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EconTalk

Michael O'Hare on Art Museums

EconTalk

Library of Economics and Liberty

Philosophy, Science, Social Sciences, Ethics, Economics, Books, History, Business, Courses, Education, Society & Culture, Interviews

4.74.4K Ratings

🗓️ 4 May 2015

⏱️ 63 minutes

🧾️ Download transcript

Summary

Michael O'Hare of the University of California, Berkeley talks with EconTalk host Russ Roberts about the management of art museums. O'Hare suggests a number of changes that would allow museums to be more effective and to justify their non-profit status--lower admission prices, selling part of their substantial unseen inventory to other museums, and broadening the activities of the museum to include educational exhibits on the creation of art and the commercial side of art. He encourages trustees of museums to see their job more as tough-minded advisors and less as financiers of museum budgets.

Transcript

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0:00.0

Welcome to Econ Talk, part of the Library of Economics and Liberty.

0:06.4

I'm your host, Russ Roberts of Stanford University's Hoover Institution.

0:11.0

Our website is econtalk.org where you can subscribe, comment on this podcast, and find links

0:16.3

and other information related to today's conversation.

0:19.0

You'll also find our archives where you can listen to every episode we've ever done going

0:23.2

back to 2006.

0:25.4

Our email address is mailadycontalk.org.

0:27.4

We'd love to hear from you.

0:32.0

Today is April 27, 2015, and my guest is Michael O'Hare, professor of public policy at the

0:38.4

Goldman School of Public Policy University of California at Berkeley.

0:42.1

Our topic today comes from a recent essay he has written, museums can change will they

0:48.6

published in Democracy, a journal of ideas, and we'll put a link up to that article.

0:52.3

Michael, welcome to Econ Talk.

0:53.6

Hi, Russ.

0:54.6

Nice to be here.

0:55.6

Well, early in your essay, you talk about approaching an art museum and the somewhat surreal

1:00.9

atmosphere, the way the arts displayed, the way we interact with it.

1:05.7

There might be an audio guide to help you along the way.

1:09.1

At the end, there's an upscale cafe, a gift shop.

1:13.3

What's wrong with this?

1:15.0

This is pretty great.

1:16.0

What's wrong with that experience is it's currently culturally structured.

...

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