“Help me help you.”
Yesterday in conjunction with this week’s Acton Commentary I looked at Tim Riggins’ gift of freedom to his brother and the corresponding sense of responsibility that resulted. When Tim takes the rap for Billy, Billy has a responsibility to make something of his life. As Tim puts it, that’s the “deal.”
Encyclopedia Entry: “Arts”
Tyler Cowen. The Concise Encyclopedia of Economics. 2d ed. Indianapolis: Liberty Fund, 2007.
General economic principles govern the arts. Most important, artists use scarce means to achieve ends—and therefore recognize trade-offs, the defining aspects of economic behavior. Also, many other economic aspects of the arts make the arts similar to the more typical goods and services that economists analyze.
