“Gates” Worth? Depends On What You Want To Measure (And Why)

There’s been a rush to tout economic benefits to New York because of the Christo Central Park Gates. “Such governmental attempts to spin artistic value into financial value are calculated to persuade taxpayers and politicians of ‘the value of the arts to our communities, our states, and our nation’.” But what do these benefits really amount to? And what about the aesthetic value of the work itself?