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Ludwig van Beethoven and Franz Schubert: The Economic (Un)consciousness of the Artist

In: On Music, Money and Markets

Author

Listed:
  • Francisco Cabrillo

    (Complutense University of Madrid)

  • Thomas Baumert

    (Complutense University of Madrid)

Abstract

On 20 March 1827, thousands of people gathered in Vienna to give their last farewell to Ludwig von Beethoven, the man who had set the standard of modern symphonies in eight of them just to break it up in the ninth. Among the crowd was a young composer, Franz Schubert, who, despite his profound admiration for Beethoven, had never dared to approach him. Schubert, who escorted the master’s coffin as torchbearer, would only survive Beethoven barely one year. The present chapter studies the economies of both musicians and of the musical market during the peak of the Classical period and the transition towards Romanticism, giving a detailed account of the incomes and expenditures of both composers. And while both acted in the same musical market—Beethoven as performer and composer, Schubert intentionally only as composer—their musical and financial development differed notably.

Suggested Citation

  • Francisco Cabrillo & Thomas Baumert, 2023. "Ludwig van Beethoven and Franz Schubert: The Economic (Un)consciousness of the Artist," Springer Books, in: Thomas Baumert & Francisco Cabrillo (ed.), On Music, Money and Markets, chapter 0, pages 69-87, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-43226-2_4
    DOI: 10.1007/978-3-031-43226-2_4
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