Showing posts with label supply. Show all posts
Showing posts with label supply. Show all posts

Sunday, March 6

Aesthetic Tastes in Shakespeare

Shakespeare plays, like any other type of commodity, rely on the economic principles of supply and demand.  However, discussing the supply and demand of theater just isn't as easy as discussing the supply and demand of milk, corn, rice, or some other agricultural product.  While these products might be considered necessities, theater is entertainment or luxury--which means that it's driven by the more subjective element of taste.  In this post, I'm going to take a closer look at taste, and how it benefited the Shakespeare product.  I'll rely on the help of the book Marketing the Bard, by Don-John Dugas, which I referred to in my last post.