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The Art Market As an Interest of the Creators of Economic Theory. Historical Perspective

Author

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  • Marta Lewenstein

    (Uniwersytet Warszawski, Wydzial Zarzadzania)

Abstract

The art market and its history are in fact the story of exchange and adaptation to the changing needs of customers, which is also characteristic of all other industry markets. The purpose of this article is to demonstrate the evolution of the views of economists, which emerged over the centuries, focusing on the art market. The paper deals with issues connected with the art market from the perspective of history of economic thought. This article is based on a review of available literature. The first part of the work presents the history of this market. The second part is concentrated on issues related to the development of economic thought. The views of the economists presented in the paper, starting from the fourteenth century, do not exhaust the whole spectrum of issue, but are examples of views of the people whose opinions counted over the centuries.

Suggested Citation

  • Marta Lewenstein, 2017. "The Art Market As an Interest of the Creators of Economic Theory. Historical Perspective," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 15(68), pages 149-168.
    • Handle: RePEc:sgm:pzwzuw:v:15:i:68:y:2017:p:149-168
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    File URL: https://pz.wz.uw.edu.pl/resources/html/article/details?id=169870
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    More about this item

    Keywords

    art market; history of economic thought; history of the art market; art.;
    All these keywords.

    JEL classification:

    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches

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