Summary
David Throsby: The Economics of Cultural Policy
Cultural policy is changing. Initially, she was concerned with ensuring financial support for institutions such as museums and galleries, arts and cultural flows. In recent years, worldwide interest in the "creative" arts (music, film) has increased due to their impact on economic dynamism. The author claims that the essence of good management of cultural policy is knowledge of economics and cultural values.
The book is a comprehensive guide on how to apply economics in the broad field of cultural policy. Throsby examines its ultimate reaches in various cultural policy fields including the various arts, cultural heritage, industry, tourism, education, trade, intellectual property and more.
This book is a valuable contribution, as one would expect from a leading author on the economics of culture. It deals with areas that have not been well explored before and covers topics that are extremely important for the development of art. Well written, like all of Throsby's works, it will be a real pleasure for readers, and it will also teach them something.
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