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Does the market economy encourage or discourage music, literature, and the visual arts? Do economic forces of supply and demand help or harm the pursuit of creativity? This book seeks to redress the late 1990s intellectual and popular balance and to encourage a more favourable attitude towards the commercialization of culture that we associate with modernity. Economist, Martin Tyler Cowen argues that the capitalist market economy is a vital but underappreciated institutional framework for supporting both high and low culture, helping consumers and artists refine their tastes, and paying homage to the past by capturing, reproducing, and disseminating it.

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Book Details

ISBN: 9780674001886
ISBN-10: 0674001885
Format: Paperback
(235mm x 155mm x 22mm)
Pages: 288
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 3-Apr-2000
Country of Publication: United States

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Author Biography - Tyler Cowen

Tyler Cowen is Professor of Economics at George Mason University.

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