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 →
Not defining the subject matter can be tricky. After all, economists discussing art always have an implicit notion of what art is and isn’t in the back of their minds, and this notion necessarily influences their findings. For instance, in … Continue reading →
