Essays on Economic Book Report/Review

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February, 5, Economics People prefer certain art forms. The paper delves on the government’s art priorities. The paper focuses on the economic value of art products. The government must fund the enhancement the people’s art appreciation. Ms. Hager espoused community youth arts & drama normally involve political, national, social and economic areas (Frohnmayer 1). The government favorably maximizes youth arts funding. The Dept of Housing and Urban Development, Dept of Economic Development, and the Justice Dept help ensure the youth arts practices attain the government’s prescribed non-arts goals.

The National Endowment for the Arts (NEA) agency focuses on funding art appreciation, setting the criteria for youth art funding. Likewise, the agency coordinates the funding efforts with schools and other government agencies. Further, there is a stark difference between Latin American Art and U. S. art (Edwards 1). The paper espouses that the current generation of older Latin American artists produce higher quality art masterpieces compared to the current generation’s young artists.

On the other hand, the U. S. art scene indicates that the young U. S. artists produce higher quality art masterpieces compared to the older U. S. artists. The discussion delves on both the experimental artists and the conceptual artists. Some U. S. artists prefer abstract expression art form. In terms of older artists, it is more profitable to invest in Latin American art than U. S. art pieces. Based on the above discussion, I feel the government must enhance art appreciation. The government’s NEA agency must enhance the linkage between the agencies and the people’s art appreciation, enhancing the people’s art appreciation and the art masterpieces’ economic value.

In terms of older artists’ masterpieces, people should invest more in Latin American masterpieces than American art masterpieces. Evidently, I feel the government agencies should fund the people’s art appreciation, increasing the art pieces’ economic values. Works Cited: Edwards, Sebastian. The Economics of Latin American Art. Cambridge: National Bureau of Economic Research, 2004.Print. Frohnmayer, John. Censorship and Its Progeny. London: Fulcrum Press, 1985. Print.

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