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The New Economy of Art: Debate 2

  • 4 March 2015, 6-8pm
  • DACS 33 Old Bethnal Green Road London E2 6AA
The debate panel, featuring Mark Waugh, Stella Ioannou, Ben Tufnell and Andrea Phillips.
Photography by Brian Benson © Brian Benson, 2015

Public funding vs private donors – what are the risks?

Does all money come with strings attached? Public funders increasingly demand measurement of positive audience impact, while philanthropic funds are sometimes tainted with accusations of corporate whitewashing. How should artists navigate and understand these interlinking currents while building the career that they want? This debate explored the restrictions and influences of different sources of funding on artists, and the impact on the risks they take.

Our panel of speakers comprised Stella Ioannou (Co-Director, Sculpture in the City), Andrea Phillips (Professor of Fine Art, Goldsmiths), and Ben Tufnell (Director, Parafin Gallery).


Stella Ioannou is Director of Lacuna, a London-based consultancy specialising in the development and production of cultural projects. Stella is also currently Co-director of Sculpture in the City, the City of London’s most ambitious arts initiative, which is delivered in partnership with local businesses and the wider arts community.

Dr. Andrea Phillips
is Professor of Fine Art and Director of PhD programmes in the Art Department at Goldsmiths. She lectures and writes about the economic and social construction of publics within contemporary art. Her current publications include How To Work Together (Chisenhale Gallery, The Showroom, Studio Voltaire, 2014). She is also a contributor to The New Economy of Art.

Ben Tufnell is Director of Parafin, London. He was a Curator at Tate Britain from 1997 to 2006 and Director of Exhibitions at Haunch of Venison from 2006 to 2013. His books include Land Art (Tate Publishing, 2006), Richard Long: Selected Statements and Interviews (HoV, 2007), Frank Stella: Connections (Hatje Cantz, 2011) and Uncommon Ground: Land Art in Britain 1967-79 (Arts Council,

Listen to the audio recording of the debate

Learn more about The New Economy of Art

This event is one of three public debates to launch and open up discussion around the issues raised in our new book, The New Economy of Art.

The New Economy of Art
, by DACS and Artquest, is a publication of writings on value, patronage and emerging business models in contemporary visual art, with contributions from experts across the art world as well as interventions by artists Sonia Boyce, Jeremy Deller and Barbara Steveni.

The New Economy of Art
book and debate series have been supported with funding from Arts Council England.

Listen to the audio recording of our first debate