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The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

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Page 1: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

The Warhol Economy:How Art Works

Elizabeth Currid-HalkettAssociate Professor

Price School of Public Policy

University of Southern California

Page 2: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

Some basic questions

• Do art and culture really matter to the growth

and prosperity of cities?

• If so, why does creativity and art happen

where it does? How does creativity “work”?

• What does this mean for artists’ careers?

Page 3: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

First, art and culture matter…. • 4th Largest Employer in NYC and LA

• 3rd Largest Employer in London (Arts Council of England)

• Most represented of all industries in NYC and LA

• $21 billion impact on New York City’s economy.

• £25 billion - £29 billion annually in revenues for London’s economy.

• $733 million generated from NYC’s Fashion Week alone

….and generate real money

Source: Bureau of Labor Statistics, Alliance from the Arts, NYC, Arts Council of England and GLA, Robert Kloosterman, University of Amsterdam

Page 4: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

But how do they work?

Page 5: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

The importance of the “scene”

Andy Warhol, Janis Joplin, Tim Buckley, at Max's

Kansas City, NYC, 1968.

 

Page 6: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

Where creativity thrives: The social scene

“One night these dudes invited me out for drinks. I didn’t want to go, then I said [to myself] ‘go, so you’re in their

sites’, that’s business for me but it’s fun” – Ricky Powell, photographer

• Three types of social scenes that facilitate the cultural economy

– Nightlife– Industry Events– In situ interactions; Spatial Proximity

(Neighborhoods)

Page 7: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

The economics of a social scene• Artists use their social lives for career

mobilization (sometimes consciously, sometimes not)

• The social scene offers the perpetual possibility to advance their careers

Page 8: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

I. Networking: Getting a job

“I was out on a date three weeks ago, I was really bored. I went to get another drink and ran into someone from Creative Time [a public art organization] and he put me in touch with a music house, a place I was going to contact. I got in touch with them and now I am going to send a demo….Where you socialize, your social life completely determines your worklife and vice versa…[We] all go to the same places after a gallery opening, [we] go to the artist’s dinner [etc.].” – a DJ

Page 9: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

I. Networking: Access to gatekeepers

“Artists go to shows to meet people who write about art, meet them again and again [at gallery openings and shows], pretty soon call them up and invite them to their show.” – artist

“I was really hoping Jeffery Deitch would be here tonight so that I could talk to him about my upcoming show.” - artist

Page 10: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

II. Interlocking creativity

Three approaches:– Flexible career paths– Cross-cultural gatekeepers– The “commodification of cool”

The clustering of cultural industries to constantly engage each other across separate fields resulting in new combinations of jobs, products and evaluation.

Page 11: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

Flexible career path:Andre the Giant has a posse

Shepard Fairey’s graffiti art has turned into a major clothing, design and music conglomerate

Page 12: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

…To painting the portrait of Barack Obama for the Smithsonian

Page 13: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

II. Interlocking art worlds:Cross-cultural gatekeepers

“It used to be the real fashion press that makes or breaks your career. Now it’s if Lindsey Lohan wears your dress”

– Cynthia Rowley, fashion designer

• Established and successful artists often act as gatekeepers in defining what “good art” is

– Occurs across industries (e.g. Marc Jacobs as fashion designer and purveyor of cool music)

Page 14: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

III. Transaction costs: Less trouble is less trouble

“When I lived in San Diego and I would bring my stuff to New York, no one would ever call. It’s so much by chance, by running into people….It’s quick when people need things they pick up the phone and call but so much is just instantaneous and [they] need it now and it’s just too much work to contact that guy in San Diego….They may have the sincerest effort to call me but why would they when they can just find someone on the street?” –graphic designer

Page 15: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California
Page 16: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California
Page 17: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

EVENT ENCLAVESWhy are they there?

HIGH-PROFILE VENUE

OTHER

VENUE

OTHER

VENUE

OTHER

VENUE

OTHER

VENUE

Hollywood Blvd

Highland Ave

Page 18: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

A few takeaways:Why place matters to artists

•Artists need their social lives to further their careers and thus need to locate themselves within rich artistic communities.

• The social mechanisms reinforce themselves: The more artists come to be a part of the social scene the more effective the social scene locking in the advantage of LA for film, New York for fashion, Nashville for music and so forth…

Page 19: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

A few takeaways: Creative place making and artistic careers

• Nightclubs can shape a city’s creative fortunes– Unconventional policies and zoning

Page 20: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

…Creative place making and artistic careers

• Artists not institutions drive creativity– Museums house dead artists; art districts

house future generations

Page 21: The Warhol Economy: How Art Works Elizabeth Currid-Halkett Associate Professor Price School of Public Policy University of Southern California

“I can't even enjoy a blade of grass unless I know there's a subway handy, or a record store or some other sign that people do not totally regret life.”

– Frank O’Hara, Meditations in an Emergency