Editorial Board
Finally, an Effort to Calculate the Economic Value of Art
This article is for subscribers only.
It is easy to think of art as a luxury. It enriches our minds and lives, and it allows us to express ourselves to the fullest, yet it is not essential to brute survival. We value it, but beyond all measure. Art is priceless.
Perhaps these are reasons that assessments of economic activity often simply overlook the art world.