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

"The dominance of economic repertories of value is a relatively new phenomenon, and one which directly correlates to the steady advent of capitalism in early modern Europe. This volume brings together scholars with expertise in a variety of related fields, including economic history, the history...

Attention to art and culture goes far back in the history of economic thought. In the seventeenth century those activities were viewed suspiciously as likely to be either wasteful extravagances of the aristocracy, or dangerous distractions for the working classes. Eighteenth century economic...