Artists and Risks

If average artists would have an above average inclination to take risks, the big prizes in the winner-takes-all art market make the arts even more attractive. Even more youngsters enter the art world and consequently the average income is lower than if these same youngsters had had a more normal inclination to take (or avert) risks.

People have different attitudes when it comes to taking risks. Some spend far more money on insurance than others. They are relatively risk aversive, while others prefer to take risks. So considering the art world’s extremely high prizes it is only natural that youngsters with some artistic talent and with an above-average inclination to take risks will be more likely to enter the arts than other similarly talented candidates who are more risk-aversive.
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Posted under Art

Low Incomes Earned in the Arts

Why are incomes in the arts so low? As an artist, I surmised that low incomes in the arts are due to under consumption, people are not interested enough in art. As an economist, however, I pointed out that the notion of under consumption is difficult to maintain when increased consumption figures are taken into account. It’s not just that real per capita expenditure on art increases, but also an increasing proportion of income is devoted to art. The fine arts are no exception.

Therefore, what puzzles me as an economist is not that the volume of consumption is not higher, but that the number of artists does not decrease in response to demand, so that eventually more normal incomes could be earned. Instead, there are so many artists wanting to work, that only at the present low level of income supply and demand meet.
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Posted under Art, Urban Arts

Art Therapy and lupus symptoms

Whats the connection between arts and symptoms? Could arts such as paintings heal? Can a painting cure someone? Or improve the quality of life? If you can how the mechanism? Lets find out.

There are different types of healing methods that recently became popular again, let’s say with the healing arts (art therapy,) healing music, healing dance, healing with the story and much more. In this type of healing, patients or clients to experience healing when he was in the process of working on his art.
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Arts and Gifts

Is giving more honorable than trading? And if so, why? Why does the gift sphere represent high values and the market low values? Lets find out more about arts which is giving that not meant to be sold.

Both gift giving and market exchange are voluntary and they imply reciprocity; some kind of return is involved. Nevertheless, in market transactions the quid pro quo is more important. Here there’s usually a stronger focus on returns and anticipation of returns and there is generally more certainty about returns. A larger part of returns is covered by a form of contract and can, if necessary, be legally monitored.
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Graphic Design and Art

We often connecting objects that have connection with beauty in visual appearance as graphic design. But don’t you know that design and arts is totally different.

Graphic design as applied art is an art form whose application applies generally in the form of visual communication. Graphic design is a technique of designing graphical displays to communicate well with the target consumer. In this case, the designer must put aside selfishness and put forward the function of graphic design itself.
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Posted under Art, Urban Design

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