Does Funding Art Build the Economy or Break the Bank? Polina Osherov Joins the Conversation.

Art, Economics, and the Future: The Power of Creativity in Urban Development

Is investing in the arts a recipe for losing money, or is it vital for a thriving economy? In this episode, the hosts dive into the complexities of how art and economics intersect, with guest Paulina Osherov, founder of Pattern Magazine. The discussion ranges from the role of money in solving problems, the need for a state agency to support creative industries, to the invisible labor and challenges of building creative communities. We explore the crucial need for a balanced investment in both commercial and nonprofit arts to foster a vibrant and economically thriving city — and the fact that ROI on some artistic ventures is hard to measure. It also touches on topics like public safety, the role of corporate champions, and strategies to attract and retain creative talent. The dialogue underscores the immense economic value that creativity brings to urban environments and the critical need for long-term, visionary planning to support the arts.

 

More about Polina:

https://patternindy.com/

https://www.polinaosherov.com/

 

The hosts:

 

Michael Salemi, http://www.colored-threads.com/

Daniel Herndon, https://hrndn.com/

Aaron Douglas, https://auspicious.llc/