Economists’ Interest in Art and Culture. An International Perspective


  • Ana-Corina Dimitriu (Chișcareanu) Academy of Economic Studies
  • Gheorghe Hurduzeu Academy of Economic Studies


history of art economics; cultural economics; art and economics


Art and culture contribute to the economic development of our society. The paper analysis
how economists perceived art and culture over time. When it was the moment when the economic
literature started writing the importance of the art and culture. The research started with reviewing the
specialist literature and updating with the recent interests manifested by the global organizations. The
conclusion is that the arts and culture play an important role in society and they became one of the
priorities of the international organizations.


Bodin J. ([1578] 1947). The Responses of Jean Bodin to the Paradoxes of Malestroit and the
Paradoxes, second ed. Washington: Country Dollar Press, Translated by G.A. Moore.
Bentham, J. (1962). The Works of Jeremy Bentham, Russel and Russel. New York. Edited by J.
Bowring Retrived from
1#lf0872-01_label_376, Accessed 15 July 2020.
Galiani, F ([1751] 1930). Della Moneta. In: Monroe, A.E. (Ed). Early Economic Thought Cambridge,
MA: Harvard University Press, pp. 279-307.
Hume, D. ([1752] 1965). Of refinement in the arts. In. Lenz, J.W. (Ed). Of the Standard of Taste and
Other Essays. Indianapolis: Bobbs-Merrill.
Jevons, W.S. ([1871] 1965). The theory of political economy. 5th ed. New York: Augustus M. Kelly.
Mandeville, B ([1732) 1924]. The Fable of the Bees: Or, Private Vices, Public Benefits, 6th Ed.
Oxford: Clarendon Press, Commentary by F.B. Kaye.
Marshall, A. ([1920] 1964). Principles of economics, 8 Ed., London: Macmillan.
Mill, J.S. ([1909] 1964). Principles of Political Economy. New Ed. New York: Augustus M. Kelley,
Edited by W.J. Ashley.
Mikić Hristina, (2009). Measuring the economic contribution of cultural industries. A review and
assessment of current methodological approaches UNESCO Institute for Statistics P.O. Box 6128,
Succursale Centre-Ville Montreal, Quebec H3C 3J7 Canada Tel, Available online
Rae, J ([1834] 1965). Statement of Some New Principles on the Subject of Political Economy. In:
James, R.W. (Ed.), John Rae: Political economist, vol. II. University of Toronto Press, Toronto;
Retrieved from
2.224,-0.198,5.448,2.177,0 Accessed 20 February 2020.
Robbins, L. (1963). Art and the state. In Politics and Economics: Papers in Political Economy,
London: Macmillan.
Ruskin, J. ([1862] 1905). Unto this last. London: George Allen, Edited by T.E. Cook and A.
Smith, A. ([1759] 1976). The Theory of Moral Sentiments. Oxford: Clarendon Press, Edited by A.L.
Macfie and D.D. Rafael.
Turgot, A.R.J. ([1750] 1973). Turgot on Progress, Sociology and Economics. Cambridge: Cambridge
University Press, Edited by R.L. Meek
UNESCO, Our Creative Diversity. Report of the World Commission for Culture and Development, Accesed 25 February 2020.
Veblen, T. ([1899] 1934). The Theory of the leisure class. New York: Modern Library.