October 4, 2011
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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 … Continue reading
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 2, 2011
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A work of art and its maker are said to be authentic. In a formal sense, they are authentic if the artist in question is the only one who could have made the particular work of art. A unique fingerprint … Continue reading
July 3, 2010
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Peak oil prices have magnified urban planning issues. The list of planning challenges, however, hasn’t changed much in the last half century. Do cities plan for the car or the pedestrian? How do we create liveable cities? And where will … Continue reading