The economic impact of art by peterfuchs
October 9, 2008, 2:39 pm
Filed under: Art as Gift Research blog | Tags:
BMW art car

BMW art car

One might wonder if the complex network of social interactions and creative production we call art needs to to be measured on how much impact it might take. The Americans for Art association survey, titled Arts & Economic Prosperity III: The Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences might contain pretty large figures, and sentences like:  “Nationally, the nonprofit arts and culture industry generates $166.2 billion in economic activity every year”, but these figures tell a little on their own about the real power and magnitude of this field. A convenient question might be, if how does these figures relate to the national GDP?

In the comming days, Gregory Sholette will visit to Budapest after his participation in the Iasi Biennial, and during his seminar in the Tranzit Free Scchool of Theory and Practice , he will give a detailed presentation of his concept of contemorary art, economy and the notion of gifting, titled: Interventionist Art, Dark Matter, and the Rise of Enterprise Culture.  The event will be fully covered in this research blog. Stay tuned for the posts in the weekend.


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