 Art music and the economy: the modernity index and the Cincinnati Symphony Orchestra, 1895 to 2013Nancy Bertaux, Kaleel Skeirik and David Yi International Journal of Economics and Business Research, 2015, vol. 9, issue 4, 376-392 Abstract: This article views the production and performance of new art music as a public good that benefits society by infusing vitality into contemporary culture. This article presents a new modernity index (MI), a consistent index for assessing the degree to which a season of music programmes can be considered 'contemporary'. The article also presents a case study of the Cincinnati Symphony Orchestra (CSO), for the period 1895 to 2013. Analysis of the MI reveals trends over time, clearly showing a reduction in modernity as time goes on. This article discusses how the data based on the MI may be used by artistic organisations to transition its historic product (repertoire) into a more modern and socially relevant product. The study suggests that further research should examine increasing reliance on a private good model for financing art music that may lead to underproduction of contemporary art music. Keywords: economy; art music; Cincinnati Symphony Orchestra; CSO; contemporary music; modernity index; modern music; orchestra funding; public good; culture; orchestral repertoire; social relevance. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijecbr:v:9:y:2015:i:4:p:376-392 Access Statistics for this article More articles in International Journal of Economics and Business Research from Inderscience Enterprises Ltd |
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