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Titel
On the economics of the theatre in renaissance London
Auteur
M.I. Oates
,
W.J. Baumol
Tijdschrifttitel
In:
Swedish journal of economics.
. 74 (1972), 136-160
Annotatie
wedish journal of economics. 74 (1972), 136-160
Trefwoorden
economie
,
theater
,
theatertechniek
Samenvatting
The theater of Elizabeth and James (1576-1642) was entirely commercial, receiving virtually no subsidy form patrons. Though not always profitable, some theatrical entrepreneurs made fortunes and many actors lived comfortably. The profitability of runs of two weeks (today some 35 weeks are required) helps explain the many plays produced. The high attendance rate was necessary for prosperity of the theater in a city under 200 000. It was also probably helped by the Tudor inflation which apparantly reduced real wages to their lowest level from the late Middle Ages to the present. Today, with real wages many times higher and attendance rates lower, such small cities cannot provide prosperous unsubsidized theater