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"This wonderful book can make you aware of some splendid works in the "seventh art" that already influence, or should influence, anyone who wants to understand economics. It can be used to teach an economics class in an innovative way, or simply to enjoy economics and movies differently." - Antonio Cabrales, Professor of Economics, Universidad Carlos III Madrid. "In this outstandingly entertaining book, Professor Sanchez-Pages uses the lens of a micro-economist to dissect some of the most seen films of our time. The perspective is startlingly brilliant and unique. Once you have read this book you will want to see these movies again, but from a completely novel perspective." - Shanker Satyanath, Professor of Politics, New York University. Cinema articulates the economic anxieties of each generation of filmmakers and audiences. It has an influence on people's views on various economic issues and many orders of magnitude larger than that of economics as a discipline. This book offers a sweeping study of the representation of economics in cinema across a wide range of areas and genres, from the conflicts over resources in the lawless Old West to the post-scarcity societies of science fiction futures. This book studies how films have portrayed trade unions, scarcity, money, businesses, innovators, migrant workers, working women, globalization, the stock market, and the automation of work. It aims to be useful to those who are interested in cinema with economic themes and to those who want to learn about economics through cinema. Santiago Sanchez-Pages is associate professor in economics at King's College London, UK. His academic research focuses on political economy, economic theory, and experimental economics. His articles have been published in leading international journals. He also writes on film and popular culture and has published several short stories.
Cinema articulates the economic anxieties of each generation of filmmakers and audiences. It has an influence on people’s views on various economic issues and many orders of magnitude larger than that of economics as a discipline. This book offers a sweeping study of the representation of economics in cinema across a wide range of areas and genres, from the conflicts over resources in the lawless Old West to the post-scarcity societies of science fiction futures. This book studies how films have portrayed trade unions, scarcity, money, businesses, innovators, migrant workers, working women, globalization, the stock market, and the automation of work. It aims to be useful to those who are interested in cinema with economic themes and to those who want to learn about economics through cinema.
This book explores the complex interplay of culture and economics in the context of Philippine cinema. It delves into the tension, interaction, and shifting movements between mainstream and independent filmmaking, examines the film distribution and exhibition systems, and investigates how existing business practices affect the sustainability of the independent sector. This book addresses the lack or absence of Asian representation in film distribution literature by supplying the much-needed Asian context and case study. It also advances the discourse of film distribution economy by expounding on the formal and semi-formal film distribution practices in a developing Asian country like the Philippines, where the thriving piracy culture is considered as ‘normal,’ and which is commonly depicted and discussed in existing literature. As such, this will be the first book that looks into the specifics of the Philippine film distribution and exhibition system and provides a historical grounding of its practices.
This short handbook collects essays on all aspects of the motion picture industry by leading authorities in political economy, economics, accounting, finance, and marketing. In addition to offering the reader a perspective on what is known and what has been accomplished, it includes both new findings on a variety of topics and directions for additional research. Topics include estimation of theatrical and ancillary demand, profitability studies, the resolution of evident paradoxes in studio executive behavior, the interaction of the industry and government, the impacts of the most recent changes in accounting standards, and the role and importance of participation contracts. New results include findings on the true nature of the seasonality of theatrical demand, the predictive power of surveys based upon trailers, the impact of the Academy Awards, the effectiveness of prior history measures to gauge cast members and directors, and the substitutability of movies across different genres.
Examining what it terms "Korea's IMF Cinema," the decade of film-making that following that country's worst-ever economic crisis, this book thinks through the transformations of global political economy attending the end of the American century.
Representational technologies including photography, phonography, and the cinema have helped define modernity itself. Since the nineteenth century, these technologies have challenged our trust of sensory perception, given the ephemeral unprecedented parity with the eternal, and created profound temporal and spatial displacements. But current approaches to representational and cultural history often neglect to examine these technologies. James Lastra seeks to remedy this neglect. Lastra argues that we are nowhere better able to track the relations between capital, science, and cultural practice than in photography, phonography, and the cinema. In particular, he maps the development of sound recording from its emergence to its confrontation with and integration into the Hollywood film. Reaching back into the late eighteenth century, to natural philosophy, stenography, automata, and human physiology, Lastra follows the shifting relationships between our senses, technology, and representation.
The movie industry boomed in the twentieth century, and is still going strong today. However, the economics of movies has been curiously under explored until now. Innovative and informative, this accessible book, which includes contributions from some of the leading experts in the area, is a huge step forward in our understanding of this important topic.
In this imaginative new work, Adam Lowenstein explores the ways in which a group of groundbreaking horror films engaged the haunting social conflicts left in the wake of World War II, Hiroshima, and the Vietnam War. Lowenstein centers Shocking Representation around readings of films by Georges Franju, Michael Powell, Shindo Kaneto, Wes Craven, and David Cronenberg. He shows that through allegorical representations these directors' films confronted and challenged comforting historical narratives and notions of national identity intended to soothe public anxieties in the aftermath of national traumas. Borrowing elements from art cinema and the horror genre, these directors disrupted the boundaries between high and low cinema. Lowenstein contrasts their works, often dismissed by contemporary critics, with the films of acclaimed "New Wave" directors in France, England, Japan, and the United States. He argues that these "New Wave" films, which were embraced as both art and national cinema, often upheld conventional ideas of nation, history, gender, and class questioned by the horror films. By fusing film studies with the emerging field of trauma studies, and drawing on the work of Walter Benjamin, Adam Lowenstein offers a bold reassessment of the modern horror film and the idea of national cinema.
What does the movie Lion tell us about why some societies grow rich and others remain poor? What can the global box office juggernaut, Jurassic World tell us about entrepreneurs and the ethics of business? Can the movie Passengers give us insight into human motivation and decision making? This book surveys more than 40 movies to answer these questions and much more. Movies do more than entertain. They project important insights, often unintentional, into the way the world works and the values society cares about. Indeed, their stories are often grounded in the real-world experiences of everyday people. As part of this, movies also provide a window into understanding and evaluating economic behavior. Economics is, after all, the study of how scarce resources like labor, capital, and technology are used to improve (or reduce) our welfare. It also helps us to more fully understand the consequences in our lives that result from those choices and decisions. Through exploring a wide range of films from Passengers to Victoria and Abdul, this book delves into economic concepts such as opportunity costs, profit maximization, greed, business ethics, monopoly, economic growth, and entrepreneurship. Contemporary Film and Economics is a must read for anyone interested in how movies project and interpret economic ideas, craft popular narratives for how economies operate, and explore motivations for economic behavior. Economists will find it useful in starting discussions on key concepts, while filmmakers will find the discussions of economic concepts a provocative way of thinking about how to craft engaging stories that are grounded in practical experience.
The past two decades have witnessed major changes in film industries worldwide in response to both economic globalisation and technological developments. The dominant position of Hollywood movies in the global film market has remained largely uncontested, but Hollywood itself has become increasingly international in its operations whilst ‘regional’ screen industries such as those in East Asia and in the Indian subcontinent have (re-)emerged and developed new forms of collaboration. The advent of digital technologies has also transformed the content of films and the ways in which they are made and consumed. Such changes, in turn, have posed new economic and cultural challenges for policy-makers around the world and led to a degree of rethinking of how film policy objectives are to be conceived, defined and implemented. This collection brings together a range of international scholars from the USA, Europe and Asia to consider how film policy has responded to the various economic, technological and political shifts shaping the global film industry; and to identify the many tensions between global and local, economic and cultural, and public and private policy objectives that have been the result of these changes. This book was originally published as a special issue of the International Journal of Cultural Policy.