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Valuing Detroit's Art Museuma history of fiscal abandonment and rescue /

正題名/作者 : Valuing Detroit's Art Museum/ by Jeffrey Abt.

其他題名 : a history of fiscal abandonment and rescue /

作者 : Abt, Jeffrey.

出版者 : Cham :Springer International Publishing :2017.

面頁冊數 : xvii, 273 p. :ill., digital ;24 cm.

Contained By : Springer eBooks

標題 : Art museums - Economic aspects - Michigan -

標題 : Detroit (Mich.) - Economic conditions - 21st century. -

電子資源 : 線上閱讀(Springer)

ISBN : 9783319452197 (ebook)

ISBN : 9783319452180 (paper)

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245 10$aValuing Detroit's Art Museum$h[electronic resource] :$ba history of fiscal abandonment and rescue /$cby Jeffrey Abt.

260 $aCham :$bSpringer International Publishing :$bImprint: Palgrave Macmillan,$c2017.

300 $axvii, 273 p. :$bill., digital ;$c24 cm.

490 1 $aPalgrave studies in American economic history

505 0 $a1. The Detroit Museum of Art -- 2. The Detroit Institute of Arts, the Founders Society, and the City -- 3. Building Additions, Detroit's Decline, and State Rescue -- 4. Failed Plans, Fresh Crises, a New Relationship -- 5. New Starts, then Detroit's Bankruptcy -- 6. Valuing Art, Trusts, and Return to the Beginning -- 7. Epilogue.

520 $aThis book explores the perilous situation that faced the Detroit Institute of Arts during the city's bankruptcy, when creditors considered it a "nonessential asset" that might be sold to settle Detroit's debts. It presents the history of the museum in the context of the social, economic, and political development of Detroit, giving a history of the city as well as of the institution, and providing a model of contextual institutional history. Abt describes how the Detroit Institute of Arts became the fifth largest art museum in America, from its founding as a private non-profit corporation in 1885 to its transformation into a municipal department in 1919, through the subsequent decades of extraordinary collections and facilities growth coupled with the repeated setbacks of government funding cuts during economic downturns. Detroit's 2013 bankruptcy underscored nearly 130 years of fiscal missteps and false assumptions that rendered the museum particularly vulnerable to the monetary power of a global art investment community eager to capitalize on the city's failures and its creditors' demands.

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650 14$aEconomics.$3140344

650 24$aCultural Economics.$3403930

650 24$aUrban Economics.$3212726

650 24$aNon-Profit Organizations and Public Enterprises.$3465335

650 24$aPublic Administration.$3401867

650 24$aEconomic History.$3408575

651 0$aDetroit (Mich.)$xEconomic conditions$y21st century.$3431611

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950 $aEconomics and Finance (Springer-41170)

Abt, Jeffrey.

Valuing Detroit's Art Museuma history of fiscal abandonment and rescue /[electronic resource] :by Jeffrey Abt. - Cham :Springer International Publishing :2017. - xvii, 273 p. :ill., digital ;24 cm. - Palgrave studies in American economic history. - Palgrave studies in American economic history..

1. The Detroit Museum of Art -- 2. The Detroit Institute of Arts, the Founders Society, and the City -- 3. Building Additions, Detroit's Decline, and State Rescue -- 4. Failed Plans, Fresh Crises, a New Relationship -- 5. New Starts, then Detroit's Bankruptcy -- 6. Valuing Art, Trusts, and Return to the Beginning -- 7. Epilogue.

This book explores the perilous situation that faced the Detroit Institute of Arts during the city's bankruptcy, when creditors considered it a "nonessential asset" that might be sold to settle Detroit's debts. It presents the history of the museum in the context of the social, economic, and political development of Detroit, giving a history of the city as well as of the institution, and providing a model of contextual institutional history. Abt describes how the Detroit Institute of Arts became the fifth largest art museum in America, from its founding as a private non-profit corporation in 1885 to its transformation into a municipal department in 1919, through the subsequent decades of extraordinary collections and facilities growth coupled with the repeated setbacks of government funding cuts during economic downturns. Detroit's 2013 bankruptcy underscored nearly 130 years of fiscal missteps and false assumptions that rendered the museum particularly vulnerable to the monetary power of a global art investment community eager to capitalize on the city's failures and its creditors' demands.

ISBN: 9783319452197 (ebook)Subjects--Corporate Names:

471049
Detroit Institute of Arts
--Economic aspects.Subjects--Topical Terms:

471050
Art museums
--Economic aspects--MichiganSubjects--Geographical Terms:

431611
Detroit (Mich.)
--Economic conditions--21st century.

LC Class. No.: N560 / .A28 2017

Dewey Class. No.: 708.17434
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