Marginal Revolution: Department of No

Marginal Revolution: Department of No:

"Of course they want a bailout but this is for me not a priority.� Given the new distribution of wealth, arguably we need more culture for lower-income people and less culture for the rich.� I don't think the old distribution of wealth is coming back anytime soon.

It's something to watch when the egalitarian and elitist tendencies of modern liberalism clash so strongly.� When it comes to high culture it's like this:� 'I don't think they should have so much money, but I sure like what they spend their money on.'� Yet if deflationary pressures are going to benefit lower class individuals with jobs, something has to give and that is, in part, the discretionary arts spending of the wealthy."

Interesting discussion in the comments...
some things for those of us in the arts to think about...
I hope to make theatre around the fire in the tent cities of the future - but I'm an optimist.