Realizing values of built environment: fundamentals of socio economic approach

The aim is to develop insights in the value based approach to architecture and conservation. Students learn to differentiate among values and about ways to realize values. This includes knowledge about alternative ways of financing architectonic projects.
They learn to apply these insights in actual cases.

No prerequisites.

1. What are the questions?
2. The relation between culture and economy:
   Economists do not consider culture as a factor. Yet, culture plays a significant role in economic processes.
3. Realizing values:
   The challenge is to be aware of the relevant values involved and to determine the best way to make them real.
4. The notion of values. Different values:
   It is common to distinguish exchange from use values. Other distinctions are in order, especially when we are interested in the values of architecture and conservation
5. The notion of common and shared goods:
   Think of architecture as a common good, and notice how the discussion of its realization will change..
6. Realizing the values of goods in four different spheres:
   The logics of the market, governance, the social logic and the logic of the ôikos
7. Case studies:
   Using the case of the inner city of Rotterdam and of Barcelona

Knowledge of values and of processes of the realization of values.
The ability to read and interpret values in actual cases and to design policies and strategies for the realization and evaluation of values.

• Klamer A., 2007. Speaking of Economics: How to be in the Conversation
• Klamer A., 2014. Doing the Right Thing (manuscript) E-version
• Klamer A., 2014, The Values of Archaeological and Heritage Sites, in Archaeology and Economic Development, Special Issue
• Klamer A., Throsby D., 2000. Paying for the past: the economics of cultural heritage
• Pitacco G., 2013. Values of Architecture E-version
• Throsby D., 2001. Economics and Culture E-version
• Rizzo I., Mignosa A., 2013(edited by). Handbook on the Economics of Cultural Heritage

Participation in class. Written assignment. 50/50

Arjo Klamer is a distinguished economist specializing in the economics of art and culture. He holds the world's first chair in cultural economics at Erasmus University in Rotterdam. Throughout his career, Professor Klamer has authored numerous scholarly articles and books on topics including cultural heritage economics, cultural goods, the attention economy, and the rhetoric of economics.

Selected Publications:
• The Value of Culture (1996)
• The Story of Money (1998)
• Economy in Bed, on the Toilet, or in the Bath (2011, co-authored with Paul Teule and Erwin Dekker)
• Speaking of Economics: How to Get in the Conversation (2007)
• Doing the Right Thing (2014)
• The Values of Archaeological and Heritage Sites (2014)
• A Sense of Purpose: A Practical Guide (2021)

In his recent work, A Sense of Purpose: A Practical Guide (2021), Professor Klamer explores the fundamental question of "why" in various contexts, including growth, art, and personal motivation. He emphasizes that the economy should serve the arts and culture, advocating for a value-driven approach to economics that prioritizes people and nature. For a comprehensive list of his publications and further information, you can visit his personal website.
klamer.nl