Why Are Artists Poor?: The Exceptional Economy of the Arts
Arts Management Network,
07 January 2004, Netherlands
By Hans Abbing
Description : Most artists earn very little, and yet there is no shortage of young people aspiring to the field. It's widely believed that these individuals are selflessly dedicated to art, or that price does not reflect aesthetic quality, or that the arts are "free." But how much of this is true? This unconventional multidisciplinary analysis explains the exceptional economy of the arts - an economy that operates successfully in the marketplace but has more natural affinities with gift giving than commercial exchange.