Substack

Sunday, September 16, 2007

Trading in antiquities

There is an article by Daniel Gross in the Slate, Rent-A-Treasure, which quotes an idea put forward by Harvard Professor Micheal Kremer about renting of antiques.

Prof Kremer argues that since a large number of priceless antiquities are found in the poor, developing countries, who cannot afford to excavate, research and protect them properly, it may be appropriate to rent them out to the major museums of the world for a rental fee and a fixed period. Besides ensuring the proper maintanence and upkeep of these valuable treasures, it will also fetch significant sums for these countries. Such an arrangement would be the equivalent of outsourcing the maintenance of these antiquarts to professionally competent agencies!

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