The bitter road of the artist condemned to support him/herself by the patronage of the aristocracy is discussed in Rewind--The Economics of Mozart, by Two Blowhards. The conclusion:

I also note in passing that the Viennese model of patronage is almost exactly what most left-wing supporters of the arts would desire in today’s America: public funding handed out by an elite disdainful of crass commercial considerations. They should be careful what they wish for: it might come true.

posted by James DeLong @ 1:15 PM | Markets: Business, Investment & Innovation

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