Why Are Artists Poor? The Exceptional Economy of the Arts
‘Successful’ artists attain money and fame while scores of ‘unsuccessful’ artists hold part time jobs and depend heavily on their spouses for support. With a keen eye toward related situations in the entertainment and sports industries, “Why Are Artists Poor” takes a closer look at the inner workings of the financial side of the art world.
The examples given in the book are principally centered on the west, but much of the book also applies to the situation in Japan as well. And while the book has its critics, it serves an important role in generating serious discussion on the topic.
With interest in art management on the rise and the ever increasing gap between the rich and the poor a constant topic of debate, “Why Are Artists Poor” offers a wealth of insights to economists and artists alike.
The author – Hans Abbing – is himself an artist who lectures in economics at the University of Amsterdam.