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Ilya Repin, portrait of Pavel Tretyakov, 1901. The contemporary economics of culture most often takes as its starting point Baumol and Bowen's [1] seminal work on the performing arts, which argues that reflection on the arts has been part of the history of economic thought since the birth of modern economics in the seventeenth century.
Economics of the arts and literature or cultural economics (used below for convenience) is a branch of economics that studies the economics of creation, distribution, and the consumption of works of art, literature and similar creative and/or cultural products. For a long time, the concept of the "arts" were confined to visual arts (e.g ...
Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [ 1 ]
A few weeks later, Lewis took out an advertisement in The Spectator to announce the publication of 'The Manifesto of the Vorticists' – an English abstract art movement that was a 'parallel movement to Cubism and Expressionism' and would, the advertisement promised, be a 'Death Blow to Impressionism and Futurism'.
An art movement is a tendency or style in art with a specific art philosophy or goal, followed by a group of artists during a specific period of time, (usually a few months, years or decades) or, at least, with the heyday of the movement defined within a number of years.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Venus de Milo, at the Louvre. Art history is, briefly, the history of art—or the study of a specific type of objects created in the past. [1]Traditionally, the discipline of art history emphasized painting, drawing, sculpture, architecture, ceramics and decorative arts; yet today, art history examines broader aspects of visual culture, including the various visual and conceptual outcomes ...
The Neo-Concrete Movement (1959–1961) was a Brazilian art movement, a group that splintered off from the larger Concrete Art movement prevalent in Latin America and in other parts of the world. The Neo-Concretes emerged from Rio de Janeiro’s Grupo Frente. They rejected the pure rationalist approach of concrete art and embraced more ...