“The Netherlands is an intriguing case study in the debate over how much public funding should go to the arts. Though the infusion of government spending on the arts in the 1970s and ’80s created an arts mecca hailed around the world, it also attracted hangers-on and yielded warehouses full of artworks of dubious merit and zero value on the commercial art market. Ultimately, the Netherlands found there can, in fact, be too much of a good thing. The government-backed support structure for artists created a talent glut, and it collapsed under its own weight.”