For centuries, it was necessary for performers to be present in quot;real timequot; to supply their services, such as music, dance, or drama. Labor time and human skill and capital were inextricably related. quot;Reproducibilityquot;-the ability to make copies of human services that are adequate...

It is argued that human capital theory applies only weakly to artists' decisions about investment in schooling and training and about occupational choice. However, the same can be said about the sorting model. What is lacking in cultural economics is an understanding of talent and creativity,...