Abstract

In his introduction Sir Alan Peacock says that he cannot offer as an excuse for writing his paper that he has something original to say about BaumoFs cost disease or the prospects of the performing arts. This could have put me in a veiy comfortable position because Sir Alan offers me a very good excuse for writing the comment on his paper that there isn't anything original to it. Unfortunately, quite the opposite is true, it is hard to find among Peacock's numerous writings one that does not offer original ideas. Looking for an analogy between Malthus' model of economic development and Baumol's model of unbalanced growth is a very interesting and stimulating thought. It is amazing how Peacock succeeds in keeping up the apparent parallel, and it is also challenging for the reader to look for further parallels concerning the destiny of the performing arts. In my short comment I would like to start with a rather optimistic scenario for the future development of the performing arts and finish with a few comments on the basic income issue.

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