A Handbook of Cultural Economics, Second Edition
Show Less

A Handbook of Cultural Economics, Second Edition

Edited by Ruth Towse

The second edition of this widely acclaimed and extensively cited collection of original contributions by specialist authors reflects changes in the field of cultural economics over the last eight years. Thoroughly revised chapters alongside new topics and contributors bring the Handbook up to date, taking into account new research, literature and the impact of new technologies in the creative industries.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 51: Public Choice

Isidoro Mazza


Isidoro Mazza The economic analysis of cultural policy has traditionally focused on its ability to correct market failures, promote cultural progress and preserve and enhance historical heritage. The investigation has devoted relatively little attention to the political decision-making process and institutional issues. This resistance of the discipline to political economic analysis is particularly striking when we consider the prominent role that the government has in the cultural sector, even in those countries where its intervention may be relatively less pervasive (like the USA or UK). Moreover, it sets a sharp contrast with the huge proliferation of political economic studies, now common in virtually every area of economic research. This brief chapter cannot provide a survey of the political economic literature. It rather aims at giving a taste of what can be learnt from the advancements made by public choice theory in order to improve our understanding of cultural policy. Detailed and comprehensive analyses of the field are provided by Mueller (1997, 2003), Persson and Tabellini (2000), Rowley and Schneider (2008), Weingast and Wittman (2006). The public choice approach In line with standard welfare economics, a substantial number of studies on cultural policies assume that they are carried out by a fully informed, far-sighted and unelected planner pursuing the public interest. This hypothesis, although reassuring, represents a very strong simplification of reality. It is overly optimistic about information constraints, it does not provide a justification for the benevolence of the planner, and it disregards how politics and institutions may affect the...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.