year, but it used a subsidiary in Luxembourg to help it reduce its corporation tax bill in the country to just \u00a32.4m in 2012. According to documents filed at Companies House, the company received \u00a32.5m in government handouts\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"ABB - Brilon, Werkseroffnung","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2013\/05\/ribbon-300x192.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1119,"url":"https:\/\/www.artsjournal.com\/worth\/2014\/03\/a-cautionary-note-on-the-social-and-economic-value-of-the-arts\/","url_meta":{"origin":1264,"position":5},"title":"A Cautionary Note on the Social and Economic Value of the Arts","author":"Michael Rushton","date":"March 14, 2014","format":false,"excerpt":"Arts Council England has released a new report on The Value of Arts and Culture to People and Society: An Evidence Review. What to make of it? From the foreword by the Chair of the Council, Sir Peter Bazalgette: Of course the inherent value of arts and culture is, in\u2026","rel":"","context":"In &quot;issues&quot;","block_context":{"text":"issues","link":"https:\/\/www.artsjournal.com\/worth\/category\/issues\/"},"img":{"alt_text":"think of the grandchildren","src":"https:\/\/i0.wp.com\/www.artsjournal.com\/worth\/wp-content\/uploads\/2014\/03\/keynes4-300x290.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts\/1264","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=1264"}],"version-history":[{"count":0,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/posts\/1264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/media\/1267"}],"wp:attachment":[{"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/media?parent=1264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/categories?post=1264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artsjournal.com\/worth\/wp-json\/wp\/v2\/tags?post=1264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}