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Do You Like the Mona Lisa More Than Your Mom?

AUGUST 07, 2014


Why is it so controversial when the government commissions art? Is it crazy to spend millions of dollars on a painting? What is the most valuable art you own? The answers to these questions, and what they can teach us about life and each other, might surprise you.

On August 12, 2014, host Janet Neilson was joined by Sarah Skwire of Liberty Fund to talk about the concept of subjective value and why it's important in art, economics, and life.

 

 

 

 

This event was based on the idea of subjective value

Follow Sarah Skwire's columns at The Freeman for lots more on art and liberty.

 

The following are useful links when thinking about art, economics, and freedom:

How to Talk to a Poet: Now With More Hayek! explores what poetry and Hayek can teach us about the discovery process. 

Bonfire of the Cliches discusses why literature might not be as hostile to the market as you might think.

No Art, No Liberty was a talk from the International Students for Liberty Conference in 2014. 

Video of the full event:

Dr. Skwire's pieces on art, freedom, and peace can also be found in the Students For Liberty publications Why Liberty and Peace Love & Liberty.

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Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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