Nov
23
Jazz Economics
“If being a jazz artist is so unsustainable, why don’t more people weigh the cost-benefit analysis and quit? Why do people keep going into jazz performance studies at record levels, and apparently staying on the scene? An economist might tell you one of two things: the supply curve is high because artists are supplementing their performance income with other pursuits, or that demand is coming from forces which aren’t reflected on the surface of a sparsely-attended door gig: public grants, corporate underwriting, etc. I would venture to say both are probably the case”.
