September 26, 2011
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Who determines aesthetic value and market value? In discussing the controversy regarding the relationship between aesthetic and market values, it might be helpful to try to answer this question first. Who determines market value? As previously noted, in standard economics, … Continue reading
September 26, 2011
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Are art lovers correct in saying that aesthetic value is independent of values such as market value and other social values? If the various spheres are indeed independent or non-reciprocal, then there is either no relation between aesthetic and market … Continue reading
September 21, 2011
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There is no reward for good art in the market. And it’s not just artists and art lovers who go around saying this. The notion that artistic quality does not ‘pay’ permeates every level of society. The cleaning woman and … Continue reading
September 21, 2011
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Before embarking on a discussion of the relationship between aesthetic and economic value, the meanings of these terms should be clarified. Aesthetic value is what experts call aesthetic value. The experts include artists, critics, mediators, and consumers with authority in … Continue reading