Musings on Culture

Alejandra de Leiva's Blog

The Parable of the Tuileries or Why the Economy of Culture Has Its Own Rules

In the present economic climate, the cultural sector is under greater pressure than ever to justify its existence in terms of economic profitability. I’ve just seen an instructive and delightful animated short film, La parabole des Tuileries ou pourquoi l’économie de la culture a ses propres règles (The Parable of the Tuileries or Why the Economy of Culture Has Its Own Rules) that was posted a while back on Le Monde‘s website. The film illustrates three economic principles (Positive Externality, Marginal Utility and the Multiplier Effect) to justify subsidization of cultural goods and services. It’s well worth a watch:


You can watch the original French version HERE.

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One Response to “The Parable of the Tuileries or Why the Economy of Culture Has Its Own Rules”

  1. Absolutely simple BUT HIGHLY EFFECTIVE The economic value of Culture, simply explained, like they say a picture paints a thousand words.

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