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The Economic De-Legitimization and Legitimization of Arts Policies 1970–1985

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History of Economic Rationalities

Part of the book series: Ethical Economy ((SEEP,volume 54))

Abstract

This chapter demonstrates the way in which an economic rationality of state support for the arts was developed in the 1970s and 1980s by analyzing three crucial debates between economists of the arts and others. The chapter demonstrates that the economists of the arts sought to provide a more solid foundation for specific state policies directed at the arts. But in the process of doing so they narrowed the grounds on which such support could be justified, and they had to sidestep the most crucial issues: what is excellence in the arts, and what is the moral status of consumer preferences in the case of the arts? Those critical of this economic rationality, and the economic approach to the arts more generally, argued for the fundamental difference between politics and the market, and individual preferences and social values. Overall the debates were characterized by mutual misunderstanding. The exception was the debate over the “merit good,” but it ultimately was an unsatisfactory argument for both sides. The economists were not convinced that it was really an economic argument, and the critics felt that the merit good did not capture the special role of the arts in a liberal society.

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Notes

  1. 1.

    Two publications stand out: the special issue of the Journal of Economic Behavior, summer 1977 and the edited volume by Hendon, Shanahan and MacDonald ‘Economic Policy for the Arts’ (1980).

  2. 2.

    The emphasis on personal preferences can also be found in Blaug’s introduction (1976) to the economics of the arts and in the work of prominent economist of the art Alan Peacock, see below.

  3. 3.

    In recent years economists of the arts have become more appreciative of such values, they now recognize non-use values such as option, existence and bequest values (Frey 2003).

  4. 4.

    For an early exception Scitovsky (1972)

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Dekker, E. (2017). The Economic De-Legitimization and Legitimization of Arts Policies 1970–1985. In: Bek-Thomsen, J., Christiansen, C., Gaarsmand Jacobsen, S., Thorup, M. (eds) History of Economic Rationalities. Ethical Economy, vol 54. Springer, Cham. https://doi.org/10.1007/978-3-319-52815-1_12

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