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Maria Miller wants the arts to make more money. Here’s how

By Jonathan Todd  

For economists, the arts pose a problem. We know that the value of their contribution to wellbeing exceeds what can be measured in simple GDP. But we do not and perhaps cannot know by precisely how much. Even quantifying the contribution of the arts to GDP itself can be tricky. Fortunately, we are getting better at this.

Oxford Economics are now on the fourth edition of their study for the British Film Institute on the…

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