Economics is often used in literary studies, but rarely free market economics. Austrian economics, with its emphasis on subjective value (Menger), human action (Mises), spontaneous order and knowledge (Hayek), and entrepreneurship (Kirzner), seems a particularly fruitful source of ideas for literary studies.
Monday, October 24, 2011
What If Theatres Played Moneyball?
What if theatres played moneyball? An excellent question. How might theatres use economics to become better at what they do? I may have some more ideas on this after this weekend's conference, where I will be getting feedback on my paper "The Theater of Tensions," which discusses theaters as institutions on the borderlands of the economic, artistic, philanthropic, and democratic orders.
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