Beyond Price – Value in Culture, Economics, and the Arts

Beyond Price – Value in Culture, Economics, and the Arts Edited Book

  • Author(s): Hutter, Michael, Throsby, David
  • Published: 2008
  • Publisher: Cambridge University Press
  • ISBN: 9780521862233 (hardback) 052186223X (hardback)

Abstract: Much recent discussion surrounding valuation of the arts and culture, particularly in the policy arena, has been dominated by a concern to identify an economic and financial basis for valuation of artworks, arts activities, and more general ways in which we express our culture. Whereas a great deal can be gained from a fuller understanding of the economic value of art, there is a real danger that financial considerations will tend to crowd out all other aspects of value. This book moves beyond the limitations implicit in a narrow economic approach, bringing different disciplinary viewpoints together, opening up a dialogue between scholars about the processes of valuation that they use, and exploring differences and identifying common ground between the various viewpoints. The book’s common theme – the tension between economic and cultural modes of evaluation – unites the chapters, making it a coherent and unified volume that provides a new and unique perspective on how we value art.

Notes: Intro + 5 parts: Origins of Meaning, The Creation of Value in Artistic Work, Continuity and Innovation, Appreciation and Ranking, Cultural Policies

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Hutter, Michael, Throsby, David, 2008, Beyond Price – Value in Culture, Economics, and the Arts, Edited Book, viewed 03 December 2023,

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