Category: Museums

Month in Review: April, 2015

22 May, 2015 (10:02) | Bankruptcy, CDSs, Chicago, Cities, Contract rights, Detroit, Diego Rivera, Epictetus, Month in review, Municipal bankruptcy, Museums, Philanthropy, R. A. Lafferty, Speculation, US News |

By: David A. Smith “The site is now known as the Great Blue Island Swamp.” – R. A. Lafferty, “What’s the Name of that Town?”, 1964 R. A. Lafferty In 1964, the mad genius of science fiction R. A. Lafferty wrote a short story in which not only had the City of Chicago been vaporized, […]

Theme parks for the upper crust

10 April, 2015 (09:00) | Art, Bankruptcy, Detroit, Diego Rivera, Fundraising, Municipal bankruptcy, Museums, Philanthropy, Public amenities, Theory, US News |

By: David A. Smith Because people value only what they pay for, things that are free the same people devalue … until those things are threatened, whereupon the same observant herd that was indifferent and whose pockets were claimed empty suddenly discover newfound reserves, a point mentioned only in passing by an article in The […]