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Last update:
May 28, 2007
Quote: It is the assumption of this book that a work of art is a gift, not a commodity. Or, to state the modern case with more precision, that works of art exist simultaneously in two "economies," a market economy and a gift economy. Only one of these is essential, however: a work of art can survive without the market, but where there is no gift there is no art.
Author: Lewis Hyde, "The Gift: Imagination and the Erotic Life of Property"