Public Value or Intrinsic Value? The Arts-Economic Consequences of Mr Keynes

Andrew Pinnock

Public Money & Management, 2006, vol. 26, issue 3, 173-180

Abstract: According to the think-tank Demos, and Culture Minister David Lammy, Arts Council England faces a ‘crisis in legitimacy’. This article explains why. It takes an honest look at the cultural philosophy of founder-chairman John Maynard Keynes and shows how the Keynesian decision-making system works in practice.

Date: 2006
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DOI: 10.1111/j.1467-9302.2006.00519.x

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