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Arjo Klamer
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The Value of Culture: On the Relationship between Economics and Arts

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Culture manifests itself in everything human, including the ordinary business of everyday life. Culture and art have their own value, but economic values are also constrained. Art sponsorships and subsidies suggest a value that exceeds market price. So what is the real value of culture? Unlike the usual focus on formal problems, which has 'de-cultured' and 'de-moralized' t ...more
Hardcover, 243 pages
Published June 1st 1997 by Amsterdam University Press (first published 1997)
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Arjo Klamer is professor of the Economics of Art and Culture at Erasmus University in Rotterdam, The Netherlands, and holds the world's only chair in the field of cultural economics. Prior to that and after acquiring his PhD at Duke University, he taught for many years at several universities in the US, including Wellesley College and George Washington University.

In 1984, he attracted a great deal
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