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Journal of Economic Literature - Book Review

JEL Volume. 50, Issue 3 | leftPrevious Review

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Book(s) Reviewed

The Perilous Life of Symphony Orchestras: Artistic Triumphs and Economic Challenges by Robert J. Flanagan

Published By: New Haven and London: Yale University Press
ISBN: 978-0-300-17193-8
Date of Publication: 2012


Book Review Detail

Reviewed by: Joshua Rosett of Claremont McKenna College
Review DOI: 10.1257/jel.50.3.791.r14
Review Pages: 825-28

Book Review Abstract

Joshua Rosett of Claremont McKenna College reviews "The Perilous Life of Symphony Orchestras: Artistic Triumphs and Economic Challenges" by Robert J. Flanagan. The EconLit abstract of the reviewed work begins: Analyzes the economic challenges facing U.S. symphony orchestras and contrasts the experiences of orchestras in the United States and abroad. Discusses surpluses, deficits, and symphony orchestras; why surpluses are so difficult to maintain; cost disease or business cycles; snapshots of symphony orchestra finances; the search for symphony audiences; artistic and nonartistic costs; government support of orchestras; private support of orchestras; symphony orchestra endowments and governance; how other countries support their orchestras; and the economic future of symphony orchestras. Flanagan is Konosuke Matsushita Professor of International Labor Economics and Policy Analysis, Emeritus, and Director of the Public Management Program at the Stanford Graduate School of Business. Index.


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Book Review Authors

Joshua Rosett of Claremont McKenna College


JEL Classifications

L82: Entertainment; Media
Z11: Economics of the Arts and Literature


Journal of Economic Literature


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