July 16, 2013
Does Art Help the Economy?

Fearing budget cuts, Britain’s culture secretary Maria Miller made an unusual case: That art begets economic growth. Instead of heavy austerity cuts to the culture budget, reductions were small. Miller is defending the arts, saying that they can help the economy by serving as a kind of “venture capital.”
Read more. [Image: Reuters]

Does Art Help the Economy?

Fearing budget cuts, Britain’s culture secretary Maria Miller made an unusual case: That art begets economic growth. Instead of heavy austerity cuts to the culture budget, reductions were small. Miller is defending the arts, saying that they can help the economy by serving as a kind of “venture capital.”

Read more. [Image: Reuters]

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    Um, NYC became the wealthiest city in America in a large part by investing heavily in the arts, exploding tourism and...
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  10. houseoforange said: Yay art!
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