The Arts & Economics, Analysis & Cultural Policy is an outstanding work of Bruno S. Frey, a famous Swiss economist and professor who has a long history in the field of political economy, culture and art. Using the economic perspective, this exciting book offers an alternative view to sociological or art historic approaches to art. The issues discussed include: institutions from festivals to "superstar" museums, different means of supporting the arts, an investigation into art as an investment, and the various approaches applied when valuing our cultural properties. This text challenges widely held popular views and, once started, is difficult to put down. In this text, Amirhossein Mojtahedzadeh, the translator of the Persian version of the book, reviews different parts of the book and gives a complete overview.