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john_ch_music's avatar

Separate from the thread about non-diminishable public goods, I'd be remiss to not post about the gig this weekend by my kids punk band Riot Baby (deets here: https://events.humanitix.com/riot-baby-bad-decisions-single-launch-w-charlie-needs-braces-northcote-uniting-hall). We think a lot about how to build an alternative music culture, create spaces to connect local families to original, local music.

We're lucky to get quite a lot of council festival bookings, and we've been going to folk music camps a bunch too in the last few years, which are both lovely spaces for discovery and to show what we do, but headline gigs are really hard!

In this case, we've got some funding from Darebin Council to cover some extra advertising and mean that we can offer artists guarantees, but it's a struggle to get people to buy pre-sales as always!

john_ch_music's avatar

Economist/musician here (maybe more accurately musician/economist these days) and I think you’d find that most economists wouldn’t quibble with your definition of music as a public good as it is non-excludable, and non-rivalrous. Especially in these days of streaming, it’s effectively zero-marginal cost.

I used to work in infrastructure policy, which is another type of non-diminishable public good, and it’s astounding how well some of those frameworks apply to music. In other industries, we have regulators, unions, consumer advocates and consumer protection bodies to keep an eye on the industry, but no one seems to be looking at this in music in a systematic way. Creative Australia does a study every year, I want a damn senate inquiry and an ACCC investigation!

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