Should the Arts Support Themselves? |
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| Authors: | William D Grampp professor |
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| Institution: | Ementus, University of Illinois He was formerly Professor of Economics at the Universities of Chicago and California. His present research is on the ethical foundations of economic policy |
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| Abstract: | In an earlier article in Economic Affairs, Professor E. G. West called for arts vouchers to consumers to replace subsidies direct to producers. Professor William Grampp, of the University of Illinois, contends that there is no economic rationale behind arts subsidies in any form and calls for their abolition, Professor West responds that there may be a combination of public approval and external benefits that can justify continued subvention. |
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