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Quarter Notes and Bank Notes:
The Economics of Music Composition in the Eighteenth and Nineteenth Centuries
F. M. Scherer

Paperback | 2012 | $24.95 / £16.95 | ISBN: 9780691155463
280 pp. | 6 x 9 | 27 line illus.
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In 1700, most composers were employees of noble courts or the church. But by the nineteenth century, Chopin, Schumann, Brahms, Verdi, and many others functioned as freelance artists teaching, performing, and selling their compositions in the private marketplace. While some believe that Mozart's career marks a clean break between these two periods, this book tells the story of a more complex and interesting transition.

F. M. Scherer first examines the political, intellectual, and economic roots of the shift from patronage to a freelance market. He describes the eighteenth-century cultural "arms race" among noble courts, the spread of private concert halls and opera houses, the increasing attendance of middle-class music lovers, and the founding of conservatories. He analyzes changing trends in how composers acquired their skills and earned their living, examining such impacts as demographic developments and new modes of transportation. The book offers insight into the diversity of composers' economic aspirations, the strategies through which they pursued success, the burgeoning music publishing industry, and the emergence of copyright protection. Scherer concludes by drawing some parallels to the economic state of music composition in our own times.

Written by a leading economist with an unusually broad knowledge of music, this fascinating account is directed toward individuals intrigued by the world of classical composers as well as those interested in economic history or the role of money in art.

F. M. Scherer is Aetna Professor Emeritus at Harvard University's Kennedy School of Government, Lecturer at the Woodrow Wilson School, Princeton University, and the author of many books.

Review:

"Scherer has broken new ground with his exciting interdisciplinary approach and use of massive quantitative and qualitative data--the scale of this achievement cannot be overstated."--Siobhan McAndrew, Business History

"This new book by F.M. Scherer explores aspects of the music business in Western Europe during the eighteenth and early nineteenth centuries, and asks the question of how classical composers there made the transition from feudal to capitalist society. . . . Scherer brings a much-needed sense of maturity and respectability to the study of music and commerce. . . . Scherer's work on the economics of music publishing is especially informative. . . . Anyone interested in the rise of market practices in Europe will enjoy [this book], especially if they like casual music."--James P. Kraft, Enterprise & Society

Endorsement:

"In a bold interdisciplinary foray, Dr. Scherer has used his highly regarded economist's skills to explore how leading European composers managed to support themselves during the 18th and 19th centuries. The result is an absorbing study of how creative artists adapted to the vast economic and social changes that occurred around them during the greatest era of musical composition."--Derek Bok, Harvard University

More Endorsements

Table of Contents:

List of Figures and Tables vii
Foreword ix
Chapter One
Introduction 1
Chapter Two
The Political, Social, and Economic Milieu 14
Chapter Three
Music Composition as a Profession 53
Chapter Four
Composers' Backgrounds, Aspirations, and Economic Rewards 79
Chapter Five
The Geography of Composer Supply and Demand 117
Chapter Six Changes in Transportation and Composers' Mobility 142
Chapter Seven
The Economics of Music Publishing 155
Chapter Eight
Conclusion 197
Appendix to Chapter One
A Currency Conversion Matrix 203
Appendix to Chapter Four
Consumption Outlays of Robert and Clara Schumann, 1841 210
Notes 215
References 249
Index 259

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    File created: 4/17/2014

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