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Dec 30, 2023 · Discusses the role of music in the history of economic thought. Gives unique insights into the finances of great composers in their historic-economical context. Compares the income (and expenditure) of pairs of composers that opted for different market models.
Dec 22, 2023 · The music industry consists of the companies and independent artists that earn money by creating new songs and pieces and organizing live concerts and shows, audio and video recordings, compositions and sheet music, and the organizations and associations that aid and represent music creators.
Dec 22, 2023 · We can usefully divide the economic history of music into five periods: 1. The era of music patronage from the ancient times until the late-eighteenth century; 2. The era of music publishing from the late eighteenth century until the 1920s; 3. The era of broadcasting from the 1920s to the 1950s; 4.
Feb 7, 2022 · In chapters two and three, the author uses economic theory to explain the fundamental logic and idiosyncrasies of the contemporary music economy. He analyses music as an economic good, and then moves on to an economic analysis of music copyright.
- Patrik Wikstrom
- patrik.wikstrom@qut.edu.au
This article tackles the economics of early modern theatre in England and the dependence of art upon trade and commerce. It also looks at three of the most influential theatre owners and investors of the sixteenth century: James Burbage, Frances Langley, and Philip Henslowe.
Before analysing music as an economic good, we have to understand how music markets work. The father of modern economics, Adam Smith (1723–90), explained that the market allocates scarce resources like an “invisible hand”.
Measuring the economic effects of cultural events with special emphasis on music festivals. The paper describes the different techniques that make it possible to measure the economics fallouts of cultural events and, in particular, of music festivals. It tries to distinguish failsafe….
