An Economic Theory of Avant-Garde and Popular Art

“What kind of creation is valuable? What holds value when the price of mediocrity is the same as cheap? I won't lie, I found this academic paper in the least academic way (TikTok), but it's made me wonder: what will be valuable when the value of creation decreases, what should've ever been valuable in the first place, and where can I add value most? For those who won't read it TL;DR in the end, all that will be left will be those who can make the cheapest market-pleasing versions and those who can make the most avant-garde original versions. Everything in the middle will be pushed to either extreme.”