The Heritage Game: Economics, Policy, and Practice

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A notable feature in cultural life is the growing demand to preserve and promote public access to historical buildings and sites, and artistic treasures of the past. Governments are increasingly involved in financing and regulating private attempts to meet this growing demand as well as extending their own provision of these treasures in state and locally owned museums and galleries. These developments raise important issues about the scope, content, and relevance of heritage policies in today's world. Written by two leading figures in the field of cultural economics, this authoritative book focuses on the impact of economic analysis on the formulation and implementation of heritage policy.

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Editorial Reviews

From the Publisher
"In The Heritage Game Alan Peacock and Ilde Rizzo tackle fascinating and under-explored questions about the application of economic theories to cultural policy. They effortlessly combine academic rigour with amusing and perceptive insights into the motivations behind the public guardianship of culture and heritage."—Mark Jones, Director, Victoria & Albert Museum

"Here is a wonderful book on the economics of cultural heritage. It deals with museums and galleries and with monumental sites. It gives plenty of useful advice on performance appraisal and the case for public intervention. It is a must for all practitioners in the cultural field as well as students."—Rick van der Ploeg, former State Secretary of Culture, The Netherlands and Elected Member of the UNESCO World Heritage Committee

"Admirers of Sir Alan's previous work will be delighted by The Heritage Game co-authored with Ilde Rizzo. Brilliantly argued and accessibly written, the book tackles an important and difficult topic in typically thoughtful and provocative fashion."—Victor Ginsburgh, Université Libre de Bruxelles

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Product Details

  • ISBN-13: 9780199213177
  • Publisher: Oxford University Press, USA
  • Publication date: 5/27/2008
  • Pages: 224
  • Product dimensions: 5.70 (w) x 8.50 (h) x 1.10 (d)

Meet the Author

Sir Alan Peacock has been a sailor (1942-45), Professor of Economics in four major universities, the first Vice Chancellor of the independent University of Buckingham, Chief Economic Advisor of the DTI, and an independent consultant. Allegedly retired, in recent years he has been deeply concerned about cultural matters, having served on the Arts Council of Great Britain and as Chair of the Scottish Arts Council. He is perhaps best known as Chairman of the Committee on Financing the BBC (1985-86). Ilde Rizzo is a specialist in cultural economics and is currently Chair of Public Finance at the University of Catania. She is a former member of the Italian Government Commission on Public Works and Vice Rector of the University of Catania.

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Table of Contents

1 Making difficult choices 1

2 Examining reasons for public intervention 15

3 Facing the facts 32

4 Heritage institutions and the economy 63

5 Some economics of museums and galleries 90

6 The built heritage 109

7 Evaluating the demand for heritage 124

8 The practice of public intervention 137

9 Investment and performance appraisal 156

10 A possible agenda for heritage policy 177

Index 195

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