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The book Performing Arts-The Economic Dilemma by William Baumol and William Bowen, [1] devoted to the economics of the performing arts, is widely regarded as the starting point for contemporary cultural economics, setting out a considerable research programme through a fairly pessimistic analysis of the sustainability of the performing arts.
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 ...
In the preface to the essay, Benjamin presents Marxist analyses of the organisation of a capitalist society and of the place of the arts in a capitalist society, both in the public sphere and in the private sphere; and explains the socio-economic conditions of society to extrapolate future developments of capitalism that will result in the economic exploitation of the proletariat, and so will ...
The importance of stone tools, circa 2.5 million years ago, is considered fundamental in the human development in the hunting hypothesis. [citation needed]Primatologist, Richard Wrangham, theorizes that the control of fire by early humans and the associated development of cooking was the spark that radically changed human evolution. [2]
The MIT Program in Art, Culture and Technology (ACT) has its origins in the Center for Advanced Visual Studies (CAVS) at the Massachusetts Institute of Technology (MIT), an arts and research center founded in 1967 by artist and teacher György Kepes. [1]
Experiments in Art and Technology (E.A.T.), a non-profit and tax-exempt organization, was established in 1967 to develop collaborations between artists and engineers.The group operated by facilitating person-to-person contacts between artists and engineers, rather than defining a formal process for cooperation.
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 ]
Like the rest of cultural economics, the economic theory of museums is a relatively recent branch of economics. In fact, economic analysis only began to be applied to museums in the 1980s, as the number of museums multiplied and trade-offs were made necessary by the climate of budgetary austerity that called into question public subsidies in ...