This book deals with the economic aspects of changing attitudes in arts and sciences. The effects of the public good character of culture, along with the very long production period and lifetime for its products, are emphasized, since both contribute to the failure of normal market solutions....

Deals with economic aspects of changing attitudes in arts and sciences. This book emphasizes the effects of the public good character of culture, along with the very long production period and lifetime for its products, as both contribute to the failure of normal market solutions