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641. What Does It Cost to Lead a Creative Life?

Freakonomics Radio

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Financial Turmoil in Theater

This chapter examines the financial challenges of producing a Broadway show, highlighting the ongoing costs and complexities faced even by successful productions. It contrasts the economic pressures of Broadway with those of London's theater scene, revealing a longing for potential opportunities abroad. The conversation delves into the impact of unions, celebrity casting, and broader cultural values on the arts, reflecting on the evolving landscape of theater in both the U.S. and England.

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