| This dissertation examines the economic principles of industrial and economic agglomeration as they apply to the contemporary art market. I propose a set of factors necessary to be the great arts city of the 21st century, and analyze them as they apply to Los Angeles. By demonstrating how the graduate art programs, critical discourse and museums of Los Angeles have built and sustained a market for art, both regionally and internationally, I intend to show how global art hubs function and elucidate L.A.'s potential to be the visual art center of the 21st century. |
