AUTHOR: Ethan Stanislawski TITLE: The Don Hall/Mike Daisey/Scott Walters/Adam Thurman debate DATE: 9:18 PM ----- BODY:
The breakdown:
And then they all called it a week and went out and had tea. Sheesh, I guess if you don't want drama in your blogging life, don't blog about drama.

My Take:
For one, I think Hall is right to point out that fluffy, oversimplistic talk accomplishes nothing. I also think Thurman is right to point out that there is an inherent talent gap in all fields, be it theater, poker, or law. That's a side of the starving artist argument that is often ignored. What I will say, however, is that Daisey is right to point out that there's no need for theater to be competitive. Thurman claims to be taking the realist economic stance, but he makes an egregious error in his view of scarciy.

Yes, resources are scarce in the arts economy, just as they are in the world economy. But the economics of art, just like the economics of the world, is not like a poker tournament. There's not a fixed amount of money involved, and there's no fixed pie for each person to acquire a percentage of. One theater professional's success does not need to mean another one starves. Walters is right that Thurman has taken a descriptive stance, but he's overlooked how flawed his descriptive stance is.

If you're going to talk economics, why not use an example from actual economics, instead of a poker tournament? When India developed a tech industry, did America's tech industry crumble? No. Instead, India provided an extended pool of resources that has helped the U.S. and world economy much more than it has hurt. If it wasn't for India's economic development, there would be no Citigroup today.

Contrary to Thurman's assessment of scarcity, more theater would not mean that there is a shortage of pieces of the pie to be had. It would instead mean that the pie gets bigger. The argument is not that a bad theater artist should make as much as good one, but he should be able to make an income that's sustainable. Healthcare should not be dependent on your success. A bad lawyer can still make six figures, while an exceptional one can make eight figures. Theater artists should be able to make a living the same way.

The economic explanation for why most theater artists do starve is that a theater professional is not as heavily demanded as a laywer, and there is an an abundance of theater people over what is demanded. This creates a surplus of theater workers, which means more unemployment. Demand, however, is elastic, and it can increase. If steps can be taken to shift a demand curve to the right, then there will be more theatrical professionals making more money. The demand could increase by creating more lively, cheaper theater. Lively and cheap theater requires artists who can take risks without worrying about starving because their medical bills are so high.

When a basic standard of living is met, theater jumps back into the world like a spring. Theater artists can take more risks and ticket prices go down. People start coming back to the theater, putting money into the system. A theater artist's expected income increases, meaning more people can live that life, and have more of an incentive to do so. The normative goals are met by descriptive economics. Simple as that, people.

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-------- AUTHOR: Ethan Stanislawski TITLE: The Don Hall/Mike Daisey/Scott Walters/Adam Thurman debate DATE: 9:18 PM ----- BODY:
The breakdown:
And then they all called it a week and went out and had tea. Sheesh, I guess if you don't want drama in your blogging life, don't blog about drama.

My Take:
For one, I think Hall is right to point out that fluffy, oversimplistic talk accomplishes nothing. I also think Thurman is right to point out that there is an inherent talent gap in all fields, be it theater, poker, or law. That's a side of the starving artist argument that is often ignored. What I will say, however, is that Daisey is right to point out that there's no need for theater to be competitive. Thurman claims to be taking the realist economic stance, but he makes an egregious error in his view of scarciy.

Yes, resources are scarce in the arts economy, just as they are in the world economy. But the economics of art, just like the economics of the world, is not like a poker tournament. There's not a fixed amount of money involved, and there's no fixed pie for each person to acquire a percentage of. One theater professional's success does not need to mean another one starves. Walters is right that Thurman has taken a descriptive stance, but he's overlooked how flawed his descriptive stance is.

If you're going to talk economics, why not use an example from actual economics, instead of a poker tournament? When India developed a tech industry, did America's tech industry crumble? No. Instead, India provided an extended pool of resources that has helped the U.S. and world economy much more than it has hurt. If it wasn't for India's economic development, there would be no Citigroup today.

Contrary to Thurman's assessment of scarcity, more theater would not mean that there is a shortage of pieces of the pie to be had. It would instead mean that the pie gets bigger. The argument is not that a bad theater artist should make as much as good one, but he should be able to make an income that's sustainable. Healthcare should not be dependent on your success. A bad lawyer can still make six figures, while an exceptional one can make eight figures. Theater artists should be able to make a living the same way.

The economic explanation for why most theater artists do starve is that a theater professional is not as heavily demanded as a laywer, and there is an an abundance of theater people over what is demanded. This creates a surplus of theater workers, which means more unemployment. Demand, however, is elastic, and it can increase. If steps can be taken to shift a demand curve to the right, then there will be more theatrical professionals making more money. The demand could increase by creating more lively, cheaper theater. Lively and cheap theater requires artists who can take risks without worrying about starving because their medical bills are so high.

When a basic standard of living is met, theater jumps back into the world like a spring. Theater artists can take more risks and ticket prices go down. People start coming back to the theater, putting money into the system. A theater artist's expected income increases, meaning more people can live that life, and have more of an incentive to do so. The normative goals are met by descriptive economics. Simple as that, people.

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