1. An overview of the arts sector -- 2. Growth of the arts sector -- 3. Audiences for the arts -- 4. Consumer demand: An introduction -- 5. The characteristics of arts demand and their policy implications -- 6. Production in the performing arts -- 7. Firms and markets in the performing arts -- 8. Productivity lag and the financial problem of the arts -- 9. The market in works of art -- 10. The economics of art museums -- 11. Should the government subsidize the arts? -- 12. Public and/or private support for the arts in the United States, Canada, and Western Europe -- 13. Direct public support for the arts in the United States -- 14. The arts as a profession: Education, training, and employment -- 15. The role of the arts in a local economy -- 16. The mass media, public broadcasting, and the cultivation of taste -- 17. Conclusion: Innovation, arts education, and the future of art and culture in the United States