Orchestra Economics

My Editor’s Choice post this time around is a blog/article that was just published a few days ago. It centers around Baumol’s curse. If you aren’t familiar with that term you will be after you read this article by Duncan Webb. And if you’re really into it you can find it discussed in eight different […]

One of the most damaging misconceptions about orchestras is that we raise money because we don’t make enough on ticket sales to cover the total expense of the concerts. The reality is very little of the fixed expenses of orchestras is covered by ticket sales, which typically cover, at most, the marginal expenses of putting […]