In choosing a career, people naturally take into account their skills as well as their deficiencies. Consciously or unconsciously, they assess their chances in various careers. And so it should hardly seem amazing that a youngster who early on exhibited … Continue reading →
Is it possible that the powers of the social group that leading experts belong to are different from those of consumers? On average art consumers are part of a social group that has relatively more economic capital (wealth) and income … Continue reading →
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 →
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 →
How can artists and intermediaries who deny the economy make a living? Some evidently do. Anti-market behavior can be profitable. Sometimes, the more anti-commercial artists and intermediaries present themselves, the higher their status and incomes are. Such a-commercial attitudes don’t … Continue reading →