Wednesday, December 24, 2008
For Profit Archaeology
The Miliken Institute's Financial Innovations Labs have issued a report entitled Financial Innovations for Developing Archaeological Discovery and Conservation. It seems to be a call for archaeologists to participate in the profit-oriented market for antiquities, though the report certainly doesn't use that language. Even when mediated through the securitization of debt obligations backed by cash-flow from long-term loans, this is problematic. Archaeologists work to bring information about the past to the public, not to meet commercial demand for artifacts.