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Home Our Work Media and Culture Arts Funding: A new approach
Arts Funding: A new approach Print E-mail
Written by David Rawcliffe (March 2010)   

Government support for the arts is currently provided as a subsidy to producers. This system suffers from four major problems: it relies on an expensive bureaucracy; it distributes subsidies unequally between regions and income groups; it distorts producers’ incentives through corruption, politicisation and arbitrary criteria; and it reduces competition, innovation and efficiency. This paper proposes a new system for arts funding: consumer-side subsidies delivered as vouchers to all citizens, which would alleviate the four problems outlined above, and better fulfil the central objectives of art funding.

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The Adam Smith Institute is the UK’s leading libertarian think tank. It engineers policies to increase Britain’s economic competitiveness, inject choice into public services, and create a freer, more prosperous society. For more information, click here.

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