Tags » Cultural Economics

interesting reads #11

  • An animated chart of global marine fish stocks from The Economist HERE. Basically, while in 1950 roughly 90% of the fish stocks were in their natural state, in 2009 90% are either fully exploited, over-exploited or collapsed.
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Eyes on Rome

Words don’t work so well to express Rome in the springtime when the weather gets warm and things start to bloom. They end up betraying me, leading me to whine when I should be extolling. 576 more words


new publication: The endogenous formation of an environmental culture

There is a new article of mine that I would like to announce, entitled “The endogenous formation of an environmental culture“, and I am happy to tell you that it is forthcoming in the journal the… 1,517 more words

Sustainable Development

Success vs. quality: the case of TV shows

How long a TV show can stay on air is mostly determined by how many viewers tune in every night to watch it. Thus popular TV shows tend to be successful. 1,227 more words



Selfie, oil on canvas (73x60cm) by Justyna Molendowska-Ruiz

In the pixel era, people are picturing their own loneliness and sharing it through social media.


People's Feelings

In Which I Review the Theory of Public Goods

Because “art is a public good” is an oft-used trope for justifying public funding for the arts, every so often I like to review Samuelson’s seminal work on the topic, “A Theory of Public Expenditure.” (It seems, lately, that reading mid-twentieth century economic theory has become something of a pastime, or, depending on the author and topic, a class prep necessity — but I digress.) In his seminal 1954 paper, Samuelson does not refer to public goods as “public,” instead defining “collective consumption goods” as those goods “which all enjoy in common in the sense that each individual’s consumption of such a good leads to no subtraction from any other individual’s consumption of that good” (p. 581 more words

Arts Funding

Cultural Economics - an interview with Professor Ruth Towse

Ruth Towse, Professor of Economics of Creative Industries at CIPPM, Bournemouth University, talks to us about her new book and her approach to cultural economics. 685 more words

Economics And Finance